E-Learning Market in US to Record a CAGR of 17%, Advent of Advanced Technologies to be a Key Trend – Technavio – PR Newswire
NEW YORK , Sept. 22, 2022 /PRNewswire/ — One of the key trends in the e-learning market in the US is the advent of advanced technologies. The US is an early adopter associated with advanced technologies such as AR, VR, and virtual assistants, which have been incorporated into e-learning products. The implementation of such technologies in education has led to the evolution of the particular e-learning landscape in the country. AR and VR systems and headsets offer learners new ways to engage by simulating a virtual environment plus roleplay, which provide a customized and hands-on learning experience. The technological maturity of the country plus the development of learner demand have got created the need for convenience and innovations in the e-learning value chain. Learners can learn efficiently and effectively using advanced systems such as AR plus VR.
The e-learning market in america is expected to grow by USD 36. 54 billion from 2020 in order to 2025. In addition, the particular growth momentum of the market will accelerate at a CAGR of 17% during the particular forecast period. Moreover, the year-over-year growth momentum associated with the marketplace in 2022 will be 15. 95%.
Technavio offers an up-to-date analysis of the current global market scenario and the particular overall market environment of the e-learning market in the US. Download our FREE PDF Sample Report
E-Learning Market in america: Challenge
The competition from MOOCs will challenge the e-learning market in the US during the forecast time period. Inside the US, several MOOCs are available in the particular market. MOOCs offer an open environment and provide free access. They are also cost-effective when compared to e-learning. The advantages of MOOCs, like free access, community support, and a wide array of content, will attract several students. The scope of MOOCs is expanding owing to their semi-synchronicity, engaging course design, the incorporation associated with analytics, plus free entry to verified certificates and diplomas through major educational institutions and businesses. In terms of functionality and student engagement, modern MOOCs are comparable in order to e-learning. Hence, the particular increasing demand for MOOCs will hamper the development from the e-learning market in the US ALL during the forecast period.
Technavio offers identified key trends, drivers, and challenges within the e-learning market in the US, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Statement
E-Learning Market inside the ALL OF US: Vendor Landscape
The particular e-learning marketplace in US is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Vendors are included in this report based on their service plus product offerings. They are usually identified dependent on their own revenues, marketplace dominance, geographical presence, product portfolio, and financials.
E-Learning Market In US: Segmentation Analysis
This statement segments the e-learning market in the US by product (content, technology, plus services) and end-user (higher education, corporate, and K-12).
Based on end-user, the content segment will be the largest contributor in order to market development during the particular forecast period. This growth is attributed to factors such as the increasing need for high-quality e-learning content to improve brand worth and gain a competitive advantage. There is a perpetual push toward the digitalization of schooling by the government of the ALL OF US, which has increased the need for high-quality content. Hence, vendors are providing customized learning materials based on the program and curriculum requirements associated with institutions.
Learn about the contribution of each section of the particular e-learning market place in america, which is summarized in concise infographics plus thorough descriptions. Download a FREE PDF sample report
Self-paced E-learning Marketplace by Product and Geography – Forecast and Evaluation 2022-2026: The self-paced E-learning market share is likely to increase by USD 7. 20 billion from 2021 to 2026.
E-learning Courses Market simply by End-user and Geography : Forecast plus Analysis 2022-2026: The e-learning courses business is anticipated to increase by USD 109. 05 billion from 2021 to 2026.
E-Learning Market Scope inside US
Growth energy & CAGR
Accelerate at a CAGR associated with 17%
Marketplace growth 2021-2025
USD 36. 54 billion dollars
YoY growth (%)
Leading companies, Competitive techniques, Consumer engagement scope
Key companies profiled
Cengage Learning Holdings II Inc., Coursera Inc., Docebo Inc., edX Inc., Houghton Mifflin Harcourt Co., Instructure Inc., John Wiley & Sons Inc., McGraw-Hill Education Inc., Pearson Plc, and Udemy Incorporation.
Parent marketplace analysis, market growth inducers and obstacles, fast-growing plus slow-growing portion analysis, COVID-19 impact and recovery analysis and future consumer mechanics, and marketplace condition evaluation for the forecast time period.
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Table of Contents
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Marketplace size 2019
- Market outlook: Forecast with regard to 2019 – 2024
- COVID-19 pandemic impact on the PEOPLE market
Five Forces Analysis
- Five forces summary
- Bargaining power associated with buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat associated with substitutes
- Danger of rivalry
- Market condition
Market Segmentation by Item
- Market segments
- Comparison simply by Product
- Content – Market size plus forecast 2019-2024
- Technology — Market size and forecast 2019-2024
- Services – Marketplace size and forecast 2019-2024
- Market opportunity by Item
Market Segmentation by End-user
- Market sections
- Comparison by End-user
- Higher education : Market dimension and prediction 2019-2024
- Corporate – Market size plus forecast 2019-2024
- K-12 – Market size and forecast 2019-2024
- COVID-19 pandemic effect on end-user section
- Market chance by End-user
- Marketplace drivers
- Market challenges
- Marketplace trends
- Vendor scenery
- Landscape disruption
- Vendors covered
- Market positioning of suppliers
- Adobe Inc.
- Cengage Studying Holdings II Inc.
- D2L Corp.
- Houghton Mifflin Harcourt Co.
- Instructure Inc.
- Steve Wiley & Sons Incorporation.
- McGraw-Hill Schooling Inc.
- Pearson Plc
- Providence Equity Partners LLC
- RELX Plc
- Scope from the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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