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US Online Higher Education Market is set to grow by USD 33.35 billion from 2021 to 2026, Driven by the collaborations between enterprises and educational institutions - TechnavioNEW YORK, March 14, 2023 /PRNewswire/ -- The online higher education market in the US size is estimated to increase by USD 33.35 billion from 2021 to 2026. The market's growth momentum will progress at a CAGR of 19.82%during the forecast period. The collaboration between enterprises and educational institutions is a major driver for the growth of the online higher education market in the US. The collaborations can take numerous forms. But the most common are training, partnerships, or R&D partnerships. The IBM-Charlotte was designed by the University of North Carolina-Charlotte (UNC-Charlotte) and IBM with the aim to enhance the university's technical vitality, expanding its local personnel resource bank. It ultimately offers IBM's technical communicators a way of earning degrees in their field of work. Hence, such collaborations are expected to drive the market growth of online higher education in the US.
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Gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Related Reports: The K-12 online education market size in China is expected to increase by USD 18.93 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 15.45%. One of the key factors driving the k-12 online education market growth in China is the growing adoption of online test preparation courses in the country. The online education market in India is estimated to grow at a CAGR of 19.9% between 2022 and 2027. The size of the market is forecast to increase by USD 3,461.93 million. Skill development and employment are driving market growth.
Browse for Technavio Consumer Discretionary market reports Table of Contents 1. Executive Summary 1.1 Market Overview Exhibit 01: Key Finding 1 Exhibit 02: Key Finding 2 Exhibit 03: Key Finding 6 Exhibit 04: Key Finding 7 2. Market Landscape 2.1 Market ecosystem 2.1.1 Parent Market Exhibit 05 Parent market Exhibit 06: Market characteristics 2.2 Value Chain Analysis Exhibit 07: Value Chain Analysis: Education services 2.2.1 Inputs 2.2.2 Support activities 2.2.3 Innovations 3. Market Sizing 3.1 Market definition Exhibit 08: Offerings of vendors included in the market definition 3.2 Market segment analysis Exhibit 09: Market segments 3.3 Market size 2021 3.4 Market outlook: Forecast for 2021 - 2026 3.4.1Estimating growth rates for emerging and high-growth markets 3.4.2Estimating growth rates for mature markets Exhibit 10: Global - Market size and forecast 2021 - 2026($ million) Exhibit 11: Global market: Year-over-year growth 2021 - 2026 (%) 4. Five Forces Analysis 4.1 Five Forces Summary Exhibit 12: Five forces analysis 2021 - 2026 4.2 Bargaining power of buyers Exhibit 13: Bargaining power of the buyer 4.3 Bargaining power of suppliers Exhibit 14: Bargaining power of the supplier 4.4 Threat of new entrants Exhibit 15: Threat of new entrants 4.5 Threat of substitutes Exhibit 16: Threat of substitutes 4.6 Threat of rivalry Exhibit 17: Threat of rivalry 4.7 Market condition Exhibit 18: Market condition - Five forces 2021 5. Market Segmentation by Subject 5.1 Market segments Exhibit 19: Subject- Market share 2021 - 2026 (%) 5.2 Comparison by Subject Exhibit 20: Comparison by Subject 5.3 Commerce and management - Market size and forecast 2021-2026 Exhibit 21: Commerce and management - Market size and forecast 2021-2026 ($ million) Exhibit 22: Commerce and management - Year-over-year growth 2021-2026 (%) 5.4 STEM - Market size and forecast 2021-2026 Exhibit 23: STEM - Market size and forecast 2021-2026 ($ million) Exhibit 24: STEM - Year-over-year growth 2021-2026 (%) 5.5 Arts - Market size and forecast 2021-2026 Exhibit 25: Arts - Market size and forecast 2021-2026 ($ million) Exhibit 26: Arts - Year-over-year growth 2021-2026 (%) 5.6 Others - Market size and forecast 2020-2025 Exhibit 27: Others - Market size and forecast 2020-2025 ($ million) Exhibit 28: Others - Year-over-year growth 2020-2025 (%) 5.7 Market opportunity by Subject Exhibit 29: Market opportunity by Subject 6 Market Segmentation by Courses 6.1 Market segments Exhibit 30: Courses Market share 2021-2026 (%) 6.2 Comparison by Courses Exhibit 31: Comparison by Courses 6.3 Non-degree courses - Market size and forecast 2021-2026 Exhibit 