Dublin, July 16, 2024 (GLOBE NEWSWIRE) -- The "US Education Market (K-12, Post-Secondary, Corporate Training & Child Care): Insights & Forecast (2024-2028)" report has been added to ResearchAndMarkets.com's offering.
The U.S. education market is expected to record a value of US$2.25 trillion in 2028, recording growth at a CAGR of 4.87%, for the time period of 2024-2028.
Factors such as rising income level, mounting internet penetration, surging population of children under five, rising labor force participation of women, increasing government initiatives & educational funding level and surging number of merger and acquisition activities supported growth in the U.S. education market. However, growth of the industry is anticipated to be challenged by factors such as labor shortage, increasing competition from foreign universities, rising not for profit institutions and legal & regulatory issues.
A few notable trends of the market include greater use of technology in education sector coupled with introduction of new technologies in the education sector, rising shift towards online education, escalating importance of early education and emerging blended learning.
The U.S. education market can be broadly segmented into K-12, post-secondary, corporate training and child care. The K-12 segment is the fastest growing market, owing to factors such as advances in the education technology, improved accessibility to quality education and smart learning, favorable regulatory policies, increasing government and international baccalaureate initiatives to improve the quality of education at the K-12 level.
Furthermore, in terms of profitability, the market can be split into not for-profit and for-profit. Whereas, the market is divided into on premise and cloud, on the basis of type. According to the sector, the education market in the U.S., can be categorized into public and private sector.
Scope of the report
- The report provides a comprehensive analysis of the U.S. education market.
- The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
- The competitive landscape of the market, along with the company profiles of leading players (Bright Horizons Family Solutions, Stride Inc., Strategic Education, Inc., 2U, Inc., Grand Canyon Education and Chegg Inc.) are also presented in detail.
Market Dynamics
Growth Drivers
- Rising Income Level
- Mounting Internet Penetration
- Surging Population of Children below Five
- Rising Labor Force Participation of Women
- Increasing Government Initiatives & Educational Funding level
- Surging Merger & Acquisition Activities
- Expanding Urbanization
Key Trends & Developments
- Greater Use of Technology in Education Sector
- Increasing Personal Funding as Major Source for International Students
- Introduction of New Technologies in the Education Sector
- Rising Shift towards Online Education
- Escalating Importance of Early Education
- Emergent Blended Learning
Challenges
- Shortage of Labour
- Increasing Competition from Foreign Universities
- Free Public Pre-K Initiative Threat to For-Profit Operators
- Rising Not-For-Profit Competitors
- Legal & Regulatory Issues
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 91 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value (USD) in 2024 | $1.86 Trillion |
| Forecasted Market Value (USD) by 2028 | $2.25 Trillion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | United States |
Key Topics Covered:
1. Market Overview
1.1 Introduction
1.2 Participants in Education Industry
1.3 Type of Education Institutions
1.4 Structure of the U.S. Education System
1.5 Dynamics of Education System
1.6 Risk Associated
2. COVID-19
2.1 COVID-19 Impact - Overview
2.2 Closure of Schools during the Pandemic
2.3 Coronavirus - Education Response
3. The U.S. Market Analysis
3.1 The U.S. Education Market Forecast
3.2 The U.S. Education Market by Segment
3.3 The U.S. Education Market by Profitability
3.4 The U.S. Education Market by Type
3.5 The U.S. Education Market by Sector
4. Student Immigration Analysis
4.1 International Student Population in the U.S.
4.2 New International Student Enrollment in the U.S.
4.3 The U.S. Share of International Student by Academic Level
4.4 International Student Population in the U.S. by Origin
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rising Income Level
5.1.2 Mounting Internet Penetration
5.1.3 Surging Population of Children below Five
5.1.4 Rising Labor Force Participation of Women
5.1.5 Increasing Government Initiatives & Educational Funding level
5.1.6 Surging Merger & Acquisition Activities
5.1.7 Expanding Urbanization
5.2 Key Trends & Developments
5.2.1 Greater Use of Technology in Education Sector
5.2.2 Increasing Personal Funding as Major Source for International Students
5.2.3 Introduction of New Technologies in the Education Sector
5.2.4 Rising Shift towards Online Education
5.2.5 Escalating Importance of Early Education
5.2.6 Emergent Blended Learning
5.3 Challenges
5.3.1 Shortage of Labour
5.3.2 Increasing Competition from Foreign Universities
5.3.3 Free Public Pre-K Initiative Threat to For-Profit Operators
5.3.4 Rising Not-For-Profit Competitors
5.3.5 Legal & Regulatory Issues
6. Competitive Landscape
6.1 The U.S. Market
6.1.1 The U.S. For-Profit Child Care Companies by Capacity
6.1.2 The U.S. Postsecondary School Operators by Annual Enrollment Growth
7. Company Profiles
- Bright Horizons Family Solutions
- Stride
- Strategic Education
- 2U
- Grand Canyon Education
- Chegg
For more information about this report visit https://www.researchandmarkets.com/r/gamxen
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