DUBLIN--(BUSINESS WIRE)--The "Global Online Education Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.
The global online education market is projected to witness a compound annual growth rate of 10.26% during the forecast period to reach a total market size of US$286.62 billion by 2023, increasing from US$159.52 billion in 2017.
Platforms that facilitate learning through gaming are gaining popularity. Improvements in IT security and implementation of cloud based solutions has increased the adoption rate of online education system as now, people can enjoy a smooth learning experience on safe online platforms. Advancements in the field of artificial intelligence are expected to further boost the growth rate of the online education market.
Geographically, North America leads the way for the online education market, owing to the high adoption rate of such technologies in the region, closely followed by Asia-Pacific which is bound to become a major market in the upcoming years.
Comprehensive market dynamics are provided through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides global and regional regulations which are determining the market growth and industry value chain analysis of the global online education market. Complete industry analysis has also been covered through Porter's Five Forces model as a part of this report section.
Report Segmentation
By Type
- Academic
- Corporate
By Technology
- Mobile e-learning
- Learning Management System (LMS)
- Application Simulation Tool
- Rapid e-learning
- Podcasts
- Virtual Classroom
By Vendor
- Service Providers
- Content Providers
By End-user
- Higher education institutions
- K-12 schools
- Others
Company Profiles
- Adobe Systems Inc.
- Apollo Education Group, Inc.
- Blackboard Inc.
- Cisco
- Citrix Systems, Inc.
- McGraw-Hill Education
- Microsoft
- Oracle
- Pearson
- SAP SE
- Tata Interactive Systems
For more information about this report visit https://www.researchandmarkets.com/research/nzxrnp/global_online?w=4