Find stats on top websites
Industry Landscape
The vocational education and skilled trades industry in the US is currently experiencing significant growth, driven by a national shortage of skilled workers and increasing demand from infrastructure development. There's a strong emphasis on hands-on training, industry partnerships, and technological integration to bridge the skills gap. The industry is adapting to evolving demands, offering specialized programs and flexible training solutions like corporate upskilling and on-site training to meet employer needs.
Total Assets Under Management (AUM)
Number of vocational schools in United States
~Approximately 4,000 to 5,000 registered private career schools and colleges.
(Not readily available as a single percentage for 'number of vocational schools' annually; growth is seen in enrollment and program expansion. CAGR)
- Growth in enrollments reflects increasing demand.
- Expansion into new geographical markets.
- Introduction of new specialized programs.
Total Addressable Market
Over 50 billion