The Global Online course provider market is expected to reach USD 3,716.35 USD million by the year 2027. The market is primarily driven by the growing reputation, reach and brand awareness of online education among students and corporates across the world. New animated, engaging and interactive learning instruments provided to the users facilitate easy access and enhance efficiency. In addition, the market for online courses is anticipated to expand over the next few years as the use of the internet and mobile devices grows
The global online course provider market research report assesses market scenario over the period from 2015 to 2025. The report highlights the historic trends between 2015 and 2017 and the 2019 to 2025 market forecast. The report studies both at global and country-level the current status and future market prospects. The global Online course provider market is segmented by application, type of provider, and region.
The report also throws light on various aspects of the global online education industry by assessing the market using value chain analysis. The report covers several qualitative aspects of the online course provider industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.
The global Online course provider market has strong competition among the well-established and new emerging players. These market players targets to gain a competitive advantage over the other players by participating in partnerships, mergers, and acquisitions and expanding their businesses.
In the application segment, the revenue for the education segment is expected to reach almost USD 985 million in 2025, with a growth rate of 6.5% during the forecast period of 2019-2025. Factors such as huge number of courses to select, ease of accessibility and opportunity to gain certifications from credible universities have created a boom in this market will continue to do so in the future.
In the Corporate segment, the companies with employees less than 1,500 are considered under SMEs in this study. SMEs are anticipated to grow with the highest CAGR of 9.5% under the ‘corporates’ segment, owing to the growing awareness of training and educating employees among the employers.
The North America region accounts for nearly 50% of the total online course providers market. The education system in the USA is growing rapidly with greater technological maturity trend in the learning technologies sector. Organizations have started to adopt learning technologies that are not limited internal training purposes in North America. Most of the global market players are based in the USA and generate the highest amount of revenue in this region.
The leading companies operating in online course market are Pluralsight, Udemy, Coursera, Edx, Codeacademy, Datacamp, Skillsoft, Khan Academy, Udacity, FutureLearn, and Lynda.com (Linkedin Learning).
Segment Overview of Global Online course provider Market
Application Overview, 2015-2025 (USD Billion)
- Large Enterprises
Provider Overview, 2015-2025 (USD Billion)
Regional Overview, 2015-2025 (USD Million)
- North America
- Rest of Europe
- Asia Pacific
- Rest of APAC
- Central & South America
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of MEA