Online Education Market

Declining cost of online education, rising penetration of internet, expanding smartphone user base, availability of quality education, and initiatives towards digital transformation are the prime factors driving the growth of the global online education market. Advancement in communication technology has helped expansion and penetration of internet globally.

Emerging and low-income countries are adopting internet services for wide range of applications ranging from entertainment to education owing to the affordability and portability of online education.

Online education platforms allow students to access study material associated with course of interest through personal computers or smartphones over internet, thereby reducing the cost associated with tuition fees. Working professionals are shifting towards online education platform to enhance their skillset or accomplish higher education owing to the convenience, affordability, and availability of wide pool of certifications and courses.

Vast group of working population from technical work fields are opting for online certification to gain essential and dynamically changing updates related to field of work. The competition in the online education market is intensifying with declining cost of hosting and penetration of cloud services, which is anticipated to contribute towards the growth of global market.

However, availability of free content and limited awareness regarding online education are adversely impacting the growth of global online education market. The prevalence of COVID-19 across the globe has fueled the adoption of online education services for continued learning. This is anticipated to help emerge online education as a preferred means of learning in coming years.

North America contributed the largest share to the global online education market and is expected to be a dominating geography throughout the forecast period owing to strong penetration of e-learning services across the United States and Canada. Increased adoption of higher education delivery services through online education platforms by the leading academic and corporate institutes is expected to drive the growth of North America online education market in coming years.

Asia Pacific contributed a prominent share to the global market and is projected to be the fastest growing region during the forecast period. Increased adoption fueled by rising awareness, expanding youth population and availability at affordable prices are the key attributes fueling the growth of Asia Pacific online education market during forecast period.

Online Education Market Share Analysis, by Geography (2022)

The report titled “Online Education Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global Online Education market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.

The global online education market is segmented based on type, technology, learning type, end use, and geography. Based on type, the global online education market is segmented into primary and secondary supplementary education, test preparation, online certification, higher education, language & casual learning, and other. Based on technology, the global online education market is segmented into mobile e-learning, learning management system, application simulation tool, rapid e-learning, podcasts, virtual classroom, and others. Based on learning type, the global online education market is segmented into synchronous learning and asynchronous learning. Based on end use, the global online education market is segmented into academic and corporate. Based on geography, the global online education market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on online education. Further, market share of prominent companies in the global online education market would also be estimated. the study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the online education companies.

The global online education market study would take into consideration the participants engaged throughout the ecosystem of the market, along with their contribution. Product portfolio would focus on all the products under the online education business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global online education market.

Major players active in the global online education market include Adobe, Aptara, Inc., Blackboard Inc., BYJU’s, Classteacher Learning Systems, Dexler Education Pvt. Ltd, Docebo, Edmodo, Educomp Solutions, K12 Inc., Lynda.Com (LinkedIn Corporation), McGraw Hill, Pearson plc, PowerSchool, Tata Interactive Systems, and Udacity, Inc.

Market Segmented as Below: 

By Type 

• Primary And Secondary Supplementary Education
• Test Preparation
• Online Certification
• Higher Education
• Language & Casual Learning
• Other

By Technology

• Mobile E-learning
• Learning Management System
• Application Simulation Tool
• Rapid E-learning
• Podcasts
• Virtual Classroom
• Others

By Learning Type

• Synchronous Learning 
• Asynchronous Learning

By End Use

• Academic 
• Corporate