Community colleges in principle is a two-year institution of higher education that are accessed by students who are unable to complete their education via conventional methods. As a result, they work as an alternative for students willing to attain employment market specific skills prior to entering the job market. Bachelor’s degree, continuing education, technical and vocational education, training (TVET) certification, and associate degrees are the kinds of programs that are availed by students. Community colleges equip people with the skills to successfully transition to the workplace. The glaring gap in demand and supply for a skilled workforce has necessitated the need for increasing number of these colleges. Besides, open access and flexible course completion options are some of the most critical reasons driving the market growth.
Technavio’s analysts forecast the community college market in the US to grow at a CAGR of 5.02% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the community college market in the US for 2017-2021. To calculate the market size, the report considers the revenue generated by public and private community colleges in delivering courses (offline and online) to individual students and learners.
Technavio’s report, Community College Market in The US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • AVTEC • Carver Career and Technical Education Center • Central Louisiana Technical Community College • NCK Tech
Other prominent vendors • North Florida Community College • Garden City Community College • Cleveland Community College • Northeast Community College
Market driver • Focus on non-traditional learners • For a full, detailed list, view our report
Market challenge • Funding cut • For a full, detailed list, view our report
Market trend • Emphasis on education marketing process • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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