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United States Continuing Education Market Report to 2028: Sector is Expected to Reach $93.25 Billion by 2028 at a CAGR of 7.47%

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U.S. Continuing Education Market

U.S. Continuing Education Market
U.S. Continuing Education Market

Dublin, May 01, 2023 (GLOBE NEWSWIRE) -- The "U.S. Continuing Education Market - Industry Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The U.S. continuing education market is expected to reach USD 93.25 billion by 2028, growing at a CAGR of 7.47% during 2022 to 2028.

Advances in technology are impacting every section of the continuing education industry. The transformative power of artificial intelligence cuts across social and economic barriers, including education. Currently, the education sector is rapidly transformed by artificial intelligence.

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It has the potential to achieve several educational goals by increasing access to learning, automating management processes, and optimizing methods to enhance learning outcomes.

Emerging Fields for Continuing Education

Real estate, finance, and entrepreneurship segments are the most rapidly growing industries in the continuing education market. Real estate is one of the rapidly growing industries in the United States. In addition, each U.S. state has different continuing education credit requirements.

Across the U.S., continuing education is one of the major keys to renewing a license or increasing knowledge about current trends. The major factor driving the U.S. continuing education market in the real estate business is practicing agents and brokers that must complete 12 hours of CE courses within two years before the renewal of their license (Stated by Massachusetts State Guidelines).

Badging, Micro-Credential, and Blockchain Credential Distribution in Continuing Education

Digital badges and micro-credentials are emerging pathways to recognize and acknowledge specific skills and achievements of learners. Blockchain is one of the emerging technologies in continuing education, which has the potential to revolutionize the continuing education sector by offering a transparent, secure, and tamperproof platform for sharing and storing educational records.

The U.S. continuing education market helps to keep up with the latest trends in the rapidly growing industries in the region. The micro-credential has been introduced to provide and satisfy the continuing education seeker, which allows people to take short career-oriented CE courses at their own pace, time, and convenience.

ChatGPT is the Future of Continuing Education

Implementing Al in continuing education opens the door for many opportunities, including Chatbot (ChatGPT), one of the emerging technologies with high potential to accelerate market growth in the United States. As continuing education continuously evolves, technologies are vital in helping professionals grow and learn.

Chatbots can converse with professionals (humans), offering them assistance and information on broad educational areas. ChatGPT is one of the most innovative chatbot tools currently available with high potential. In the U.S. continuing education market, ChatGPT is helping to browse the internet to expand and update knowledge through associations, creative solutions, and new information about pressing problems.

Increasing Demand for Professional Development

The preference for professional development is not new in the United States. U.S. education includes skills, knowledge, experience, and practices.

Over 74% of workers are willing to learn new skills to remain employable. Also, workers prefer strong training and development programs, which offer short- and long-term benefits. According to a finding, over 59% of employees are self-taught and are open to training. Over 87% of millennial employees believe that workplace development and learning are becoming important for professional development.

Increased Competitiveness among Industries

Industries are becoming highly complex and competitive. The U.S. is one of the leading industrialized countries in the world. The U.S. industries are known for the early adoption of new technologies and procedures, which can potentially transform the industry landscape. Workers should be mindful of new trends and patterns, from environmental concerns to social justice issues and cultural trends to transformative technologies.

The burden and challenges for employers and employees are becoming diverse and complex, resulting in high demand for skilled workers as the competition among industries is rapidly increasing. Hence, courses in the U.S. continuing education market will be grounded in future demands. Contemporary challenges can help companies remain competitive and prepare their workforce for upcoming opportunities.

Vendor Landscape

The U.S. continuing education market is highly competitive with the presence of large continuing education providers. U.S. educational institutions, such as schools, colleges, and universities, are the major contributors to the industry. Online continuing education services by educational companies are on the rise.

Therefore, there is competition among CE educational institutions and online CE provider vendors/educational companies. Non-profit organizations are standalone continuing education providers with a strong network of continuing education receivers across the United States.

