Edison, NJ -- (SBWIRE) -- 12/10/2020 -- The "Online Education - Market Development Scenario " Study has been added to HTF MI database. The study envisage qualitative as well as quantitative market data and follows Industry benchmark classification and NAICS standards to built strong players coverage for final study. Some of the major and emerging players identified are NIIT Limited, Aeon Learning Private Limited, Coursera Inc., Duolingo Inc., Individual Learning Private Limited, Simplilearn Solutions Private Limited, Sorting Hat Technologies Private Limited , Think and Learn Private Limited, Udemy India LLP, upGrad Education Private Limited.
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Online education is a flexible learning method that offers teachings by means of the Internet, which contains web-based courses, e-learning (electronic learning), m-learning (mobile learning), and computer-supported distance education. This type of education is delivered through various ways which include massive open online courses (MOOCs), online courses, hybrid or blended courses, and certification courses.
With the increasing adoption of the Internet and rise in awareness about e-learning, the online education industry is expected to witness promising growth during the forecast period.
Market insights:
The online education market in India was valued at INR 39 Bn in 2018 and is expected to reach INR 360.30 Bn by 2024, expanding at a CAGR of ~43.85% during the 2019-2024 period. Ease of learning, flexibility, and a wide range of study materials have influenced the overall growth of the industry. However, the lack of formal recognition and accreditation, and abundance of freely available content presents a critical threat to the growth of the sector. The industry is moving towards the adoption of innovative technologies like Artificial intelligence (AI) and machine learning (ML), Big Data Analytics, Blockchain and others to improve the learning experience.
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Important Features that are under offering & key highlights of the report :
1) How COVID-19 Impact Analysis and its effect on Growth is Shown in the Study?
Yes, the overall industry have seen quite big impact due to slowdown and shutdown in production line & supply chain. The study covers a separate qualitative chapter on COVID-19 Impact analysis with strong reasoning and leaders opinion. Additionally it also provide before and after growth scenario due to COVID-19 on sales & market size estimation to better analyze current scenario of Industry.
2) How companies are selected or profiled in the report?
List of some players that are profiled in the the report includes "NIIT Limited, Aeon Learning Private Limited, Coursera Inc., Duolingo Inc., Individual Learning Private Limited, Simplilearn Solutions Private Limited, Sorting Hat Technologies Private Limited , Think and Learn Private Limited, Udemy India LLP, upGrad Education Private Limited". Usually we follow NAICS Industry standards and validate company profile with product mapping to filter relevant Industry players, furthermore list is sorted to come up with a sample size of atleast 50 to 100 companies having greater topline value to get their segment revenue for market estimation.
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
3) Is it possible to add more list of company and customize study as per our need?
Yes, we can add or profile new company as per client need in the report, provided it is available in our coverage list as mentioned in answer to Question 1 and after feasibility run final confirmation will be provided by research team checking the constraints related to difficulty of survey.
4) Can we narrow the available business segments ?
Yes, depending upon the data availability and feasibility check by our Research Analyst, further breakdown in business segments by end use application or product type can be provided (If applicable) by Revenue Size or Volume*.
5) Can specific country of interest be added? What all regional segmentation covered?
Yes, Country level splits can be modified in the study as per objectives. Currently, research report gives special attention and focus on following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Spain, Russia, Central & South America, Brazil, Rest of Central & South America, Middle East & Africa, GCC Countries, Turkey, Egypt & South Africa
** One country of specific interest can be included at no added cost. For inclusion of more regional segment quote will vary.
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Online Education Market Development Scenario by Players
Financials Information, Business Overview and Product Specification Matrix?
Patent Analysis Briefing* [if applicable]?
No. of Patents Issuance by Year / by Players / By Issuing Office?
Key Development – Product/Service Launch, Mergers? & Acquisition, Joint Ventures
Online Education Market Competition
Each company profiled in the research document is studied considering various factors such as product and its application portfolios, market share, growth potential, future plans, and development activity. Readers will be able to gain complete understanding and knowledge of the competitive landscape. Most importantly, the report sheds light on important strategies that key and emerging players are taking to maintain their ranking in the Online Education Market. It shows how the market competition will change in the next few years and how players are preparing themselves to stay ahead of the curve.
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All viewpoints in the report are based on iterative validation by engaging influencer, experts of the market, whose opinions supersede all other research methodologies. Both primary and secondary approach are used and detailed product portfolio / service offering were analysed and have been presented in a separate chapter of competitive landscape along with company profile. Some of the competitors identified in the Online Education Market study include Gamification is one of the most prevalent trends among online education providers to encourage learning through immersive experiences. Simulation of concepts, level advancement badges and incentive-based learning are driving user engagement on online education platforms. Online learning players, nowadays, are continuously competing to offer differentiated products to the target audience, mostly by offering value-added services with regular courses. Value-added services like internships, live projects, group discussions, and career counselling sessions, offered along with regular courses enhance users? experiences. & Competition analysis:.
Research Objectives
- To analyse and forecast the Online Education market, in terms of value and volume.
- Which segment has the potential to gain the highest market share?
- To help decision maker from new offer perspective and benchmark existing marketing strategy.
- Correlate cost structure historical data with key business segments.
- Analyse marketing contribution and customer acquisition by up-selling and cross selling.
- Identifying Influencing factors keeping Online Education Market Intense, factored with periodic analysis of CR4 & CR8 concentration ratio & HHI Index.
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