Industry Background:
Online Higher Education stands for the online platforms used for learning and assessing higher studies. With the adoption of technology and with increase access to internet, online modes of education are showing a robust growth across the globe and this will lead to enroll maximum pool of students to online higher education portals.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Adobe Systems Inc. (United States), Apollo Education Group, Inc. (United States), Blackboard Inc. (United States), Cisco Systems (United States), Citrix Systems, Inc. (United States), McGraw-Hill Education (United States), Microsoft (United States), Oracle Corporation (United States), Pearson (United Kingdom) and SAP SE (Germany) |
According to AMA, the market for Online Higher Education is expected to register a CAGR of 9.67% during the forecast period to 2030. This growth is primarily driven by Rapid Urbanization Coupled with Affordability, Increased Value of Higher Studies and Desire about International Education and Minimized Cost of Online Higher Education.
Globally, a noticeable market trend is evident Introduction Online Assessment Software
The Application Software sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Adobe Systems Inc. (United States), Apollo Education Group, Inc. (United States), Blackboard Inc. (United States), Cisco Systems (United States), Citrix Systems, Inc. (United States), McGraw-Hill Education (United States), Microsoft (United States), Oracle Corporation (United States), Pearson (United Kingdom) and SAP SE (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In May, 2018 Microsoft has acquired Flipgrid, which is an education video discussion platform boasting more than 20 million teachers and students from 180 countries around the world. In addition to this, Microsoft plans to allow Flipgrid to preserve its own culture, brand and teams, while moving its architecture to improve compliance with regulations such as the General Data Protection Regulation (GDPR), Children’s Online Privacy Protection Act and the Family Educational Rights and Privacy Act.
In July 2021, Adobe Analytics Curriculum for Education, a global program supporting the workforce of the future with in-demand data science skills. As part of the next-generation Adobe Education Exchange, university instructors, and students can use Adobe Analytics, the industry-leading customer data analytics platform, for free and access course curricula with hands-on activities. Students learn to use data to make business decisions and gain career skills ranging from data science to marketing and product management. This program is an extension of the Adobe Creative Campus program to advance digital literacy in the classroom with access to Adobe Creative Cloud.
Regulatory Insights:
On, May 24th, 2018, Indian Government’s University Grants Commission ("UGC") has announced regulations to identify diplomas, degrees, and certificates offered by Universities and Institutions in an online medium, to students in India. According to this, only non-technical courses can be offered online. Thus, Online Courses or Programs in the field of engineering, law, medicine, dental, pharmacy, nursing, architecture, physiotherapy, applied arts cannot be offered through the online mode.
Influencing Trend:
Introduction Online Assessment Software, Digital Textbooks and AR/VR: A Deeper Learning Experience
Market Growth Drivers:
Rapid Urbanization Coupled with Affordability, Increased Value of Higher Studies and Desire about International Education and Minimized Cost of Online Higher Education
Challenges:
Opting Feasible Online Higher Education Program, Coping up with Dynamic Educational Structured across the Globe and Prerequisite of Fluent Internet Connections
Restraints:
Lack of Accreditation and Quality Check and Lack of Face to Face Interactions
Opportunities:
Opportunities in the Emerging Economies, Cost Minimization and Technological Enhancements in Online Education Software
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Online Higher Education Market
- Analysis about New Entrants in Online Higher Education Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Online Higher Education Study Sheds Light on
The Online Higher Education Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Online Higher Education industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Online Higher Education industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.