LONDON--(BUSINESS WIRE)--According to the latest market research report released by Technavio, the online higher education market in the US is expected to accelerate at a CAGR of almost 20% during the forecast period. The rising penetration of mobile devices is one of the key factors triggering the growth of the market.
This research report titled ‘Online Higher Education Market in the US 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the online higher education market in the US into the following subjects:
- Commerce and management
- STEM
- Arts
In 2016, the commerce and management segment accounted for 39% of the global market and is projected to reach 41% by 2021, exhibiting almost 2% increase in market share.
Online higher education market in the US: Top emerging trend
The popularity of big data and learning analytics is an emerging trend in the online higher education space. Learning analytics and big data have an immense potential to revolutionize the online higher education in the US over the next few years. A huge amount of data collected by learning management systems (LMS) goes unused and untouched. However, applying learning analytics to the collected information and big data for improving the overall design of online courses is expected to help students become more successful learners. The increasing popularity of big data analytics helps the online course providers to gauge learners' preferences, failures, successes, and behaviors, thereby obtaining actionable intelligence to improve the course designs.
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Technavio’s report provides expert market research on the following topics:
Executive Report
- Market Outline
- Online Higher Education Market in the US Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Key leading countries
- Market segmentation by courses (non-degree courses and degree courses)
- Market segmentation by subjects (commerce and management, STEM, and arts)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (American Public Education, Apollo Education Group, Capella Education Company, and Grand Canyon Education)
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