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PUBLISHER: TechNavio | PRODUCT CODE: 1516011

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PUBLISHER: TechNavio | PRODUCT CODE: 1516011

Professional development market in US 2024-2028

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PAGES: 136 Pages
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Global Professional Development Market In US 2024-2028

The professional development market in us is forecasted to grow by USD 4819.7 mn during 2023-2028, accelerating at a CAGR of 6.36% during the forecast period. The report on the professional development market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by technological innovations that complement professional development courses, growing importance of stem education, and emphasis on digital and online learning.

Market Scope
Base Year2024
End Year2028
Series Year2024-2028
Growth MomentumAccelerate
YOY 20245.31%
CAGR6.36%
Incremental Value$4819.7mn

Technavio's professional development market in us is segmented as below:

By End-user

  • K-12
  • Higher education
  • Pre K-12

By Type

  • Online
  • Offline

By Geographical Landscape

  • North America

This study identifies the increasing adoption of mobile learning as one of the prime reasons driving the professional development market in us growth during the next few years. Also, growing focus on content claim standard (ccs) standards and growing popularity of language learning will lead to sizable demand in the market.

The report on the professional development market in us covers the following areas:

  • Professional development market in us sizing
  • Professional development market in us forecast
  • Professional development market in us industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading professional development market in us vendors that include Acacia University, Adobe Inc., Cast Inc., Cisco Systems Inc., D2L Inc., Deloitte Touche Tohmatsu Ltd., Discovery Education Inc., Harvard University, Hone Group Inc., Houghton Mifflin Harcourt Co., John Wiley and Sons Inc., Kagan Publishing and Professional Development, Learning Tree International Inc., McGraw Hill LLC, Microsoft Corp., Penn Graduate School of Education, Project Management Institute Inc., Purdue University, Scholastic Corp., Skillsoft Corp., and UNIVERSITY OF VIRGINIA. Also, the professional development market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR73438

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Executive Summary - Chart on Market Overview
    • Executive Summary - Data Table on Market Overview
    • Executive Summary - Chart on Country Market Characteristics
    • Executive Summary - Chart on Market Segmentation by End-user
    • Executive Summary - Chart on Market Segmentation by Type
    • Executive Summary - Chart on Company Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Parent Market
    • Data Table on - Parent Market
  • 2.2 Market characteristics
    • Market characteristics analysis
  • 2.3 Value chain analysis
    • Value Chain Analysis

3 Market Sizing

  • 3.1 Market definition
    • Offerings of companies included in the market definition
  • 3.2 Market segment analysis
    • Market segments
  • 3.3 Market size 2023
  • 3.4 Market outlook: Forecast for 2023-2028
    • Chart on US - Market size and forecast 2023-2028 ($ million)
    • Data Table on US - Market size and forecast 2023-2028 ($ million)
    • Chart on US: Year-over-year growth 2023-2028 (%)
    • Data Table on US: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

  • 4.1 Professional Development Market in US 2018 - 2022
    • Historic Market Size - Data Table on Professional Development Market in US 2018 - 2022 ($ million)
  • 4.2 End-user segment analysis 2018 - 2022
    • Historic Market Size - End-user Segment 2018 - 2022 ($ million)
  • 4.3 Type segment analysis 2018 - 2022
    • Historic Market Size - Type Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Five forces analysis - Comparison between 2023 and 2028
  • 5.2 Bargaining power of buyers
    • Bargaining power of buyers - Impact of key factors 2023 and 2028
  • 5.3 Bargaining power of suppliers
    • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
  • 5.4 Threat of new entrants
    • Threat of new entrants - Impact of key factors in 2023 and 2028
  • 5.5 Threat of substitutes
    • Threat of substitutes - Impact of key factors in 2023 and 2028
  • 5.6 Threat of rivalry
    • Threat of rivalry - Impact of key factors in 2023 and 2028
  • 5.7 Market condition
    • Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

