Research and Markets: Education and Training Services - the Major Companies Include Kaplan; Career Education Corporation (CEC); ITT Educational Services; and Sylvan Learning
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DUBLIN--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/b08a72/education_and_trai) has announced the addition of the "Education and Training Services" report to their offering. First Research is the leading industry intelligence company that helps sales teams perform faster and smarter, open doors, and close more deals. First Research performs the "heavy lifting" by synthesizing hundreds of sources into an easy to digest format that a sales person can consume very quickly to better understand a prospects business issues. The education and training services industry includes about 45,000 companies and 300,000 self-employed individuals with combined annual revenue of nearly $30 billion. Major companies include Kaplan; Career Education Corporation (CEC); ITT Educational Services; and Sylvan Learning (part of Educate). The industry is highly fragmented: depending on the segment, the 50 largest companies represent only 15 to 40 percent of total revenue. Education and training services is a broad category that encompasses job-specific certification; professional training; and classes emphasizing self-fulfillment, leisure, and hobbies. Many of the industry's programs, classes, and training services fall under the category of career and technical education (CTE), historically known as vocational education, or "vo-tech." High schools, community colleges, universities, and educational support services aren't included in this industry. Demand for certification classes is driven by employment trends in the medical, high technology, and manufacturing industries. Demand for classes emphasizing self-fulfillment is driven by personal income. The profitability of individual companies depends on maintaining low operating costs and recruiting enough students. Large companies have advantages in marketing and offering a wide range of classes and services. Small companies can compete effectively through personalized service and customized instruction. The industry is highly labor-intensive: average annual revenue per worker is around $80,000. Major services include management development and training (16 percent of industry revenue); technical and trade schools (15 percent); and computer training (13 percent). Key Topics Covered: * Industry Overview * Quarterly Industry Update * Business Challenges * Trends AND Opportunities * Call Preparation Questions * Financial Information * Industry Forecast * Website and Media Links * Glossary of Acronyms For more information visit http://www.researchandmarkets.com/research/b08a72/education_and_trai Source: First Research Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009
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