Education News

Online Education Market Recorded 11.11% Y-O-Y Grow Rate in 2021 | Driven by Growing Advantages of Online Learning

Online Education Market: Major Challenge

The key challenges affecting the growth of the e-learning and online education market is cybersecurity. With the increased digitization of education, the threats related to information security, unwarranted access, and student data privacy have increased. The key reasons for the vulnerability of the educational sector to cyberattacks include the availability of valuable user and organizational data, the lack of a centralized structure for data storage, and the unregulated use of personal digital devices. The major sources of cybersecurity threats to educational content include malware viruses, such as WannaCry, through social media, the virtualization of systems, and the consumerization of IT. Hence, the inadequacy of the cybersecurity measures adopted by educational institutions and individual learners is expected to hamper the growth of the global online education market during the forecast period.

To know about other challenges – Click Now!

Online Education Market: Segmentation Analysis

Product Outlook (Revenue, USD bn, 2020-2025)

primary and secondary supplemental education (PSSE) – size and forecast 2020-2025
reskilling and online certifications (ROC) – size and forecast 2020-2025
higher education – size and forecast 2020-2025
test preparation – size and forecast 2020-2025
language and casual learning (LCL) – size and forecast 2020-2025
Revenue Generating Segment

The online education market share growth by the primary and secondary supplemental education segment will be significant for revenue generation.
This segment includes online learning for students enrolled in primary and secondary classes. The online channel delivers a conducive educational environment to students who are in favor of individual high-quality learning. 
This segment is expected to witness high growth owing to the factors such as the growing interest of students for a detailed understanding of subjects and increased awareness among the students regarding the availability of such a mode of education, especially in developing countries. 
 Geographic Outlook (Revenue, USD bn, 2020-2025)

North America – size and forecast 2020-2025
APAC – size and forecast 2020-2025
Europe – size and forecast 2020-2025
South America – size and forecast 2020-2025

Regional Analysis:

34% of the market’s growth will originate from APAC during the forecast period.
China is a key market for online education in APAC. Market growth in APAC will be faster than the growth of the market in other regions.
The presence of a large consumer base, increasing awareness about online courses, growing Internet penetration, the adoption of smartphones, the increasing emphasis on technology by educational institutions, and favorable government initiatives will facilitate the online education market growth in APAC over the forecast period.

To know about the market contribution of each segment – Grab an Exclusive Sample
Report

Online Education Market: Vendor Analysis

The online education market is fragmented and the vendors are deploying growth strategies such as conducting research and training programs to compete in the market.

2U Inc.
Ambow Education Holding Ltd.
Coursera Inc.
edX Inc.
iTutorGroup
LinkedIn Corp.
McGraw-Hill Education Inc.
Pearson Plc
Udacity Inc.
Udemy Inc.
To know about the vendor offerings – Click Now!
Read the 120-page report with TOC on “Online Education Market Analysis Report by Product (primary and secondary supplemental education (PSSE), reskilling and online certifications (ROC), higher education, test preparation, and language and casual learning (LCL)) and Geographic (North America, APAC, Europe, South America, MEA, North America, APAC, Europe, South America, and MEA), and the Segment Forecasts,2021-2025”. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/online-education-market-industry-analysis

Get ready to achieve excellent business outcomes from this exclusive Online Education Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –

What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
What is the current trend taking place in the market space?
Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
What are market drivers, restraints, and challenges impacting demand & growth of the market?
Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
The competitive scenario provided in the Online Education Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our Online Education Market Forecast Report –  Buy Now!

Related Reports:

Online Education Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 9.24%

Market growth 2021-2025

USD 121.85 billion

Market structure

Fragmented

YoY growth (%)

11.11

Performing market contribution

APAC at 37%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

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 inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

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

Table of Content

1 Executive Summary

2 Market Landscape

2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value Chain Analysis: Education services
3 Market Sizing

3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.4 Market outlook: Forecast for 2020 – 2025
Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ billion)
Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4 Five Forces Analysis

4.1 Five forces summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition – Five forces 2020
5 Market Segmentation by Type

1 2Next page

Related Articles

Back to top button