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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
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

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 7.0%, 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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