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Subject: MRR

US professional development market size estimated to grow by USD 3.75 billion from 2021 to 2026: A descriptive analysis of five forces model, market dynamics, and segmentation - Technavio

NEW YORK, Feb. 9, 2023 /PRNewswire/ -- According to Technavio, the US professional development market size is estimated to grow by USD 3.75 billion from 2021 to 2026. The market is expected to grow at a CAGR of 5.52% during the forecast period. Moreover, the growth momentum will accelerate. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the market. For more insights on market size, request a sample report

Professional development market in US - Five forces
The professional development market in US is fragmented, and the five forces analysis covers? 

Professional development market in US ? Customer landscape

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Professional development market in US - Segmentation assessment

Segment overview
Technavio has segmented the market based on end-user (k-12, higher education, and pre K-12) and type (online and offline). 

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Professional development market in US ? Market dynamics
Key factor driving market growth

Leading trends influencing the market 

Major challenges hindering market growth

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this US professional development market report?

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The personal development market is estimated to grow at a CAGR of 8.31% between 2022 and 2027. The size of the market is forecasted to increase by USD 755.16 million. This report extensively covers market segmentation by distribution channel (online and offline), type (self-awareness and skillset enhancement, mental health, and physical health), and geography (APAC, North America, Europe, Middle East and Africa, and South America).

US Professional Development Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 5.52%

Market growth 2022-2026

USD 3.75 billion

Market structure


YoY growth 2021-2022 (%)


Competitive landscape

Leading vendors, market positioning of vendors, competitive strategies, and industry risks

Key companies profiled

Adobe Inc., Cambridge University Press, Cast Inc., Cisco Systems Inc., City and Guilds Group, D2L Corp., Digital Learning Tree Inc., Discovery Education Inc., Edmodo, GP Strategies Corp., Houghton Mifflin Harcourt Co., John Wiley and Sons Inc., Kagan Publishing and Professional Development, Learners Edge LLC, Learning Tree International Inc., LinkedIn Corp., McGraw Hill Education Inc., Pearson Plc, Scholastic Corp., and Skillsoft Ltd.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio's consumer discretionary market reports

Table of contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by End-user

6 Market Segmentation by Type

7 Customer Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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/

SOURCE Technavio

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