Online Education Technology Market Overview
Digital technology will improve access to education. Learners are more and more shifting toward eBooks which will be accessed on-line from anyplace across the world. Digital content is relatively straightforward to get than written content that tends to incur higher production prices. Moreover, digital books are obtainable in numerous languages and may be simply translated and retrieved by a wider user base. Additionally, learners, particularly with physical disabilities, will hear the tutorial content in an audio format to enhance their vocabulary and encourage higher informative reading.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Sector, End User, Type and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | IBM Corp., Microsoft Corp., The Linux Foundation, BTL Group Ltd. , Chain, Inc. , Circle Internet Financial Ltd. , Deloitte Touche Tohmatsu Ltd. , Digital Asset Holdings, LLC, Global Arena Holding, Inc. (GAHI), Monax , Ripple. |
The covid-19 Impact on Online Education Technology Market:
Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
Online Education Technology Market Segment Overview
By Sector, The K-12 segment led the market in 2020 accounting for a revenue share of over 41st and can retain the leading position increasing at a gradual CAGR from 2021 to 2028. The high share is attributed to the growing trend of game-based learning within the K-12 sector. The bulk of the academics within the K-12 sector support gamification initiatives to develop the students’ scientific discipline learning skills with the mixing of practical, project-based work in schools. Additionally, incorporating technologies during this sector allows immersive content and provides experiences, like virtual field visits and complex lab-based experiments, resulting in an engaging learning experience.
By End-user, The business section diode the market in 2020 accounting for over sixty nine share of the world revenue. The high share is attributed to the upsurge in partnerships among EdTech companies, instructional institutes, and content developers to form important opportunities for the digital education sector. As a result, partnerships and collaborations square measure progressively turning into a crucial a part of this developing system.
By Type, The hardware segment led the market in 2020 accounting for over 42nd of the world revenue share. The high share is attributed to the increased prominence of digital school rooms across the education business. They incorporate a large varies of options, like dry-erase surfaces, digital pens, human action software system, and alternative multi-touch choices. Also, they allow users to save lots of and share notes among alternative digital devices, like tablets, smartphones, and laptops.
Market Analysis, Insights and Forecast – By Sector
· Preschool
· K-12
· Higher Education
Market Analysis, Insights and Forecast – By End User
· Business
· Consumer
Market Analysis, Insights and Forecast – By Type
· Hardware
· Software
Online Education Technology Market Regional Overview
Region-wise, in terms of regions, North America dominated the market in 2020 and control over 37th share of the world revenue. The regional market can retain its dominance throughout the forecast period due to the many investments from venture capitalists and private-equity investors within the EdTech sector within the U.S. for example, education technology start-up firms within the U.S. reportedly raised funding value some. Because the sector matures, firms with substantial revenue growth area unit expected to draw in bigger funding and differentiate themselves from the new market entrants.
Online Education Technology Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Online Education Technology Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Online Education Technology are highlighted below.
· In 2020, the la Unified school district (LAUSD) partnered with Public Broadcasting Service (PBS) to supply students customized instructional programming on 3 over-the-air broadcasts and a spread of digital options..
Online Education Technology Market, Key Players
· BYJU’S
· Blackboard, Inc.
· Chegg, Inc.
· Coursera, Inc.
· Edutech
· edX Inc.
· Google LLC
· Instructure, Inc.
· Microsoft
· Udacity, Inc.
· upGrad Education Pvt. Ltd.
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Online Education Technology market during the forecast period?
Online Education Technology market is expected to record a CAGR of ~ xx% during the forecast period
Q2. Which segment is projected to hold the largest share in the Online Education Technology Market?
K-12 segment is projected to hold the largest share in the Online Education Technology Market.
Q3. What are the driving factors for the Online Education Technology market?
Digital technology will improve access to education. Learners are more and more shifting toward eBooks which will be accessed on-line from anyplace across the world are key factors that boost the growth of the Online Education Technology market progressively
Q4. Which Segments are covered in the Online Education Technology market report?
Sector, End User, Type and Region, these segments are covered in the Online Education Technology market report.
Q5. Which are the prominent players offering Online Education Technology?
BYJU'S; Blackboard Inc.; Chegg, Inc.; Coursera Inc.; Edutech; edX Inc.; Google LLC; Instructure, Inc.; Microsoft; Udacity, Inc.; upGrad Education Pvt. Ltd. are some of the key players offering Online Education Technology
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Online Education Technology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Sector
- 5.2.1. Preschool
- 5.2.2. K-12
- 5.2.3. Higher Education
- 5.3. Market Analysis, Insights and Forecast – By End User
- 5.3.1. Business
- 5.3.2. Consumer
- 5.4. Market Analysis, Insights and Forecast – By Type
- 5.4.1. Hardware
- 5.4.2. Software
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East, and Africa
6. North America Online Education Technology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Sector
- 6.2.1. Preschool
- 6.2.2. K-12
- 6.2.3. Higher Education
- 6.3. Market Analysis, Insights and Forecast – By End User
- 6.3.1. Business
- 6.3.2. Consumer
- 6.4. Market Analysis, Insights and Forecast – By Type
- 6.4.1. Hardware
- 6.4.2. Software
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Online Education Technology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Sector
- 7.2.1. Preschool
- 7.2.2. K-12
- 7.2.3. Higher Education
- 7.3. Market Analysis, Insights and Forecast – By End User
- 7.3.1. Business
- 7.3.2. Consumer
- 7.4. Market Analysis, Insights and Forecast – By Type
- 7.4.1. Hardware
- 7.4.2. Software
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Online Education Technology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Sector
- 8.2.1. Preschool
- 8.2.2. K-12
- 8.2.3. Higher Education
- 8.3. Market Analysis, Insights and Forecast – By End User
- 8.3.1. Business
- 8.3.2. Consumer
- 8.4. Market Analysis, Insights and Forecast – By Type
- 8.4.1. Hardware
- 8.4.2. Software
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Online Education Technology Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Sector
- 9.2.1. Preschool
- 9.2.2. K-12
- 9.2.3. Higher Education
- 9.3. Market Analysis, Insights and Forecast – By End User
- 9.3.1. Business
- 9.3.2. Consumer
- 9.4. Market Analysis, Insights and Forecast – By Type
- 9.4.1. Hardware
- 9.4.2. Software
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. BYJU’S
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Blackboard, Inc.
- 10.6. Chegg, Inc.
- 10.7. Coursera, Inc.
- 10.8. Edutech
- 10.9. edX Inc.
- 10.10. Google LLC
- 10.11. Instructure, Inc.
- 10.12. Microsoft
- 10.13. Udacity, Inc.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
