What is Online Education Service?
Online education is a form of education where students join the course by using their home computers through the internet. For many nontraditional students, among them all those who want to endure working full time or raising families, online graduations and courses have become popular in the past decade. Often online graduation and course programmers, some of which are led using digital technologies, are providing through the online learning portal of the host university. Many online institutions partner with universities on campus to develop and provide online programs. The partnership enables an online service while providing validated course studies through the brick-and-mortar institution, to get an advantage from the advanced expertise and technology that an online provider provides.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Tencent (China), Lynda.Com (United States), Pearson PLC (United Kingdom), McGraw-Hill Education (United States), Blackboard Inc. (United States), Aptara Inc. (United States), Adobe Systems Inc. (United States), Docebo (Canada), Edmodo (United States), PowerSchool Group LLC (United States), Tata Interactive Systems (India), K12 Inc. (United States), Udacity, Inc. (United States) and Classteacher Learning Systems (India) |
The study covers a detailed analysis segmented by key business segments i.e. , by application (K-12, Higher Education, Industry and Professional and Others) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Online Education Service market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Online Education Service market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Tencent (China), Lynda.Com (United States), Pearson PLC (United Kingdom), McGraw-Hill Education (United States), Blackboard Inc. (United States), Aptara Inc. (United States), Adobe Systems Inc. (United States), Docebo (Canada), Edmodo (United States), PowerSchool Group LLC (United States), Tata Interactive Systems (India), K12 Inc. (United States), Udacity, Inc. (United States) and Classteacher Learning Systems (India).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Technological Advancement Associated with the Online Education Service and The Rise in Deployments of Online Platform in Educational Institutions
Market Growth Drivers:
Increasing Internet Penetration across the Globe and Rising Demand for Digital Education
Challenges:
Growing Concern Related To Slow Internet Connection and Poor Network
Restraints:
Lack of Digital Clarity and End Users
Opportunities:
Evolving New Opportunities for Traditional Educational Institutions and Increasing Perspective in Emerging Nations
Key highlights of the Global Online Education Service market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Online Education Service market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Online Education Service market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Online Education Service Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Online Education Service market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Online Education Service market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Service Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.