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U.S. Education Market Size & Share to Surpass $1.5 Trillion by 2028 | Vantage Market Research

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WASHINGTON, March 30, 2023 (GLOBE NEWSWIRE) — Global U.S. Education Market is valued at USD 1.2 Trillion in 2021 and is projected to reach USD 1.5 Trillion by 2028 at a CAGR of 4.3% over the forecast period 2022-2028.

U.S. Education Market Overview

The U.S. education market is a diverse and complex ecosystem that includes public and private institutions of all levels, from early childhood education to postgraduate studies. The U.S. education system is decentralized, with each state having its own education system and policies, which can vary widely.

This market includes various segments, such as K-12 education, higher education, and vocational and career training. Each of these segments has its own unique characteristics and trends.

The K-12 education segment in the U.S. is primarily funded by public sources, with some private schools and home-schooling options available. The COVID-19 pandemic has greatly impacted this segment, with many schools shifting to remote learning and hybrid models. Additionally, the pandemic has highlighted disparities in education access and quality, particularly for marginalized communities.

The higher education segment in the U.S. is a diverse market that includes community colleges, four-year universities, and graduate schools. The market is highly competitive, with many institutions vying for students and funding. In recent years, there has been a trend towards alternative education models, such as online and competency-based education, as well as a growing focus on workforce development and career-oriented programs.

The vocational and career training segment of the U.S. education market is experiencing growth, as many individuals seek alternative paths to traditional higher education. This segment includes vocational schools, technical colleges, and apprenticeship programs, which provide training in specific skills and trades.

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Market Dynamics

The U.S. education market is influenced by a variety of market dynamics that impact its growth and development. Here are some of the key market dynamics affecting the U.S. education market:

Demographics: The demographic makeup of the U.S. is changing, with an increasing number of diverse students entering the education system. This includes a growing population of English language learners and students from low-income backgrounds. These changing demographics are influencing the types of education programs and services that are needed to support student success.

Technology: Technology is transforming the way education is delivered, with many schools and institutions adopting online learning, personalized learning, and other digital tools and platforms. Technology is also creating new opportunities for education providers to reach students in new and innovative ways.

Funding: The U.S. education market is heavily reliant on public funding, which can be subject to economic and political factors. Changes in funding levels can impact the availability and quality of education programs and services.

Workforce demand: The education market is influenced by the demands of the workforce, with employers seeking workers with specific skills and training. This is leading to a growing emphasis on career and technical education programs that provide students with practical, job-specific skills.

Regulation: The U.S. education market is subject to a complex set of regulations and policies at the federal, state, and local levels. These regulations can impact the availability and quality of education programs and services, and can create barriers to entry for new education providers.

Top Players in the Global U.S. Education Market

  • Adobe Systems Inc.
  • Cisco Systems Inc.
  • Educomp Solutions Ltd.
  • Desire2Learn
  • NIIT Limited
  • Blackboard Inc.
  • Pearson PLC
  • AWE Acquisition Inc.
  • SumTotal Systems Inc.
  • McGraw-Hill Education
  • Tata Interactive Systems
  • ABCmouse.com
  • Saba Software Inc.
  • Promethean Inc.
  • Ellucian Company

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Top Report Findings

  • COVID-19 Impact: The COVID-19 pandemic has had a significant impact on the U.S. education market, with many schools and institutions shifting to remote learning and hybrid models. The pandemic has also highlighted disparities in education access and quality, particularly for marginalized communities.
  • Online Learning: The adoption of online learning in the U.S. education market has been accelerated by the COVID-19 pandemic, with many schools and institutions adopting digital tools and platforms to deliver education remotely. This trend is expected to continue, as online learning offers flexibility and access to education.
  • Rising Costs: The cost of education in the U.S. continues to rise, with many students facing increasing levels of debt. This has led to a growing demand for alternative education models and increased scrutiny of the value of a traditional college education.
  • Workforce Development: There is a growing emphasis on workforce development and career-oriented programs in the U.S. education market, as employers seek workers with specific skills and training. This trend is driving growth in vocational and career training programs.
  • Diversity and Inclusion: The U.S. education market is becoming increasingly diverse, with a growing population of English language learners and students from low-income backgrounds. This is leading to a greater emphasis on diversity and inclusion in education programs and services.
  • Private Investment: Private investment in the U.S. education market is growing, with investors seeing education as an attractive market with significant potential for innovation and growth.