Company Profiles

  • 360training

  • Aceable

  • Acadoodle

  • Albert Einstein College of Medicine

  • Advancement Courses

  • Antidote Education Company

  • AMA EDHUB

  • AO North America

  • AcademicCME

  • AffinityCE

  • Amedco

  • American Medical Seminar

  • AXIS Medical Education

  • Aspirus

  • BooqSmart.com

  • BlackRock

  • COPIC Insurance Company

  • CME Outfitters

  • CPAwebengage, Inc.

  • Curi

  • Current Reviews

  • Carlat CME Institute

  • CMEPlanet

  • Cine-Med

  • EXCEL CME

  • EZ-pdh.com (Ezekiel Enterprises)

  • EdCompass

  • Forefront Collaborative

  • Greeley Company

  • Global Education Company

  • HonorHealth

  • HealthSream

  • Illinois Online

  • Kaplan

  • MCKISSOCK LEARNING

  • MedScape (WebMD)

  • MIT Professional Education

  • North Dakota State University

  • National Society of Professional Engineers

  • Norcal Mutual Insurance Company

  • PDH Academy

  • RCEP

  • Relias LMS

  • Sequoia CPE

  • StatPearls

  • Strafford LLC

  • Syandus

  • SafetyPro Training Center

  • Stanford Medicine

  • Salus Global

  • The American College of Financial Services

  • Salus University

  • TheCEShop.com

  • University of San Diego

  • Titan Continuing Education

  • University of South Alabama

  • University of California (Irvine)

  • University Professional and Continuing Education Association

  • University of North Dakota

Key Questions Answered:
1. How big is the U.S. continuing education market?
2. What is the growth rate of the U.S. continuing education market?
3. What are the growing trends in the U.S. continuing education industry?
4. Which delivery mode holds the most significant U.S. continuing education market share?
5. Who are the various providers of the U.S. continuing education market?

Key Attributes:

Report Attribute

Details

No. of Pages

241

Forecast Period

2022 - 2028

Estimated Market Value (USD) in 2022

$60.52 Billion

Forecasted Market Value (USD) by 2028

$93.25 Billion

Compound Annual Growth Rate

7.4%

Regions Covered

United States

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of the Study
4.3.1 Market by Delivery Mode:
4.3.2 Market by Professions
4.3.3 Market by Providers
4.3.4 Market by Healthcare Professionals

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance

7 Premium Insights
7.1 Overview

8 Introduction
8.1 Overview
8.1.1 List of Professions Requiring Continuing Education in US
8.2 Global Continuing Education Outlook
8.2.1 Overview
8.2.2 Comparison of Global Ce Market With Us Ce Market
8.2.3 Learners Preferences & Behavioral Patterns Toward Ce Programs
8.2.4 Offline & Online Ce Programs: Comparison Analysis

9 Market Opportunities & Trends
9.1 Advanced Technologies Transforming Continuing Education
9.2 Emerging Fields for Continuing Education
9.3 Badging, Micro Credential, and Blockchain Credential Distribution in Continuing Education
9.4 Chatgpt is the Future of Continuing Education

10 Market Growth Enablers
10.1 Increased Competitiveness Among Industries
10.2 Increasing Demand for Professional Development
10.3 Significant Developments in Healthcare and Engineering Industries
10.4 Implementation of Hybrid Delivery Platforms for Continuing Education

11 Market Restraints
11.1 Biased Content Delivery in Industry Sponsored Continuing Education
11.2 Challenges in Ce Program Deliveries & Alternative Platforms
11.3 Challenges in Maintaning Cme Credits in Healthcare Sector

12 Market Landscape
12.1 Market Overview
12.2 Market Size & Forecast
12.3 Five Forces Analysis
12.3.1 Threat of New Entrants
12.3.2 Bargaining Power of Suppliers
12.3.3 Bargaining Power of Buyers
12.3.4 Threat of Substitutes
12.3.5 Competitive Rivalry

