December 8, 2021

Online Education Market to grow at a CAGR of 18% from 2019 to 2024 |17000+ Technavio Reports

NEW YORK, Nov. 11, 2021 /PRNewswire/ — Technavio’s latest offering, the Online Education Market report provides a detailed analysis of the…

NEW YORK, Nov. 11, 2021 /PRNewswire/ — Technavio’s latest offering, the Online Education Market report provides a detailed analysis of the competitive scenario and the market growth across various regions. The online education market is estimated to grow by USD 247.46 billion from  2019 to 2024, growing at a CAGR of over 18%.

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Market Dynamics

Factors such as the growing advantages of online learning and rapid penetration of internet-enabled devices will drive the growth of the Online Education Market. 

Company Profiles

The online education market report includes information on the product launches, sustainability, and prospects of leading vendors including 2U Inc., Ambow Education Holding Ltd., Coursera Inc., edX Inc., iTutorGroup, LinkedIn Corp., McGraw-Hill Education Inc., Pearson Plc, Udacity Inc., and Udemy Inc.

Some Companies with Key Offerings

  • 2U Inc., –The company offers a line of low-cost tools to help students better engage in online learning.
  • Ambow Education Holding Ltd. – The company offers a line of courses related to school education, tutoring services, international education programs, and online educational offerings through its business segment K-12 Education.
  • Coursera Inc. – The company offers online courses including free courses and university degrees at a breakthrough price.

Competitive Analysis

The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Market Segmentation

  • By Type, the market is classified into Higher education, Test preparation, Language and casual learning, Prim & sec supplemental edu., and Reskilling & online certifications.
  • By Geography, the market is classified as North America, APAC, Europe, South America, and MEA. APAC will have the largest share of the market.

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Online Education Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 18%

Market growth 2020-2024

USD 247.46 billion

Market structure

Fragmented

YoY growth (%)

17.59

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

APAC at 34%

Key consumer countries

US, China, Germany, UK, France, and Canada

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 that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research

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Email: media@technavio.com

Website: www.technavio.com/

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