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LIFE COACHING & MENTORING
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LIFE COACHING & MENTORING industry
Let’s speak the numbers
The estimated market size of the Coaching Industry is $15 billion in 2019 with a total of $7.5 billion worth market value in the US alone.
It is expected the market value to reach $20 billion by 2022 with a 6.7% average yearly growth rate from 2019 to 2022.
Moreover, according to PwC, the Coaching Industry was the second fastest growing sector in the world.
The demand for life coaches is still trending upwards and the industry is expected to keep growing at about a 5.4% growth rate.
Source: Xmons
ESOTERIC industry
Psychic Services in the US industry trends (2016-2021)
Over the five years to 2021, revenue for the industry is anticipated to rise at an annualized rate of 0.5% to total $2.2 billion, including a projected 2.6% growth in 2021 alone.
In 2019, consumers spent nearly $40 million on the top 10 U.S. psychic and astrology apps, compared to $24 million the previous year.
The bookshop had more than $1 million in revenue in 2018.
Source: New York Time
