openPR Logo
Press release

Online Education Market to Grow at 9.37% CAGR, Rising Demand for Higher Education to Drive Growth

04-21-2021 01:23 PM CET | Science & Education

Press release from: Credible Markets

Global Online Education Market

Global Online Education Market

The global online education market is expected to reach $337.83 billion in 2025, rising at 9.37% CAGR during the 2021-2025 period. The increased penetration of mobile devices around the world, the growing demand for higher education, and quality certification programs for working professionals and convenience offered by online learning remain key drivers of growth. The online education market continues to make tremendous progress thanks to technological advancements like lowering costs of cloud adoption, growing penetration of smartphones, and rising supply of training institutes for teachers remain major drivers of growth for players in the distance education market.

Demand for Higher Education Remains a Key Driver of Growth for Distance Education

According to National Centre for Education Statistics (NCES) in the US, distance education remains a core demand among post-baccalaureate students in the US. These students seeking post-graduate courses like masters and PhDs seek distance education due to the rising demand for higher education in the professional world. In 2018, 1.2 million postbaccalaureate students engaged in distance learning. This population amounted to over a third of all students enrolled in postbaccalaureate education in the same year. Furthermore, among students enrolled in distance education, 406,000 enrolled in institutions from the same state, making a case for quality, and flexibility offered by distance education. 495,000 students enrolled in distance education from institutes located in different states.

Furthermore, the distance education market remains vast for private players. In 2018, over 87% enrolled in distance education were enrolled through for-profit private institutions, while 27% went through non-profit private institutions. Public institutions only witnessed 25% of the total enrolment. In 2018, the top distance education or online learning institution in the United States remained the Western Governors University with over 120,000 students. Furthermore, according to NCES data, most colleges in the United States (79%) offered either partial distance education or complete distance education programs. These included 4-year, and 2-year undergraduate programs. Furthermore, nearly all public universities engaged in distance education, making it a preferred choice for mass, cost-effective education which remains the key demand from the global student population. Distance education also promises more opportunities in the near future for new players, as in 2018, only 59% of private colleges offered distance programs. The trend is visible in higher education with institutions like Harvard, MIT jumping into the race to offer online learning courses. However, colleges around the country still lag behind in the race to develop infrastructure to cater to the global demand for increased quality in affordable higher education.

Download FREE Sample Copy of Online Education Market Report @

Global Online Education Market: Key Players
• Vipkid
• Tedu
• New Oriental Education & Technology
• Itutorgroup
• Xueersi
• YY Inc.
• Beijing Ifdoo Education & Technology Co Ltd
• China Distance Education
• TAL Education Group
• Hujiang

Global Online Education Market: by Type
• Asynchronous Online Courses
• Synchronous Online Courses
• Hybrid Courses

Global Online Education Market: by Applications
• K-12
• College Students
• In-service Education
• Others

Global Online Education Market: Regions
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
• Asia Pacific (China, Japan, India, Southeast Asia and Australia)
• Latin America (Brazil, Argentina and Colombia)
• Middle East and Africa

Direct Purchase Online Education Market Research Report Now @

MOOC to Create New Avenues for Growth in the Online Education Market

The MOOC or the mass open online courses remain a major avenue for growth in the online education market. The demand for online education remains high among various key social demographics in regions like the United States. For example, according to NCES, the demand for online education or distance education has risen significantly over the last few decades among African Americans, Hispanics, Asians, among others. Furthermore, according to recent studies, 73% of learners are still unaware of the opportunities offered by MOOCs, due to the high-concentration of MOOC programs among people requiring higher education. Furthermore, according to the UK Department of Education, in 2018, over half of MOOC learners at least had college degrees, with 79% with a bachelor’s degree, and 44% holding a post-graduate degree.

According to the UNESCO Institute for Lifelong Learning’s online survey, the demand for higher education from Europe remains high among applicants from developing countries. The survey received the majority of its response (over 50%) from individuals outside of Europe. Furthermore, the response percentage was in line with enrolment for its academic programs online, with most registrations coming from outside of Europe. Furthermore, the study revealed that over 50% of applicants are currently in employment, while 30.05% are students. Moreover, self-employed individuals made-up 9.62% of distance education student make-up, while unemployed individuals made up for 6.34% of the total population. Men and women on parental leave also accounted for 1.41%, with rising demand for productivity from corporations around the world.

Covid-19 Pandemic Remains a Major Driver as well as Restraint for Growth

The covid-19 has disrupted conventional classroom-based learning across the world. This remained a major driver of growth for the online education market, as a large population has devoted itself to learning online with simple, and basic digital tools to guide their path. The growing influx of technological advancements to cater to this population including academies like Udemy, data storage portals for educational lessons, and assignments, and the growing influx of advanced learning courses available online remains a promising development in the online education market. The Covid-19 pandemic also forced global investors to take notice of the online education market with companies like Byju’s reaching a top worldwide valuation in the Edtech space during the pandemic. Moreover, the growing expansion of online courses in new languages, and growing support from tech giants like Google for translation services, along with advancements in transcriptions remains a major driver of growth in the online education market.

