The controversial No Child Left Behind Act has been an important driver of revenue for the Testing and Educational Support industry over the past decade, since industry operators play a prominent role in administering the assessments that ensure schools meet federal guidelines. The industry will thus be heavily impacted in the next five years by potential education reforms and fluctuations in federal funding. Regardless, industry operators have experienced steady growth since 2010 due to rising college enrollment, which boosts demand for the college entrance exams they provide, such as the SAT and ACT. The industry's testing segment has been particularly important given state budget constraints in recent years, which have limited school spending on more discretionary industry services, such as educational consulting.
Operators in this industry provide noninstructional support services for education industries. The major segments of this industry are educational testing services and educational consultants. This industry does not include computer software designers that develop education support software; those operations are included in the IT Consulting industry (IBISWorld industry report 54151).
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.
