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.
Historical
Forecasted
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data
Industry Revenue ($ Billions)
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
Distribution by Company Size
Company Size
All Industries
Vocational Schools & Occupational Training
Small Business (< 5 Employees)
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:
Cost of goods sold
Compensation of officers
Salaries and wages
Employee benefit programs
Rent paid
Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies included).
Industry Average
Percent of Sales
Total Revenue
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
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 Ratio
Industry Average
Profitability Ratios
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 Description
Description
Revenue ($ 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
Title
Percent of Workforce
Bottom Quartile
Average (Median) Salary
Upper Quartile
Management Occupations
5%
Chief Executives
0%
General and Operations Managers
3%
Education, Training, and Library Occupations
54%
Other Teachers and Instructors
47%
Self-Enrichment Education Teachers
29%
Self-Enrichment Education Teachers
29%
Miscellaneous Teachers and Instructors
17%
Teachers and Instructors, All Other, Except Substitute Teachers
16%
Arts, Design, Entertainment, Sports, and Media Occupations
15%
Entertainers and Performers, Sports and Related Workers
14%
Athletes, Coaches, Umpires, and Related Workers
13%
Coaches and Scouts
13%
Personal Care and Service Occupations
6%
Other Personal Care and Service Workers
5%
Office and Administrative Support Occupations
11%
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 $616,802 per company.
Top Companies in Vocational Schools & Occupational Training and Adjacent Industries
Company
Address
Revenue ($ Millions)
Vocational Schools & Occupational Training Report Contents