Online Education Market Size, Trends, and Insights By Component (Hardware, Software), By Product Type (Content, Services), By Learning Type (Synchronous, Asynchronous), By Vertical (K12, Higher Education, Corporate, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | North America |
Major Players
- Lynda
- Mcgraw-Hill Education
- Tata Interactive Systems
- Blackboard Inc.
- Powerschool Group LLC
- Aptara Inc.
- K12 Inc
Reports Description
According to Custom Market Insights (CMI), the Global Online Education Market size was estimated at USD 30 Billion in 2021 and is expected to reach USD 49 Billion in 2022 and is expected to hit around USD 200 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 23% from 2022 to 2030.
Our research report offers a 360-degree view of the Online Education market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Online Education market.
- Online education refers to a computer-assisted learning approach that depends on the internet for collaboration and study material sharing between instructors and students. The desire to reduce the cost of instruction, the expansion of government initiatives that encourage online learning and the penetration of cell phones and the internet are all factors that are fueling the growth of the online education market. Additionally, the advent of AI-enabled e-learning solutions and growing interest in flexible and adaptable learning are predicted to fuel market expansion.
- Nearly every area of human life has been impacted by the pervasiveness of information technology over the years, including how we work, connect with others, transform data into information, analyze and exchange information, amuse ourselves, and take pleasure in travel. Additionally, e-mails, e-commerce, e-government, and now e-education are all products of e-evolution or e-revolution. The way we approach teaching and learning is changing as a result of e-learning or online education. From an educational standpoint, e-learning is a technology-mediated learning approach with a lot of potentials, and it has been one of the main areas of study for educational technology in recent years.
- A new teaching-learning environment named e-learning has recently been incorporated due to the digital transformation of education institutions at all levels. Additionally, the COVID-19 epidemic pushed a billion students and millions of teachers to abruptly change their face-to-face academic methods wherever possible, leading to the closure of classrooms worldwide. This circumstance demonstrated both the advantages and disadvantages of educational systems dealing with the issue of digitization. The quickly spreading coronavirus severely hurt all enterprises, yet amazingly, the online education system indicated profitable growth potential despite the pandemic threat. The global online education market is anticipated to expand at a double-digit CAGR between 2022 and 2030.
Report Scope
The study’s focus is on Online Education market analysis on a global scale, and market sizing includes the income generated by these solutions provided by different market players. In order to support the market projections and growth rates over the anticipated period of 2022-2030, the study additionally monitors important market factors, underlying growth influencers, and significant vendors active in the sector. The study also examines how COVID-19 has affected the ecology generally. The scope of the study includes market sizing and forecast for segmentation by component, product, learning type, end-user, and geography.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 30 Billion |
| Projected Market Size in 2030 | USD 200 Billion |
| Market Size in 2022 | USD 49 Billion |
| CAGR Growth Rate | 23% CAGR (2022-2030) |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Prominent Players | Lynda, Mcgraw-Hill Education, Tata Interactive Systems, Blackboard Inc., Powerschool Group LLC, Aptara Inc., K12 Inc., Udacity Inc., Skills2learn Ltd., Cisco Systems Inc., City & Guilds Group, Citrix Education Inc., Docebo, Centerpoint Systems Inc., Adobe Systems Inc., Articulate Global Inc., Learning Pool, Cornerstone on demand Inc., Microsoft Corporation, Sap SE, Saba Software, Adobe Systems Inc., Oracle Corporation, Edmodo, KallidUS ltd., and Others |
| Key Segment | By Component, Product Type, Learning Type, Vertical, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors, and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfill your requirements for research. |
Key Market Dynamics
- As infrastructure and technology have advanced globally, internet usage has skyrocketed, enabling people and businesses to achieve new heights. By providing remote learning courses to students of all ages, the education sector has surpassed other industries throughout the digital disruption. The online education industry is expanding as a result of the many students who utilize online education technologies to complete their educational requirements without leaving their homes, workplaces, or cities. These technologies are affordable and great online tools.