Do You Have Any Query or Specific Requirement? Ask to Our Industry Expert @

The report can answer the following questions:
• North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Online Education industry.
• Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Online Education industry.
• Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Online Education industry.
• Different types and applications of Online Education industry, market share of each type and application by revenue.
• Global market size (sales, revenue) forecast by regions and countries from 2019 to 2026 of Online Education industry.
• Upstream raw materials and Online Education equipment, industry chain analysis of Online Education industry.
• SWOT analysis of Online Education industry.
• New Project Investment Feasibility Analysis of Online Education industry.

Read More:

Contact Us
Credible Markets Analytics
99 Wall Street 2124 New York, NY 10005

About US
Credible Markets has emerged as a dependable source for the market research needs of businesses within a quick time span. We have collaborated with leading publishers of market intelligence and the coverage of our reports reserve spans all the key industry verticals and thousands of micro markets. The massive repository allows our clients to pick from recently published reports from a range of publishers that also provide extensive regional and country-wise analysis. Moreover, pre-booked research reports are among our top offerings.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Online Education Market to Grow at 9.37% CAGR, Rising Demand for Higher Education to Drive Growth here

News-ID: 2273227 • Views: 304

More Releases from Credible Markets

Chocolate Biscuit Market to Witness Tremendous Growth as Food Away from Home Tak …
The chocolate biscuit market is expected to witness tremendous growth in the near future, thanks to rising demand for food consumed away from home, and growing value for agro-business. According to the United States Department of Agriculture (USDA) projections, the food consumed at home was expected to grow from USD 600 billion in 2008 to nearly USD790 billion in 2018. On the other hand, the food consumed away from home
Blood Serum Market to Witness 9.7% CAGR Growth as Demand for Tissue Culture and …
Credible Market has released a new market report titled, “Blood serum Market (by product, application, and region), Global Opportunity Analysis and Industry Forecast, 2021-2028”. The blood serum market is a competitive, and fragmented landscape with vast opportunities for new players, thanks to growing technological advancements in tissue culture, and diagnostic testing. Some key players in the blood serum market are, Sigma-Aldrich, Thermo Fisher, Corning, Merck, Gemini, Bioind, and Bovogen. Get Free
Ethanol Fuel Market Set for a Major Take-off as IEA Predicts 19% CAGR Growth Dur …
The ethanol fuel market is likely to witness tremendous growth as the International Energy Agency (IEA) has predicted growth in output to 19% during the 2019-2024 period. The energy estimates that the renewable energy met nearly 3.7% of transport fuel demand in 2018, which accounted for a total of 4 extra joules (EJ) of consumption. Among this, biofuels accounted for close to 93% of all renewable energy, while the rest
Automotive Relay Market to Reach Promising $24.3 Billion Valuation by 2028, Stro …
The automotive relay market is expected to reach $24.3 billion by 2028, rising at 6.1% CAGR, thanks to growing demand for electric vehicles. According to the International Energy Agency (IEA), the sales of electric vehicles witnessed a record growth in 2019, surpassing an already record year in 2018. The IEA reports that the electric vehicles accounted for 7.2% of global vehicles in 2020, rising from 2.6% in 2019. The increase

All 5 Releases

More Releases for Education

Online Higher Education Market Next Big Thing | Major Giants American Public Edu …
A New business Strategy report released by HTF MI with title Global Online Higher Education Market Study Forecast till 2026 . This Global Online Higher Education market report brings data for the estimated year 2020 and forecasted till 2026 in terms of both, value (US$ MN) and volume (MT). The report also consists of forecast factors, macroeconomic factors, and a market outlook of the Online Higher Education market. The study
Special Education Software Market
A latest survey on Global Special Education Software Market is conducted covering various organizations of the industry from different geographies to come up with 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition is facing along with gap analysis and new opportunity available and may trend in Special Education Software market. The report bridges the historical
AR in Education Market -
Augmented reality or virtual reality is facilitating the growth of computing power. This technology can integrate new and trending algorithms of Big Data, Artificial intelligence, and wearable devices, among others. Conglomeration of augmented reality with virtual reality is expected to drive the growth of next generation computing and work as an instinctive edge for Internet of Things (IoT). The adoption of AR in education is likely to gain momentum due
Design Education
Design Education encapsulates and analyses the research findings facilitated by the UK based Centre for Excellence in Teaching and Learning through Design. By examining over 40 projects, ranging in focus from design students' use of archives and museum collections to the potential of specific technologies to enhance teaching and learning, Design Education explores aspects of learning and teaching in higher education design subjects, from architecture and 3D design through to
World Education - Arts, Sciences and Education Culture
About the WE-ASC Congress The World Education Culture Congress, WE-ASC 2011 adopts a two-pronged approach: 1. To influence the evolving culture of education and educational pedagogy, with the objective of deep systemic change. 2. To examine representation and application of cultural/traditional knowledge and their dissemination in education systems with a view to developing practical solutions and formats for training, application, sustainable development and human empowerment. The current system of education, adopted under colonial rule
Education And Knowledge Simplified.
When an entrepreneur and a tech-geek come together, it results in ideas never explored before. Deepanker Agarwal, an entrepreneur cum management student form IMT (Ghaziabad) and Gorav Singal, a computer wizard from Amity University (Noida), started sharing their learning of management and computers online. Soon there were feed backs and many people started to share various projects and presentations on the same platform. There were more than 12,000 uploads across