New York, USA, Aug. 24, 2022 (GLOBE NEWSWIRE) — Online education imparts knowledge to students through electronic means such as: video, audio, E-book, AR/VRor other electronic means. online education It offers many advantages for students such as low-cost education and study of specialized courses. Additionally, e-learning has become essential for most organizations as it improves employee performance.

Increase in distance learning during the pandemic and demand for low-cost and convenient learning systems are positively contributing to the expansion of the market. Moreover, increasing use of AI and machine learning in e-learning systems contributes to the global development of the market. However, factors such as the lack of face-to-face interaction in e-learning systems and the need for greater self-motivation have constrained the expansion of the e-learning market. Several new trends such as micro-learning, gamification, and adaptive learning are expected to present lucrative opportunities for market expansion.

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Internet Adoption and Growing Demand for Online Learning Drive the Global Market

Internet penetration has exploded as technology and infrastructure have developed around the world, enabling individuals and businesses to reach new heights. The education industry has outperformed other sectors of digital disruption by offering distance learning courses for all ages. Many students can use online education technology to meet their educational needs without leaving their home, office, or city. It is cost effective and a great online tool, Growth of online education market.

Skills development and increasing employment opportunities are the main factors driving the expansion of the online education market. Students focus on developing their skills to advance their careers and deepen their knowledge. As a result, the growth of the online education market is expected to be driven by increasing adoption of skill development through digitalized platforms, especially online certifications in Tier 1 cities.

Integrating Artificial Intelligence and Machine Learning into Online Education Creates Huge Opportunities

AI and machine learning e-learning platform This is because the content can be customized based on each student’s prior knowledge. AI and ML can quickly analyze large amounts of data and identify patterns and trends to optimize and improve the learning experience. Simplify, accelerate and improve course adaptability without sacrificing quality. Automated translation and localization improve e-learning development. Multilingual content can be developed for an increasing number of multinational companies with offices in different countries or working with remote teams speaking different languages.

Reporting scope

Reporting metrics detail
Market size US$198.9 billion by 2030
CAGR 23.12% (2022-2030)
historical data 2019-2020
base year 2021
Forecast period 2022-2030
Forecast unit Value (USD Billion)
report coverage Earnings forecast, competitive environment, growth factors, trends
Target segment Component Type, Product Type, End User, and Region
Target area North America, Europe, Asia Pacific, LAME, and rest of the world
Key Companies/Vendors Profiled Lynda.com (USA), Tata interactive systems (India), Mcgraw-hill education (USA), Blackboard inc. (USA), Aptara inc. (USA), Powerschool group LLC (USA), K12 inc. (USA), Udacity, inc. (US), Cisco Systems, inc. (US), Skills2learn ltd. (UK), City & guilds group (UK), Citrix Education Inc. (US), Centerpoint Systems Inc. (US), Docebo ( Canada), Adobe Systems Inc. (U.S.), Articulate Global, inc. (U.S.), Cornerstone on Demand, inc. (Us),
Main market opportunity Increased Use of Artificial Intelligence and Machine Learning to Boost Market Opportunities
key market drivers Growing Internet Penetration Driving Market Advancement

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Regional analysis

North America Dominate the global online education market during the forecast period. The main reason is the presence of a well-established infrastructure and a highly skilled workforce.

Asia Pacific It will emerge as the second dominant region in the global online education market during the forecast period. The factors driving the growth of the Asia-Pacific market are the increasing use of the Internet and Increased smartphone adoption.

major highlights

  • of Global online education market size rated with US$30.6 billion in 2021. expected to reach US$198.9 billion by 2030grow in CAGR 23.12% During the forecast period (2022–2030).
  • Growing Internet Penetration Driving Market Advancement
  • Low Income and Internet Access Limiting Market Growth
  • Increased Use of Artificial Intelligence and Machine Learning to Boost Market Opportunities
  • North America Dominate the global online education market during the forecast period. The main reason is the presence of a well-established infrastructure and a highly skilled workforce.

