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Online Education in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Online Education Market Research Report | ANZSIC X0008 | Feb 2016

The power of knowledge: Industry revenue soars as people embrace a lifetime of learning

IBISWorld’s Online Education market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 11-16
10.9%
Annual Growth 16-21
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Profit
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Employment
14,592
Businesses
1,130
Industry Analysis & Industry Trends

The Online Education industry has grown rapidly. Technological advancements and faster internet have allowed the online model to offer a more viable method of learning. With more individuals and businesses recognising the benefits of online education, the use of online learning has soared over the past five years.

A trend towards upskilling, which became apparent during the global financial crisis, has solidified with an increase in the national unemployment rate over the past five years. Higher unemployment has encouraged those out of work to retrain, and employees to upskill to protect themselves from redundancy. Online education provides greater flexibility and enables full-time workers to engage in further learning... purchase to read more

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The cost of establishing online course content and delivery can prevent providers from entering the industry. Although online education offers the potential to expand enrolments and achieve economies of scale in education delivery (not possible in traditional forms of education), the cost of creating quality courses can be expensive. Although massive open online course (MOOCs) platforms have greatly assisted universities in building an online presence, they typically operate an invitation-only model.

Another major barrier to entry is government regulation. Education is highly regulated by all levels of government. At the school level, states retain a high degree of control over education provision... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Online Education Industry?

The industry includes institutions that deliver online education to students. To be considered an online provider, over 80% of the course or unit content offered has to be delivered online. For example, students could be located off-campus for the duration of their enrolment and successfully complete a unit of study. Online education includes study at all levels of education.

Industry Products
Non-formal educationCertificates and diplomasUndergraduate and postgraduate coursesOnline tutoringSchool education
 
Industry Activities
Online course provision


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