The Global Career Counselling Market size was valued at $2.12 billion in 2020 and is projected to reach $4.65 billion by 2030, registering a CAGR of 8.17% from 2021 to 2030 (Innovius Research, 2022).
The global career counseling market has grown significantly in recent years and is expected to continue to grow throughout the forecasted period. The growth is anticipated due to high competition, peer pressure, and the need for assistance in making appropriate career choices (Verified Market Research, 2021).
Due to the COVID-19 pandemic, many adults have lost their jobs, and at a time like this, career counselling and guidance is particularly crucial in supporting potential employees in a changing job market. Many unemployed adults also seek support from career guidance services and applications (Mullock, 2021).
The presence of a high number of job seekers and more well-informed students is causing increasing potential and demand toward career counseling services.
Thanks to digital services and AI, easy accessibility to career advising and the rising cost of higher education are also driving the growth of career counseling market.