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Top Trends in the Global U.S. Education Market

  • Online Learning: The adoption of online learning in the U.S. education market has been accelerated by the COVID-19 pandemic, with many schools and institutions adopting digital tools and platforms to deliver education remotely. This trend is expected to continue, as online learning offers flexibility and access to education.
  • Personalized Learning: Personalized learning, which tailor’s instruction to meet the needs of individual students, is a growing trend in the U.S. education market. This approach leverages technology and data analytics to provide targeted instruction and support to students.
  • Alternative Education Models: There is a growing demand for alternative education models, such as competency-based education, apprenticeships, and bootcamps, which offer more flexible and affordable pathways to career advancement.
  • Skills-based Education: The U.S. education market is placing a greater emphasis on skills-based education, which provides students with practical, job-specific skills. This trend is driven by the demands of the workforce, as employers seek workers with specific skills and training.
  • EdTech Innovation: The U.S. education market is a hotbed of innovation in EdTech, with new startups and established companies alike developing new tools and platforms to enhance teaching and learning.
  • Internationalization: The U.S. education market is becoming increasingly globalized, with more international students enrolling in U.S. institutions and more U.S. institutions establishing international partnerships and campuses.

Global U.S. Education Market Segmentation

By Type

  • Cloud
  • On-Premise

By Content

  • Audio-Based Content
  • Video-Based Content
  • Text Content

By Smart Learning Mode

  • Collaborative Learning Plant
  • Virtual Instructor Led Training
  • Simulation Based Learning
  • Adaptive Learning
  • Social Learning
  • Blended Learning
  • Webinars

By Component

  • Hardware
  • Software
  • Service

By End User

  • Higher Education Institutes
  • K-12
  • Pre-K

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Browse market data Tables and Figures spread through 145 Pages and in-depth TOC on U.S. Education Market Forecast Report (2022-2028).

Scope of the Report:    

Report Attributes Details
Market Size in 2021 USD 1.2 Trillion
Revenue Forecast by 2028 USD 1.5 Trillion
CAGR 4.3% from 2022 to 2028
Base Year 2021
Forecast Year 2022 to 2028
Key Players Adobe Systems Inc., Cisco Systems Inc., Educomp Solutions Ltd., Desire2Learn, NIIT Limited, Blackboard Inc., Pearson PLC, AWE Acquisition Inc., SumTotal Systems Inc., McGraw-Hill Education, Tata Interactive Systems, ABCmouse. Com, Saba Software Inc., Promethean Inc., Ellucian Company
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Regional Analysis

  • Northeast: The Northeast region is home to many prestigious colleges and universities, as well as highly-ranked public school systems. Education funding in the Northeast tends to be higher than in other regions, and there is a strong emphasis on college-preparatory education.
  • Midwest: The Midwest region is known for its strong public-school systems and community colleges, which provide affordable pathways to higher education. There is also a growing emphasis on vocational and career-oriented education in the Midwest.
  • South: The South has a diverse education landscape, with some of the highest performing and lowest performing school systems in the country. Education funding in the South tends to be lower than in other regions, and there are significant disparities in education access and quality for marginalized communities.
  • West: The West region is known for its innovation in EdTech and alternative education models, such as competency-based education and apprenticeships. There is also a growing emphasis on bilingual and multicultural education in the West, as the region has a large population of English language learners and immigrant communities.
  • Rural vs. Urban: There are significant differences in education access and quality between rural and urban areas in the U.S. Rural areas tend to have fewer education resources and higher rates of poverty, while urban areas may have more diverse student populations and higher levels of funding.

Key Questions Answered in the U.S. Education Market Report are:

  • What is the size and growth potential of the U.S. education market?
  • What are the key drivers and challenges facing the U.S. education market?
  • What are the latest trends and innovations in the U.S. education market?
  • What are the key segments and sub-segments of the U.S. education market, and what are their respective market shares?
  • What is the competitive landscape of the U.S. education market, and who are the leading players?
  • What are the regulatory and policy frameworks governing the U.S. education market?
  • What are the current and future opportunities for investment in the U.S. education market?
  • What are the key market entry and growth strategies for education providers in the U.S. education market?
  • What are the emerging technologies and platforms that are shaping the U.S. education market?
  • How is the COVID-19 pandemic impacting the U.S. education market, and what are the short- and long-term implications?