  • 6.1 Market segments
    • Chart on End-user - Market share 2023-2028 (%)
    • Data Table on End-user - Market share 2023-2028 (%)
  • 6.2 Comparison by End-user
    • Chart on Comparison by End-user
    • Data Table on Comparison by End-user
  • 6.3 K-12 - Market size and forecast 2023-2028
    • Chart on K-12 - Market size and forecast 2023-2028 ($ million)
    • Data Table on K-12 - Market size and forecast 2023-2028 ($ million)
    • Chart on K-12 - Year-over-year growth 2023-2028 (%)
    • Data Table on K-12 - Year-over-year growth 2023-2028 (%)
  • 6.4 Higher education - Market size and forecast 2023-2028
    • Chart on Higher education - Market size and forecast 2023-2028 ($ million)
    • Data Table on Higher education - Market size and forecast 2023-2028 ($ million)
    • Chart on Higher education - Year-over-year growth 2023-2028 (%)
    • Data Table on Higher education - Year-over-year growth 2023-2028 (%)
  • 6.5 Pre K-12 - Market size and forecast 2023-2028
    • Chart on Pre K-12 - Market size and forecast 2023-2028 ($ million)
    • Data Table on Pre K-12 - Market size and forecast 2023-2028 ($ million)
    • Chart on Pre K-12 - Year-over-year growth 2023-2028 (%)
    • Data Table on Pre K-12 - Year-over-year growth 2023-2028 (%)
  • 6.6 Market opportunity by End-user
    • Market opportunity by End-user ($ million)
    • Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Type

  • 7.1 Market segments
    • Chart on Type - Market share 2023-2028 (%)
    • Data Table on Type - Market share 2023-2028 (%)
  • 7.2 Comparison by Type
    • Chart on Comparison by Type
    • Data Table on Comparison by Type
  • 7.3 Online - Market size and forecast 2023-2028
    • Chart on Online - Market size and forecast 2023-2028 ($ million)
    • Data Table on Online - Market size and forecast 2023-2028 ($ million)
    • Chart on Online - Year-over-year growth 2023-2028 (%)
    • Data Table on Online - Year-over-year growth 2023-2028 (%)
  • 7.4 Offline - Market size and forecast 2023-2028
    • Chart on Offline - Market size and forecast 2023-2028 ($ million)
    • Data Table on Offline - Market size and forecast 2023-2028 ($ million)
    • Chart on Offline - Year-over-year growth 2023-2028 (%)
    • Data Table on Offline - Year-over-year growth 2023-2028 (%)
  • 7.5 Market opportunity by Type
    • Market opportunity by Type ($ million)
    • Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Opportunity/Restraints

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Impact of drivers and challenges
    • Impact of drivers and challenges in 2023 and 2028
  • 9.4 Market opportunities/restraints

10 Competitive Landscape

  • 10.1 Overview
  • 10.2 Competitive Landscape
    • Overview on criticality of inputs and factors of differentiation
  • 10.3 Landscape disruption
    • Overview on factors of disruption
  • 10.4 Industry risks
    • Impact of key risks on business

