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Education & Training Services Industry
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Industry Analysis

SIC CODES: SIC and NAICS codes are industry standard codes that describe an industry's basic categorization. Established in the United States in 1937, it is used by government agencies to classify industry areas. The SIC system is also used by agencies in other countries. In the United States the SIC code is being supplanted by the six-digit North American industry Classification System (NAICS code).
7231 , 7911 , 7999
NAICS CODES: SIC and NAICS codes are industry standard codes that describe an industry's basic categorization. Established in the United States in 1937, it is used by government agencies to classify industry areas. The SIC system is also used by agencies in other countries. In the United States the SIC code is being supplanted by the six-digit North American industry Classification System (NAICS code).
611410 , 611420 , 611430
Related Industries:
Consulting Services
Education & Training Software
Consumer Services
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Description

Companies in this industry include business and secretarial schools; technical and trade schools; and providers of tutoring, exam preparation, and other instruction. Major companies include Adtalem Global Education, Apollo Education Group, Career Education Corporation (CEC), K12, and Kaplan (all based in the US); as well as New Oriental Education & Technology Group (China), NIIT Limited (India), and Benesse Corporation (Japan).

Competitive Landscape

The education and training services industry is in a transitional phase, as tighter government regulation of for-profit career schools has forced several institutions to close in recent years. At the same time, other career and technical education providers have benefited from growing support for vocational training from high schools, businesses, and government grant programs.

Products, Operations & Technology

Major services include technical and trade schools (about 30% of industry revenue) and business schools and computer training (about 25%). Technical and trade schools include cosmetology, flight, real estate, 500 Internal Server Error
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