Market Overview:
Study Abroad Agency is engaged in providing career counselling to aspiring students by understanding their unique requirements. These professionals assist international students in course identification based on their interests, aptitude, and financial ability. The agency provides admission guidance, visa assistance, accommodation supervision, and assured safety during application process. Growing educational needs and ease of getting into universities in foreign countries propels the spending on professional agencies that guides interested students for studying abroad.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Aoji (China), New Oriental Vision (China), Eic Education JLL (China), KC Oversea Education (India), Education Dynamics LLC (United States), Santamonica Study Abroad Pvt. Ltd. (India), IEC Abroad (UK), Uni Agents (Australia), Bossa (China) and Edwise International (India) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Study Abroad Agency Market Study:
Aoji (China), New Oriental Vision (China), Eic Education JLL (China), KC Oversea Education (India), Education Dynamics LLC (United States), Santamonica Study Abroad Pvt. Ltd. (India), IEC Abroad (UK), Uni Agents (Australia), Bossa (China) and Edwise International (India)
Study Abroad Agency Market Segment Analysis
Scope | Sub-Segments |
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Type | High School,University,Post-Graduation,PhD |
Services Offered | Admission Guidance,Visa Assistance,Overseas Work Permit,Accommodation Services,Course Selection,Language Courses,Others |
Influencing Trend:
Global Student International Mobility for Quality Education Programs
Market Growth Drivers:
Increasing Spending Capacity on Education by the Population and Changing Student Expectations and Emerging Technologies
Challenges:
Increased Competitiveness among Countries to Attract International Students and Rising Popularity of Free or Open-Sourced Education Material
Restraints:
Fluctuations in the Economic Stability
Opportunities:
Inclination of Students towards Learning Artificial Intelligence and Machine Learning Courses from Foreign Universities
. The Global Study Abroad Agency market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In 2021, EIC Education formed a partnership with UNSW to set up the offline learning center of UNSW Foundation programs in China. UNSW is one of the top 50 universities in Australia. In addition, EIC Education also facilitates the alliance and cooperation of China with overseas universities to establish numerous joint programs in China.
In September 2022, IDP Education proclaimed to acquire Intake Education to expand its portfolio covering numerous destinations including Nigeria, Ghana, Kenya, Philippines, Taiwan, the UK, and India. Intake Education is an international student support agency that enrolls students in partner universities overseas.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Study Abroad Agency market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Study Abroad Agency market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Students, Potential Investors, Educational Research and Development Institutes and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.