11 Competitive Analysis

  • 11.1 Companies profiled
    • Companies covered
  • 11.2 Market positioning of companies
    • Matrix on companies position and classification
  • 11.3 Adobe Inc.
    • Adobe Inc. - Overview
    • Adobe Inc. - Business segments
    • Adobe Inc. - Key news
    • Adobe Inc. - Key offerings
    • Adobe Inc. - Segment focus
  • 11.4 Cast Inc.
    • Cast Inc. - Overview
    • Cast Inc. - Product / Service
    • Cast Inc. - Key offerings
  • 11.5 Cisco Systems Inc.
    • Cisco Systems Inc. - Overview
    • Cisco Systems Inc. - Business segments
    • Cisco Systems Inc. - Key news
    • Cisco Systems Inc. - Key offerings
    • Cisco Systems Inc. - Segment focus
  • 11.6 D2L Inc.
    • D2L Inc. - Overview
    • D2L Inc. - Product / Service
    • D2L Inc. - Key news
    • D2L Inc. - Key offerings
  • 11.7 Deloitte Touche Tohmatsu Ltd.
    • Deloitte Touche Tohmatsu Ltd. - Overview
    • Deloitte Touche Tohmatsu Ltd. - Product / Service
    • Deloitte Touche Tohmatsu Ltd. - Key news
    • Deloitte Touche Tohmatsu Ltd. - Key offerings
  • 11.8 Discovery Education Inc.
    • Discovery Education Inc. - Overview
    • Discovery Education Inc. - Product / Service
    • Discovery Education Inc. - Key offerings
  • 11.9 Harvard University
    • Harvard University - Overview
    • Harvard University - Product / Service
    • Harvard University - Key offerings
  • 11.10 John Wiley and Sons Inc.
    • John Wiley and Sons Inc. - Overview
    • John Wiley and Sons Inc. - Business segments
    • John Wiley and Sons Inc. - Key news
    • John Wiley and Sons Inc. - Key offerings
    • John Wiley and Sons Inc. - Segment focus
  • 11.11 McGraw Hill LLC
    • McGraw Hill LLC - Overview
    • McGraw Hill LLC - Product / Service
    • McGraw Hill LLC - Key news
    • McGraw Hill LLC - Key offerings
  • 11.12 Microsoft Corp.
    • Microsoft Corp. - Overview
    • Microsoft Corp. - Business segments
    • Microsoft Corp. - Key news
    • Microsoft Corp. - Key offerings
    • Microsoft Corp. - Segment focus
  • 11.13 Penn Graduate School of Education
    • Penn Graduate School of Education - Overview
    • Penn Graduate School of Education - Product / Service
    • Penn Graduate School of Education - Key offerings
  • 11.14 Project Management Institute Inc.
    • Project Management Institute Inc. - Overview
    • Project Management Institute Inc. - Product / Service
    • Project Management Institute Inc. - Key offerings
  • 11.15 Purdue University
    • Purdue University - Overview
    • Purdue University - Product / Service
    • Purdue University - Key offerings
  • 11.16 Scholastic Corp.
    • Scholastic Corp. - Overview
    • Scholastic Corp. - Business segments
    • Scholastic Corp. - Key offerings
    • Scholastic Corp. - Segment focus
  • 11.17 UNIVERSITY OF VIRGINIA
    • UNIVERSITY OF VIRGINIA - Overview
    • UNIVERSITY OF VIRGINIA - Product / Service
    • UNIVERSITY OF VIRGINIA - Key offerings

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Inclusions and exclusions checklist
    • Inclusions checklist
    • Exclusions checklist
  • 12.3 Currency conversion rates for US$
    • Currency conversion rates for US$
  • 12.4 Research methodology
    • Research methodology
  • 12.5 Data procurement
    • Information sources
  • 12.6 Data validation
    • Data validation
  • 12.7 Validation techniques employed for market sizing
    • Validation techniques employed for market sizing
  • 12.8 Data synthesis
    • Data synthesis
  • 13.9 360 degree market analysis
    • 360 degree market analysis
  • 12.10 List of abbreviations
    • List of abbreviations
Product Code: IRTNTR73438

Exhibits:

