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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 | Aug 2016

Gold star: Faster internet connections and a trend to upskill have supported industry growth

The Online Education market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 12-17
8.7%
Annual Growth 17-22
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Profit
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Employment
14,665
Businesses
1,176
Industry Analysis & Industry Trends

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

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

Industry Report - Industry SWOT Analysis Chapter

The industry is in the growth stage of its industry life cycle. Over the 10 years through 2020-21, the industry's contribution to the economy (industry value added) is expected to grow by a compound annual rate of 5.2%, a strong performance when compared with expected compound annual GDP growth of 2.6% over the same period. This indicates that the industry is growing at a faster pace than the overall economy.

Online education introduces a range of new products to the Education and Training division, which are opening up new markets. From school age to mature age, the convenience of online education has enabled individuals from all walks of life to become a participant of the industry.

Aiding growth is the take-up and advancements of mobile technology... 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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