Resource
Design and construction spending in the education market sector totaled $107 billion in 2020, according to the U.S. Bureau of the Census, making it the second largest market for engineering firms after transportation. It is for this reason that K-12 & Higher Education is the newest market focus in ACEC’s award-winning Private Industry Briefs series. Much of the funding for this market is public, but in the spirit of the briefs covering “vertical” markets, it is one we could not ignore. The K-12 & Higher Education client-base has had significant challenges due to COVID-19, however this market remains key due to its large size, and critical role in educating the next generation.
Within this private industry brief:
- Market Scope
- Top Clients
- 5 Market Trends
- How is Education Funded?
- Business Development Insight
- Fastest Growing States by Population and Largest K-12 School Districts by Enrollment