Vocational Schools & Occupational Training Industry - Market Size, Trends, and Growth - 2025-2030

Industry Overview

This U.S. industry comprises establishments primarily engaged in offering instruction (except business, computer, management, technical, trade, fine arts, athletic, language instruction, tutoring, and automobile driving instruction). Also excluded from this industry are academic schools, colleges, and universities. Illustrative Examples: Public speaking training Survival training Speed reading instruction Yoga instruction, camps, or schools
Source: U.S. Census Bureau

Market Size and Industry Forecast

This research report analyzes the market size and trends in the Vocational Schools and Occupational Training industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.

HistoricalForecasted
20202021202220232024202520262027202820292030
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Vocational Schools & Occupational Training companies in the United States.

Vocational Schools & Occupational Training Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesVocational Schools & Occupational Training
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Vocational Schools & Occupational Training Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Vocational Schools & Occupational Training Industry Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

Occupational, tech, & trade; prof dev; & mngmt training prog
Training prog/courses - all other pers, protective, & trans services
Training prog/courses - business, management, & public admin
Other occupational, tech, & trade; prof dev; & mngmt training prog
Contributions, gifts, & grants - private
Basic education & personal improvement programs & courses
Training programs & courses - education
Contributions, gifts, & grants - government
Leisure & recreation activities instruction & training

Vocational Schools & Occupational Training Industry Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%

Chief Executives0%
General and Operations Managers3%
Education, Training, and Library Occupations54%
Other Teachers and Instructors47%
Self-Enrichment Education Teachers29%
Self-Enrichment Education Teachers29%
Miscellaneous Teachers and Instructors17%
Teachers and Instructors, All Other, Except Substitute Teachers16%
Arts, Design, Entertainment, Sports, and Media Occupations15%
Entertainers and Performers, Sports and Related Workers14%
Athletes, Coaches, Umpires, and Related Workers13%
Coaches and Scouts13%
Personal Care and Service Occupations6%
Other Personal Care and Service Workers5%
Office and Administrative Support Occupations11%

Government Contracts

The federal government spent an annual total of $241,169,603 on the vocational schools & occupational training industry. It has awarded 1,331 contracts to 391 companies, with an average value of $616,802 per company.

Top Companies in Vocational Schools & Occupational Training and Adjacent Industries

CompanyAddressRevenue
($ Millions)





Order the Report on Vocational Schools & Occupational Training
PublisherPell Research
GeographyUnited States
Publication DateMarch 2025
Report FormatPDF Download  PDF
Price

Vocational Schools & Occupational Training Report Contents
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