Summary
The global Online Course Platform Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Online course platforms offer products and services that allow you to build, publish, and distribute online courses through the use of Flash, WordPress, Drupal, Joomla, Magento, phpBB, and others.
Market Dynamics
Launch of new courses is expected to aid in growth of the global online course platform market over the forecast period. For instance, in April 2021, Rouxbe, an online culinary school, launched a new course, Kitchen QuickStart, that focuses on kitchen fundamentals to support and complement restaurants’ immediate culinary training needs. Moreover, increasing penetration of internet is also expected to aid in growth of the market. For instance, according to China government-backed Market Intelligence & Consulting Institute and reported by China Internet Watch, internet penetration in China reached 61.2 percent in the first half of 2019, with 854 million internet users at the end of June 2019.
Emergence of Covid-19 is expected to offer lucrative growth opportunities for players in the global online course platform market. For instance, globally, as of 3:57pm CEST, 20 April 2021, there have been 141,754,944 confirmed cases of COVID-19, including 3,025,835 deaths, as reported to the World Health Organization. Increasing investment in the education sector is also expected to offer lucrative growth opportunities for players in the market. For instance, according to India Brand Equity Foundation (IBEF), in November 2019, the Government of India invested US$ 5.4 billion in higher education US$ 8.8 billion in school education and literacy.
Major players operating in the global online course platform market are focused on launching new product and services to enhance their market share. For instance, in April 2021, LearnWorlds Ltd. launched enhanced email integrations in its portfolio of products.
Key Takeaways
Launch of new courses is expected to aid in growth of the global online course platform market over the forecast period. For instance, in April 2021, American Society of Travel Advisors launched a comprehensive new online educational offering intended to promote careers in the travel agency industry and to help new entrants take the first steps toward them.
Major players operating in the global online course platform market are focused on raising funds to enhance their market share. For instance, in September 2020, Thinkific raised US$ 22 million investment from Rhino Ventures.
Major players operating in the global online course platform market include, Thinkific, LearnWorlds Ltd., Podia Labs, Inc., Click 4 Course, Digital Chalk, Pathwright, Social Triggers, Inc., Rouxbe, and Kajabi
The Online Course Platform Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Online Course Platform Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Thinkific
- LearnWorlds Ltd
- Podia Labs, Inc
- Click 4 Course
- Digital Chalk
- Pathwright
- Social Triggers, Inc
- Kajabi
By the Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- split into
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Online Course Platform Market Report:
- To assess the size of the market by value and volume
- Analyze the Online Course Platform Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Online Course Platform Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of –the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Online Course Platform Market
The Online Course Platform Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Online Course Platform Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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