Online Education Market – Growing Benefits of Online Learning to Drive Growth, What are the Growth Strategies of Top Players (2U Inc., edX Inc., Udacity Inc., etc.) to Compete in the Market?
New York, August 17, 2022 /PR Newswire/ — online education market The values are set to increment as follows US$121.85 billion From 2020 to 2025, according to the latest report by Technavio. His YOY growth in 2021 was estimated at 11.11%. Online education market share growth by the primary and secondary supplementary education segment will be significant during the forecast period. 37% of the market growth will come from APAC during the forecast period. In addition, the report is classified by type (primary and secondary supplementary education (PSSE), refresher and online certification (ROC), higher education, exam preparation, language and casual learning (LCL)), and geography (North America,Asia Pacific, Europe, South America, and MEA). The Online Education Market report includes several market vendors such as 2U Inc., Ambow Education Holding Ltd., Coursera Inc., edX Inc., iTutorGroup, LinkedIn Corp., McGraw-Hill Education Inc., Pearson Plc, Udacity Inc. It also provides information about , Udemy Inc., etc. Rising popularity of educational apps is one of the key trends supporting the growth of online education market share.
Key market factors
Due to the high costs and limited accessibility associated with traditional printed textbooks, educational institutions are increasingly turning to online education. Vendors also provide audiovisual content and simulation learning platforms. These can be customized according to your school’s curriculum. With the availability of a variety of supporting solutions, including learning management solutions (LMS), enterprise resource planning (ERP), augmented reality (AR), virtual reality (VR), blended learning solutions, student assessment software, and more, Increased effectiveness. It plays a big role in increasing the demand for online education by various schools and colleges.
Top 3 Challenges That Can Hinder Growth
As education becomes more digital, threats related to information security, unauthorized access, and student data privacy increase. Key reasons for the education sector’s vulnerability to cyberattacks include the availability of valuable user and organizational data, the lack of centralized structures for data storage, and the unregulated nature of personal digital devices. includes use. Major sources of cybersecurity threats to educational content include malware viruses such as WannaCry due to social media, system virtualization and the consumerization of IT. Therefore, inadequate cybersecurity measures adopted by educational institutions and individual learners are expected to hamper the growth of the global online education market during the forecast period.
See overview of online education market Research report to find out more
Online Education Market 2021-2025: Scope
Technavio researches, integrates, and aggregates data from multiple sources to present a detailed picture of the market. This report covers the following areas:
Online Education Market 2021-2025: Key Highlights
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Market CAGR during the forecast period 2021-2025
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Detailed information on the factors that will boost the growth of the online education market over the next five years
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Estimation of Online Education Market Size and Contribution to Parent Market
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Predictions about future trends and changes in consumer behavior
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Growth of online education market
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Analysis of market competitive landscape and detailed information about vendors
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Comprehensive details of the factors that will challenge the growth of the online education market, vendors
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See overview of US Online Higher Education Market Research Report Growth, Size, Trend, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026: market value is US$33.35 billionAccording to Technavio’s latest report, the CAGR from 2021 to 2026 is 19.82%. Increasing use of wearable gadgets is a key trend in the growth of the online higher education market in the United States.
Market reach of online education |
|
report coverage |
detail |
page number |
120 |
base year |
2020 |
Forecast period |
2021-2025 |
Growth Momentum and CAGR |
Deceleration at a CAGR of 9.24% |
Market growth 2021-2025 |
$121.85 billion |
market structure |
fragmented |
YoY growth rate (%) |
11.11 |
Regional analysis |
North America, APAC, Europe, South America, MEA, North America, APAC, Europe, South America, MEA |
Execution of market contribution |
Asia Pacific 37% |
Main consumption country |
USA, China, Germany, UK, France |
competitive environment |
Scope of major companies, competitive strategies and consumer engagement |
Company profiled |
2U Inc., Ambow Education Holding Ltd., Coursera Inc., edX Inc., iTutorGroup, LinkedIn Corp., McGraw-Hill Education Inc., Pearson Plc, Udacity Inc., Udemy Inc. |
market dynamics |
Parent market analysis, market growth drivers and impediments, fast and slow growth segment analysis, impact of COVID 19 and future consumer dynamics, and market landscape analysis for the forecast period. |
Customization preview |
If the data you’re looking for isn’t in the report, contact an analyst to customize the segment. |
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table of contents:
1.executive summary
2 Market Outlook
3 Market size
4 Five Forces Analysis
Market Segmentation by 5 Types
6 Customer landscape
7 Geographical landscape
8 Factors, Challenges and Trends
9 Vendor Landscape
10 vendor analysis
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