Global students attend ICF approved programs and become a life coach, executive coach or leadership coachStarted in 2006, the Global Coaching Study Report is released annually by the International Coach Federation (ICF) to provide statistics on industry growth, challenges coaches face, and a baseline picture of the profession. Since the creation of this report, many aspects of the profession have evolved, including the number of coaches worldwide, global revenue, and possibly even the demographic profile of the coach. While 2008 and 2009 showed a decline for the profession due to the economy, we’ve seen a huge increase within the past couple of years. ICF memberships have grown from 11,000 in 2006 to almost 19,000 as of 2011.

ICF recently released their 2012 Global Coaching Study Final Report. Here are some notable statistics from the report:

  • The survey for this report was released in June 2011 and received 12,133 valid responses worldwide.
  • With an estimated 47,500 professional coaches generating close to $2 billion (USD) in annual revenue/income, the industry is showing definite growth.
  • The Caribbean and parts of Latin America appear to be the fastest growing markets with a 29% increase of key trends (clients, fees, sessions, & revenue) compared to higher income markets, such as Western Europe, which only show a 19% increase.
  • Worldwide, 6 in 10 coaches showed an increase in clients with only 16% reporting a decrease.
  • Key issues for the future include tackling obstacles such as untrained individuals who call themselves coaches, working to increase awareness of coaching benefits, and determining whether coaching should be regulated.

This past year looks fantastic for the coaching community. Coaches are confidently looking towards the future, with expectations of increased client and session demand over the next 12 months. We’re looking forward to seeing what growth and change the upcoming year has in store for us. To download a free summary of the 2012 Global Coaching Study Final Report, click the link and select Executive Summary.

Share on Facebook0Tweet about this on TwitterShare on Google+0Share on LinkedIn0Email this to someone