Australia Online Education Market By Technology Type (Mobile e-learning, Learning Management System, Podcasts, Rapid e-learning, Virtual Classroom & Application Simulation Tool), By Provider (Service & Content), By Application Type (Academic, Corporate & Government), By Region, Competition Forecast & Opportunities, 2018-2028
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAustralia Online Education Market By Technology Type (Mobile e-learning, Learning Management System, Podcasts, Rapid e-learning, Virtual Classroom & Application Simulation Tool), By Provider (Service & Content), By Application Type (Academic, Corporate & Government), By Region, Competition Forecast & Opportunities, 2018-2028
Australia Online Education market is anticipated to grow over the forecast period. The market's growth is reliant on a variety of variables, including test standardization, the rapid adoption of Internet-enabled devices, and the increasing significance of language learning.
Online education or e-learning is a methodology of teaching which is delivered with the help of online or electronic mediums without the use of classrooms. Online education can also be known as the network-enabled transfer of skill and knowledge. It is widely used by several multinational companies to provide training and crash courses to their employees.
Internet Adoption and Growing Demand for Online Learning
As infrastructure and technology have advanced throughout the nation, internet penetration has skyrocketed, enabling people and businesses to achieve new heights. By providing remote learning courses to students of all ages, the education sector has surpassed other industries throughout the digital disruption. As a convenient and affordable online tool that helps the online education market flourish, many students use online education technology to meet their educational demands without having to leave their homes, businesses, or towns.
Moreover, the main drivers of the market expansion for online education are the improvement of skills and expanded career prospects. Students place a strong emphasis on growing their abilities in order to progress their jobs and get deeper information. As a result, it is projected that the rising adoption of skill development through online certificates on digitised platforms will fuel the expansion of the online education industry.
Integrating Artificial Intelligence and Machine Learning in Online Education Creates Tremendous Opportunities
On e-learning platforms, the usage of AI and machine learning has grown as a result of their capacity to tailor content to the individual knowledge bases of each student. To optimize and enhance learning experiences, AI and ML can swiftly analyze massive volumes of data and detect patterns and trends. It improves course adaptability, speeds up the learning process, and simplifies without compromising quality. The development of e-Learning has been enhanced by automatic translation and localization. For multinational firms with branches in multiple countries or the increasingly prevalent scenario of multinational corporations operating with remote staff who speak different languages, multilingual content can be created.
Apps and wearables for online education will be a key trend in the Australia online education market during the forecast period.
Mobile apps and wearables are two cutting-edge technologies that are now popular in the market. Students are immersed in a distinctive atmosphere thanks to the usage of virtual reality (VR) in teaching. Tutors are augmenting their sessions with a variety of smartphone apps in addition to the usage of VR in online classes. The need for mobile learning apps is being fuelled by the widespread use of smartphones and the expanding Internet.
VR and smartwatches are expected to be the most popular technologies in virtual classrooms. The main benefit of these technologies is the ability to share content easily. Smartwatches keep the user connected always. Besides, a smartwatch can be connected to other devices, such as smartphones, which makes online tutoring convenient for end-users. Therefore, more vendors will adopt such technologies in their offerings during the forecast period, which will support market growth.
Standardization of Tests Will Drive the Australia Online Education Market
The market for online education is predicted to expand as a result of factors such the rising usage of cutting-edge technology, the shortcomings of the conventional educational system, and the expanding personalization of material distribution. The popularity of online educational programs will be significantly influenced by the availability of thorough information to students at reasonable costs. Brands will decide to set themselves apart by offering value-added services like soft skill development and career guidance.
Educational institutions are putting more and more emphasis on online education as a result of the high cost and limited accessibility of traditional printed textbooks. Additionally, vendors offer platforms for simulation learning and audio-visual content that may be tailored to the curricula of individual schools. The availability of numerous support tools, including learning management systems (LMS), enterprise resource planning (ERP), augmented reality (AR), virtual reality (VR), blended learning solutions, and student assessment software, has also significantly increased the demand for online education from different schools and universities. These elements will stimulate market expansion.
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Market Segments
Australia online education market is segmented into technology type, provider, application type, region and competitive landscape. Based on technology type, the market is segmented into mobile e-learning, learning management system, podcasts, rapid e-learning, virtual classroom and application simulation tool. Based on provider, the market is segmented into service and content. Based on application type, the market is segmented into academic, corporate and government.
Market Players
Adobe Systems Pty. Ltd., Blackboard Australia Pty Ltd., Cisco Systems Australia Pty Ltd., McGraw-Hill Australia Pty Ltd, Academies Australasia Group Limited, IDP Education Proprietary Limited, Navitas Limited, Pearson Australia Group Pty Ltd.,
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023E |
| Forecast Period | 2024F – 2028F |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | By Technology Type By Provider By Application Type By Region |
| Regional Scope | Australia Capital Territory & New South Wales, Victoria & Tasmania, Western Australia, Queensland, Northern Territory & Southern Australia |
| Key companies profiled | Adobe Systems Pty. Ltd., Blackboard Australia Pty Ltd., Cisco Systems Australia Pty Ltd., McGraw-Hill Australia Pty Ltd, Academies Australasia Group Limited, IDP Education Proprietary Limited, Navitas Limited, Pearson Australia Group Pty Ltd., Moodle Pty Ltd, The Learning Hook |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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