The e-learning market in the US is expected to post a CAGR of around 5%
over the period 2018-2022, according to the latest market research
report by Technavio.
However, the market is expected to decelerate over the forecast period
owing to a decrease in the year-over-year growth.
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Technavio has published a new market research report on the e-learning Market in the US from 2018-2022. (Graphic: Business Wire)
A key factor driving the growth of the market is the inherent
flexibility and cost-effectiveness of e-learning. E-learning enables
people to learn from home which improves convenience and eliminates the
need to spend on accommodation and transportation. Moreover, people can
decide how, when and what to learn and establish their own learning
goals choosing from a wide variety of subjects to learn.
This market research report on the e-learning
market in the US 2018-2022 also provides an analysis of the most
important trends expected to impact the market outlook during the
forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing
In this report, Technavio highlights the advent of new technologies as
one of the key emerging trends in the e-learning market in the US:
E-learning market in the US: Advent of new
The US is an early adopter of advanced technologies. Advanced
technologies such as virtual assistants, AR and VR have been
incorporated into e-learning products in the country. The implementation
of such technological advances in education has caused the evolution of
the e-learning landscape in the country. E-learning through smart
wearables such as Google Glass, Oculus Rift, and even smartwatches such
as the Apple Watch will enable dynamic and efficient learning.
“The technological maturity of the country and the evolution of
learner demand have necessitated the need for convenience and
innovations in the e-learning value chain. Learners can learn
effectively and efficiently at their own pace,” says a senior
analyst at Technavio for research on education technology.
E-learning market in the US: Segmentation
This market research report segments the e-learning market in the US by
end-user to include the higher education, corporate and K-12 segments.
In 2017, the higher education segment accounted for the largest share of
the market with a market share of close to 45%. The market share of this
segment is expected to witness a small decline over the forecast period.
The K-12 segment which held the smallest share of the market in 2017 is
the only segment which is expected to see an increase in its market
share over the forecast period.
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Some of the key topics covered in the report include:
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180620005871/en/