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Coaching is a huge industry worth over $15 billion. This vast ecosystem comprises tens of thousands of businesses and individuals that support clients achieve their goals.
These goals can be as broad as improving their company’s profit to something as specific as increasing their self-esteem. No matter the industry or problem, coaching can offer a solution.
If you want to know more about the coaching industry in 2024, keep reading to learn 53 essential coaching statistics.
The stats cover the coaching economy, the effects of COVID-19 on the industry, the average earnings of coaches, and client demographics.
So without further ado, let’s dive into it.
The coaching market comprises hundreds of thousands of service providers who bill customers based on the scope of work and the pricing of the coaching niche itself.
Clients, instead, are composed of individuals and companies looking for help in achieving a goal. Some examples include improving relationship communication, changing careers, and improving employee productivity.
To help you understand this sector’s enormous ecosystem and market growth, we’ve compiled a comprehensive list of stats.
Year | Number of Certified Coaches |
---|---|
2012 | 47,500 |
2015 | 53,500 |
2019 | 71,000 |
Region | Share of Global Coaching Revenue |
---|---|
North America | 45.5% |
Western Europe | 32.2% |
Latin America and the Caribbean | 6.7% |
Oceania | 4.9% |
Asia | 4.4% |
Eastern Europe | 3.6% |
The Middle East and Africa | 2.8% |
While other industries boomed during the pandemic, the coaching industry suffered greatly. As a result, many individual practitioners and businesses reported reduced earnings and significant changes to how they operated.
Here are some essential coaching industry statistics about the impact of COVID-19.
The ROI of coaching is best measured by client feedback reports and surveys, which include both qualitative and quantitative results. There are various coaching business models and industries, so the results vary significantly for each vertical.
Here’s a curated list of general coaching ROI stats:
ROI | Proportion of Those Surveyed |
---|---|
<1 Times | 14% |
1-10 Times | 39% |
10-49 Times | 28% |
>50 Times | 19% |
Coaching is a highly-skilled industry that generates its professionals’ significant earnings.
Although a coach’s income depends on many factors—including the type of services offered and the number of clients serviced—the most crucial factor is their years of experience.
To better understand coaches’ earnings, let’s look at the stats below.
Many studies have looked into the profile of the individuals and companies that receive coaching. This section has statistics about the same.
Age Range | Proportion of Clients |
---|---|
<35 Years Old | 25% |
35-44 Years Old | 37% |
45-54 Years Old | 30% |
54+ | 8% |
Business coaching is a generic term that encompasses several verticals, including leadership coaching, executive coaching, business/organization coaching, and small business coaching.
Here is a selection of interesting business coaching stats.
Life coaching is part of an expanding coaching vertical that helps clients progress in personal areas of their life. Commonly, the help areas can include work-life balance, relationships, and communication skills.
Here are some essential life coaching statistics to help you better understand the industry.
In this section, we’ll cover some miscellaneous coaching stats that we’ve found.
Coaching is a multi-billion dollar industry and is here to stay.
Whether you’re a coach or just interested in the coaching industry, you should closely observe this ecosystem to take advantage of the opportunities offered.
We hope you enjoyed reading our top coaching statistics for 2022.
If you think we missed something or would like to discuss a point more, drop a comment below.
As of 2019, the coaching industry was worth $15 billion annually. As a proportion of annual revenue, the United States contributed 45.5%.
Over the past decade, the industry has grown by a CAGR of 6.7%. It is expected to become a $20 billion industry in 2022.
Business coaching is the most in-demand coaching vertical. The US market alone is worth $14.2 billion annually and is expected to grow further by 2.6%. One of the most popular types of business coaching is executive coaching.
Businesses that use coaching gain a median ROI of seven times. For individuals, the ROI is 3.4 times. The ROI can vary significantly for each client, with some clients reporting an ROI as high as 50 times.
Statistics suggest that coaching is effective in helping clients reach their goals. In a survey by the International Coaching Federation, 99% of clients reported being satisfied or extremely satisfied with the service received, while 96% said they’d repeat the process.
In the United States alone, the life coaching industry is set to generate $1.4 billion in 2022, giving it an annual growth rate of 3.2% over the past five years. Of course, the number is much larger when considering other geographic areas.
20 to 30-year-olds are life coaches’ most likely age demographics, representing 32% of the industry. And those aged between 30 and 40 represent 29%, and over-forties represent 31% of all life coaches.
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