$22.6bn
$X.Xbn
296k
17,364
$XX.Xbn
Early childhood learning centers were supported through the current period's volatility and saw revenue growth despite headwinds. The COVID-19 pandemic brought mass layoffs and work-from-home policies, giving parents ample time to care for and teach their children and dampening demand for learning centers as childcare options. Still, early childhood education's market acceptance helped learning centers avoid more severe losses as parents still enrolled their children in half-day programs to promote social and academic development. Government backing more than made up for losses through the current period, and revenue has been climbing at a CAGR of 3.6% to an estimated $22.6 billion over the five years through 2024.
Industry revenue has grown at a CAGR of 3.6 % over the past five years, to reach an estimated $22.6bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Bright Horizons Family Solutions Inc. | 933.7 | 25.4 | 2.7 |
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Industry revenue is measured across several distinct product and services lines, including Toddler education programs, Half day Pre-kindergarten programs and Full day Pre-kindergarten programs. Toddler education programs is the largest segment of the Early Childhood Learning Centers in the US.
Toddler education programs cater to a smaller demographic
Establishments in this industry provide public or private education to children typically between zero to five years old. Early childhood learning centers offer a variety of programs, including preschool, nursery school and daycare, to foster cognitive, social and physical development in a safe and nurturing environment.
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NAICS 61111 - Early Childhood Learning Centers in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Pandemic-era layoffs cut demand for the industry. Parents found themselves at home with more time to care for their kids, reducing early childhood learning centers' relevance...
Learn about an industry's products and services, markets and trends in international trade.
Five-year-olds are the top market for the industry. Many parents wait til their children are five before starting preschool, and the high number of four-year-olds that age in...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Centers gravitate to wealthier neighborhoods. Centers prefer to be located in affluent communities that can pay higher tuition. These schools don't benefit from significant g...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Local regulations determine the state of competitive play. Opening an early childhood learning center is much more difficult in states with tighter regulations.
Learn about the performance of the top companies in the industry.
Few early childhood learning centers hold a significant market share. Bright Horizons Family Solutions is a public company with related businesses (nursery schools) and a 6.9...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Unemployment plays a major role in demand for the industry. Busy parents rely on the industry's premium services, and financially secure families are less likely to look to e...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Government support is keeping profit high, though competition in the next period will force some learning centers to close. Industry profit varies by locale, with learning ce...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Early Childhood Learning Centers in the US industry in United States is $22.6bn in 2024.
There are 17,364 businesses in the Early Childhood Learning Centers in the US industry in United States, which has grown at a CAGR of 1.3 % between 2019 and 2024.
The market size of the Early Childhood Learning Centers in the US industry in United States has been growing at a CAGR of 3.6 % between 2019 and 2024.
Over the next five years, the Early Childhood Learning Centers in the US industry in United States is expected to decline.
The biggest company operating in the Early Childhood Learning Centers market in United States is Bright Horizons Family Solutions Inc.
Operating toddler education programs and Operating half-day pre-kindergarten programs are part of the Early Childhood Learning Centers in the US industry.
The company holding the most market share in United States is Bright Horizons Family Solutions Inc..
The level of competition is moderate and steady in the Early Childhood Learning Centers in the US industry in United States.