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%.
For information on the online education market – Download a free sample now!
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.
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.
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.
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.
Edtech Market –The Edtech market has the potential to grow by USD 112.39 billion during the period 2021-2025, and the market growth momentum will slow to a CAGR of 17.85%. Download a free sample now!
Virtual schools market at North America –The 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
Year of reference
Growth dynamics and CAGR
Accelerate to a CAGR of 18%
Market growth 2020-2024
$ 247.46 billion
Annual growth (%)
North America, APAC, Europe, South America and MEA
Efficient contribution to the market
Main consumer countries
United States, China, Germany, United Kingdom, France and Canada
Leading companies, competitive strategies, reach of consumer engagement
2U Inc., Ambow Education Holding Ltd., Coursera Inc., edX Inc., iTutorGroup, LinkedIn Corp., McGraw-Hill Education Inc., Pearson Plc, Udacity Inc. and Udemy Inc.
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
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.
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