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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

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
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 Analysis Chapter

The Online Education industry, which only includes courses or units where at least 80% is delivered over the internet, has grown rapidly. Technological developments and public reception of online courses have been critical to this growth. Education institutions have harnessed the increasing reliability of internet connections and mobile technology to attract more students. Industry revenue is forecast to increase at an annualised 10.9% over the five years through 2015-16, to $5.2 billion. This includes growth of 8.2% over the current year.

The number of online education providers has grown. These operations are usually existing bricks-and-mortar establishments extending their services online... 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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