The report forecasts the e-learning market in the US to grow at a CAGR of 15.65% during the period 2016-2020.
Cloud-based solutions will be key trend for market growth. The e-learning market in the US will experience a surge in the use of cloud-based learning solutions. The software required to address the different aspects of e-learning, content creation, online classroom management, and data extraction from online sources is being shifted to the cloud. Cost-efficiency is one of the reasons for this trend. Cloud platforms promote remote learning that is free from the complexities of installation, licenses, maintenance, and upgrades.
According to the report, government initiatives to overcome the shortfalls of the current education system will be a key trend for market growth. Educational institutions are experiencing pressure from different sectors to improve both academic and administrative systems. The labor market requires graduates with better job skills and applied knowledge, while the student and parent community demands greater transparency in the education system. Therefore, most institutions are turning toward online and digitized education to overcome the shortfalls of the current education system.
Further, the report states that quality of content will be a major challenge for the market.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market Landscape
PART 06: Market segmentation by end-user
PART 07: Market segmentation by product
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Other prominent vendors
For more information about this report visit http://www.researchandmarkets.com/research/xfn8fm/elearning_market
Related Topics: Education
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/e-learning-market-in-the-us-to-grow-1565-by-2020----threat-from-moocs--open-source-software-vendors---research-and-markets-300313445.html
SOURCE Research and Markets