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USD 72.41 Bn growth in Academic E-Learning Market, Launch of new online degrees to boost market growth – Technavio

NEW YORK, Aug. 2, 2022 /PRNewswire/ — Technavio has been monitoring the Academic E-Learning Market, operating under the consumer discretionary market. The report estimates the market to register an incremental growth of USD 72.41 billion, at a CAGR of 10.29% during the forecast period. 


Technavio has announced its latest market research report titled Academic E-Learning Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2020-2024

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request the latest sample report 

Ambow Education Holding Ltd., D2L Corp., Instructure Inc., MPS Ltd., New Oriental Education and Technology Group Inc., NIIT Ltd., Pearson Plc, Providence Equity Partners LLC, TAL Education Group, and Think & Learn Pvt. Ltd. are among some of the major market participants.

The introduction of new online degrees is a significant factor in the expansion of the global academic e-learning sector. Because online courses are becoming more and more popular, academic institutions all around the world are starting to offer online degrees. Since 2015, numerous online degree programs have been introduced by universities in the US, Canada, and Australia. During the projected period, there will be an increase in online degree enrollments due to the introduction of new online undergraduate and graduate degrees.

The main issue preventing the market’s growth is the high development cost connected with e-learning courses. Depending on the instructional design methodology selected, academic e-learning course development and design costs will vary. The roles of a subject matter expert (SME), instructional design team, project management team, and technical staff specialists are all involved in the development process. As a result, the focus market’s expansion over the projection period is likely to be slowed down by the high development costs connected with academic e-learning courses. Buy Sample Report.

The growing competition in the global e-learning market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.   

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Ambow Education Holding Ltd.
  • D2L Corp.
  • Instructure Inc.
  • MPS Ltd.
  • New Oriental Education and Technology Group Inc.
  • NIIT Ltd.
  • Pearson Plc
  • Providence Equity Partners LLC
  • TAL Education Group
  • Think & Learn Pvt. Ltd.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Sample Report. 

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Academic E-Learning Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 10.29%

Market growth 2020-2024

$ 72.41 billion

Market structure

Fragmented

YoY growth (%)

10.17

Regional analysis

North America, Europe, APAC, and South America

Performing market contribution

North America at 41%

Key consumer countries

US, Canada, China, and Germany

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Ambow Education Holding Ltd., D2L Corp., Instructure Inc., MPS Ltd., New Oriental Education and Technology Group Inc., NIIT Ltd., Pearson Plc, Providence Equity Partners LLC, TAL Education Group, and Think & Learn Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio “Consumer Discretionary” Research Reports

Table of Contents

Executive Summary

Market Landscape

  • Market ecosystem
  • COVID-19 impact on consumer discretionary services
  • Value chain analysis

Market Sizing

  • Market Definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Five forces analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by the End-user
  • Higher education – Market size and forecast 2020-2025
  • K-12 – Market size and forecast 2020-2025
  • COVID-19 pandemic impact on end-user segment
  • Market opportunity by the End user

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • COVID-19 pandemic impact on the global market
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor Landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Ambow Education Holding Ltd.
  • D2L Corp.
  • Instructure Inc.
  • MPS Ltd.
  • New Oriental Education and Technology Group Inc.
  • NIIT Ltd.
  • Pearson Plc
  • Providence Equity Partners LLC
  • TAL Education Group
  • Think & Learn Pvt. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research Methodology
  • List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/


Technavio (PRNewsfoto/Technavio)

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SOURCE Technavio

Written by Tenner Smith

Tenner Smith - I have experience in financial intelligence and automated intelligence. In industry I have worked on artificial intelligence and machine learning. Tenner Smith is a reporter at DF media.

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