
The global education market in the United States was valued at 1.1 trillion USD in 2020 and is predicted to increase to 2.3 trillion USD by the end of 2028, with a CAGR of around 4.5% between 2021 and 2028.
The study investigates and analyses the global and regional education marketplaces in the United States. The research looks at the market competition, restrictions, revenue projections, opportunities, shifting 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 US currency, trillions of dollars).
U.S. Education Market: Outlook
Education is a learning process that aims to significantly improve a person’s capacity. Elementary school education is free in the United States, with each state complying to comprehensive education guidelines. Private schools, on the other hand, are allowed to create their own regulations and procedures. Regional, state, and federal governments all contribute to education.
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According to reports, 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 networking apps such as Google Meet & Zoom. It is a tool for teaching, reducing gender inequities, and boosting public awareness.
U.S. Education Market: Outlook
Education is a learning process that aims to significantly improve a person’s capacity. In the United States, elementary school education is free, with each state following comprehensive education standards. Private schools, on the other hand, are allowed to develop their own policies and procedures. Regional, state, and federal governments all contribute to education funding.
According to reports, education is also referred to as a learning mode that is provided in a blended, online, and offline manner using various means such as the internet, video conferencing, and social networking programs such as Google Meet & Zoom. It is a tool for teaching, reducing gender inequities, and boosting public awareness.
U.S. Education Market: Growth Dynamics
The US education market will grow over the projected period due to an increase in the number of children in nations such as the US who need basic education. Furthermore, as a result of the COVID-19 epidemic, the increased popularity of online education over traditional means is likely to significantly accelerate the rise of the US Education Industry in the next years. Aside from that, the growing popularity of online books and e-books in the United States is expected to drive growth in the education business in the United States throughout the forecast 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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