The coaching industry is firmly established and growing fast. At the end of 2006, the International Coach Federation (ICF) conducted a global survey with respondents from 73 countries that estimated the following:
There are at least 30,000 coaches operating worldwide
Two-thirds of the respondents to the ICF survey were female
The vast majority (86%) of coaches have been coaching 10 years or less
Coaches spend 63 million GBP per year on professional development
95% of coaches have received coach-specific training
39% of respondents coach full time
The largest cluster of coaches (nearly 39%) were between 46 and 55 years of age
The majority (56%) of coaching clients are female
The majority of coaching clients are between 38 and 45 years old
The average revenue generated by a full time coach is:
Globally: 41,548 (GBP)
Europe: 46,960 (GBP)
United Kingdom: 56,277 (GBP)
The survey, by Pricewaterhouse Coopers, also estimated that the revenue generated by coaching globally is 754 million (GBP). For further details of the survey and its results, check ICF’s website: www.coachfederation.org/ICF