BANGALORE, India, Aug. 10, 2020 /PRNewswire/ — Online learning has seen exponential development as the Internet and education merge to allow new capabilities to be developed. Since the COVID-19 outbreak online learning has become more important in people’s lives. The pandemic pushed colleges, universities, and companies to operate remotely, and this increased the use of online learning, thereby causing a rapid increase in the Online Learning Market size.
Online Learning Market size was valued at USD 171 Billion in 2019 and is expected to grow CAGR 10.85% by 2025
Most growth in the eLearning market is projected to come from demand in developing countries. eLearning provides access to world-class educational resources for developing country audiences that might not be available in person in their home country.
This report provides comprehensive information on the different factors influencing regional growth across North America, Europe, China, Rest of Asia Pacific, Central & South America, and Middle East & Africa.
The Online Learning Market report also includes a list of all major players on the online learning market, along with a thorough overview of the strategies that are being implemented by the companies.
TRENDS INFLUENCING THE ONLINE LEARNING MARKET SIZE
Growing internet penetration is a major factor driving the growth of Online Learning Market size during the forecast period.
Increasing adoption of cloud-based solutions coupled with major market players investing heavily in improving the security and efficiency of cloud-based education platforms is further improving end-user adoption of the Online Learning Market.
BYOD ‘s adoption among businesses has increased demand for smartphones and laptops. Growing investments from key players in online education to offer learning management software with enhanced features are expected to increase the growth of online learning market size.
Increasing emphasis on science education in schools has led to an inclination to online courses offering bachelors, masters, and doctoral degrees in science-oriented subjects, thereby compelling the growth of the global online education sector.
Other factors leading to the growth of online education are increased productivity of animated learning, along with the versatility it brings to the table.
ONLINE LEARNING MARKET SHARE
Based on the region, North America held the largest market share during the forecast period. This dominance of North America is attributed to the early adoption and advancements in educational technologies in the region.
Asia Pacific is expected to witness the highest growth rate during the forecast period. This rapid growth is attributed to rising internet penetration and the growing use of mobile devices in emerging economies such as China, India, Malaysia, and South Korea.
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ONLINE LEARNING MARKET SEGMENTATION
Online Learning Market By the product type, the market is primarily split into
- Primary and Secondary Supplemental Education
- Test Preparation
- Reskilling and Online Certifications
- Higher Education
- Language and Causal Learning.
Online Learning Market By the end users/application, this report covers the following segments
- K 12 Students
- College Students
- Job Seekers
- Working Professionals.
- K12 Inc
- White Hat Management
- Georg von Holtzbrinck GmbH & Co. K
- Beness Holding, Inc
- New Oriental Education & Technology
- YY Inc
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eLearning Market size was valued at USD 171 Billion in 2019 and is expected to grow CAGR 10.85% by 2025
Increased penetration of e-learning in corporate & university setups, government policies to promote e-learning in developing markets, developments in digital education & e-learning technologies, growth in the number of mobile learning apps are some of the major factors projected to increase the E-learning Market size.
- Online Education Market Report
The global Online Education market size is projected to reach USD 153180 Million by 2026, from USD 140710 Million in 2020.
This research provides the empirical analysis of the demand outlook for Online Education, along with emerging developments and potential forecasts to assess the imminent pockets of investment. The research will also cover the impact of the COVID -19 pandemic.
- Online Learning Management System Market Report
The key drivers for the growth of Online Learning Management System Market size are growing the adoption of digital learning, rising inclination towards Bringing Your Own Device ( BYOD) policy and enterprise mobility, and government initiatives to expand LMS.
Furthermore, the growing use of Artificial Intelligence (AI ) and Machine Learning (ML) in LMS increases the importance of eLearning in corporate and academic setups.
- Online Learning Platform Market Report
This report focuses on the global Online Learning Platform market size, future forecast, growth opportunity, key market, and key players. The study objectives are to present the Online Learning Platform development in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
- Academic E-Learning Market Report
Academic E-learning Market size was valued at USD 103.8 Billion in 2019 and is expected to grow CAGR 11.23% by 2025.
The top companies in the Academic E-Learning Market include Pearson, Berlitz, Blackboard, Desire2Learn, EF Education First, Instructure, MPS Limited, Vipkid, Sanako Corporation, Inlingua International, 51talk, New Oriental, etc.
This study focuses on the global academic e-learning market size, future outlook, opportunities for growth, key market, and key actors. The study aims to present the growth of Academic E-Learning in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.
- Digital Learning Market Report
- Online K-12 Education Market Report
In 2018, the global Online K-12 Education Market size was 67300 Million USD, and it is expected to reach 449400 Million USD by the end of 2025.
In the United States, the cumulative process of primary and secondary education is known as K-12 education. Many school districts and states in the US are turning to online learning to improve K-12 Education outcomes.
In Asia, online learning is already reaching many millions of learners. Several countries are putting their entire K-12 curriculum online due to the COVID-19 outbreak. At the country level, India has the highest growth rate, followed by China and Malaysia.
- Online Higher Education Market Report
- Online Language Learning Market Report
In 2018, the global Online Language Learning market size was USD 8140 Million, and it is expected to reach USD 26100 Million by the end of 2025, with a CAGR of 18.1% during 2019-2025.
China is the largest country of online language learning in the world during the forecast period. China’s market took up about 30% of the global market in 2018, while Europe was about 26%, and North America was about 16%.
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