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U.S. Education Market Size USD 1.5 Trillion by 2028

Provided By: Vantage Market Research

U.S. Education Market Size USD 1.5 Trillion by 2028

Provided By: Vantage Market Research

The Global U.S. Education Market was valued at USD 1.2 Trillion in 2021 and is projected to reach a value of USD 1.5 Trillion by 2028. The Global Market is anticipated to increase by exhibiting a Compound Annual Growth Rate (CAGR) of 4.3% over the forecast period.

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Overview

Segments Covered

DescriptionValue
By TypeCloud, On-Premise
By ContentAudio-Based Content, Video-Based Content, Text Content
By Smart Learning ModeCollaborative Learning Plant, Virtual Instructor Led Training, Simulation Based Learning, Adaptive Learning, Social Learning, Blended Learning, Webinars
By ComponentHardware, Software, Service
By End UserHigher Education Institutes, K-12, Pre-K
By RegionNorth America, Europe, Asia Pacific, Latin America, Middle East & Africa

Market Snapshot

DescriptionValue
Forecast Years:2022 - 2028
Historical Years:2016 - 2021
Revenue 2021:USD 1.2 Trillion
Revenue 2028:USD 1.5 Trillion
Revenue CAGR (2022 - 2028):4.3%

Additional Information

According to Vantage Market Research, the Global U.S. Education Market  was valued at USD 1.2 Trillion in 2021 and is projected to attain a value of USD 1.5 Trillion by 2028. The global U.S. Education industry is anticipated to increase by exhibiting a Compound Annual Growth Rate (CAGR) of 4.3% over the forecast period 2022 to 2028.

This U.S. education market report provides details of the import-export analysis, new recent developments, trade regulations, production analysis, market share, value chain optimization, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, strategic market growth analysis, changes in market regulations, market size, application niches, category market growths, and dominance, product approvals, geographic expansions, product launches, technological innovations in the market.

To gain more info on the U.S. education market contact Vantage Market Research for an analyst brief, our team will help you take a well-informed market decision to achieve market growth.

Key Findings of the U.S. Education Market Report

  • The U.S. education market was valued at USD 1.2 Trillion in 2021. It is expected to keep growing at a rate of 4.3% and is estimated to be valued at USD 1.5 Trillion by 2028.
  • Colleges and universities in the US are projected to be worth USD 568 billion. These include private colleges and public universities.
  • The number of high-school graduates in the United States will reach approximately 3.6 million students in 2026 and then drop to 3.3 million students by 2030.
  • The US education market peaked in Q2 2021 at just fewer than 9 million PC units shipped and in Q2 2022, the industry fell to an all-time low of around 3 million PC units of shipments.
  • Between the 2012-13 and 2031-32 academic years, the proportion of high school graduates who identify as Hispanic and Asian will increase from 24 percent of all students to 31 percent.

List of Leading Players in the U.S. Education Market

  • Adobe Systems Inc.
  • Cisco Systems Inc.
  • Ellucian Company
  • Blackboard Inc.
  • Pearson PLC
  • Educomp Solutions Ltd.
  • Desire2Learn
  • NIIT Limited
  • AWE Acquisition Inc.
  • SumTotal Systems Inc.
  • ABCmouse.com
  • Saba Software Inc.
  • Promethean Inc.
  • McGraw-Hill Education
  • Tata Interactive Systems

Drivers:

Apparently, the growth in the U.S. education market is due to the popularity of e-books in the country as well as the rise of online education. In addition, the upgrading of the education system in the US will expand the size of the US education industry . Advances in technology and changing preferences for online learning have fueled the growth of the education sector. In addition, access to smart devices has encouraged the use of digital technology.

The introduction of new technologies in the (US) United States education sector will accelerate the expansion of the U.S. (United States) education market . Due to the wide spread Covid pandemic, education is being offered online in various countries and the US is no exception. Furthermore, the widespread use of online education has enabled renowned universities in the U.S. to offer online lectures and international students to reach a global stage by offering online degrees. As a result, the US education industry has grown multifaceted.


U.S. Education Market Segmentations

  • Type (Cloud, On-Premise)
  • Component (Hardware, Software, Service)
  • Smart Learning Mode (Collaborative Learning Plant, Virtual Instructor Led Training, Simulation-Based Learning, Adaptive Learning, Social Learning, Blended Learning, Webinars)
  • End User (Higher Education Institutes, K-12, Pre-K)
  • Content (Audio-Based Content, Video-Based Content, Text Content)

U.S. (United States) Education Market Regional Analysis

North America is expected to grow at the highest compound annual growth rate (CAGR) during the forecast period. The education market is witnessing significant growth associated with the increase in government-provided scholarships in various Tier II and Tier III cities and regions due to access to and high affordability of high-quality education. The United States education market benefits from a wide range of factors such as the adoption of online methods, as well as increasing access to the Internet. Moreover, teacher-to-student learning is emphasized to impart quality education.

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We, at Vantage Market Research, provide quantified B2B high-quality research on more than 20,000 emerging markets, in turn, helping our clients map out the constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end-to-end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans 70% of Global Fortune 500 companies. The company provides high-quality data and market research reports  . The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyze information.

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