United States E-learning Market Definition
The e-learning market, also called the online education and training market, facilitates education and training by using electronic technology. Distance education or e-learning, Internet-based education, and online learning are applied in continuing education, corporate training, and other learning environments. LMS learning, face-to-face virtual classes, simulations, and multimedia tools are used since they make learning practical and exciting. E-learning can be self-paced; it entails no fixed time of subject delivery and provides opportunities for learners to learn in groups or one-to-one with instructors.E-learning in the context of the United States offers a flexible, easy, and cost-effective means of delivery of education and training to fill the dynamic capacities of corporate and academic learners in the present world. With increasing acceptance in corporate and educational sectors and a focus on cost-effective training and learning solutions, the e-learning services market in the USA is expanding. An accumulation of these course content has proven daunting to these sectors, given its management and storage.
As per the Department of Commerce’s National Telecommunications and Information Administration, Wireless Broadband in the United States recently issued a new report on federal endeavors in enhancing ‘High-speed Internet. This effort reflects the Bipartisan Infrastructure Law, which funds the Internet for $65 Billion to improve access to higher-speed Internet across the United States. A new $48.2 Billion Office of Internet Connectivity and Growth (OICG) Of this investment, and the other $1.7 billion for broadband programs only,” Ottoson noted at the end of the conference call. These activities, significantly increasing the accessibility of broadband services, will greatly help meet the increasing use of e-learning solutions in the United States.
The conventional content delivery method offers a solution because those who want to build an efficient library organization can do so via websites or applications. Due to new e-learning service trends, cloud use has been incorporated to provide flexibility regarding content storage, retrieval, and analysis. Online learning platforms in the cloud books come with other benefits, such as the capacity to teach students in different geographical regions, secure storage of students’ data, and online backups, which are usually cheaper to run. Moreover, it simplifies the delivery of content and the students' access relative to the former emphasis on books and other related course materials.
A noteworthy observation is that many organizations spend a lot on training, which is one of the factors influencing market growth. Reentry Employment Opportunities opportunity is expected to get funding of $55 million for the ETA Financial Year 2024 President’s Budget with a total of $170 million. This program will seek to enhance the employment prospects of those inmates who want to reintegrate into society and discourage repeat offenses by offering prime workforce necessary services of lower risk ex-offenders in society with significant challenges in accessing employment. The budget also provides $200 million to begin the Sectoral Employment through Career Training for Occupational Readiness, SECTOR; this will involve setting up and forging partnerships of industry, offering one-stop solutions, as well as overseeing the development of training in new growth sectors. These necessities to up-skill and re-skill the workforce to help fit the growing job needs and tendencies and technological amendments are leading to improvement in the revenue of the United States e-learning market.
The United States e-learning market defines online e-learning as using different web-based tools and applied technologies, web courses, virtual classes, internet-based modules, and other multimedia. This involves using digital devices and the Internet through which students can access instructional materials anytime from any given location.
In the report of the National Center for Education Statistics (NCES), it was found that about 7.5 million students enroll in online courses. It is predicted that, in 2022, there will be 2.6 million students taking online classes in private universities. Additionally, 1.8 million are donated to nonprofit institutions and 800,000 to for-profit universities. As of today, 1.1 million students are directly involved in online colleges and universities in the United States, and it constitutes nearly six percent of the total post-secondary learners in the nation. E-learning has constantly evolved over the years, with a more substantial shift to online e-learning, moving to more advancements in augmented reality, virtual reality, and artificial intelligence to follow the remarkable learning enhanced experiences for learners.
United States E-learning Company Analysis
Some prominent players in the United States E-learning market include Aptara Inc., Adobe Inc., Cisco Systems, GP Strategies Corp., Instructure Inc., Oracle Corp., Pearson Plc., Skillsoft Corp., and Thomson Reuters Corp.United States E-learning Company News
In June 2023, IPC, a global association for the electronics manufacturing industry, introduced three online instructor-led courses focusing on lead-free production.In March 2022, Skilldom's e-learning division merged with Cognigix to enhance its digital learning services.
In November 2021, KNOLSKAPE introduced Leading Virtual Teams (LTV), providing learners with a risk-free environment to experiment, embrace failure, unlearn outdated practices, and gain knowledge without real-world consequences.
Technology - Market was divided into 6 viewpoints
Online E-Learning
Learning Management System
Mobile E-Learning
Rapid E-Learning
Virtual Classroom
Others
Provider - Market was divided into 2 viewpoints
Services
Content
Application - Market was divided into 3 viewpoints
Academic
Corporate
Government
Regions - Market was divided into 4 viewpoints
Northeast
Midwest
South
West
All the companies have been studied from 4 points
Overviews
Recent Developments & Strategies
Product Portfolio & Product Launch in Last 1 Year
Revenue
Key Players Analysis
Aptara Inc.Adobe Inc
Cisco Systems
GP Strategies Corp
Instructure Inc.Oracle Corp.
Pearson Plc.
Skillsoft Corp
Thomson Reuters Corp
Table of Contents
Companies Mentioned
- Aptara Inc.
- Adobe Inc
- Cisco Systems
- GP Strategies Corp
- Instructure Inc.
- Oracle Corp.
- Pearson Plc.
- Skillsoft Corp
- Thomson Reuters Corp
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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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 140 |
| Published | June 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 122.34 Billion |
| Forecasted Market Value ( USD | $ 278.15 Billion |
| Compound Annual Growth Rate | 9.5% |
| Regions Covered | United States |
| No. of Companies Mentioned | 9 |
