Global Online Program Management Market Overview:
Online program management (OPM) are service providers that work with colleges and universities globally to take new academic programs online. OPM providers providing services either as a package or on a fee-for-service basis. These services include market research, course design and technology platforms, student recruitment and enrollment, student retention, and placement of students in employment or training opportunities. The online program management market is expected to grow in the future due to the rising demand for both online degrees as well as professional courses.
Growth Drivers
- Increase in Demand for Online Professional Courses as well as Degrees
- Demand for the Automation in the Courses to Access the Education from the Comfort of the Home
Roadblocks
- Impact of Fraudulent and Non-accredited Degrees
Opportunities
- Increase in Acceptance of Online Education from the Developing Countries as the Schools and Colleges are Shifting to Online Platform
- Technology Upgradation in the Online Program Management
Challenges
- Lack of Infrastructure to People in Rural Places
Competitive Landscape:
The market is highly competitive due to the presence of several prominent vendors. Some of the prominent players are adopting some organic and inorganic strategies such as mergers, acquisitions, partnerships, and product launches, among others in order to gain a competitive advantage. Moreover, some of these players are focusing on technological advancements in order to offer innovative products to the market.
Some of the key players profiled in the report are 2U, Inc. (United States), Academic Partnerships (United States), Apollidon Learning (United States), Bisk Education, Inc. (United States), Blackboard Inc. (United States), Keypath Education (United States), Noodle Partners (United States), Online Education Services (Australia), PEARSON PLC (United Kingdom) and Wiley Education Services (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Online Program Management market by 2027. Considering Market by Revenue Model, the sub-segment i.e. Partnership will boost the Online Program Management market.
What Can be Explored with the Online Program Management Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Online Program Management Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Online Program Management
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Online Program Management market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Online Program Management market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of 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 New Entrants/Investors, Analysts and Strategic Business Planners, Online Program Management Developer, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to 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 includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.