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2025 U.S. Industry Statistics & Market Forecast - Apprenticeship Training
Market Size & Industry Statistics
The total U.S. industry market size for Apprenticeship Training:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Apprenticeship Training industry include:- Increased government funding and incentives
- Growing emphasis on upskilling and reskilling employees
- Expansion into non-traditional sectors beyond trades, like tech and healthcare
- Higher demand due to skill shortages in various industries
- Integration of digital platforms for training delivery
- Collaboration between educational institutions and businesses
- Rise of remote and hybrid apprenticeship models
- Shift towards competency-based training approaches
- Impact of globalization on skill requirements and training standards
- Growing importance of soft skills alongside technical skills
- Adoption of AI and VR technologies for practical training simulations
- Increasing customization and personalization of training programs
- Rising awareness and initiatives for diversity and inclusion in apprenticeship programs
- Emphasis on lifelong learning and continuous professional development
- Regulatory changes affecting apprenticeship structures and funding
Product & Services Breakdown
Research products and services in the Apprenticeship Training industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Occupational, Technical, And Trade; Professional Development; And Management Training Programs And Courses |
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Training Programs - Education (Include Training In Instructional Techniques And Professional Development For Educators.) |
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Training Programs - Other Occupational, Technical And Trade; Professional Development; And Management Training Programs And Cour |
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Contributions, Gifts, And Grants - Government |
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Contributions, Gifts, And Grants - Private |
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Investment Income, Including Interest And Dividends |
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Program Service Revenue Including Government Fees And Contracts |
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All Other Revenue |
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U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Apprenticeship Training company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Apprenticeship Training industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Apprenticeship Training measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 10% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 3% | |||
| Other Management Occupations | 6% | |||
| Education and Childcare Administrators | 5% | |||
| Business and Financial Operations Occupations | 10% | |||
| Business Operations Specialists | 8% | |||
| Educational Instruction and Library Occupations | 46% | |||
| Postsecondary Teachers | 37% | |||
| Miscellaneous Postsecondary Teachers | 31% | |||
| Career/Technical Education Teachers, Postsecondary | 29% | |||
| Office and Administrative Support Occupations | 14% | |||
Apprenticeship Training Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Apprenticeship Training industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Apprenticeship Training industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Apprenticeship Training industry. |
Source:
Latest Industry News
- Ripley accountant to host accountancy apprenticeship drop in - Ripley based Accountant, Ascentant Accountancy, are hosting a Drop In event with EMA Training on Wednesday 23rd July to give an insight into Apprenticeships and working within an Accountancy practice. (07/09/2025)
- Fairbanks Foundation awards $13M to create new statewide apprenticeship program - The first students in the Career Apprenticeship Pathway, or INCAP, will start in fall 2026 and split time between school and the workplace. (07/09/2025)
- Construction company fined £40k after apprentice severs thumb - Authorities have fined a construction company £40,000 after an apprentice joiner severed his thumb while using a portable table saw during a luxury hotel renovation in the Scottish Highlands. (07/09/2025)
- Study: Apprenticeships growing in Kansas - A new state study shows registered apprenticeships are giving Kansans access to high-wage careers, without the need for a college degree. (07/09/2025)
- Husky Roster Review: Davit Boyajyan Is Apprentice in Training - Davit Boyajyan wasn't heavily recruited, wasn't recruited by the University of Washington football coach he answers to now and wasn't brought in to play center. (07/08/2025)
- Odisha to Launch Apprenticeship Embedded Degree Programs 30 Varsities, Colleges in 2025-26 - The Higher Education Department of Odisha, in collaboration with the Board of Practical Training, is set to introduce Apprenticeship Embedded (07/08/2025)
- Level 7 apprenticeship funding cuts will cost around £214m in increased training costs - New research reveals government cuts to Level 7 apprenticeship funding for over-21s will cost UK employers £214M and widen the national skills gap. (07/08/2025)
- Apprenticeships for high schoolers are touted as the next big thing. One state leads the way - High school apprenticeships are slowly spreading, as young people become more disillusioned with four-year college and well-paying jobs that don’t require bachelor’s degrees go begging. (07/08/2025)
- SELECT welcomes new agreement between SJIB and NET on commitment to apprentice training - Scotland’s largest construction trade association, SELECT, has welcomed a new agreement which strengthens the ongoing relationship for electrical apprentice training in Scotland. The Scottish Joint In (07/08/2025)
- Trump wants more apprenticeships. Indiana is going all in. - As Americans express disillusionment with college, efforts to expand youth apprenticeships in Elkhart County, Indiana, illustrate the obstacles and benefits. (07/06/2025)
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