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Pearson augments nursing content with generative AI study tools to improve nursing education and address shortages

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HOBOKEN, N.J., May 17, 2024 /PRNewswire/ — Pearson (FTSE: PSON.L), the world’s leading learning company, today announced the integration of AI study tools into its Nursing: A Concept-Based Approach to Learning series, the only nursing concepts curriculum built from the ground up as a comprehensive, cohesive learning system.

Pearson’s AI study tools combine the power of generative AI technology with trusted Pearson content to provide scaffolded, guided help when students are stuck on homework problems, and personalized explanations, summaries, and practice problems for more efficient studying.
“Integrating AI study tools into our concept-based nursing series enhances the learning experience, giving nursing students and nurse educators the resources they need to efficiently study and master course concepts,” said Anne Fahlgren, GM of Pearson’s professional portfolio. “This technology will help more nursing candidates prepare for and enter the workforce, while also giving nurse educators the means to scale their teaching further, addressing major challenges in nursing education and society.”
The AI study tools beta will be available both in Pearson+ eTextbook and the accompanying MyLab Nursing course in time for Fall 2024. MyLab is an interactive teaching and learning platform, backed by content from Pearson authors. The platform, with integrated eTextbook, allows instructors to design their course, assign homework and assessments, and monitor student progress in real time.
The US is experiencing shortages of nurses and nurse educators. The National Academy of Medicine’s 2021 report on The Future of Nursing: 2020-2030 notes that, in order to provide sufficient care for an aging population over the next decade, a substantial increase in the nursing workforce will be needed that can practice “in community-based settings with diverse populations that face a variety of lived experiences.” The NAM’s report also references hundreds of nursing faculty position vacancies that have contributed to tens of thousands of qualified applicants being turned away from nursing school admission due to the inability to adequately meet student demand.
Concept-based nursing curriculum is designed to focus on key concepts emphasizing a holistic understanding of nursing principles that can be applied across different patient populations, healthcare settings, and situations. This approach strengthens clinical reasoning skills in the course of patient care. Incorporating generative AI tools into Pearson’s concept-based nursing content supports nurse educators in scaling their teaching and students’ ability to study more efficiently.
Dr. Michelle Aebersold, University of Michigan School of Nursing Clinical Professor and contributor to Nursing: A Concept-Based Approach to Learning, said “Technological advancements like generative AI are transforming the nursing profession. The ability to adapt in a rapidly changing environment is a critical healthcare skill, whether it’s in the course of patient care or in preparing our future nurses for the workforce. The ability of the AI study tools to provide a more user-centered, customized experience is a huge benefit for our students. I’m glad they will have access to Pearson’s AI tools that accommodate the variety of ways students learn and provide personalized support in the moment students need it most. This is the future of individualized learning.”
A Fall 2023 survey of students using Pearson’s AI study tools beta showed strong levels of engagement, with 75% of respondents saying the tools were helpful or very helpful to their studies.
The inclusion of generative AI study tools further solidifies Pearson’s dedication to providing the most comprehensive and effective learning and teaching resources for nursing students and nurse educators across the US. Pearson’s AI study tools are already available in more than 30 Pearson Mastering titles and are set to be integrated into more than 40 Pearson+ eTextbooks and MyLab and Mastering titles across math, science, business, and nursing for August of 2024.
Pearson is committed to investing in the responsible application of AI to advance product innovation and enhance the learning experience to educate, certify, and credential students and the workforce.
Pearson product experts are available to demo the AI study tools for members of the media. Please request demonstrations with the media contact below.
About Pearson
At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c. 18,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world’s leading learning company, serving customers in nearly 200 countries with digital content, assessments, qualifications, and data. For us, learning isn’t just what we do. It’s who we are. Visit us at pearsonplc.com.
Media [email protected]
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Brainomix Achieves Breakthrough with FDA Clearance of e-Lung AI Software

