Global Online Education Market -Trends & Forecast, 2017-2023

Published - Aug 2018 | Category - ICT and Media | No. of Pages - 154 | Published By - Market Research Future


Introduction


The Global Online Education Market has been anticipated to grow at an increasing CAGR during the forecast period. With the advancement in technologies all over the world, the trend of Online Education is on the rise. The conventional form of education has certain demerits such as lack of exact resources, time loss, and extra efforts. These all demerits have been reduced with the advent of online education system. It has provided greater resources availability, easy understanding, time savings, etc. Online education system has proved to be an effective aid when compared against conventional education system. A person sitting at home has all the resources to a much greater level and need not waste time collecting study data from different locations. The online education system can be segmented into voice streaming, chat, video, voice and voice streaming, etc.

Market Drivers

Growing technological advancement and growing young population are the key drivers for the growth of Global Online Education Market. Job-embedded professional learning and personalized learning that are adopted in schools have also led to the growth of Global Online Education Market. With the online education system offering better knowledge and understanding abilities have shifted many student to this form of education. Availability of vast resources through the internet world and personalised teaching approaches are boosting the market growth during the forecast period.