13 Delivery Mode
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.2.1 Market by Delivery Mode
13.3 Classroom Training
13.3.1 Market Overview
13.3.2 Market Size & Forecast
13.4 E-Learning
13.4.1 Market Overview
13.4.2 Market Size & Forecast
13.5 Regularly Scheduled Series
13.5.1 Market Overview
13.5.2 Market Size & Forecast
13.6 Journals
13.6.1 Market Overview
13.6.2 Market Size & Forecast
13.7 Others
13.7.1 Market Overview
13.7.2 Market Size & Forecast

14 Profession
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.2.1 Market by Profession
14.3 Healthcare Workers
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.4 Engineers
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.5 Accountants
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.6 Educators
14.6.1 Market Overview
14.6.2 Market Size & Forecast
14.7 Architects
14.7.1 Market Overview
14.7.2 Market Size & Forecast
14.8 Lawyers
14.8.1 Market Overview
14.8.2 Market Size & Forecast
14.9 Others
14.9.1 Market Overview
14.9.2 Market Size & Forecast

15 Providers
15.1 Market Snapshot & Growth Engine
15.2 Market Overview
15.2.1 Market by Provider
15.3 Educational Institutions
15.3.1 Market Overview
15.3.2 Market Size & Forecast
15.4 Educational Companies
15.4.1 Market Overview
15.4.2 Market Size & Forecast
15.5 Non-Profit Organizations
15.5.1 Market Overview
15.5.2 Market Size & Forecast
15.6 Others
15.6.1 Market Overview
15.6.2 Market Size & Forecast

16 Continuing Medical Education
16.1 Overview

17 Continuing Medical Education by Healthcare Professionals
17.1 Market Snapshot & Growth Engine
17.2 Overview
17.2.1 Market by Healthcare Professionals Segments
17.3 Physician Cme
17.3.1 Market Overview
17.3.2 Market Size & Forecast
17.4 Allied Health Professionals Cme
17.4.1 Market Overview
17.4.2 Market Size & Forecast
17.5 Nursing Cme
17.5.1 Market Overview
17.5.2 Market Size & Forecast

18 Cme by Healthcare Professionals
18.1 Overview
18.2 Cme for Physicians
18.2.1 Market Overview
18.3 Physician Segmentation
18.3.1 Oncology: Market Size & Forecast
18.3.2 Cardiology: Market Size & Forecast
18.3.3 Infectious Diseases: Market Size & Forecast
18.3.4 Orthopedic: Market Size & Forecast
18.3.5 Primary Care: Market Size & Forecast
18.3.6 Gastroenterology: Market Size & Forecast
18.3.7 Pediatrics: Market Size & Forecast
18.3.8 Others: Market Size & Forecast
18.3.9 Market Size & Forecast
18.4 Cme for Allied Health Professionals
18.4.1 Market Overview
18.5 Allied Health Professional Segmentation
18.5.1 Pharmacists: Market Size & Forecast
18.5.2 Case Manager: Market Size & Forecast
18.5.3 Speech Language Pathologists: Market Size & Forecast
18.5.4 Psychologists: Market Size & Forecast
18.5.5 Dietitians: Market Size & Forecast
18.5.6 Cardiovascular Technicians: Market Size & Forecast
18.5.7 Others: Market Size & Forecast
18.6 Cme for Nurses
18.6.1 Market Overview
18.7 Nurses Segmentation
18.7.1 Medical-Surgical Nurses: Market Size & Forecast
18.7.2 Advanced Practice Nurses: Market Size & Forecast
18.7.3 Maternity Care Nurses: Market Size & Forecast
18.7.4 Primary Care Nurses: Market Size & Forecast
18.7.5 Acute Care Nurses: Market Size & Forecast
18.7.6 Others: Market Size & Forecast

19 Competitive Landscape
19.1 Competition Overview
19.2 Market Share Analysis

20 Company Profiles

21 Report Summary

22 Quantitative Summary

23 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/7bghok

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