Global Online Education Market to Grow by $148.22 Billion During 2023-2027

The "Global Online Education Market 2023-2027” report has been recently been published by ResearchAndMarkets.com

According to the report, the online education market is poised to grow by $148.22 billion during 2023-2027, accelerating at a CAGR of 9.49% during the forecast period. The market is driven by the standardization of tests, rapid penetration of Internet-enabled devices, and increasing focus on language learning.

This report on the online education market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.

The online education market is segmented as below:

By Type

• Primary and secondary supplemental education
• Reskilling and online certifications
• Higher education
• Test Preparation
• Language and casual learning

By End-user

• Academic
• Corporate
• Government

By Geography

• North America
• APAC
• Europe
• South America
• Middle East and Africa

This study identifies the apps and wearables for online education as one of the prime reasons driving the online education market growth during the next few years. Also, the growing popularity of online microlearning and standardization of tests will lead to sizable demand in the market.

Source: businesswire.com