In 2023, it is predicted that the market for executive education programs in the United States would be worth USD 7,909.2 million. By 2033, it is anticipated to reach USD 15,713.0 million.
With the advent of advanced technologies and widespread use of the internet, executive education providers are increasingly incorporating digital tools and platforms into their offerings. They are making executive education programs more accessible and flexible for busy professionals.
There has been a growing recognition of the importance of language learning in developing leadership skills. Effective communication is considered to be a critical component of successful leadership.
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From 2023 to 2033, the market is expected to grow moderately with a CAGR of 7.1%. Approximately 15% to 25% of the executive education program market in the United States is derived from the broader management education industry.
The United States executive education program market is poised for substantial growth over the next decade. This growth is anticipated to be fueled by increasing adoption of digital education platforms and the integration of language learning with leadership development.
As a result, executive education programs that incorporate language learning are likely to see increased demand. It is predicted to fuel growth in the United States executive education program industry.
Key Takeaways from the United States Executive Education Program Market Study
- At present, the West and North East regions together hold a cumulative share of 50.5%.
- In terms of type, the educational institutes segment is anticipated to hold the lion’s share of 32.9% in 2023.
- Based on course category, the personal counseling/social & behavioral/leadership segment is likely to witness a CAGR of 5.5% during the projected period.
- By mode of delivery, the virtual category is estimated to contribute a share of more than 61.0% in 2023.
- Southwest region is likely to generate a considerable United States executive education program industry share of 17.0% in 2023.
Key service providers are heavily spending on innovation in educational services and working on research & development activities. They understand that in order to stay competitive in the market, they need to continuously improve and offer new & relevant programs to their clients.
Innovation in educational services is important as it helps to create new and unique learning experiences for students. It can lead to better learning outcomes and high levels of engagement. This can also enable service providers to differentiate themselves from their competitors and attract more clients.
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“Professionals who desire to enhance their careers by gaining new skills, information, and networks are the target audience for executive education programs. Nowadays a number of executive education programs are offered online, making them more available to a larger audience. It has also become simpler for professionals to juggle their job and personal obligations while seeking higher education,” – Says a lead analyst.
Competitive Landscape: United States Executive Education Program Market
With the increasing use of technology, several providers in the United States are focusing on investments in digital learning solutions such as e-learning modules, online courses, and virtual classrooms. These solutions would allow for more flexible and accessible learning experiences, particularly for remote or globally dispersed learners.
Leading players operating in the United States executive education program industry are Columbia University, MIT Sloan School of Management, Stanford Graduate School, and the Harvard School of Business among others.
- Harvard Business School
- Columbia University
- MIT Sloan School of Management
- Stanford Graduate School of Business
- Baruch College?
- Wharton School of Business
- UCLA Anderson School of Business?
- ?Kellogg School of Management?
- Stephen M. Ross School of Management?
- The University of Chicago Booth School of Business
- The University of Texas at Austin
- Cornell SC Johnson
- Rotman School of Management
- Ted Rogers
- UBC Sauder School of Business
- Durham University – Business School
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Get More Valuable Insights on the United States Executive Education Program Market
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the United States executive education program market, presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.
The study divulges compelling insights on the United States executive education program industry based on type (educational institutes, B-schools, management consultancy, industrial training institutions, personality development institutions, employment consultancies, industry associations), by course category (personal counselling/social & behavioral/leadership, marketing, organizational leadership, data analytics, enterprise management, finance & accounting, technology & IT, HR & talent management, corporate governance, entrepreneurship/self-employment, channel management, customer service, software testing, supply chain & e-commerce, industrial process & certifications, personal care & wellness, legal assistance, others), by duration (less than 1 week, 1 week to 1 month, more than 1 month), by mode of delivery (classroom, virtual, blended), and regions.
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