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U.S. Education Market to Hit $1.96 Trillion by 2025

A new forecast values the business of education in the United States at $1.96 trillion by the year 2025.

That figure includes K–12, higher education, corporate training/e-learning and child care — the largest segment of which is K–12 education in terms of size and growth, according to the report, US Education Market (K-12, Post-Secondary, Corporate Training & Child Care): Insights & Forecast with Potential Impact of COVID-19 (2021-2025), from ResearchAndMarkets.com. Early education and a "rising population of children under 5" were cited as two of the significant growth factors for K–12.

Other trends driving the market cited in the report included: "increasing demand for skilled labor, international demand for US education, rising blended learning, increasing education funding and greater use of technology in [the] education sector."

The $1.97 trillion figure anticipates a compound annual growth rate of 3.77 percent, starting with $1.57 trillion in 2019.

The complete report is available on the Research and Markets site for $1,250 for a single-user license.

About the Author

David Nagel is the former editorial director of 1105 Media's Education Group and editor-in-chief of THE Journal, STEAM Universe, and Spaces4Learning. A 30-year publishing veteran, Nagel has led or contributed to dozens of technology, art, marketing, media, and business publications.

He can be reached at [email protected]. You can also connect with him on LinkedIn at https://www.linkedin.com/in/davidrnagel/ .


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