E-Learning Thrives: US Market Set to Soar by $48.4 Billion by 2027

New York, Oct. 2, 2023 /PRNewswire/ – The US e-learning market is poised for extraordinary expansion, with an estimated growth of USD 48.4 billion from 2022 to 2027, representing a remarkable Compound Annual Growth Rate (CAGR) of 16.39%. The landscape of the US e-learning market is marked by its diversity, hosting numerous global and regional players.

Explosive Growth: US E-Learning Market Set to Surge by $48.4 Billion from 2022 to 2027

Some prominent companies shaping the US e-learning market include industry giants like Adobe Inc., Articulate Global Inc., Cengage Learning Holdings II Inc., Coursera Inc., and more. These key players are at the forefront of innovation, driving the evolution of e-learning.

The North American e-learning sector is on a parallel trajectory, with projections showing an ascent from USD 113.37 billion in 2022 to USD 186.09 billion by 2028, growing at a CAGR of 8.6%. This market surge has prompted the addition of the report titled “North America E-Learning Market” by Business Market Insights.

The report delves deep into industry insights, examining trends, policies, and geographical nuances. It offers a comprehensive analysis employing both quantitative and qualitative techniques, furnishing precise, actionable data.

MarketsandResearch.biz, on the other hand, presents an exhaustive study on the Global Digital E-learning Services Market spanning 2023 to 2029. This research meticulously compiles data from primary and secondary sources, profiling companies, and scrutinizing product offerings, financial details, and market performance.

The competitive landscape of the Digital E-learning Services market is vividly presented, aiding in better comprehension with statistical illustrations. The report also includes value chain analysis for a comprehensive understanding of market logistics.

The global Digital E-learning Services market, segmented by application into academic, corporate, and others, encompasses a wide range of businesses. Geographical groupings are defined by consumption and production statistics.

In this report, key questions are addressed, such as market performance predictions, leading segments, and drivers of market dynamics. Notable companies in the market include VitalSource Technologies LLC, Adobe Inc., and Articulate Global Inc.

Key Driver: The evolving learning landscape in the US, driven by the flexibility and efficiency of eLearning courses, is a significant growth driver. Increased internet penetration and the digitization of education have transformed perceptions of eLearning.

Market Segmentation: The content segment holds a significant market share, driven by the demand for high-quality online learning content. Tailored educational materials aligned with program and curriculum requirements are becoming increasingly popular.

For more details, read the full report here.

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