NEW YORK – The E-Learning Market in the US is expected to grow by USD 36.54 billion, at a CAGR of 17% during the forecast period. The evolved learning and education landscape is notably driving the e-learning market growth in US.
This e-learning market in US research report extensively covers e-learning market segmentation in the US by
- Product- Content, technology, and services
- End-user- Higher education, corporate, and K-12
Key Market Driver
The development of the learning and education landscape is one of the major elements boosting the US e-learning market’s growth. Due to the introduction of remote learning programs and e-learning courses, which are less expensive than university courses, access to education has increased throughout the nation. The functionality and adaptability of online courses will cause the US learning environment to change.
The demand for cutting-edge programs like blended learning and e-learning based on augmented reality (AR) is rising across the nation. As a result, the US e-learning market is driven by the country’s evolving learning and educational landscape.
- Cengage Learning Holdings II Inc.: The company offers digital solutions for higher education through Cengage mindtap engineering, Cengage mindtap business and economics, Webassign, and others.
- Coursera Inc.: The company offers e-learning courses for Campus Student plan helps you build skills to add to your resume with unlimited Guided Projects.
- Docebo Inc.: The company offers E-learning that helps in the development of leadership and development skills through its customer experience hub.
- edX Inc.: The company offers a wide range of E-learning courses such as bitcoin and cryptocurrency, Linux, programming, business communication, and others.
- Houghton Mifflin Harcourt Co.: The company offers a wide range of E-learning courses in Math, science, social studies, state solutions, special education, and others.
During the forecast period, the content category will significantly increase its market share in the US. The growing demand for high-quality e-learning content to boost brand value and achieve a competitive advantage is what is causing the content segment to rise. Demand for high-quality information is rising as a result of the US government’s ongoing push to digitize education. In accordance with the course and curriculum needs of the institutions, vendors also offer specially made learning materials.
- Business English Language Training Market– Based on Technavio’s market sizing methodology, the business English language training market size is predicted to surge to USD 7.20 billion from 2021 to 2026 at a CAGR of 9.76%.
- Education Market in UAE- According to Technavio’s market sizing methodology, the education market share in UAE is expected to increase to USD 718 million by 2026, at a progressing CAGR of 5.03%.
Source: Technavio