U.S. Education Market Size: According to the report, "The Power of Partnerships: Companies Collaborating to Improve Education in the United States"

U.S. Education industry garnered revenue of about US$ 1.1 trillion in 2020 and is set to earn revenue of nearly US$ 2.3 trillion by 2028

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The education market in the United States is a large and complex system that includes various sectors such as K-12, higher education, and lifelong learning. The K-12 education sector is primarily funded by state and local governments, while the higher education sector includes public universities, private universities, and community colleges. The U.S. education market is valued at over $1.5 trillion, with the majority of spending on K-12 education. In recent years, there has been a growing trend towards online and distance learning, as well as an increased emphasis on educational technology.

Moreover, U.S. Education Market is prognosis to record CAGR of nearly 4.5% in 2021-2028. Apparently, growth of the U.S. education market is due to rise in popularity of e-books as well as online learning in the country. In addition to this, upgrading of education system in the U.S. will proliferate expansion of size of U.S. education industry. Launching of new technologies in the U.S. education sector will accelerate U.S. education market expansion. Extensive spread of COVID pandemic has resulted in imparting education in online way in various countries with U.S. being no exception to this. Furthermore, massive use of online education has enabled reputed universities in the U.S. to deliver online lectures along with enlarging its global reach with providing online degrees to overseas students. This, in turn, has resulted in multifaceted growth of U.S. education industry.

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Key players influencing growth of U.S. education market and profiled in study are Smart Technologies, Wall Family Enterprise, Adobe Systems Inc., Cisco Systems, Inc., Educomp Solutions Ltd., Desire2Learn, NIIT Limited, Blackboard Inc., Pearson Plc, AWE Acquisition Inc., SumTotal Systems Inc., McGraw-Hill Education, Tata Interactive Systems, ABCmouse.com, Saba Software Inc., Promethean Inc., and Ellucian Company.

Here are some of the key companies and organizations that are influencing the growth of the U.S. education market:

Pearson Education: One of the largest education companies in the world, Pearson provides educational materials, assessments, and services to K-12 schools and higher education institutions.

McGraw-Hill Education: A leading provider of educational materials and services for K-12 and higher education, McGraw-Hill has a strong presence in the U.S. and global markets.

Blackboard Inc.: A leading provider of online education services and technology, Blackboard serves K-12 schools, higher education institutions, and corporations.

Coursera: A major player in the online education market, Coursera partners with universities and organizations to offer online courses and programs to a global audience.

Edmentum: A provider of online education solutions for K-12 students, Edmentum offers personalized learning programs and assessments.

Knewton: A provider of adaptive learning technology, Knewton partners with education publishers and institutions to improve student outcomes through personalized learning.

These companies represent a small sample of the diverse set of players in the U.S. education market, and are shaping the market through their investments in technology, product development, and partnerships with educational institutions.

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Market Segmantation on U.S. Education Market
The U.S. Education Market is segmented as follows:

By Type

Cloud
On-Premise

By Content

Audio-Based Content
Video-Based Content
Text Content

By Smart Learning Mode

Collaborative Learning
Virtual Instructor Led Training
Simulation Based Learning
Adaptive Learning
Social Learning
Blended Learning
Webinars

By Component

Hardware
Software
Service

By End User

Higher Education Institutes
K-12
Pre-K

Video Statistics: https://youtu.be/4cR3kYlkegU

There are several factors that have contributed to the growth of the education market in the United States:

Increasing enrollment: The number of students enrolling in both K-12 and higher education has been steadily increasing, driving demand for education services and products.

Government funding: Government funding for education has been increasing, providing financial support for schools and institutions to improve their facilities, hire new teachers, and adopt new technologies.

Technological advancements: The integration of technology in the classroom has become more widespread, creating new opportunities for educational services and products.

Growing demand for vocational education: There is a growing demand for vocational and trade education, as well as for training programs in in-demand fields such as technology and healthcare.

Demographic changes: The aging of the population has led to a growing demand for lifelong learning opportunities and adult education.

Global competition: The increasing global competition for jobs and economic growth has led to a growing emphasis on education and skill development, driving demand for education services and products.

Related Post: https://www.zionmarketresearch.com/report/medical-education-market

Read More Reports:
News On U.S. Education Market: https://www.linkedin.com/pulse/us-education-market-from-k-12-higher-innovation-growth-ronald-morton/

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