E-learning Market in the US to grow at a CAGR of 15.65% during the period 2016 - 2020; Finds New Report

Report forecast the e-learning market in the US to grow at a CAGR of 15.65% during the period 2016-2020.

The e-learning market in the US is growing rapidly due to changes in the education sector such as the introduction of education technology and online content to the curriculum. Innovations by vendors have led to the use of more advanced technologies in the education system. Simulations, cloud-based solutions, and AR are some such technologies. Cloud solutions have restructured aspects of education such as content creation, content delivery, and accessibility, making it more productive, convenient, and effective. Many institutions in the US are deploying cloud-based solutions for economic benefits.

The report covers the present scenario and the growth prospects of the e-learning market in the US for 2016-2020. To calculate the market size, Technavio considers the revenue generated from sales of products like content, technology, and services. The report also considers the revenue generated by end-users such as higher education and K-12 segments.

The market is divided into the following segments based on product:

• Content
• Services
• Technology

According to the report, government initiatives to overcome the shortfalls of the current education system will be a key trend for market growth. Educational institutions are experiencing pressure from different sectors to improve both academic and administrative systems. The labor market requires graduates with better job skills and applied knowledge, while the student and parent community demands greater transparency in the education system. Therefore, most institutions are turning toward online and digitized education to overcome the shortfalls of the current education system.

Further, the report states that quality of content will be a major challenge for the market. The emergence of digital learning has prompted many educational institutions to offer both classroom-based and online learning programs. Several vendors are capitalizing on this opportunity by providing online courses in a variety of subjects. Although learners have a wide range of options, the credibility of these courses is often in doubt, as many institutions believe that these courses lack depth and accuracy. As a result, most institutions rely on customized content by third-party content developers or on online course material by credible market leaders. Such apprehensions by the institutions can negatively affect small and local vendors with low visibility in the online content market.

E-learning Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the e-learning market in the US: Blackboard, D2L, Oracle, Pearson Education, and SunGard.

Other Prominent Vendors in the market are: Aptara, Articulate, City & Guilds Group, Docebo, Edmodo, Educomp, Haiku Learning, N2N Services, Saba Software, Schoology, and Tata Interactive Systems.

Market driver

• Private equity investments in education
• For a full, detailed list, view our report

Market challenge

• Threat from MOOCs and open-source software vendors
• For a full, detailed list, view our report

Market trend

• Cloud-based solutions
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 70 pages and 35 Exhibit “E-learning Market in the US 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by end-user, Market segmentation by product, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Other prominent vendors, Appendix.

For more information Visit at: http://mrr.cm/J9e

Related Reports;

Smart Classroom Market in India 2016-2020 - Visit at - http://mrr.cm/J9n

Technical and Vocational Education Market in the UK 2016-2020 - Visit at - http://mrr.cm/J9h

Smart Education Market in the US 2016-2020 - Visit at - http://mrr.cm/J97

Interactive Whiteboard Market in Europe 2016-2020 - Visit at - http://mrr.cm/J98