- The market for online education is rising primarily due to the development of skills and expanded work opportunities. Students place a strong emphasis on growing their abilities in order to progress in their jobs and get deeper information. Therefore, it is projected that the rising adoption of skill development through online certificates on digitized platforms, particularly in Tier 1 cities, will fuel the expansion of the online education market.
- On e-learning platforms, the usage of AI and machine learning has grown as a result of their capacity to tailor content to the individual knowledge bases of each student. To optimize and enhance learning experiences, AI and ML can swiftly evaluate massive amounts of data and spot patterns and trends. It improves course adaptability, speeds up the learning process, and simplifies without compromising quality. The development of e-learning has been enhanced by automatic translation and localization. Multilingual content can be created for multinational firms with branches in multiple countries or the increasingly prevalent scenario of multinational corporations operating with remote staff who speak different languages.
North America Region Led the Online Education Market
- Throughout the projection period, North America dominated the global online education market. The presence of a solid infrastructure and a highly skilled labour force is the major factor.
- The growing demand for and acceptance of the bring-your-own-device (BYOD) policy among business enterprises is another factor influencing the market expansion in this region. The majority of the key players in the sector, such as Oracle, Cisco Systems, Inc., and Microsoft Corporation, are already based in this region, which supports the ongoing market expansion.
- The development of e-learning courses and remote learning programs has made the US a leader in the worldwide online education sector. A lot of educational institutions are putting more emphasis on learning via augmented reality.
- Another important market for this marketplace is China. The online education business in India has experienced an impressive expansion in recent years. This growth is predicted to continue throughout the forecasting period. Due to affordable education, the availability of high-quality education, digital government initiatives, the prevalence of smartphones, and internet penetration, India’s online market is predicted to expand.
Competitive Landscape
Our analysis focuses on Coursera, Byju, Instructure Inc., Adobe Inc., and Alphabet Inc. as its main major companies. These businesses purposefully concentrate on creating cutting-edge learning and education solutions that aid in securing a competitive presence in the global market. Additionally, a focus on inorganic expansion tactics, such as strategic alliances and mergers & acquisitions with technological partners, is anticipated to broaden their product offerings and help them maintain their competitiveness in the global online education industry.
Our market analysis includes a section specifically devoted to key players operating in the Online Education market. Our analysts give an overview of each player’s financial statements, along with product benchmarking and SWOT analysis. The competitive landscape section includes key development strategies, market share analysis, and market positioning analysis of the mentioned competitors globally.
- 2022: Class and Anthology have reached a binding agreement to purchase Blackboard Collaborate. Anthology, a provider of educational solutions that support the learning process, and Class Technologies Inc., a pioneer in the synchronous virtual classroom market, have announced that they have signed a binding agreement for Class to purchase Blackboard Collaborate, the Anthology’s virtual classroom software.
- 2021: The US-based kids learning platform Epic was purchased by BYJU’S for US$500 million in cash and equity.
