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Online Education Market 2020 – 2023: New Technologies, Size, COVID – 19 Analysis, Growth, Segments and Global Trends

Online Education Market Scenario:

As per the analysis by Market Research Future Reports (MRFR), the global online education market is estimated to grow at a CAGR of 28.55% with a value of USD 423 billion from 2017 to 2023. The current global situation, i.e., the outbreak of corona, has influenced the global online education market 2020. Online education has grown significantly since the only education mode available at a time like this is only online. An increase in the usage of the internet opened the avenues for the education sector as well. With the development of technology and demand for innovation, the global online education market is likely to grow exponentially during the forecast period.

Moreover, the online education market is likely to expand due to the rising demand for adaptive learning. With the sector players exhibiting the addition of advanced tech products, the Online Education Market will expand rapidly during the review period. Besides, the increasing focus of companies on collaborating and product development to attain traction globally. The rising demand to lessen the cost of education, increasing initiatives taken by the government to promote the online education mode has also contributed significantly to the expansion of the market at the global level. However, the availability of enormous content and lack of awareness is an obstacle in the expansion of the market.

The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Online Education Market. The growth sectors of the Online Education Market are identified with precision for a better growth perspective.

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Major Key Players:

The forefront players of the global online education market Classteacher Learning Systems (India),  Pearson PLC (UK), Lynda.Com (US),  McGraw-Hill Education (US), Aptara Inc. (US), Blackboard Inc. (US), Adobe Systems Inc. (US), Edmodo (US), Docebo (Canada), PowerSchool Group LLC (US), K12 Inc. (US), Tata Interactive Systems (India), Udacity, Inc. (the US), and a few more.

Market Segmentation:

The global online education market can be classified on the basis of vertical, component, learning type, product, and region.

  • On the basis of vertical, the global online education market can be segregated into Industry and Professionals, Higher Education, K-12, and others.
  • On the basis of components, the global online education market can be segregated into Software (Courseplay, Worldclass, Yuja, and Others) and Hardware (Mobile, Laptop, PC, and Others).
  • On the basis of learning type, the global online education market can be segregated into Asynchronous (e-mail, Social Networking, Digital Curriculum Material, and Discussion Boards) and Synchronous (Voice, Live Streaming, Chat, and Video).
  • On the basis of product, the global online education market can be segregated into Services (Test Preparation, Primary and Secondary Supplementary Education, Higher Education and Language, Online Certification, and Others) and Content (Arts, Commerce, Management, Technical, and Others).
  • On the basis of region, the global online education market can be segregated into Asia-Pacific, North America, Europe, and the Rest of the World (RoW).

Regional Study:

The regional segment can be segregated into Asia-Pacific, North America, Europe, and the Rest of the World (RoW). Among all, the North American market sized the maximum market share accounting 43% in 2016 with a market value of USD 1.85 billion. With the presence of developed countries like the US and Canada, the region is well equipped with developed infrastructure, the rising demand for BYOD among the corporates, and expertise in the concerned field are influencing demand for online education in the region.

The second position was attained by the APAC region. The Asia-Pacific region acquired the second largest market share is likely to expand at the highest CAGR of 31.28% during the review period. With the presence of fast-developing countries like India and China, the market is likely to expand exponentially during the forecast period.

Table of Contents

1    Market Introduction

1.1    Introduction

1.2    Scope of Study

1.2.1    Research Objective

1.2.2    Assumptions

1.2.3    Limitations

1.3    Market Structure

Continued….

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List of Tables

Table 1 Online Education Market, By Product

Table 2 Online Education Market, By Learing Type

Table 3 Online Education Market, By End User

Continued….

List of Figures

Figure 1 Research Type

Figure 2 Online Education Market, By Product (%)

Figure 3 Online Education Market, By Learing Type (%)

Continued….

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Global Online Education Market 2020 Recovering From Covid-19 Outbreak | Know About Brand Players: K12 Inc, Pearson, White Hat Managemen, Georg von Holtzbrinck GmbH & Co. K, Bettermarks, etc. | InForGrowth

InForGrowth has added Latest Research Report on Online Education Market 2020 Future Growth Opportunities, Development Trends, and Forecast 2026. The Global Online Education Market market report cover an overview of the segments and sub-segmentations including the product types, applications, companies & regions. This report describes overall Online Education Market size by analyzing historical data and future projections.

The report features unique and relevant factors that are likely to have a significant impact on the Online Education market during the forecast period. This report also includes the COVID-19 pandemic impact analysis on the Online Education market. This report includes a detailed and considerable amount of information, which will help new providers in the most comprehensive manner for better understanding. The report elaborates the historical and current trends molding the growth of the Online Education market

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Market Segmentation:

The segmentation of the Online Education market has been offered on the basis of product type, application, Major Key Players and region. Every segment has been analyzed in detail, and data pertaining to the growth of each segment has been included in the analysis

Top Players Listed in the Online Education Market Report are 

  • K12 Inc
  • Pearson
  • White Hat Managemen
  • Georg von Holtzbrinck GmbH & Co. K
  • Bettermarks
  • Scoyo
  • Languagenut
  • Beness Holding
  • Inc
  • New Oriental Education & Technology
  • XUEDA
  • AMBO
  • XRS
  • CDEL
  • Ifdoo
  • YINGDING
  • YY Inc
  • .

    Based on type, report split into

  • Elementary Education(Grades 1-5)
  • Junior High Education(Grades 6-8)
  • Senior High Education(Grades 9-12)
  • .

    Based on Application Online Education market is segmented into

  • Teacher
  • Student
  • Parents
  • .

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    Impact of COVID-19: Online Education Market report analyses the impact of Coronavirus (COVID-19) on the Online Education industry. Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 180+ countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Online Education market in 2020

    COVID-19 can affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.

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    Industrial Analysis of Online Education Market:

    Online

    Online Education Market: Key Questions Answered in Report

    The research study on the Online Education market offers inclusive insights about the growth of the market in the most comprehensible manner for a better understanding of users. Insights offered in the Online Education market report answer some of the most prominent questions that assist the stakeholders in measuring all the emerging possibilities.

    • How has the rapidly changing business environment turned into a major growth engine for the Online Education market?
    • What are the underlying macroeconomic factors impacting the growth of the Online Education market?
    • What are the key trends that are constantly shaping the growth of the Online Education market?
    • Which are the prominent regions offering plentiful opportunities for the Online Education market?
    • What are the key differential strategies adopted by key players to command a significant chunk of the global market share?
    • How is the COVID-19 pandemic impacting the global Online Education market?

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