United States eLearning Market Size was US$ 59.52 Billion in 2021
The United States eLearning Market is mainly driven by the high adoption of Artificial Intelligence (AI) and Machine Learning (ML) solutions by various non-academic and academic institutions. Likewise, the growing usage of tablets, smart phones, and laptops due to the vast commoditization of technology and digitization of business processes is also driving the industry. Besides this, the utilization of the latest tools by companies and the presence of service providers to make the platforms more fascinating and interactive have boosted the adoption of e-learning platforms.
How COVID-19 has Immensely Benefited the United States eLearning Industry
COVID-19 pandemic is to positively impact the growth rate of the United States e-learning market, owing to the increase in adoption of digital technologies among various colleges, schools and universities and growing government support for improving e-learning platforms. The United States government has directed educational and non-educational institutions toward e-learning solutions for training and education purposes. Similarly, other organizations switch to virtual learning solutions to maintain social distancing.
United States E-Learning Industry will reach US$ 120.67 Billion by 2027
United States E-Learning Market by Learning Mode includes SPL (Self-Paced Learning) and ILT + Mixed (SPL+ILT). Instructor-led: learners are needed to be online at an agreeable one particular time. Whereas, self-paced: learners can plan their time for study and exams according to their convenience.
Based on segment, the United States e-learning market includes Corporate, Academic, and Government. The E-Learning market’s growth in the United States is majorly driven by the rise in the demand for learning techniques in academic sectors like Online K12 education, elementary school students, middle school students, high school students, vocational training, and higher education. The emergence of distance learning and e-learning courses programs has provided the American population easy access to education. The flexibility and functionality of e-learning courses have to lead to the further evolution of the learning landscape in the US. Similarly, E-learning services are utilized across the United States corporate (SMBs and Large enterprises) sector for executing training and other cooperative activities like project work and assignments.
Mobile Learning Technologies are Developing at a Rapid Pace in the United States
In terms of e-learning technologies, mobile learning technology has witnessed faster adoption in the United States e-learning market with the rapid use of smart phones. Many application-based learning media are being developed, allowing Smartphone users to gain insights into any topic in real-time. Some U.S educational institutes and universities build mobile applications that enable students to log in to the student outlet and access missed lectures.
Meanwhile, a few prominent mobile applications in the United States academic sectors are Remind, Photomath, Photomath, etc. Furthermore, the market developers offer a game-based application medium that is used for teaching children with the benefit of interactive animated videos and pictures. These technologies enable schools to enhance their IQ and students' logical & reasoning skills.
Key Companies
The United States e-learning market is fragmented with many players like Aptara Inc, Abode system Inc, Cornerstone Inc, Citrix Inc, Microsoft Corporation, McGraw-Hill Education, Pearsons, K12 Inc.
This research report titled “United States E-Learning Market by Learning Mode (Self-Paced e-Learning Market and Instructor Led & mixed (SPL and ILT) E-Learning Market), Segment (Corporate E-Learning, Academic E-Learning and Government E-Learning), Corporate E-Learning Market , Type (Small & Medium Business (SMBs) and Large Enterprises), Academic E-Learning Market, Segment (K12 (Elementary School ,Middle School & High School) Vocational Training and Higher Education, Technology (Mobile , LMS (Learning Management Software) ,Virtual Class and Others) Company (Aptara Inc, Abode system Inc, Cornerstone Inc, Citrix Inc, Microsoft Corporation, McGraw-Hill Education, Pearsons, K12 Inc)” provides an all-encompassing analysis on the United States E-Learning Market.
Learning Mode - This report has been covered from 2 viewpoints
- Self-Paced e-Learning (SPL)
- Instructor-led & Mixed (SPL and ILT) E-Learning
Segments - This report has been covered from 3 viewpoints
- Corporate E-Learning
- Academic E-Learning
- Government E-Learning
Corporate E-Learning Type - Sub - Segment has been covered from 2 viewpoints
- Small & Medium Business (SMBs)
- Large Enterprises
Academic Segments - Sub-segments has been covered from 6 viewpoints
- K12
- Elementary School
- Middle School
- High School
- Vocational Training
- Higher Education
Technology - This report has been covered from 4 viewpoints
- Mobile
- LMS (Learning Management Software)
- Virtual Class
- Others
All the companies have been studied from 3 points
- Business Overview
- Recent Developments & Strategy
- Sales Analysis
Company Analysis
- Aptara Inc
- Abode system Inc
- Cornerstone Inc
- Citrix Inc
- Microsoft Corporation
- McGraw-Hill Education
- Pearsons
- K12 Inc
What is the estimated value of the U.S. eLearning Market?
What is the growth rate of the U.S. eLearning Market?
What is the forecasted size of the U.S. eLearning Market?
Who are the key companies in the U.S. eLearning Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 150 |
| Published | February 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 59.52 Billion |
| Forecasted Market Value ( USD | $ 120.67 Billion |
| Compound Annual Growth Rate | 12.5% |
| Regions Covered | United States |
| No. of Companies Mentioned | 8 |
Table of Contents
Companies Mentioned
- Aptara Inc
- Abode system Inc
- Cornerstone Inc
- Citrix Inc
- Microsoft Corporation
- McGraw-Hill Education
- Pearsons
- K12 Inc
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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