COVID-19 Impact and Recovery Analysis – Online Education Market 2020-2024 | Growing Advantages of Online Learning to Boost Growth | Technavio -…
LONDON--(BUSINESS WIRE)--Technavio has been monitoring the online education market and it is poised to grow by USD 247.46 billion during 2020-2024, progressing at a CAGR of over 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The global online education market will witness an upsurge due to the spread of COVID-19. The extension of containment efforts is leading to higher demand, which is driving significant revenue for market vendors. Also, the prices are expected to remain elevated in the short period due to lower production caused by shutdowns.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Online Education Market Download free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 2U Inc., Ambow Education Holding Ltd., Coursera Inc., edX Inc., iTutorGroup, LinkedIn Corp., McGraw-Hill Education Inc., Pearson Plc, Udacity Inc., and Udemy Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Growing advantages of online learning have been instrumental in driving the growth of the market. However, inadequate cybersecurity measures might hamper market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/online-education-market-industry-analysis
Online Education Market 2020-2024: Segmentation
Online Education Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43516
Online Education Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our online education market report covers the following areas:
This study identifies the rapid penetration of Internet-enabled devices as one of the prime reasons driving the online education market growth during the next few years.
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Online Education Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
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COVID-19 Impact and Recovery Analysis - Online Education Market 2020-2024 | Growing Advantages of Online Learning to Boost Growth | Technavio -...
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