The global Online Education market is segmented as follows:
By Component
- Hardware
- Software
By Product Type
- Content
- Services
By Learning Type
- Synchronous
-
Asynchronous
By Vertical
- K12
- Higher Education
- Corporate
- Others
By Region
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Online Education Market, (2022 – 2030) (USD Billion)
- 2.2 Global Online Education Market : snapshot
- Chapter 3. Global Online Education Market – Industry Analysis
- 3.1 Online Education Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing investments in digital education technology development
- 3.2.2 Increased internet penetration
- 3.2.3 High demand for microlearning.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Component
- 3.7.2 Market attractiveness analysis By Product Type
- 3.7.3 Market attractiveness analysis By Learning Type
- 3.7.4 Market attractiveness analysis By Vertical
- Chapter 4. Global Online Education Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Online Education Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Online Education Market – Component Analysis
- 5.1 Global Online Education Market overview: By Component
- 5.1.1 Global Online Education Market share, By Component, 2021 and 2030
- 5.2 Hardware
- 5.2.1 Global Online Education Market by Hardware, 2022 – 2030 (USD Billion)
- 5.3 Software
- 5.3.1 Global Online Education Market by Software, 2022 – 2030 (USD Billion)
- 5.1 Global Online Education Market overview: By Component
- Chapter 6. Global Online Education Market – Product Type Analysis
- 6.1 Global Online Education Market overview: By Product Type
- 6.1.1 Global Online Education Market share, By Product Type, 2021 and 2030
- 6.2 Content
- 6.2.1 Global Online Education Market by Content , 2022 – 2030 (USD Billion)
- 6.3 Services
- 6.3.1 Global Online Education Market by Services, 2022 – 2030 (USD Billion)
- 6.1 Global Online Education Market overview: By Product Type
- Chapter 7. Global Online Education Market – Learning Type Analysis
- 7.1 Global Online Education Market overview: By Learning Type
- 7.1.1 Global Online Education Market share, By Learning Type, 2021 and 2030
- 7.2 Synchronous
- 7.2.1 Global Online Education Market by Synchronous , 2022 – 2030 (USD Billion)
- 7.3 Asynchronous
- 7.3.1 Global Online Education Market by Asynchronous, 2022 – 2030 (USD Billion)
- 7.1 Global Online Education Market overview: By Learning Type
- Chapter 8. Global Online Education Market – Vertical Analysis
- 8.1 Global Online Education Market overview: By Vertical
- 8.1.1 Global Online Education Market share, By Vertical, 2021 and 2030
- 8.2 K12
- 8.2.1 Global Online Education Market by K12, 2022 – 2030 (USD Billion)
- 8.3 Higher Education
- 8.3.1 Global Online Education Market by Higher Education, 2022 – 2030 (USD Billion)
- 8.4 Corporate
- 8.4.1 Global Online Education Market by Corporate, 2022 – 2030 (USD Billion)
- 8.5 Others
- 8.5.1 Global Online Education Market by Others, 2022 – 2030 (USD Billion)
- 8.1 Global Online Education Market overview: By Vertical
- Chapter 9. Online Education Industry – Regional Analysis
- 9.1 Global Online Education Industry Regional Overview
- 9.2 Global Online Education Industry Share, by Region, 2021 & 2030 (USD Billion)
- 9.3. North America
- 9.3.1 North America Online Education Industry, 2022 – 2030 (USD Billion)
- 9.3.1.1 North America Online Education Industry, by Country, 2022 – 2030 (USD Billion)
- 9.3.1 North America Online Education Industry, 2022 – 2030 (USD Billion)
- 9.4 North America Online Education Industry, by Component, 2022 – 2030
- 9.4.1 North America Online Education Industry, by Component, 2022 – 2030 (USD Billion)
- 9.5 North America Online Education Industry, by Product Type, 2022 – 2030
- 9.5.1 North America Online Education Industry, by Product Type, 2022 – 2030 (USD Billion)
- 9.6 North America Online Education Industry, by Learning Type, 2022 – 2030
- 9.6.1 North America Online Education Industry, by Learning Type, 2022 – 2030 (USD Billion)
- 9.7 North America Online Education Industry, by Vertical, 2022 – 2030
- 9.7.1 North America Online Education Industry, by Vertical, 2022 – 2030 (USD Billion)
- 9.8. Europe
- 9.8.1 Europe Online Education Industry, 2022 – 2030 (USD Billion)
- 9.8.1.1 Europe Online Education Industry, by Country, 2022 – 2030 (USD Billion)
