The U.S. Education Market was estimated at USD 1.4 trillion in 2021 and is anticipated to reach around USD 3.1 trillion by 2030, growing at a CAGR of roughly 4.2% between 2022 and 2030.
The U.S. Education Market research report offers an in-depth analysis of the U.S. market size, which is further segmented into the regional and country-level market size, and segmentation market growth. Also, it provides the market share, sales analysis, competitive landscape, the impact of domestic market participants, trade regulations, value chain optimization, recent key developments, strategic market growth analysis, opportunities analysis, product launches, and technological innovations.
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U.S. Education Market: Overview
Post-COVID-19 the education sector in the U.S. has undergone several transformations and has turned more receptive to student needs. Many facets of online programs have begun to provide full-fledged quality education in the U.S. right from junior level to high level.
During the crisis scenario, the majority of educational institutions witnessed a huge decline in academic enrollments therein affecting the revenue and cash flow. As a result, a majority of the institutions offered waivers, discounts, and other forms of offers that would help them retain the enrollments. Going forward, as the U.S. market is reviving from the shock waves of the pandemic, digitalization in the education sector in the U.S. offers lucrative opportunities.
Growth Factors
The U.S. Education Market is propelled by the increase in the prevalence of SMART technology, the rise in consumer income, and quality spending on education. The presence of world-class technology is one of the crucial factors in the growth of the U.S. market.
The market size is projected to gain upper traction in the coming years owing to the adoption of new technologies and the increase in the importance of education in the U.S. With the shift in the consumer mindset, the education sector in the U.S. is projected to witness massive expansions in the forthcoming years.
Besides, the adoption of novel technologies at the University level has enabled a wider reach for remote students. For instance, Universities in the U.S. are imparting education in online mode to foreign students. This has added to the manifold growth of the education sector in the U.S. On the other hand, growing expertise in teachers is adding more to the educational quality and reliability.
Key Players Insights
Competitive Landscape/ Key Players Insights
Our market analysis of the U.S. Education Market also involves a separate section dedicated to major players operating in the market. Our analysts offer an understanding of the financial statements of all the key participants, together with their product portfolio and SWOT analysis. Moreover, the report also offers a competitive landscape chapter, including strategic key development, market share, as well as U.S. market ranking analysis of the players mentioned. Additionally, we offer our clients the leverage to modify the list of players mentioned in our report as a part of our free customization.
Report at: https://www.custommarketinsights.com/report/u-s-education-market/
Some of the prominent players in the U.S. Education Market are
- Smart Technologies
- Wall Family Enterprise
- Adobe Systems
- Pearson Plc
- Tata Interactive Systems
- Saba Software
- Promethean Inc.,
- AWE Acquisitions
- Cisco
- Others
The U.S. Education Market is segmented as follows:
By Technology
- Cloud
- On-premise
By Content
- Audio-based content
- Text content
- Video-based content
By Smart Learning
- Simulation-Based Learning
- Social Learning
- Blended Learning
- Webinars
- Others
By Component
- Service
- Hardware
- Software
By Region/Geography
North America
- The U.S.