About Online Course Providers
Online learning is referred to e-learning which takes place over the internet. The platforms of online learning provides trainers and others which are involved in education. It also provides access to tools and other resources to deliver the enhanced education. Among the various type of e learning companies, some allows to host and sell online courses which allows to run a business. Further, online learning providers offer different courses such as coding, writing, physics, data analysis and others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Online Course Providers market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
LinkedIn Learning (United States), EDX (United States), Plural sight (United States), Udemy Inc. (United States), Udacity (United States), Coursera (United States), Hubspot academy (United States), Khan academy (United States), IT pro TV (United States) and CBT nuggets (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Cloud Academy Inc. (United States), A cloud guru (United States) and Codecademy (United States).
Segmentation Overview
AMA Research has segmented the market of Global Online Course Providers market by Type (Synchronous Online Learning, Asynchronous Online Learning, Computer Managed Learning and Others), Application (Academic, Corporate and Government) and Region.
On the basis of geography, the market of Online Course Providers 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). If we see Market by User Type, the sub-segment i.e. Single will boost the Online Course Providers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Artificial Intelligence Assistance is used to predict the Learner’s Behavior and Guide Them on Learning Path and Micro Learning is Being Used as it improves the Learner’s Retention
Market Growth Drivers:
Increasing popularity of e-learning platforms are fuelling the market growth. These platforms are offering the learning experience which is fun, interactive and engaging. These activities and offerings are contributing towards the market growth.
Challenges:
Lack of Planning and Implementation May Lead to Poor Communication
Restraints:
Lack of Input and Face to Face Interaction with Trainers may lead to Slow Evolution
Opportunities:
Easy Access to Internet Coupled with Increasing Smartphone Users are Boosting the Demand of E-Learning. and Offering of Higher Education Institutions with Online Learning
Market Leaders and their expansionary development strategies
In March 2023, Sage has acquired Epigeum, a leading provider of online courses. The acquisition marks a major milestone for Sage, furthering the growth of its online course offering alongside Sage Campus, which offers institution-wide access to more than 280 hours of structured online learning for skills and research methods.
In February 2020, Udacity, an online professional training provider, announced the launch of a new executive AI program on February 21. “AI for Business Leaders” is intended to help professionals in management and leadership roles put AI to work in their businesses.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.