- 9.8.1 Europe Online Education Industry, 2022 – 2030 (USD Billion)
- 9.9 Europe Online Education Industry, by Component, 2022 – 2030
- 9.9.1 Europe Online Education Industry, by Component, 2022 – 2030 (USD Billion)
- 9.10 Europe Online Education Industry, by Product Type, 2022 – 2030
- 9.10.1 Europe Online Education Industry, by Product Type, 2022 – 2030 (USD Billion)
- 9.11 Europe Online Education Industry, by Learning Type, 2022 – 2030
- 9.11.1 Europe Online Education Industry, by Learning Type, 2022 – 2030 (USD Billion)
- 9.12 Europe Online Education Industry, by Vertical, 2022 – 2030
- 9.12.1 Europe Online Education Industry, by Vertical, 2022 – 2030 (USD Billion)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Online Education Industry, 2022 – 2030 (USD Billion)
- 9.13.1.1 Asia Pacific Online Education Industry, by Country, 2022 – 2030 (USD Billion)
- 9.13.1 Asia Pacific Online Education Industry, 2022 – 2030 (USD Billion)
- 9.14 Asia Pacific Online Education Industry, by Component, 2022 – 2030
- 9.14.1 Asia Pacific Online Education Industry, by Component, 2022 – 2030 (USD Billion)
- 9.15 Asia Pacific Online Education Industry, by Product Type, 2022 – 2030
- 9.15.1 Asia Pacific Online Education Industry, by Product Type, 2022 – 2030 (USD Billion)
- 9.16 Asia Pacific Online Education Industry, by Learning Type, 2022 – 2030
- 9.16.1 Asia Pacific Online Education Industry, by Learning Type, 2022 – 2030 (USD Billion)
- 9.17 Asia Pacific Online Education Industry, by Vertical, 2022 – 2030
- 9.17.1 Asia Pacific Online Education Industry, by Vertical, 2022 – 2030 (USD Billion)
- 9.18. Latin America
- 9.18.1 Latin America Online Education Industry, 2022 – 2030 (USD Billion)
- 9.18.1.1 Latin America Online Education Industry, by Country, 2022 – 2030 (USD Billion)
- 9.18.1 Latin America Online Education Industry, 2022 – 2030 (USD Billion)
- 9.19 Latin America Online Education Industry, by Component, 2022 – 2030
- 9.19.1 Latin America Online Education Industry, by Component, 2022 – 2030 (USD Billion)
- 9.20 Latin America Online Education Industry, by Product Type, 2022 – 2030
- 9.20.1 Latin America Online Education Industry, by Product Type, 2022 – 2030 (USD Billion)
- 9.21 Latin America Online Education Industry, by Learning Type, 2022 – 2030
- 9.21.1 Latin America Online Education Industry, by Learning Type, 2022 – 2030 (USD Billion)
- 9.22 Latin America Online Education Industry, by Vertical, 2022 – 2030
- 9.22.1 Latin America Online Education Industry, by Vertical, 2022 – 2030 (USD Billion)
- 9.23. The Middle-East and Africa
- 9.23.1 The Middle-East and Africa Online Education Industry, 2022 – 2030 (USD Billion)
- 9.23.1.1 The Middle-East and Africa Online Education Industry, by Country, 2022 – 2030 (USD Billion)
- 9.23.1 The Middle-East and Africa Online Education Industry, 2022 – 2030 (USD Billion)
- 9.24 The Middle-East and Africa Online Education Industry, by Component, 2022 – 2030
- 9.24.1 The Middle-East and Africa Online Education Industry, by Component, 2022 – 2030 (USD Billion)
- 9.25 The Middle-East and Africa Online Education Industry, by Product Type, 2022 – 2030
- 9.25.1 The Middle-East and Africa Online Education Industry, by Product Type, 2022 – 2030 (USD Billion)
- 9.26 The Middle-East and Africa Online Education Industry, by Learning Type, 2022 – 2030
- 9.26.1 The Middle-East and Africa Online Education Industry, by Learning Type, 2022 – 2030 (USD Billion)
- 9.27 The Middle-East and Africa Online Education Industry, by Vertical, 2022 – 2030
- 9.27.1 The Middle-East and Africa Online Education Industry, by Vertical, 2022 – 2030 (USD Billion)
- Chapter 10. Company Profiles
- 10.1 Lynda.com
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Mcgraw-Hill Education
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 Tata Interactive Systems
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Blackboard Inc.
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Powerschool Group LLC
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Aptara Inc.
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 K12 Inc.
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 Udacity Inc.
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 Skills2learn Ltd.
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Cisco Systems Inc.
