Online Education Market Development Trends, Regions Outlook, Opportunities Analysis and Forecast to 2027
Seattle, WA -- (SBWire) -- 11/15/2019 --A market study "Global Online education Market" examines the performance of the Global Online education Market 2019. It encloses an in-depth Research of the Online education Market state and the competitive landscape globally. This report analyzes the potential of Online education Market in the present and the future prospects from various angles in detail.
Online education is an advanced instructional delivery system that includes learning through the internet. It gives educators an opportunity to teach students who may not be able to attend classes and also support students who need to study on their own schedule at their convenient pace. Many schools and institutions are offering online learning in order to improve the education system. Online education has become an exciting and viable method for delivering instruction in the global education business market because it runs 24hous a day/7 days a week and offers great flexibility.
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The major players profiled in this report include:
Georg von Holtzbrinck
Increasing internet usage along with the growing number of distance learning and online degrees is the prime factor fueling market growth. Moreover, the advent of enhanced software and hardware and other advanced option for online education is also expected to foster market growth. For instance, Coursera launches campus product to integrate online learning with university lessons. It offers job-relevant courses and learning programs to universities around the globe.
From the geographical perspective, North America is expected to exhibit significant growth over the forecast period and this can be attributed to the presence of the well-established education system. According to the Association of American Colleges and Universities, there are 2,613 accredited four-year colleges and universities in the U.S. In addition to this, according to the "Grade Increase" report released by the Babson Survey Research Group, from more than 4,700 colleges and universities, more than 6.3 million students in the U.S. – most of whom were undergraduates – took at least one online course in 2016, a 5.6 percent increase from the previous year.
On the flip side, continuous advancements in technologies for online education can lead to technology obsolescence and are expected to act as challenges for the online education market. Moreover, the lack of awareness regarding online education in less developed or developing economies is expected to hinder the market growth.
The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
Elementary Education(Grades 1-5)
Junior High Education(Grades 6-8)
Senior High Education(Grades 9-12)
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Online Education for each application, including-
In May 2019, Uni of Liverpool & KOL partner to create and deliver postgraduate taught programs to a global student audience through online learning.
In April 2019, the University of Arizona Online partnered with Guild Education. The purpose of this partnership is to deliver education programs to ambitious working adults around the globe in a flexible and highly effective way.
In November 2019, Tufts University School of Engineering is collaborating with Noodle Partners, a leading online program manager (OPM), to introduce a new online Master of Science in Computer Science degree program which is expected to get underway in fall by 2020.
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