The Business Research Company’s report on the Executive Education Program Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the executive education program market further?
Increasing demand for skilled workers is expected to propel the growth of the executive education program market going forward. Skilled workers are individuals who have specialized training, education, or experience in a particular field or trade, allowing them to perform tasks that require specific skills, knowledge, or expertise. The demand for skilled workers is rising due to several reasons, including shift toward knowledge-based economies, education and training mismatch, globalization, and industry-specific skill gaps. Executive education programs enhance the demand for skilled workers by equipping professionals with advanced, industry-relevant skills and leadership capabilities. For instance, in October 2023, according to Eurostat, a Luxembourg-based government agency, approximately 80 million highly skilled people were employed across the EU in 2022, making up 44.2% of the total workforce aged 25–64. Therefore, the increasing demand for skilled workers is driving the growth of the executive education program market.
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What are the key factors influencing the forecasted market size of the executive education program industry?
The executive education program market size has grown rapidly in recent years. It will grow from $44.87 billion in 2024 to $49.77 billion in 2025 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to the rise of multinational corporations, digital transformation, continuous professional development, the rise of the start-up ecosystem, and the demand for ethical leaders.
The executive education program market size is expected to see rapid growth in the next few years. It will grow to $74.48 billion in 2029 at a compound annual growth rate (CAGR) of 10.6%. The growth in the forecast period can be attributed to an increasing focus on diversity, equity and inclusion, economic uncertainty, talent retention, corporate social responsibility, and focus on soft skills development. Major trends in the forecast period include a rise in remote work, hybrid and online learning, a focus on innovation-based learning, tailored learning paths, and technological innovation.
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Who are the leading competitors in the executive education program market?
Major companies operating in the executive education program market are University of Michigan, Georgia State University, Massachusetts Institute of Technology, Yale University, University of Toronto, Northwestern University, Columbia University in the City of New York, Emory University, Harvard Business School, Cornell University, Aalto University, The University of Texas at Austin, Indian School of Business, SKEMA Business School, XLRI – Xavier School of Management, Great Lakes Institute of Management, Baruch College, City University of New York (CUNY), Babson College, Jio Institute, Stanford Graduate School of Business, The University of Chicago Booth School of Business, Kellogg School of Management, NMIMS Deemed-to-be-University, FORE School of Management, UCLA Anderson School of Management
Which emerging trends are set to transform the executive education program market landscape?
Major companies operating in the executive education program are adopting a strategic collaboration approach to meet the increasing demand for advanced financial planning education. Strategic collaboration refers to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For instance, in March 2024, the Indian Institute of Management Bangalore, an India-based business school, collaborated with Financial Planning Standards Board Ltd., an India-based financial planning body, to launch the Executive Program in Financial Planning for working professionals and students. This collaboration aims to create innovations to enhance financial planning education and provide valuable credentials for both working professionals and students. By leveraging the strengths of both institutions, the program aims to bring innovative approaches and high standards to the field of financial planning.
How do different geographies compare in terms of market share and growth potential in the executive education program market?
North America was the largest region in the executive education program market in 2024. The regions covered in the executive education program market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Which major segments of the executive education program market are experiencing the fastest growth?
The executive education program market covered in this report is segmented –
1) By Program Type: Customized Programs; Pre-Designed Programs
2) By Type Of Courses: Management And Leadership; Finance And Accounting; Strategic Leadership And Innovation; Marketing And Sales; Business Operations And Entrepreneurship; Other Type Of Courses
3) By Mode Of Learning: In-Person Learning; Online Learning
4) By Leadership Level: Business-Owners; Junior Or Entry-Level Employees; Managers; Mid-Level Employees; Senior Executives
5) By Industry Type: Consumer Products And Retail; Energy And Transportation; Financial Services; Healthcare And Pharmaceuticals; Manufacturing And Industrials; Professional Services; Technology And Communications; Other Industry Types
Subsegments:
1) By Customized Programs: Industry-Specific Executive Education Programs; Leadership Development Programs; Strategy and Innovation Programs; Corporate Governance and Risk Management Programs; Executive Coaching and Mentorship Programs; Change Management and Organizational Transformation Programs; Digital Transformation and Technology Leadership Programs; Cross-Cultural and Global Leadership Programs
2) By Pre-Designed Programs: General Management Programs; Finance and Accounting For Executives Programs; Marketing and Sales Leadership Programs; HR and Talent Management Programs; Supply Chain and Operations Management Programs; Entrepreneurship and Business Growth Programs; Executive MBA Programs; Sustainable Business and Corporate Social Responsibility Programs
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How is the executive education program market defined?
An executive education program refers to specialized learning courses designed for professionals, typically in leadership roles, to enhance their management, decision-making, and strategic skills. These programs are often offered by business schools or universities. They focus on advanced topics such as leadership, innovation, and corporate strategy.
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