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 City & Guilds Group
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 Citrix Education Inc.
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.13 Docebo
- 10.13.1 Overview
- 10.13.2 Financials
- 10.13.3 Product Portfolio
- 10.13.4 Business Strategy
- 10.13.5 Recent Developments
- 10.14 Centerpoint Systems Inc.
- 10.14.1 Overview
- 10.14.2 Financials
- 10.14.3 Product Portfolio
- 10.14.4 Business Strategy
- 10.14.5 Recent Developments
- 10.15 Adobe Systems Inc.
- 10.15.1 Overview
- 10.15.2 Financials
- 10.15.3 Product Portfolio
- 10.15.4 Business Strategy
- 10.15.5 Recent Developments
- 10.16 Articulate Global Inc.
- 10.16.1 Overview
- 10.16.2 Financials
- 10.16.3 Product Portfolio
- 10.16.4 Business Strategy
- 10.16.5 Recent Developments
- 10.17 Learning Pool
- 10.17.1 Overview
- 10.17.2 Financials
- 10.17.3 Product Portfolio
- 10.17.4 Business Strategy
- 10.17.5 Recent Developments
- 10.18 Cornerstone on demand Inc.
- 10.18.1 Overview
- 10.18.2 Financials
- 10.18.3 Product Portfolio
- 10.18.4 Business Strategy
- 10.18.5 Recent Developments
- 10.19 Microsoft Corporation
- 10.19.1 Overview
- 10.19.2 Financials
- 10.19.3 Product Portfolio
- 10.19.4 Business Strategy
- 10.19.5 Recent Developments
- 10.20 Sap SE
- 10.20.1 Overview
- 10.20.2 Financials
- 10.20.3 Product Portfolio
- 10.20.4 Business Strategy
- 10.20.5 Recent Developments
- 10.21 Saba Software
- 10.21.1 Overview
- 10.21.2 Financials
- 10.21.3 Product Portfolio
- 10.21.4 Business Strategy
- 10.21.5 Recent Developments
- 10.22 Adobe Systems Inc.
- 10.22.1 Overview
- 10.22.2 Financials
- 10.22.3 Product Portfolio
- 10.22.4 Business Strategy
- 10.22.5 Recent Developments
- 10.23 Oracle Corporation
- 10.23.1 Overview
- 10.23.2 Financials
- 10.23.3 Product Portfolio
- 10.23.4 Business Strategy
- 10.23.5 Recent Developments
- 10.24 Edmodo
- 10.24.1 Overview
- 10.24.2 Financials
- 10.24.3 Product Portfolio
- 10.24.4 Business Strategy
- 10.24.5 Recent Developments
- 10.25 KallidUS ltd.
- 10.25.1 Overview
- 10.25.2 Financials
- 10.25.3 Product Portfolio
- 10.25.4 Business Strategy
- 10.25.5 Recent Developments
- 10.1 Lynda.com
List Of Figures
Figures No 1 to 28
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
|
|
| Demand-side |
|
|
Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|
|
Prominent Players:
-
Lynda.com
- Mcgraw-Hill Education
- Tata Interactive Systems
- Blackboard Inc.
- Powerschool Group LLC
- Aptara Inc.
- K12 Inc.
- Udacity Inc.
- Skills2learn Ltd.
- Cisco Systems Inc.
- City & Guilds Group
- Citrix Education Inc.
- Docebo
- Centerpoint Systems Inc.
- Adobe Systems Inc.
- Articulate Global Inc.
- Learning Pool
- Cornerstone on demand Inc.
- Microsoft Corporation
- Sap SE
- Saba Software
- Adobe Systems Inc.
- Oracle Corporation
- Edmodo
- KallidUS ltd.
- Others
FAQs
“Asia-Pacific and North America” region will lead the global Online Education market during the forecast period 2022 to 2030.
The global Online Education market is expanding growth with a CAGR of approximately 23% during the forecast period (2022 to 2030).
The global Online Education market size was valued at USD 30 Billion in 2021 and it is projected to reach around USD 200 Billion by 2030.