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Major Players in the Global Online Education Market are:

  • Lynda.com (United States)
  • Tata Interactive Systems (India)
  • McGraw-Hill Education (USA)
  • Blackboard Co., Ltd. (we)
  • Aptara Inc. (We)
  • Power School Group LLC (USA)
  • K12 Co., Ltd. (we)
  • Yudacity Co., Ltd. (we)
  • Cisco Systems, Inc. (we)
  • Skills2learn Ltd. (UK)
  • City & Guild Group (UK)
  • Citrix Education, Inc. (we)
  • Centerpoint Systems Co., Ltd. (we)
  • Docebo (Canada)
  • Adobe Systems Incorporated (we)
  • Articulate Global Inc. (We)
  • Cornerstone On Demand Co., Ltd. (We)
  • Learning Pool (UK)
  • Microsoft Corporation (USA)
  • Sapse (Germany)
  • Adobe Systems Incorporated (we)
  • Saba Software (US)
  • Oracle Corporation (US)
  • Khalid US Ltd. (UK)
  • Edmaud (USA)

Global Online Education Market: Segmentation

By component type

By product type

  • content
  • service
  • based on learning
  • Synchronization
  • asynchronous.

by end user

  • K-12
  • higher education
  • industry and professionals

By region

  • North America
  • Asia Pacific
  • Europe

table of contents

  1. prologue
    1. market definition
    2. Market range
  2. research method
    1. primary research
    2. research method
    3. Assumptions and exclusions
    4. Secondary data source
  3. Market overview
    1. Report segmentation and coverage
    2. Value chain analysis: online education market
    3. Key market trends
      1. driver
      2. Restraint
      3. chance
    4. Porter’s Five Forces Analysis
      1. bargaining power of suppliers
      2. bargaining power of buyers
      3. alternative threat
      4. Threat of new entrants
      5. competitive competition
    5. Market share analysis
  4. Overview of component types
    1. prologue
      1. Market size and forecast
    2. hardware
      1. Market size and forecast
    3. software
      1. Market size and forecast
  5. Product type overview
    1. prologue
      1. Market size and forecast
    2. content
      1. Market size and forecast
    3. service
      1. Market size and forecast
  6. Regional overview
    1. prologue
      1. Market size and forecast
    2. America
      1. North America
      2. we
        1. By component type
        2. By product type
      3. Canada
        1. By component type
        2. By product type
      4. Mexico
        1. By component type
        2. By product type
      5. latin america
        1. By component type
        2. By product type
    3. Europe
      1. Market size and forecast
      2. Germany
        1. By component type
        2. By product type
      3. France
        1. By component type
        2. By product type
      4. England
        1. By component type
        2. By product type
      5. Italy
        1. By component type
        2. By product type
      6. Spain
        1. By component type
        2. By product type
      7. rest of europe
        1. By component type
        2. By product type
    4. Asia Pacific
      1. Market size and forecast
      2. Japan
        1. By component type
        2. By product type
      3. China
        1. By component type
        2. By product type
      4. Australia
        1. By component type
        2. By product type
      5. India
        1. By component type
        2. By product type
      6. Korea
        1. By component type
        2. By product type
      7. Rest of Asia Pacific
        1. By component type
        2. By product type
    5. Middle East and Africa
      1. Market size and forecast
      2. Saudi Arabia
        1. By component type
        2. By product type
      3. South Africa
        1. By component type
        2. By product type
      4. Kuwait
        1. By component type
        2. By product type
      5. Middle East and rest of Africa
        1. By component type
        2. By product type
  7. Company Profile
    1. Linda.com
      1. Company Profile
      2. financial performance
      3. Recent development
      4. product portfolio
    2. Tata Interactive Systems
      1. Company Profile
      2. financial performance
      3. Recent development
      4. product portfolio
    3. McGraw-Hill Education
      1. Company Profile
      2. financial performance
      3. Recent development
      4. product portfolio
  8. Conclusions and recommendations
  9. Acronyms and Abbreviations

Table of Contents and Figures@ https://straitsresearch.com/report/online-education-market/toc

market news

  • From May 2022 Class has reached a definitive agreement to acquire Anthology’s Blackboard Collaborate. Anthology, a provider of educational solutions that support the entire learner lifecycle, and Class Technologies Inc., a leader in synchronized virtual classroom spaces, have signed a definitive agreement for Class to acquire Anthology’s Blackboard Collaborate virtual classroom tool announced that it had

news media

This is why online education is superior to offline models.

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