Junior Colleges - 2024 U.S. Market Research Report with Updated Recession Risk Forecasts
The 78-page 2024 Colleges, Universities, and Professional Schools Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100+ data sets covering 2015-2028.
This Kentley Insights report is full of industry insights including historical and forecasted market size, revenue and industry breakdowns by product lines, size of company, concentration segmentation, business structure, customer type, state and
MSA, profitability, financial ratios, balance sheet benchmarks, BCG matrix, extensive statistics by state and MSA, operating expense details, workforce composition, industry consolidation analysis, sector benchmarks, employee productivity, price inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on numerous industry statistics including companies, locations, employees, pay, and much more.
The Colleges, Universities, and Professional Schools industry group includes companies primarily engaged in furnishing academic courses and granting degrees at baccalaureate or graduate levels. The requirement for admission is at least a high school diploma or equivalent general academic training. Instruction may be provided in diverse settings, such as the establishment's or client's training facilities, educational institutions, the workplace, or the home, and through diverse means, such as correspondence, television, the Internet, or other electronic and distance-learning methods. The training provided by these companies may include the use of simulators and simulation methods.
This report was developed utilizing the results from extensive business surveys and econometrics. Professionals utilize this report for market sizing, industry analysis, benchmarking, forecasting, strategic planning, market analysis, due diligence, valuation, sales & marketing strategy, operational streamlining, organizational strategy, evaluating opportunities, and many other analyses.
Review the 78-page table of contents or download a sample report to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the report:INDUSTRY SIZEIn 2023, industry sales were $565 billion
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INDUSTRY GROWTHOver the past 5 years, the industry has grown at an annual rate of 7.9%
The report has historical, annual and forecasted growth rates
COMPANY GROWTHThere are 2,419 companies in the industry
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SALES PER COMPANYIn 2023, the average sales per company was $233.6 million
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INFLATION & PRICINGInflation has averaged 5.3% over the past 5 years
The report has historicals (2015-2023), 4 years of monthly figures, and 2024 & 5-year forecast
PROFITABILITYFor unprofitable companies, the average net loss is -18.4%
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RIGHTSIZING ANALYSISEmployee productivity is $251,306
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EXPENSE BENCHMARKING2.6% of expenses is spent on health insurance
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OPERATING EXPENSESIn 2023, industry operating expenses grew 10.7%
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OPEXPAYROLL BY STATECalifornia averages $56,551 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS7.6% of employees in the industry are in management positions
Benchmark against 25 other job categories
JOB CATEGORIZATION PAY RANGESThe average industry hourly pay for office and administrative jobs is $21.91
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The above stats represent a small fraction of what you will find in this report.
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