Online Education Market Expected To Grow At A CAGR Of 18% From 2019 To 2024 | 17000+ Technavio Reports


NEW YORK, November 11, 2021 / PRNewswire / – Technavio’s latest offering, the The online education market report provides a detailed analysis of the competitive scenario and market growth in various regions. The online education market is expected to grow by $ 247.46 billion from 2019 to 2024, with a CAGR of over 18%.

Attractive Opportunities in Online Education Market by Type and Geography – Forecast and Analysis 2020-2024

For information on the online education market – Download a free sample now!

Market dynamics

Factors such as the growing benefits of online learning and the 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 product launches, sustainability, and outlook for major 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 offers

  • 2U Inc., –The company offers a range of low-cost tools to help students better engage in online learning.

  • Ambow Education Holding Ltd. – The company offers a range of school education related courses, tutoring services, international education programs and online education offerings through its K-12 Education business segment.

  • Coursera Inc. – The company offers online courses including free courses and college degrees at a revolutionary price.

Competitive analysis

The report includes Competitive Analysis, a proprietary tool to analyze and assess the position of companies based on their Industry Position Score and Market Performance Score. The tool uses various factors to categorize players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc.

Market segmentation

  • By type, the market is categorized into higher education, test preparation, language and occasional learning, additional Prim & sec education and retraining and online certifications.

  • By geography, the market is classified as North America, APAC, Europe, South America, and MEA. APAC will hold the largest share of the market.

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Virtual schools market at North AmericaThe virtual schools market in North America has the potential to grow by USD 294.17 million during the period 2021-2025, and the market growth momentum will slow to a CAGR of 4.78%. Download a free sample now!

Scope of the online education market

Cover of the report

Details

Page number

120

Year of reference

2019

Forecast period

2020-2024

Growth dynamics and CAGR

Accelerate to a CAGR of 18%

Market growth 2020-2024

$ 247.46 billion

Market structure

Fragmented

Annual growth (%)

17.59

Regional analysis

North America, APAC, Europe, South America and MEA

Efficient contribution to the market

34% APAC

Main consumer countries

United States, China, Germany, United Kingdom, France and Canada

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

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 Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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