First Research US Industry Profile

Already a subscriber?  Login >>

View Sample
Education & Training Software
SIC Codes: 7372
NAICS Codes: 511210
Last Quarterly Update: 5/16/2022
Companies in this industry design, develop, market, and support software used in education and training. Major companies include Anthology, Blackboard, Renaissance Learning, Rosetta Stone, and SkillSoft (all based in the US); as well as software divisions of publishers such as Cengage Learning and Scholastic Corporation and training units of diversified software providers such as Oracle and SAP. Top firms based outside the US include Affero Lab (Brazil), NIIT (India), and Promethean World (the UK).
The worldwide e-learning market, which includes education and training software, is forecast to reach about $250 billion in 2020 at a 21% compound annual growth rate (CAGR) between 2021 and 2027, according to Global Market Insights. The market is forecast to grow to $1 trillion by 2027. North America & Europe, the Asia/Pacific region, and Middle East & Africa are the growth drivers for e-learning market.
The US software industry includes about 15,000 establishments, with a total annual revenue of about $280 billion.
The US education and training software industry is a subset of the computer software industry, which is covered in a separate industry profile.
Competitive Landscape
Demand is driven by corporate, institutional, and consumer spending. The profitability of individual companies depends on technical expertise and effective marketing. Large companies enjoy economies of scale in marketing and customer support. Small companies compete mainly by targeting niche markets or developing new technology. The US industry is concentrated; the 50 largest companies account for about 70% of revenue for the segment.
Products, Operations & Technology
Major products include software for training students, employees, and consumers. Using education and training software online is often referred to as e-learning. ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

01/17/2022
10/11/2021
08/09/2021
05/03/2021
01/25/2021
08/24/2020
05/27/2020
02/24/2020
04/01/2019
12/24/2018
09/24/2018
06/25/2018
03/26/2018
12/18/2017
09/18/2017
06/19/2017
03/20/2017
12/12/2016
09/12/2016
06/13/2016
03/14/2016
12/07/2015
09/07/2015
06/15/2015
03/16/2015
12/15/2014
09/22/2014