Apollo Education Group

Mar 15, 2023

News provided by Share this article Share this article NEW 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. Technavio has announced its latest market research report titled Online Higher Education Market in US Discover some insights on market size during the forecast period (2021 to 2026) before buying the full report -  Request a sample report Online higher education market in the US – Vendor Analysis Vendor Landscape - The online higher education market in the US is fragmented with the presence of several global as well as regional vendors. A few prominent vendors that offer online higher education in us in the market are American Public Education Inc., Adtalem Global Education Inc., Apollo Education Group Inc., Graham Holdings Co., Grand Canyon Education Inc., ITT Educational Services Inc., LINCOLN EDUCATIONAL SERVICES Corp., Perdoceo Education Corp., Strategic Education Inc., and Zovio Inc. and others. Global competitiveness and key competitor positions Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial -  Buy the report! Vendor Offerings - American Public Education Inc. - The company offers solutions for online higher education that focuses on training and degrees that help provide pathways to employment and career advancement. Adtalem Global Education Inc. - The company offers solutions for online higher education that empowers financial institutions to prepare their frontlines, compliance teams, executive leadership, and board of directors with comprehensive enterprise compliance, risk management, and professional development education, under the brand name of ADTALEM. Apollo Education Group Inc. - The company offers solutions for online higher education that helps to finish up a degree or pursue career goals providing undergraduate and graduate online college courses, under the brand name Phoenix. Online Higher Education Market in the US - Segmentation Assessment Segment Overview Technavio has segmented the market based on subjects (commerce and management, STEM, Arts, and others) and courses (non-degree courses and degree courses). The market share growth in the US by the commerce and management segment will be significant during the forecast period. US organizations have witnessed an increase in income of about 42% through online learning. Commerce and business management online courses are designed to help students achieve business language proficiency. It is combined by adding business analytics and financial accounting courses. Furthermore, the number of students participating in online courses doubled since 2019. Hence, the increasing number of participants is driving growth in the segment. For insights on country-level parameters with growth opportunities from 2017 to 2027 -  Download a Sample Report Online Higher Education Market in the US – Market Dynamics Key Trends - The growing use of wearable gadgets is a major trend supporting the online higher education market growth in the US. Technologies like augmented reality (AR) also change the learning experience of participants. The users get a chance to learn in different learning environments through 3D simulations and scenarios that are developed using wearable technology devices. Furthermore, theoretical explanations of different concepts and step-by-step training on operations in an organization, which is followed by familiarizing students with on-the-floor working environments, are time-consuming. Thus, wearable technology devices enable universities and educational institutions to engage with students directly on the floor. This is known to reduce the duration as well as make students more comfortable with online learning. Major challenges - Designing e-learning courses is a key challenge hindering the online higher education market growth in the US. In order to develop the content for online courses, a significant amount of time, money, and resources are needed. On average, moderately interactive online content takes up about 90-240 hours to be developed. This costs developers approximately $10,000 per produced hour for moderate-level content. The cost keeps rising as the complexity of the content increases. Resources needed, the state of the source content, the elements embedded in the online content, and the interactivity and instructional complexities involved are some of the major factors impacting the cost incurred in creating online education content. Driver, Trend & Challenges are the factor of market dynamics which states about consequences & sustainability of the businesses, find some insights from a sample report! What are the key data covered in this Online Higher Education Market in the US report? CAGR of the market during the forecast period Detailed information on factors that will drive the growth of the online higher education market in US between 2022 and 2026 Precise estimation of the size of the online higher education market in US size and its contribution to the market with a focus on the parent market Accurate predictions about upcoming trends and changes in consumer behavior Growth of the online higher education industry across the US A thorough analysis of the market's competitive landscape and detailed information about vendors Comprehensive analysis of factors that will challenge the growth of the online higher education market in US vendors Gain instant access to 17,000+ market research reports. 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. Online Higher Education Market in the US Scope Report Coverage Key companies profiled American Public Education Inc., Adtalem Global Education Inc., Apollo Education Group Inc., Graham Holdings Co., Grand Canyon Education Inc., ITT Educational Services Inc., LINCOLN EDUCATIONAL SERVICES Corp., Perdoceo Education Corp., Strategic Education Inc., and Zovio Inc. 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, Market condition analysis for forecast period 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. Browse for Technavio Consumer Discretionary  market reports Table of Contents 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 4.6 Threat of rivalry 4.7 Market condition 5. Market Segmentation by Subject 5.1 Market segments 5.2 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 6.2 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 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 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 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 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 82: Zovio Inc. - Business segments Exhibit 83: Zovio Inc. - News Exhibit 84: Zovio Inc. - Key offerings Exhibit 85: Zovio Inc. - Segment focus 11. Appendix 11.1.1 Market definition 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. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact