What is Community College?
Community Colleges are a type of educational institutions providing 2 years schooling. This Colleges are popular for providing comparatively lower prices for higher education as compared to private colleges. Students can further avail their entrance into 4 year colleges or universities through Community Colleges. This Colleges offer primarily, associate degree courses of 2 years, vocational or technical certifications, high school diploma, etc. The Cost benefit is the major factor driving the growth of the community colleges. Geographically, North America is the major market of community colleges, which is expected to remain so in the coming years.
The market study is broken down by Type (Government Funds, Tuition and Fees and Grants and Contracts) and major geographies with country level break-up.
The Educational Sector is widely experience high government investments and increasing demand from students. Thus one of the prominence institutions in this quest of students to avail higher education are community colleges. The market of community colleges is moderately fragmented one. But more than quantity, students look for quality of education offered. Geographically, North America is the dominant most market in this industry.
Seattle Central College (United States), University of South Carolina (United States), Western Iowa Tech Community College (United States), Lake Area Technical College (United States), Ohio State University Agricultural Technical Institute (United States), State Technical College of Missouri (United States), Arkansas State University (United States), Northwest Iowa Community College (United States), Northern Wyoming Community College District (United States) and Orange Coast College (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Assiniboine Community College (Canada), Southern Alberta Technology Center (Canada) and Nova Scotia Community College (Canada).
AdvanceMarketAnalytics has segmented the market of Global Community College market by Type, Application and Region.
On the basis of geography, the market of Community College has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Revenue Steams , the sub-segment i.e. Tuition and Academic Fees will boost the Community College market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Degree Type, the sub-segment i.e. Associate of Arts degree will boost the Community College market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2020, Madera Community College, which is the newly built community college in California was opened. Earlier the institution operated as satellite campus of Reedley College. But with the announcement of it acting as a new independent college, it is prone to additional funding which will lead to better educational infrastructure for students. The college aims to provide neutral and enhanced student as well as community centric services.
- Technical and Vocational Certification Programs are in High Demand
- Large Number of Foreign Students
- Increase in Government Investment in Education Sector
- Lower College Fees than other Private Colleges or Universities
- Asia Pacific has Huge Potential for the Growth of Community Colleges
- Large Interest Rates on Student Loans
- Free or Cheaper Online Certification Courses and Degrees
- Recession and Unemployment has Pushed Students to Drop Out
Key Target AudienceCommunity College Service Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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