Part
01
of one
Part
01
What is the US market size for business coaching?
Hello! Thanks for your question concerning the US market size for business coaching. I also understand that you would like to learn about the market size of this industry for France or the world if available. The short version is that the global total revenue for business coaching in 2015 was USD $2.356 billion. North America accounted for USD $955 million and 40.6% of the global share. Western Europe accounted for USD $898 million and 38.1% of the global share. Below you will find a deep dive of my findings.
MARKET SIZE FOR BUSINESS COACHING IN NORTH AMERICA, WESTERN EUROPE, AND THE WORLD
According to a study commissioned by the International Coach Federation (ICF) and conducted by Pricewaterhouse Coopers, the total global revenue for business coaching in 2015 was USD $2.356 billion. This is a 19% increase from the 2011 total. North America accounted for USD $955 million and 40.6% of the global share. Western Europe accounted for USD $898 million and 38.1% of the global share. These numbers were derived by combining geographical estimates of active coaches and the average annual revenues of these professionals. The survey used 15,380 valid responses from 137 countries. The respondents included external and internal coach practitioners, managers and leaders that use coaching skills, human resource personnel and directors that use coaching skills.
According to the website Market Place, in 2014 the market research firm IBIS World reported that the industry of coaching was worth $1 billion in the U.S. alone, which is close to the number given by the ICF report. The IBIS report states that coaches assist people with business matters. The annual growth of the industry is 4.7%. In this field, there are 13,481 companies and 18,359 employees.
CONCLUSION
To wrap it up, the global total revenue for business coaching in 2015 was USD $2.356 billion. North America accounted for USD $955 million and 40.6% of the global share. Western Europe accounted for USD $898 million and 38.1% of the global share. Thanks for using Wonder! Please let us know if we can help with anything else!