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 BureauMarket 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) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
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) | Included |
| 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 are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| 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 | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Vocational Schools & Occupational Training industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
| Industry total | Included |
| 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 |
Salary information for employees working in the Vocational Schools & Occupational Training industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 5% | Included |
| 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) |
|---|
Included |
