US Executive Education Programs Market is Expected to Reach USD 1.17 billion by 2022: Ken Research
o US Executive Education Programs market value will escalate in the future majorly owing to increasing popularity of executive education programs among corporates. Corporates majorly pursue executive education programs as the industries witnesses' introduction of new technologies over the years.
o US Executive Education Programs market is majorly propelling on account of preference of executive education programmes over full time MBA programmes which take more time and money.
o Executive education institutes' are increasing focus on latest industry trends coupled with increasing market penetration of online courses will aid in sustaining market growth.
Executive education acts as a beneficial source for both company and employee as these programs are more of 'on the job training' that enables employees to not only benefit personally, but also allows employees to bring that knowledge back to the office where it can have better influence on work. Corporate professionals prefer executive education programmes over full time MBA programmes which take more time and money. The professionals are keen on developing certain specified skills which will boosts their career development which are provided by these Executive Education Programmes. Over the years, trend of online Executive Education Programs has taken hold of people and the institutions have rolled out new courses which have been secondary growth drivers for executive education market in the US.
Increasing working age population of the country has positive correlation with increasing demand of executive education programs in the US. Working age population continues to grow as young immigrants expand their ranks in the country. Due to increasing awareness about executive education and increasing demand for executive education program on account of learning from world's best institutions backed up with increasing number of courses in the program resulted in increasing number of enrollments in the industry over the years. Increasing availability of online executive courses coupled with high demand of customized executive programs has attracted number of enrollments from corporates and students.
Increasing government spending on higher education, increasing number of higher education institutions, increasing enrollment in higher education and increasing number of graduates in US are some other key factors that may have positive impact on the market creating additional and replacement demand in the future, according to the Analyst at Ken Research.
Ken Research in its latest study, US Executive Education Programs Market By Type (Open and Customized Programs), By Universities (Private and State), By Mode of Delivery (Business Schools, Online, Foreign Collaborations) - Outlook to 2022, suggests that demand for executive education programs in the market will continue to dominate in the US owing to rising prominence of online executive education, introduction of new courses and improving technology for online programs.
For more information on the research report, refer to below link:
Related Reports by Ken Research
Ankur Gupta, Head Marketing & Communications
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