Career Counseling Market (2021-2030)
Career Counseling Market – Global Market Overview
The Global Career Counseling Market size was valued at $2.12 billion in 2020 and is projected to reach $4.65 billion by 2030, registering a CAGR of 8.17% from 2021 to 2030.
The global career counseling market has grown significantly in recent years and is expected to continue to grow throughout the forecasted period. The growth is anticipated due to high competition, peer pressure, and the need for assistance in making appropriate career choices.
Asia-Pacific leads the global career counseling market with nearly 37% market share in 2021, followed by North America (24%) and Europe (18%).
Career Counseling Market – Share by Region (2021)
Global Career Counseling Market – 2020-2030 ($Billion)
Career Counseling Market – USA Market
US Career Counseling Market was estimated at $0.32 billion in 2021 and is expected to reach $0.53 billion by the end of 2030.
The presence of a high number of job seekers and students in the US is increasing the potential drive toward career counseling services.
The easy accessibility to guidance and the rising cost of higher education are also driving the growth of the US career counseling market.
Career Counseling Market – Europe Market
Europe’s Career Counselling Market was estimated at $0.40 billion in 2021 and is expected to reach $0.73 billion by the end of 2030.
The drive toward higher education and reducing the number of dropouts at various stages of the education system is leading to the growth of the market.
Furthermore, the Europe career counseling market is assisting in improving the balance between supply and demand in the Europe labor market.
Career Counseling Market – APAC Market
APAC Career Counselling Market was estimated at $0.84 billion in 2021 and is expected to reach $1.58 billion by the end of 2030.
Governments appear to have taken the lead in building and sponsoring career and employment centers, as well as developing license or credential systems for career counseling specialists.
Market Trends
➟ Use of Technology for Career Coaching
➟ Surging interests of Graduates towards Foreign Education
➟ Growing number of Career Counsellors
➟ Government Initiatives
Drivers
➟ Growing need for assistance in Education and Career decisions
➟ Intense Competition and Peer Pressure on Students
➟ Demand for upgrading Corporate Skills
Challenges
➟ High Cost
Data Sources: Advance Market Analytics, Mindler, India Today, Global Career Counsellor, and others
Get in-depth Market Research for any industry to understand the Market Size, Competitors, Trends, Drivers and Challenges, Future forecasts, SWOT analysis, TAM, SAM or SOM, and much other information in detail. Get in touch with us today.
Must Read