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The United States education and training market is a massive and complex industry, encompassing a wide range of institutions, providers, and services. In 2023, the market is estimated to be worth over $1.5 trillion, and it is expected to grow at a CAGR of over 4% over the next five years. This growth is being driven by a number of factors, including the increasing demand for higher education, the rising cost of education, and the growing popularity of online learning.
The United States government is a major purchaser of education and training products and services. In 2022, the government spent over $200 billion on education and training, making it the largest purchaser in the market.
Main Education and Training Products and Services Procured by United States Government
The main education and training products and services procured by the United States government include:
K-12 education: The government provides funding for public schools, as well as for a variety of educational programs and services for students with disabilities and students from low-income families.
Higher education: The government provides grants and loans to students attending college and university, as well as funding for research and development at universities.
Workforce training: The government provides funding for a variety of workforce training programs, designed to help workers develop the skills they need for in-demand jobs.
The top authorities for United States education and training procurement include:
Department of Education: The Department of Education is the primary agency responsible for education and training policy in the United States. The department administers a variety of programs that provide funding for education and training, including the Pell Grant program and the Head Start program.
Department of Defense: The Department of Defense is a major purchaser of education and training products and services for its military personnel. The department procures a wide range of training, including technical training, leadership training, and language training.
Department of Veterans Affairs: The Department of Veterans Affairs provides a variety of education and training benefits to veterans, including vocational rehabilitation and education assistance.
The top winners of United States education and training procurement include:
Pearson: Pearson is a global education company that provides a wide range of educational materials and services, including textbooks, software, and assessment tools.
McGraw-Hill Education: McGraw-Hill Education is another major provider of educational materials and services. The company offers a variety of products and services, including textbooks, software, and online learning platforms.
booz allen hamilton: Booz Allen Hamilton is a consulting firm that provides a variety of services to the United States government, including education and training consulting.
KPMG: KPMG is another major consulting firm that provides a variety of services to the United States government, including education and training consulting.
Deloitte: Deloitte is a global consulting firm that provides a variety of services to the United States government, including education and training consulting.
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