Global Online Education Market by Type (Elementary Education(Grades 1-5), Junior High Education(Grades 6-8), Senior High Education(Grades 9-12)), By Application (Teacher, Student, Parents) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global online education market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for online education among students, parents, and teachers across the globe. Additionally, rising adoption of digital technologies in educational institutions is also propelling the growth of this market. Based on type, the global online education market can be segmented into elementary education (grades 1-5), junior high education (grades 6-8), and senior high school (grades 9-12). Among these segments, senior high school is expected to witness highest growth during the forecast period owing to increasing demand for higher education among students worldwide. Based on application, the global online education market can be segmented into teacher training & professional development courses; student enrollment in degree/non-degree programs; and parental involvement including homeschooling & supplemental instruction. Among these segments, student enrollment in degree/non-degree programs is anticipated to account for a major share of this market during 2018 – 2030 owing to growing preference for pursuing higher studies through distance learning mode.



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Product Definition:

An online education is a type of education that takes place over the internet. It can include courses taken from universities and colleges, as well as other types of educational institutions. Online education has become increasingly popular in recent years, due to its convenience and affordability.

Elementary Education(Grades 1-5):

The global elementary education market size was valued at USD 8.09 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The rising number of school-age children across the globe has been one of the major factors driving demand for basic education, which is further anticipated to drive growth over the forecast period.

According to statistics by UNESCO, there are an estimated 200 million child laborers across Africa, Asia,.

Junior High Education(Grades 6-8):

Junior high education is the educational system that caters to students in the age group of 6 to 13. In most countries, students between the ages of 6 and 13 are compulsory to attend school. Hence, there is a demand for online education among parents who work and study across different time zones and would like their children to continue studying without them being present at school.

Application Insights:

The student application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. The increasing need of students to obtain knowledge through online mediums is driving this segment. Moreover, introduction of new technologies such as VR/AR and online classes are attracting more students towards online education.

Online education has become a necessity rather than a luxury for many parents who have busy jobs or run businesses from home. Parents find it convenient as they can access their child¢â‚¬â„¢s schoolwork anytime from anywhere in the world without having to get up early or travel long distances for classes, which helps them spend more time with their children instead of being away all day at work.

Regional Analysis:

North America dominated the online education market in 2016 with a revenue share of over 40%. The growth can be attributed to the presence of key players such as Coursera, edX, and Udacity. These companies are offering Massive Open Online Courses (MOOCs) that provide high-quality education to students worldwide. Moreover, these companies are working with several universities and colleges to offer courses online for higher learning.

Asia Pacific is expected to witness significant growth over the forecast period owing to increasing government spending on higher education in countries such as China and India.

Growth Factors:

Increasing demand for skilled professionals in the market
Rising number of working professionals and students who prefer online education over traditional education system
Availability of high-quality content and courses from prominent institutes
Growing penetration of internet and smartphones across the globe
Proliferation of social media platforms that help learners connect with other students and educators


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Scope Of The Report
Report Attributes
Report Details
Report Title
Online Education Market Research Report
By Type
Elementary Education(Grades 1-5), Junior High Education(Grades 6-8), Senior High Education(Grades 9-12)
By Application
Teacher, Student, Parents
By Companies
K12 Inc, Pearson, White Hat Managemen, Georg von Holtzbrinck GmbH & Co. K, Bettermarks, Scoyo, Languagenut, Beness Holding, Inc, New Oriental Education & Technology, XUEDA, AMBO, XRS, CDEL, Ifdoo, YINGDING, YY Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.

Global Online Education Market Report Segments:
The global Online Education market is segmented on the basis of:
Types
Elementary Education(Grades 1-5), Junior High Education(Grades 6-8), Senior High Education(Grades 9-12)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Teacher, Student, Parents
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
K12 Inc
Pearson
White Hat Managemen
Georg von Holtzbrinck GmbH & Co. K
Bettermarks
Scoyo
Languagenut
Beness Holding, Inc
New Oriental Education & Technology
XUEDA
AMBO
XRS
CDEL
Ifdoo
YINGDING
YY Inc



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Highlights of The Online Education Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Elementary Education(Grades 1-5)
Junior High Education(Grades 6-8)
Senior High Education(Grades 9-12)
By Application:
Teacher
Student
Parents
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Online Education Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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