NEW YORK, Jan. 7, 2024 /PRNewswire/ — The US Courseware Market is estimated to grow by USD 1.06 billion, accelerating at a CAGR of 5.42% during the forecast period. The US Courseware Market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer US Courseware Market are the American Heart Association, Arizona State University, Ascend Learning LLC, Cambridge University Press, Carnegie Mellon University, Cengage Learning Holdings II Inc., Connect For Education Inc., Georg von Holtzbrinck GmbH and Co. KG, Hackett Publishing Co., John Wiley and Sons Inc., Labster Group ApS, Lumen Learning Inc., McGraw Hill LLC, Method Learning, MindEdge Inc., Pearson Plc, Quant Systems Inc., Realizeit, Rice University, SimBiotic Software Inc., Simulation Curriculum Corp., Stanford University, Tophatmonocle Corp., VitalSource Technologies LLC, WestEd, and Yale University. The report provides a full list of key companies, their strategies, and the latest developments. Download Free Sample before buying
Technavio has announced its latest market research report titled Courseware Market in US 2023-2027
Company Offering:
American Heart Association: The company offers courseware under the brand, Flex Ed. Also, the company provides medical research and care in the field of heart-related illnesses.
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Impactful driver- The evolved learning and education landscape. The US Courseware Market is driven by an evolved digital learning and education landscape, where Professional Development Courses, Language Learning Courses, and Specialized Courseware play significant roles. Personalized and experiential Learning Modules are shaping the market, emphasizing adaptive approaches for enhanced education. Moreover, the focus on STEM Education Resources highlights the demand for innovative and practical learning methods. This dynamic shift towards tailored, experiential learning experiences defines the market’s trajectory, boosting an environment conducive to holistic and adaptive educational practices.
Key Trend – The growth of the microlearning paradigm. The US Courseware Market is transforming, emphasizing the microlearning paradigm. This shift prioritizes Online Learning modules, tailored Digital Curriculum, Personalized Learning, and Interactive Resources. It centers on concise E-Learning Content development and adaptive Educational Resources for K-12 Education and higher education, facilitating quick, accessible learning experiences. The focus on compact Online Courses and Virtual Classrooms echoes the trend toward streamlined, on-the-go education, emphasizing the significance of brief, targeted learning moments within the broader curriculum.
Major Challenges – Competition from MOOCs. The US Courseware Market faces challenges from MOOCs, which leads to competition in Textbook Publishing, Academic Publishing, and the provision of Assessment Tools. MOOCs offer extensive Teacher Resources, Interactive Modules, Course Materials, Study Guides, Video Lectures, Test Prep Materials, and robust Learning Management Systems (LMS), impacting traditional educational formats. The allure of MOOCs lies in their advanced Educational Technology, challenging the conventional courseware market by offering comprehensive resources and interactive platforms. Adapting to this competitive landscape requires innovation and enhanced offerings to retain relevance in the evolving educational sphere.
Market Segmentation
The market is segmented by end-user (K12, higher education, and corporate) and deployment (cloud and on-premise).
The K12 segment is anticipated to experience substantial market share growth during the forecast period. This rise can be attributed to increased student engagement in digital learning courses and the emergence of numerous innovative K-12 digital learning service providers. Additionally, the rise is expected due to increased government initiatives aimed at digitizing educational content and enhancing the overall quality of education. These factors collectively drive the anticipated growth of the courseware market in the United States.
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Related Reports:
Online Language Learning Market: The online language learning market size is estimated to grow at a CAGR of 19.73% between 2023 and 2028. The market size is forecast to increase by USD 42.10 billion.
Corporate Blended Learning Market: The corporate blended learning market is estimated to grow at a CAGR of 12.68% between 2022 and 2027 and the size of the market is forecast to increase by USD 36,284.86 million.
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US Courseware Market: Scope |
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Report Coverage |
Details |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.42% |
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Market growth 2023-2027 |
USD 1.06 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
4.5 |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
American Heart Association, Arizona State University, Ascend Learning LLC, Cambridge University Press, Carnegie Mellon University, Cengage Learning Holdings II Inc., Connect For Education Inc., Georg von Holtzbrinck GmbH and Co. KG, Hackett Publishing Co., John Wiley and Sons Inc., Labster Group ApS, Lumen Learning Inc., McGraw Hill LLC, Method Learning, MindEdge Inc., Pearson Plc, Quant Systems Inc., Realizeit, Rice University, SimBiotic Software Inc., Simulation Curriculum Corp., Stanford University, Tophatmonocle Corp., VitalSource Technologies LLC, WestEd, and Yale University |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
TOC:
Executive Summary
Market Landscape
Market Sizing
Historic Market Size
Five Forces Analysis
Market Segmentation by End-User
Market Segmentation by Deployment
Customer Landscape
Geographic Landscape
Drivers, Challenges, and Trends
Company Landscape
Company Analysis
Appendix
About US
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