U.S. Continuing Education Market 2023 - 2028: Significant Developments in Healthcare and Engineering Industries - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--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.

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.

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

Market Dynamics

Opportunities & Trends

• Advanced Technologies Transforming Continuing Education
• Emerging Fields for Continuing Education
• Badging, Micro Credential, and Blockchain Credential Distribution in Continuing Education
• ChatGPT is the Future of Continuing Education

Growth Enablers

• Increased Competitiveness Among Industries
• Increasing Demand for Professional Development
• Significant Developments in Healthcare and Engineering Industries
• Implementation of Hybrid Delivery Platforms for Continuing Education

Restraints

• Biased Content Delivery in Industry Sponsored Continuing Education
• Challenges in Ce Program Deliveries & Alternative Platforms
• Challenges in Maintaining CME Credits in Healthcare Sector

Market Segmentation

by Delivery Mode

• Classroom Learning
• E-learning
• Regularly Schedules Series
• Journals
• Others

by Profession

• Healthcare Workers
• Engineers
• Accountants
• Educators
• Architects
• Lawyers
• Others

by Providers

• Educational Institutions
• Educational Companies
• Non-profit Organizations
• Others

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

For more information about this report visit https://www.researchandmarkets.com/r/mopxc1

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