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Established market leader in stroke AI imaging receives its first FDA clearance in the lung imaging space.With this expanded foundation of AI-driven healthcare solutions, the Oxford-based company remains committed to driving innovation and delivering impactful advancements in imaging biomarkers.OXFORD, England, and CHICAGO, May 17, 2024 /PRNewswire/ — Brainomix, a pioneer in artificial intelligence (AI) imaging solutions to enable precision medicine, is proud to announce the FDA clearance of its latest product, Brainomix 360 e-Lung. Brainomix’s entry into the lung imaging space follows a series of successful clearances and widespread clinical adoption of its Brainomix 360 Stroke platform in both the US and Europe.

The clearance of e-Lung marks a significant milestone in Brainomix’s journey to expand its footprint in medical imaging beyond stroke-related applications and represents a notable step forward in the quest for advanced lung imaging solutions. The company, with its rich academic heritage and record of scientific excellence, will expand its research collaborations in the pulmonology space to yield new insights to inform future iterations of e-Lung and chart a path towards continual improvements for the lung imaging technology.
Dr Deji Adegunsoye, Assistant Professor of Medicine and Scientific Director of the Interstitial Lung Disease Program at University of Chicago Medicine, said: “This is an exciting step for Brainomix, who have a demonstrated track record of developing novel AI-based solutions in stroke and are now applying that expertise to develop innovative tools in the lung space. The preliminary data for e-Lung is impressive and would indicate that we have a promising tool that could help to expedite healthcare delivery and improve clinically meaningful outcomes for patients with lung disease.”
Brainomix recently announced the publication of a new study1 in the prestigious peer-reviewed journal American Journal of Respiratory and Critical Care Medicine (AJRCCM), resulting from a research collaboration with AstraZeneca. The results showed that Brainomix’s proprietary lung imaging biomarkers, which include the weighted reticulovascular score (WRVS), stratified patients at risk of Idiopathic Pulmonary Fibrosis (IPF) progression, outperforming standard measures.
Dr Michalis Papadakis, CEO and Co-Founder of Brainomix, said: “We are harnessing our expertise in AI-powered imaging to develop novel biomarkers in other disease indications where AI can support imaging-based diagnostic and treatment decisions.
“This e-Lung FDA clearance reflects our focus on developing innovative solutions that empower healthcare professionals with cutting-edge tools for sophisticated disease evaluation, enhancing access to treatments that can ultimately work to improve patient outcomes.”
Brainomix will be presenting its latest e-Lung data at the American Thoracic Society (ATS) annual conference in San Diego May 17th – 22nd, including results from research collaborations with Heidelberg University and with Seattle-based Avalyn Pharma.
Am. J. Respir. Crit. Care Med.: 2024 Feb 16 – e-Lung CT Biomarker Stratifies Patients at Risk of IPF Progression in a 52-Week Clinical Trialhttps://www.atsjournals.org/doi/abs/10.1164/rccm.202312-2274LEAbout Brainomix
Brainomix specializes in the creation of AI-powered software solutions to enable precision medicine for better treatment decisions in stroke and lung fibrosis. With origins as a spin-out from the University of Oxford, Brainomix is an expanding commercial-stage company with offices in the UK, Ireland and the USA, and operations in more than 30 countries. A private company, backed by leading healthtech investors, Brainomix has innovated award-winning imaging biomarkers and software solutions that have been clinically adopted in hundreds of hospitals worldwide. Its first product, the Brainomix 360 stroke platform, provides clinicians with the most comprehensive stroke imaging solution, driving increased treatment rates and improving functional independence for patients.
To learn more about Brainomix and its technology visit www.brainomix.com, and follow us on Twitter, LinkedIn and Facebook.
Contacts
Jeff Wyrtzen, Chief Marketing & Business Development [email protected] +44 (0)7927 164210T +44 (0)1865 582730
Media enquiries
Charles ConsultantsSue [email protected] M +44 (0)7968 726585
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CUBE acquires global regulatory intelligence businesses from Thomson Reuters

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LONDON, May 17, 2024 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), announces today its acquisition of the Thomson Reuters Regulatory Intelligence and Oden products and businesses.