  • Exhibits1: Executive Summary - Chart on Market Overview
  • Exhibits2: Executive Summary - Data Table on Market Overview
  • Exhibits3: Executive Summary - Chart on Country Market Characteristics
  • Exhibits4: Executive Summary - Chart on Market Segmentation by End-user
  • Exhibits5: Executive Summary - Chart on Market Segmentation by Type
  • Exhibits6: Executive Summary - Chart on Company Market Positioning
  • Exhibits7: Parent Market
  • Exhibits8: Data Table on - Parent Market
  • Exhibits9: Market characteristics analysis
  • Exhibits10: Value Chain Analysis
  • Exhibits11: Offerings of companies included in the market definition
  • Exhibits12: Market segments
  • Exhibits13: Chart on US - Market size and forecast 2023-2028 ($ million)
  • Exhibits14: Data Table on US - Market size and forecast 2023-2028 ($ million)
  • Exhibits15: Chart on US: Year-over-year growth 2023-2028 (%)
  • Exhibits16: Data Table on US: Year-over-year growth 2023-2028 (%)
  • Exhibits17: Historic Market Size - Data Table on Professional Development Market in US 2018 - 2022 ($ million)
  • Exhibits18: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
  • Exhibits19: Historic Market Size - Type Segment 2018 - 2022 ($ million)
  • Exhibits20: Five forces analysis - Comparison between 2023 and 2028
  • Exhibits21: Bargaining power of buyers - Impact of key factors 2023 and 2028
  • Exhibits22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
  • Exhibits23: Threat of new entrants - Impact of key factors in 2023 and 2028
  • Exhibits24: Threat of substitutes - Impact of key factors in 2023 and 2028
  • Exhibits25: Threat of rivalry - Impact of key factors in 2023 and 2028
  • Exhibits26: Chart on Market condition - Five forces 2023 and 2028
  • Exhibits27: Chart on End-user - Market share 2023-2028 (%)
  • Exhibits28: Data Table on End-user - Market share 2023-2028 (%)
  • Exhibits29: Chart on Comparison by End-user
  • Exhibits30: Data Table on Comparison by End-user
  • Exhibits31: Chart on K-12 - Market size and forecast 2023-2028 ($ million)
  • Exhibits32: Data Table on K-12 - Market size and forecast 2023-2028 ($ million)
  • Exhibits33: Chart on K-12 - Year-over-year growth 2023-2028 (%)
  • Exhibits34: Data Table on K-12 - Year-over-year growth 2023-2028 (%)
  • Exhibits35: Chart on Higher education - Market size and forecast 2023-2028 ($ million)
  • Exhibits36: Data Table on Higher education - Market size and forecast 2023-2028 ($ million)
  • Exhibits37: Chart on Higher education - Year-over-year growth 2023-2028 (%)
  • Exhibits38: Data Table on Higher education - Year-over-year growth 2023-2028 (%)
  • Exhibits39: Chart on Pre K-12 - Market size and forecast 2023-2028 ($ million)
  • Exhibits40: Data Table on Pre K-12 - Market size and forecast 2023-2028 ($ million)
  • Exhibits41: Chart on Pre K-12 - Year-over-year growth 2023-2028 (%)
  • Exhibits42: Data Table on Pre K-12 - Year-over-year growth 2023-2028 (%)
  • Exhibits43: Market opportunity by End-user ($ million)
  • Exhibits44: Data Table on Market opportunity by End-user ($ million)
  • Exhibits45: Chart on Type - Market share 2023-2028 (%)
  • Exhibits46: Data Table on Type - Market share 2023-2028 (%)
  • Exhibits47: Chart on Comparison by Type
  • Exhibits48: Data Table on Comparison by Type
  • Exhibits49: Chart on Online - Market size and forecast 2023-2028 ($ million)
  • Exhibits50: Data Table on Online - Market size and forecast 2023-2028 ($ million)
  • Exhibits51: Chart on Online - Year-over-year growth 2023-2028 (%)
  • Exhibits52: Data Table on Online - Year-over-year growth 2023-2028 (%)
  • Exhibits53: Chart on Offline - Market size and forecast 2023-2028 ($ million)
  • Exhibits54: Data Table on Offline - Market size and forecast 2023-2028 ($ million)
  • Exhibits55: Chart on Offline - Year-over-year growth 2023-2028 (%)
  • Exhibits56: Data Table on Offline - Year-over-year growth 2023-2028 (%)
