Click here to receive your FREE subscription to Campus Technology

Home > 2007 U.S. Electronic Learning Market Tops $13 Billion

News

2007 U.S. Electronic Learning Market Tops $13 Billion

11/30/2007

By David Nagel

In the United States, the demand for self-paced electronic learning products will hit $13.6 billion by the end of 2007 and will continue to grow at a compound annual growth rate (CAGR) of 22.01 percent over the next five years. This according to a new forecast from Ambient Insight detailed in report released this week entitled, "The U.S. Market for Self-paced eLearning Products and Services: 2007-2012 Forecast and Analysis."

According to the report, which revises a previous forecast from Ambient Insight, the preK-12 and higher education segments are among the top four fueling growth through 2012. PreK-12 ties for the top spot with non-profits/associations, both of which are expected to grow at a CAGR of about 41 percent through 2012. The higher education segment comes in behind the healthcare industry in the No. 4 slot at a five-year CAGR of about 23 percent.

According to the report, "The fastest growing buying segments are the prek-12, non-profit and association, and healthcare segments. The segments with the slowest demand are the most mature buying segments: federal government and corporate. The growth may have slowed in these segments, but the revenues are significant. For example, corporations will be the largest buyers through the forecast period."

The research covers six types of self-paced electronic learning products: IT packaged content, non-IT packaged content, custom content and technology services, learning platform hosting services, software tools, and installed learning platform technology. Of these, hosting services, custom content services, and non-IT packaged content are expected to grow the most, at 49.7 percent, 33.5 percent, and 21.9 percent, respectively.

Some other findings from the report include:
An executive summary of the report with further details and definitions of categories is available online at the link below. The full report runs $9,125 for an organizational site license.

Read More:


About the author: Dave Nagel is the executive editor for 1105 Media's educational technology online publications and electronic newsletters. He can be reached at dnagel@1105media.com.

Have any additional questions? Want to share your story? Want to pass along a news tip? Contact Dave Nagel, executive editor, at dnagel@1105media.com.

Cite this Site

David Nagel, "2007 U.S. Electronic Learning Market Tops $13 Billion," Campus Technology, 11/30/2007, http://www.campustechnology.com/article.aspx?aid=56379

copy text (above) for proper citation



Recommended Reading
  • Talisma Launches New Version of CRM with Built-in Application Management

    Talisma Corp. announced version 8.0 of its constituent relationship management (CRM) application for higher education. The new release includes application management, a revamped user interface, two-way text messaging, personalized Web portals, and an ADA-compliant Web client, among other enhancements.

  • Bringing Composers into Classrooms Through Skype

    Two Pennsylvania teaching colleagues with an interest in music and technology are bringing remote experts into classrooms at almost no cost, using Skype's free videoconferencing technology.

  • Columbia U Going Live on iTunes U

    Columbia University has been beta testing its content through iTunes U, the Apple desktop media player for education-related podcasting. The New York-based university expects to go live with its release at the start of the fall semester.

  • Let the Games Begin! Google vs. Microsoft

    Pursuing a strategy as a consumer of services and choice, Drexel University has partnered with both Google and Microsoft to provide students with massive e-mail mailboxes, gigabytes of file storage with collaboration tools, Web-based calendars, personal blogs, and more.

  • Ferrum College Enrolls Juniper Networks To Extend 10 Gigabit Ethernet

    Ferrum College in southwestern Virginia has chosen to replace its campus-wide legacy Cisco network infrastructure with Juniper Network switching, network access control (NAC), and firewall/virtual private network (VPN) solutions. The college chose the new equipment after deciding to extend 10 Gigabit Ethernet (10GbE) throughput across the network in support of advanced voice over IP (VoIP) by fall 2009.

  • Tiffin U's New Online College to Use Pearson's eCollege for Course Management

    Beginning this fall, students in Tiffin University's newest online program, Ivy Bridge College, will use eCollege, a course management system from Pearson, for all of their online courses. The 2,350-student Tiffin U is located in Tiffin, OH and offers both on-campus and online classes. Since 2005, those online courses have been managed through Jenzabar Internet Campus Solution.

Related Articles

send e-mail link to articleEmail this article

print this articlePrintable Format