2024 Computer & IT Training & Certification Industry Research Report

Computer & IT Training & Certification - Market Size and Industry Forecast

The 2024 Computer and IT Training and Certification Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the computer & it training & certification industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Computer & IT Training & Certification - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Computer & IT Training & Certification companies in the United States.

Computer & IT Training & Certification Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesComputer & IT Training & Certification
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Computer & IT Training & Certification - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Computer & IT Training & Certification - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Computer & IT Training & Certification - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total

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Occupational, tech, & trade; prof dev; & mngmt training prog
Training prog/courses - math, computer, & information sciences
Training prog/courses - prof dev & mngmt training prog/courses
Other occupational, tech, & trade; prof dev; & mngmt training prog
Training programs & courses - education
Training prog/courses - business, management, & public admin
All other operating receipts
All other revenue
Resale of merchandise

Computer & IT Training & Certification - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations11%

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Top Executives5%
Chief Executives1%
General and Operations Managers5%
Business and Financial Operations Occupations22%
Business Operations Specialists20%
Training and Development Specialists11%
Training and Development Specialists11%
Computer and Mathematical Occupations8%
Computer Occupations8%
Education, Training, and Library Occupations22%
Postsecondary Teachers10%
Miscellaneous Postsecondary Teachers6%
Vocational Education Teachers, Postsecondary6%
Other Teachers and Instructors7%
Sales and Related Occupations7%
Sales Representatives, Services6%
Miscellaneous Sales Representatives, Services6%
Sales Representatives, Services, All Other6%
Office and Administrative Support Occupations20%
Secretaries and Administrative Assistants5%
Secretaries and Administrative Assistants5%
Other Office and Administrative Support Workers6%

Government Contracts

In the past, the federal government spent an annual total of $131,011,027 on the computer & it training & certification industry. It has awarded 2,763 contracts to 348 companies, with an average value of $376,468 per company.

Computer & IT Training & Certification and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Computer & IT Training & Certification Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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