Friday, July 1 2022

Online Education Market: Growing Benefits of E-Learning to Drive Growth

The key factor driving the growth of the online education market is the growing benefits of online learning. Due to the high cost and limited accessibility associated with traditional printed textbooks, educational institutions are increasingly focusing on online education. Providers also provide audio-visual content and simulation learning platforms, which can be customized to the school’s curriculum. The availability of various supporting solutions, such as Learning Management Solution (LMS) and Enterprise Resource Planning (ERP), as well as Augmented Reality (AR), Virtual Reality (VR), blended learning solutions and student assessment software, has again played a major role in increasing the demand for online education by various schools and universities.

Online education market: growing popularity of education apps is a major trend

Rising popularity of educational apps is one of the major trends supporting the growth of online education market share. Educational apps are seeing a big boost in various learning experiences, such as teaching children with disabilities. With educational apps, these children can access a range of content, using the devices’ built-in features. There are also many applications in areas such as text-to-speech reading, dyslexia, ADHD and autism. Institutions in the higher education segment use apps for activities such as assessments, distribution of educational content, and sharing schedules. In addition, technological developments such as augmented reality and virtual reality have led to the evolution of many learning applications, especially for students pursuing studies in subjects such as medical sciences and engineering, which require in-depth practical learning.

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Online Education Market: Segmentation Analysis

This market research report segments the online education market by Product (Primary and Supplementary Secondary Education (PSSE), Online Requalification and Certifications (ROC), Higher Education, Exam Preparation, and Language and Casual Learning (LCL)), Type (Primary and Further Secondary Education (PSSE), Online Retraining and Certifications (ROC), Higher Education, Test Preparation, and Language and Casual Learning (LCL)), and Geography (North AmericaACPA, Europe, South Americaand MEA).

The Technavio report provides an accurate prediction of the contribution of all segments to the growth of the Online Education market size and actionable market insights on each segment.

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Scope of the online education market

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Slowing down to a CAGR of 9.24%

Market Growth 2021-2025

$121.85 billion

Market structure

Fragmented

Annual growth (%)

11.11

Regional analysis

North America, APAC, Europe, South America and MEA

Successful market contribution

Asia-Pacific at 37%

Main consumer countries

United States, China, Germany, United Kingdom and France

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

2U Inc., Ambow Education Holding Ltd., Coursera Inc., edX Inc., iTutorGroup, LinkedIn Corp., McGraw-Hill Education Inc., Pearson Plc, Udacity Inc. and Udemy Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents

Abstract

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by type

  • Market segments
  • Comparison by type
  • Primary and Secondary Supplementary Education (PSSE) – Market size and forecast 2020-2025
  • Online Requalification and Certifications (ROC) – Market size and forecast 2020-2025
  • Higher Education – Market size and forecast 2020-2025
  • Test Preparation – Market size and forecast 2020-2025
  • Language Learning and Casual (LCL) – Market size and forecast 2020-2025
  • Market Opportunity by Type

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • 2U inc.
  • Ambow Education Holding Ltd.
  • Coursera Inc.
  • edX inc.
  • iTutorGroup
  • LinkedIn Corp.
  • McGraw-Hill Education Inc.
  • Pearson Plc
  • Udacity Inc.
  • Udemy Inc.

appendix

  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

About Technavio
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Jesse Maida
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E-mail: [email protected]
Website: www.technavio.com/

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