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Universities in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Universities Market Research Report | SIC P85.421 | Mar 2016

Balancing the books: Robust demand is expected to support growth, despite government funding cuts

IBISWorld’s Universities market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£32bn
Annual Growth 11-16
1.5%
Annual Growth 16-21
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Profit
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Employment
408,937
Businesses
163
Industry Analysis & Industry Trends

Universities provide teaching and facilities that lead to qualifications such as bachelor's degrees, foundation degrees, master's degrees and higher education diplomas. The Universities industry has undergone a period of substantial change over the past five years. Constraints on the government's budget led to cuts in funding, and universities are now relying increasingly on tuition fees and external research grants for their income as a result. Funding from bodies, such as research councils and charities, comprise the bulk of income for most universities.

Universities have managed to keep their heads above water over the past five years, despite government funding cuts... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry is in the mature phase of its life cycle, though some market segments continue to grow. Over the 10 years through 2020-21, the value that universities add to the wider economy is estimated to rise at a compound annual rate of 1.4%, while GDP expansion is expected at a compound annual rate of 2.1% over the same period. Demand remains healthy for domestic university places. Despite tighter student visa regulation, the international market for higher education remains buoyant. The prestige enjoyed by UK universities will support demand for study from international students for some time. However, less stringent regulation regarding international students in the US and Australia provides incentives for foreign prospective students to avoid UK institutions. Bri.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Universities Industry?

Operators in the industry provide full and part-time teaching and training that leads to both undergraduate and postgraduate qualifications.

Industry Products
First degreesPGCEs and ProfGCEsFoundation degreesHND and DipHEOther undergraduate qualificationsTaught master's degreesDoctorate and research master's degreesOther postgraduate qualifications
 
Industry Activities
Teaching first degreesTeaching taught and research master's degreesTeaching postgraduate certificates in education Teaching foundation degreesTeaching other undergraduate and postgraduate qualifications


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