The acquisition of these global businesses represents a major step forward in CUBE’s growth plans. It will deliver significant scale across many of the world’s leading and systemically important financial institutions. CUBE’s existing global customer base will be expanded to total approximately 1,000 customers in banking, insurance, asset and investment management, payments and adjacent regulated industries.
CUBE’s global employees will expand to 600, of which close to 250 are highly qualified regulatory subject matter experts, legal and compliance professionals.
Ben Richmond, founder and CEO of CUBE said: “Thomson Reuters is known to be the biggest and best in the industry for providing regulatory expert analysis and subject matter expertise, alongside world-leading journalism and news. The combination of CUBE’s purpose-built AI, with the years of content curated by Thomson Reuters Regulatory Intelligence and Oden expert analysts, will accelerate innovation. Together, we will deliver regulatory transformation capabilities for our global customers that could only have been imagined before.”
Richmond continues: “This combination will provide tremendous scale and depth across CUBE’s regulatory content and technology. It is a significant step toward creating an industry-defining regulatory compliance and risk platform that will benefit all customers and elevate the industry as a whole.”
Through this acquisition, CUBE will provide an expanded and comprehensive selection of specialized regulatory intelligence and regulatory change services, committed to excellence, quality, and highly contextualised and meaningful regulatory content for customers. By combining cutting-edge technology and subject matter expertise at scale CUBE will set a new bar for the industry in regulatory automation and content.
Chris Maguire, General Manager, Risk and Fraud, Corporates, Thomson Reuters said: “It was clear to us that CUBE had established itself as a leading regulatory intelligence provider for global enterprise clients in the financial services and insurance sectors. We wanted to ensure our customers and employees could work with an organisation that would continue to innovate and significantly invest in solutions like Thomson Reuters Regulatory Intelligence and Oden. We are working tirelessly to ensure a seamless and value-enhancing transition for customers and employees, and we are looking forward to working with the CUBE team during this transition.” 
Christopher Fielding, Hg, said: “We’re delighted to further extend our market reach, bringing in two high quality and complementary global businesses to the CUBE platform.”
Thomas Martin, Hg, added: “We see these acquisitions as enabling further innovation in the regulatory intelligence and change management sector, leading to strengthened demand for these quality solutions across the globe.”
The terms of the transaction will not be disclosed.
About CUBE
CUBE provides a highly comprehensive and robust source of classified, and meaningful AI-driven regulatory data to power its Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM) solutions. CUBE’s purpose-built regulatory technology including its AI engine (RegBrain) and software platform (RegPlatform) tracks, analyses, and monitors laws, rules, and regulations in every country and in every published language to create an always up-to-date regulatory footprint that transforms visibility and compliance capability for customers across the globe.
With operations across Europe, North America, Canada, Asia, and Australia, CUBE serves a diverse and global base of customers and partners including the largest financial institutions in the world who leverage CUBE’s platform to streamline their complex regulatory intelligence and change management processes.
Following the strategic partnership with Hg in March 2024, CUBE announced the acquisition of US-based Reg-Room in May 2024.
About Hg
Hg supports the building of sector-leading enterprises that supply businesses with critical software applications or workflow services, delivering a more automated workplace for their customers.
This industry is characterised by digitisation trends that are in early stages of adoption and are set to transform the workplace for professionals over decades to come. Hg’s support combines deep end-market knowledge with world class operational resources, together providing compelling support to entrepreneurial leaders looking to scale their business – businesses that are well invested, enduring and serve their customers well.
With a vast European network and strong presence across North America, Hg’s 400 employees and around $70 billion in funds under management support a portfolio of around 50 businesses, worth over $140 billion aggregate enterprise value, with over 110,000 employees, consistently growing revenues at more than 20%.
About Regulatory Intelligence
Regulatory Intelligence is a proactive, connected, and comprehensive solution that tracks and analyses regulatory changes within ~2,000 regulatory bodies and rulebooks for more than 20 countries. It enables banking, financial services, and insurance (BFSI) sectors to manage exposure to operational, regulatory, and compliance risk.
About Oden
Oden State Rules and Regulations (SR&R), Oden Policy Terminator/Sentry PT, and OdenTrack provide repositories and automated solutions for complying with state rules and regulations on the provisioning of Personal and Business Insurance in the US.

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