When the global financial crisis began, collapsing corporate profit weakened the economy and reduced demand for business coaching services. Luckily, the economy recovered, and industry revenue is expected to increase over the five years to 2015. Moreover, the Business Coaching industry is expected to experienced continued growth as the US economy expands over the next five years. Increasing competition among corporations, which has been assisted by globalization and the entry of new domestic competitors, will encourage companies to spend on professional training.
This industry includes companies that offer short duration courses and seminars for management and professional development. Training is provided through public courses or through employers' training programs, and the courses can be customized or modified. Instruction may be provided at the company's training facilities, client or educational institutions, the workplace or the home and via television or the internet.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.