What is Online Teaching Platform Market?
The online teaching is becoming an option for income for number of people as it has various advantages as compared to traditional face to face teaching. The advantages include flexibility, communication, re-usable resource, reach more targeted audience and more. These platforms can be used for test prep, summer classes, professional development, training, and much more. It also supports one to one, one to many, and many to many online teachings. Further, there are large number of online teaching platforms available in the market with different features.
The market study is being classified by Type (Cloud based and On premise) and major geographies with country level break-up.
OpenLearning (Australia), Helphub (Canada), Teachable (United States), Eliademy (Finland), Learnwords (United States), Coursecraft (Canada), Thinkific (Canada), Ventantu (India), Podia (United States), Moodle Pty Ltd (Africa) and Udemy Inc. (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Online Teaching Platform market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Online Teaching Platform market by Type, Application and Region.
On the basis of geography, the market of Online Teaching Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Adoption of Teaching Platforms
- Advantages Such as Flexibility, Communication, More Targeted Audience, and Others
Market Trend
- Growing Demand of Personal Coaching
Restraints
- Lack of Awareness About the Distance Learning
Opportunities
- Increasing Adoption Among Developing Economies
- Introduction of Diversified Products and Solutions
Challenges
- Lack of Face to Face Interaction Between Teacher and Student
Key Target Audience
Online teaching platform providers, Distributors, Government associations, Research organizations, Software vendors and Others