Online education market Research Report by Forecast to 2023

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Online Education Market Research Report By
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Online Education Market
As per the analysis by Market Research Future
Reports (MRFR), the global online education
market is estimated to grow at a CAGR of 28.55
with a value of USD 423 billion from 2017 to
2023. The current global situation, i.e., the
outbreak of corona, has influenced the global
online education market 2020. Online education
has grown significantly since the only education
mode available at a time like this is only
online. An increase in the usage of the internet
opened the avenues for the education sector as
well. With the development of technology and
demand for innovation, the global online
education market is likely to grow exponentially
during the forecast period.
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Online Education Market
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Internet of
Online Education Market Forecast To 2023

• Moreover, the online education market is likely
  to expand due to the rising demand for adaptive
  learning. With the sector players exhibiting the
  addition of advanced tech products, the Online
  Education Market will expand rapidly during the
  review period. Besides, the increasing focus of
  companies on collaborating and product
  development to attain traction globally. The
  rising demand to lessen the cost of education,
  increasing initiatives taken by the government to
  promote the online education mode has also
  contributed significantly to the expansion of the
  market at the global level. However, the
  availability of enormous content and lack of
  awareness is an obstacle in the expansion of the
  market.
•  
• The sudden challenges created by the ongoing
  COVID-19 are captured effectively to exhibit the
  long term growth projections in the MRFR report
  on Online Education Market. The growth sectors of
  the Online Education Market are identified with
  precision for a better growth perspective.

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Online Education Market
Regional Analysis
The regional segment can be segregated into
Asia-Pacific, North America, Europe, and the Rest
of the World (RoW). Among all, the North American
market sized the maximum market share accounting
43 in 2016 with a market value of USD 1.85
billion. With the presence of developed countries
like the US and Canada, the region is well
equipped with developed infrastructure, the
rising demand for BYOD among the corporates, and
expertise in the concerned field are influencing
demand for online education in the region. The
second position was attained by the APAC region.
The Asia-Pacific region acquired the second
largest market share is likely to expand at the
highest CAGR of 31.28 during the review period.
With the presence of fast-developing countries
like India and China, the market is likely to
expand exponentially during the forecast period.
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Online Education Market
Application Major Players in this Research

• Online Education Market Prominent Players
• Classteacher Learning Systems (India),
• Pearson PLC (UK), Lynda.Com (US),
• McGraw-Hill Education (US), Aptara Inc. (US),
• Blackboard Inc. (US), Adobe Systems Inc. (US),
• Edmodo (US), Docebo (Canada)

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Online Education Market
Online Education Market Segmented on the basis of
Segment On the basis of vertical, the global
online education market can be segregated into
Industry and Professionals, Higher Education,
K-12, and others. On the basis of components,
the global online education market can be
segregated into Software (Courseplay, Worldclass,
Yuja, and Others) and Hardware (Mobile, Laptop,
PC, and Others). On the basis of learning type,
the global online education market can be
segregated into Asynchronous (e-mail, Social
Networking, Digital Curriculum Material, and
Discussion Boards) and Synchronous (Voice, Live
Streaming, Chat, and Video). On the basis of
product, the global online education market can
be segregated into Services (Test Preparation,
Primary and Secondary Supplementary Education,
Higher Education and Language, Online
Certification, and Others) and Content (Arts,
Commerce, Management, Technical, and
Others). On the basis of region, the global
online education market can be segregated into
Asia-Pacific, North America, Europe, and the Rest
of the World (RoW).
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