  • Exhibits57: Market opportunity by Type ($ million)
  • Exhibits58: Data Table on Market opportunity by Type ($ million)
  • Exhibits59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Exhibits60: Impact of drivers and challenges in 2023 and 2028
  • Exhibits61: Overview on criticality of inputs and factors of differentiation
  • Exhibits62: Overview on factors of disruption
  • Exhibits63: Impact of key risks on business
  • Exhibits64: Companies covered
  • Exhibits65: Matrix on companies position and classification
  • Exhibits66: Adobe Inc. - Overview
  • Exhibits67: Adobe Inc. - Business segments
  • Exhibits68: Adobe Inc. - Key news
  • Exhibits69: Adobe Inc. - Key offerings
  • Exhibits70: Adobe Inc. - Segment focus
  • Exhibits71: Cast Inc. - Overview
  • Exhibits72: Cast Inc. - Product / Service
  • Exhibits73: Cast Inc. - Key offerings
  • Exhibits74: Cisco Systems Inc. - Overview
  • Exhibits75: Cisco Systems Inc. - Business segments
  • Exhibits76: Cisco Systems Inc. - Key news
  • Exhibits77: Cisco Systems Inc. - Key offerings
  • Exhibits78: Cisco Systems Inc. - Segment focus
  • Exhibits79: D2L Inc. - Overview
  • Exhibits80: D2L Inc. - Product / Service
  • Exhibits81: D2L Inc. - Key news
  • Exhibits82: D2L Inc. - Key offerings
  • Exhibits83: Deloitte Touche Tohmatsu Ltd. - Overview
  • Exhibits84: Deloitte Touche Tohmatsu Ltd. - Product / Service
  • Exhibits85: Deloitte Touche Tohmatsu Ltd. - Key news
  • Exhibits86: Deloitte Touche Tohmatsu Ltd. - Key offerings
  • Exhibits87: Discovery Education Inc. - Overview
  • Exhibits88: Discovery Education Inc. - Product / Service
  • Exhibits89: Discovery Education Inc. - Key offerings
  • Exhibits90: Harvard University - Overview
  • Exhibits91: Harvard University - Product / Service
  • Exhibits92: Harvard University - Key offerings
  • Exhibits93: John Wiley and Sons Inc. - Overview
  • Exhibits94: John Wiley and Sons Inc. - Business segments
  • Exhibits95: John Wiley and Sons Inc. - Key news
  • Exhibits96: John Wiley and Sons Inc. - Key offerings
  • Exhibits97: John Wiley and Sons Inc. - Segment focus
  • Exhibits98: McGraw Hill LLC - Overview
  • Exhibits99: McGraw Hill LLC - Product / Service
  • Exhibits100: McGraw Hill LLC - Key news
  • Exhibits101: McGraw Hill LLC - Key offerings
  • Exhibits102: Microsoft Corp. - Overview
  • Exhibits103: Microsoft Corp. - Business segments
  • Exhibits104: Microsoft Corp. - Key news
  • Exhibits105: Microsoft Corp. - Key offerings
  • Exhibits106: Microsoft Corp. - Segment focus
  • Exhibits107: Penn Graduate School of Education - Overview
  • Exhibits108: Penn Graduate School of Education - Product / Service
  • Exhibits109: Penn Graduate School of Education - Key offerings
  • Exhibits110: Project Management Institute Inc. - Overview
  • Exhibits111: Project Management Institute Inc. - Product / Service
  • Exhibits112: Project Management Institute Inc. - Key offerings
  • Exhibits113: Purdue University - Overview
  • Exhibits114: Purdue University - Product / Service
  • Exhibits115: Purdue University - Key offerings
  • Exhibits116: Scholastic Corp. - Overview
  • Exhibits117: Scholastic Corp. - Business segments
  • Exhibits118: Scholastic Corp. - Key offerings
  • Exhibits119: Scholastic Corp. - Segment focus
  • Exhibits120: UNIVERSITY OF VIRGINIA - Overview
  • Exhibits121: UNIVERSITY OF VIRGINIA - Product / Service
  • Exhibits122: UNIVERSITY OF VIRGINIA - Key offerings
  • Exhibits123: Inclusions checklist
  • Exhibits124: Exclusions checklist
  • Exhibits125: Currency conversion rates for US$
  • Exhibits126: Research methodology
  • Exhibits127: Information sources
  • Exhibits128: Data validation
  • Exhibits129: Validation techniques employed for market sizing
  • Exhibits130: Data synthesis
  • Exhibits131: 360 degree market analysis
  • Exhibits132: List of abbreviations
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