Latest News- Professional Development Market in US: K-12 is expected to lead the End-user segment during 2025-2029

The Professional Development Market in US is being driven by Technological innovations that complement professional development courses

The Professional Development Market in US is expected to grow at a CAGR of 6.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 5.56 billion. The surge in smartphone usage and Internet connectivity in the US market significantly bolsters the adoption of mobile learning for professional development. Mobile learning offers educators the flexibility to access educational content on-demand, thereby eliminating time constraints. This innovative approach to learning also fosters collaboration, enabling educators to share resources and engage in productive discussions. Furthermore, mobile learning is increasingly utilized for certification and licensure exam preparation. Companies can distinguish themselves from competitors by integrating mobile learning as a supplementary or alternative methodology to traditional offline training. For example, Udemy, a leading educational platform, introduced a mobile learning initiative in October 2024. This initiative includes a new mobile app feature, allowing users to download courses for offline access, engage in interactive quizzes, and receive instant feedback. 

Get more information on Professional Development Market in US by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • K-12
  • Higher education
  • Corporate/Organisation
• Type
  • Online
  • Offline
• Product
  • Career advancement
  • Skill enhancement
  • Compliance and regulatory requirements
  • Personal growth
• Career Type
  • Entry-level
  • Mid-level
  • Senior-level
  • Executive education
• Delivery Method
  • Blended Learning
  • Workshops
  • Coaching
• Geography
  • US

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Technological innovations that complement professional development courses
• Growing importance of STEM education
• Emphasis on digital and online learning

However, the market also witnesses some limitations, which are as follows:

• Increasing popularity of open educational resources
• Unstructured nature of professional development courses
• Lack of proper metrics to measure efficacy of training

Benefits of Buying Global Professional Development Market in US Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Professional Development Market in US Research Report

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

In the US Professional Development market, eLearning content and course authoring tools are key components for delivering effective training. Learning analytics, knowledge management, and talent acquisition are essential for identifying skills gaps and creating development plans. Competency models, needs assessment, and performance improvement ensure training effectiveness. Career paths, professional growth, and development plans foster employee retention. Knowledge transfer, sharing, and communities of practice promote continuous learning through on-demand, self-paced, and instructor-led training, expert networks, and learning networks.

Market Research Overview

In the professional development market of the US, firms provide online courses, training programs, and utilize e-learning platforms to deliver corporate training and skill development solutions. Effective pitching and profiling operations are crucial, ensuring a clear understanding of industry and client business needs, proposing superior value propositions, and building networks and brands to attract top talent and referrals. Streamlined resourcing and communication operations enable firms to optimize workflows, manage projects efficiently, engage clients effectively, and enhance client satisfaction, ultimately increasing perceived value.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/