The global US education market was valued at 1.1 trillion USD in 2020 and is expected to grow to 2.3 trillion USD by the end of 2028, with a CAGR of roughly 4.5% between 2021 and 2028.
The study investigates and examines the global and regional education marketplaces in the United States. The research looks at market rivalry, limitations, revenue estimates, opportunities, altering trends, and industry-validated data. Revenue predictions from 2021 to 2028 are included in the analysis, as well as historical data from 2018 to 2020. (In American currency, trillions of dollars).
U.S. Education Market: Outlook
Education is a learning process that aims to significantly increase a person’s capacity. Elementary school education is free in the United States, with each state adhering to comprehensive education guidelines. Private schools, on the other hand, are free to develop their own policies and procedures. Regional, state, and federal governments all contribute to education.
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Education is also referred to as a learning mode that is given in a blended, online, and offline manner using various means such as the internet, video conferencing, and social media programs such as Google Meet & Zoom, according to reports. It is a tool for learning, reducing gender inequities, and increasing public awareness.
U.S. Education Market: Outlook
Education is a process of learning that aims to considerably improve a person’s capacity. In the United States, elementary school education is free, with each state adopting comprehensive education criteria. Private schools, on the other hand, are free to develop their own policies and procedures. Additionally, education is supported by the regional, state, and federal governments.
According to reports, education is also referred to as a learning mode that is delivered in a blended, online, and offline manner using various means such as the internet, video conferencing, and social media applications such as Google Meet & Zoom. It is a tool for gaining knowledge, decreasing gender disparities, and raising public awareness.
U.S. Education Market: Growth Dynamics
The projected period will see the US education market expand due to an increase in the number of children in nations such as the US who require basic education. Furthermore, as a result of the COVID-19 epidemic, the increased acceptance of online education over traditional methods is predicted to significantly drive the growth of the US Education Industry in the coming years. Aside from that, the growing popularity of online books and e-books in the United States is predicted to promote growth in the U.S. education industry over the projection period.
Competitive Landscape
Key players influencing the growth of the market and profiled in the report are Wall Family Enterprise, Cisco Systems, Inc., Educomp Solutions Ltd., Desire2Learn, Blackboard Inc., Pearson Plc., AWE Acquisition, Inc., SumTotal Systems Inc., Tata Interactive Systems, Smart Technologies, ABCmouse.com, Saba Software Inc., Promethean, Inc., McGraw-Hill Education, NIIT Limited, Adobe Systems Inc., and Ellucian Company.
The U.S. Education Market is segmented as follows:
By Type
Cloud
On-Premise
By Content
Audio-Based Content
Video-Based Content
Text Content
By Smart Learning Mode
Collaborative Learning
Virtual Instructor-Led Training
Simulation-Based Learning
Adaptive Learning
Social Learning
Blended Learning
Webinars
By Component
Hardware
Software
Service
By End User
Higher Education Institutes
K-12
Pre-K
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