32: Non-degree courses - Market size and forecast 2021-2026 ($ million) Exhibit 33: Non-degree courses- Year-over-year growth 2021-2026 (%) 6.4 Degree courses - Market size and forecast 2021-2026 Exhibit 34: Degree courses - Market size and forecast 2021-2026 ($ thousand) Exhibit 35: Degree courses - Year-over-year growth 2021-2026 (%) 6.5 Market opportunity by Courses Exhibit 36: Market opportunity by Courses 7. Customer landscape Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria 7.1 Overview Exhibit 37: Customer landscape 8. Drivers, Challenges, and Trends 8.1 Market drivers 8.1.1 Collaborations between enterprises and educational institutions 8.1.2 Increasing penetration of smartphones and tablets 8.1.3 Rising adoption of cloud computing 8.2 Market challenges 8.2.1 Designing e-learning courses 8.2.2 Data security and privacy issues 8.2.3 Lack of technological literacy Exhibit 38: Impact of drivers and challenges 8.3 Market trends 8.3.1Increased use of wearable gadgets 8.3.2 Adoption of cloud-based technologies 8.3.3 Awareness of nanodegrees or micro-credentials 9. Vendor Landscape 9.1 Overview Exhibit 39: Vendor landscape 9.2 Landscape disruption Exhibit 40: Landscape disruption Exhibit 41: Industry Risk 9.3 Competitive Landscape 10. Vendor Analysis 10.1 Vendors covered Exhibit 42: Vendors covered 10.2 Market positioning of vendors Exhibit 43: ?Market positioning of vendors? 10.3 American Public Education Inc. Exhibit 44: American Public Education Inc. - Overview Exhibit 45: American Public Education Inc. - Business segments Exhibit 46: American Public Education Inc. - News Exhibit 47: American Public Education Inc. - Key offerings Exhibit 48: American Public Education Inc. - Segment focus 10.4 Adtalem Global Education Inc. Exhibit 49: Adtalem Global Education Inc. - Overview Exhibit 50: Adtalem Global Education Inc. - Business segments Exhibit 51: Adtalem Global Education Inc. - News Exhibit 52: Adtalem Global Education Inc. - Key offerings Exhibit 53: Adtalem Global Education Inc. - Segment focus 10.5 Apollo Education Group Inc. Exhibit 54: Apollo Education Group Inc. - Overview Exhibit 55: Apollo Education Group Inc. - Product and service Exhibit 56: Apollo Education Group Inc. - Key offerings 10.6 Graham Holdings Co. Exhibit 57: Graham Holdings Co. - Overview Exhibit 58: Graham Holdings Co. - Business segments Exhibit 59: Graham Holdings Co. - News Exhibit 60: Graham Holdings Co. - Key offerings Exhibit 61: Graham Holdings Co. - Segment focus 10.7 Grand Canyon Education Inc. Exhibit 62: Grand Canyon Education Inc. - Overview Exhibit 63: Grand Canyon Education Inc. - Product and service Exhibit 64: Grand Canyon Education Inc. - Key offerings 10.8 ITT Educational Services Inc. Exhibit 65: ITT Educational Services Inc. - Overview Exhibit 66: ITT Educational Services Inc. - Product and service Exhibit 67: ITT Educational Services Inc. - Key offerings 10.9 LINCOLN EDUCATIONAL SERVICES Corp. Exhibit 68: LINCOLN EDUCATIONAL SERVICES Corp. - Overview Exhibit 69: LINCOLN EDUCATIONAL SERVICES Corp. - Business segments Exhibit 70: LINCOLN EDUCATIONAL SERVICES Corp. - Key offerings Exhibit 71: LINCOLN EDUCATIONAL SERVICES Corp. - Segment focus 10.10 Perdoceo Education Corp. Exhibit 72: Perdoceo Education Corp. - Overview Exhibit 73: Perdoceo Education Corp. - Business segments Exhibit 74: Perdoceo Education Corp. - Key offerings Exhibit 75: Perdoceo Education Corp. - Segment focus 10.11 Strategic Education Inc. Exhibit 76: Strategic Education Inc. - Overview Exhibit 77: Strategic Education Inc. - Business segments Exhibit 78: Strategic Education Inc. - News Exhibit 79: Strategic Education Inc. - Key offerings Exhibit 80: Strategic Education Inc. - Segment focus 10.12 Zovio Inc. Exhibit 81: Zovio Inc. - Overview Exhibit 82: Zovio Inc. - Business segments Exhibit 83: Zovio Inc. - News Exhibit 84: Zovio Inc. - Key offerings Exhibit 85: Zovio Inc. - Segment focus 11. Appendix 11.1 Scope of the report 11.1.1 Market definition 11.1.2 Objectives 11.1.3 Notes and caveats 11.2 Currency conversion rates for US$ Exhibit 86: Currency conversion rates for US$? 11.3 Research Methodology Exhibit 87: Research Methodology Exhibit 88: Validation techniques employed for market sizing? Exhibit 89: Information sources 11.4 List of abbreviations Exhibit 90: List of abbreviations About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. 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