Report Description

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., Moodle Pty Ltd, The Learning Hook are the major players in the Australia Online Education Market.

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)

 

Report Scope:

In this report, Australia Online Education Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Australia Online Education Market, By Technology Type:
    • Mobile e-learning
    • Learning Management System
    • Podcasts
    • Rapid e-learning
    • Virtual Classroom
    • Application Simulation tool
  • Australia Online Education Market, By Provider:
    • Service
    • Content
  • Australia Online Education Market, By Application Type:
    • Academic
    • Corporate
    • Government
  • Australia Online Education Market, By Region:
    • Australia Capital Territory & New South Wales
    • Victoria & Tasmania
    • Western Australia
    • Queensland
    • Northern Territory & Southern Australia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Australia Online Education Market.

Available Customizations:

TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

·         Detailed analysis and profiling of additional market players (up to five).

Australia Online Education Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Service Overview

1.1.  Market Definition

1.2.  Scope of the Study

2.    Research Methodology

2.1.  Baseline Methodology

2.2.  Methodology Followed for Calculation of Market Size

2.3.  Methodology Followed for Calculation of Market Shares

2.4.  Methodology Followed for Forecasting

3.    Executive Summary

4.    Impact of COVID-19 on Australia Online Education Market

5.    Voice of Customer

6.    Global Online Education Market Overview

7.    Australia Online Education Market Outlook

7.1.   Market Size & Forecast

7.1.1.                           By Value

7.2.   Market Share & Forecast

7.2.1.                           By Technology Type (Mobile e-learning, Learning Management System, Podcasts, Rapid e-learning, Virtual Classroom & Application Simulation Tool)

7.2.2.                           By Provider (Service & Content)

7.2.3.                           By Application Type (Academic, Corporate & Government)

7.2.4.                           By Region

7.2.5.                           By Company (2022)

7.3.  Market Map (By Technology, By Provider, By Application Type, By Region)

8.    Australia Mobile e-learning Online Education Market Outlook

8.1.   Market Size & Forecast

8.1.1.     By Value

8.2.   Market Share & Forecast

8.2.1.               By Application Type

9.    Australia Learning Management System (LMS) Online Education Market Outlook

9.1.   Market Size & Forecast

9.1.1.     By Value

9.2.   Market Share & Forecast

9.2.1.               By Application Type

10. Australia Podcasts Online Education Market Outlook

10.1.        Market Size & Forecast

10.1.1.  By Value

10.2.   Market Share & Forecast

10.2.1.            By Application Type

11. Australia Rapid e-learning Online Education Market Outlook

11.1.        Market Size & Forecast

11.1.1.  By Value

11.2.   Market Share & Forecast

11.2.1.            By Application Type

12. Australia Virtual Classroom Online Education Market Outlook

12.1.        Market Size & Forecast

12.1.1.  By Value

12.2.   Market Share & Forecast

12.2.1.            By Application Type

13. Australia Application Simulation Tool Online Education Market Outlook

13.1.        Market Size & Forecast

13.1.1.  By Value

13.2.   Market Share & Forecast

13.2.1.            By Application Type

14. Market Dynamics                                                                                                      

14.1.             Drivers

14.2.             Challenges      

15. Market Trends and Developments

16. Policy & Regulatory Landscape

17. Australia Economic Profile                                                                                         

18. Competitive Landscape

18.1.             Competition Outlook

18.2.             Company Profiles

18.2.1. Adobe Systems Pty. Ltd.

18.2.1.1.    Company Overview

18.2.1.2.    Service Portfolio

18.2.1.3.    Key Personals

18.2.1.4.    Recent Developments/Updates

18.2.2. Blackboard Australia Pty Ltd.

18.2.2.1.     Company Overview

18.2.2.2.     Service Portfolio

18.2.2.3.     Key Personals

18.2.2.4.     Recent Developments/Updates

18.2.3. Cisco Systems Australia Pty Ltd.

18.2.3.1.  Company Overview

18.2.3.2.  Service Portfolio

18.2.3.3.  Key Personals

18.2.3.4.  Recent Developments/Updates

18.2.4. McGraw-Hill Australia Pty Ltd

18.2.4.1.  Company Overview

18.2.4.2.  Service Portfolio

18.2.4.3.  Key Personals

18.2.4.4.  Recent Developments/Updates

18.2.5. Academies Australasia Group Limited

18.2.5.1.    Company Overview

18.2.5.2.    Service Portfolio

18.2.5.3.    Key Personals

18.2.5.4.    Recent Developments/Updates

18.2.6. IDP Education Proprietary Limited

18.2.6.1.     Company Overview

18.2.6.2.     Service Portfolio

18.2.6.3.     Key Personals

18.2.6.4.     Recent Developments/Updates

18.2.7. Navitas Limited

18.2.7.1.     Company Overview

18.2.7.2.     Service Portfolio

18.2.7.3.     Key Personals

18.2.7.4.     Recent Developments/Updates

18.2.8. Pearson Australia Group Pty Ltd.

18.2.8.1.     Company Overview

18.2.8.2.     Service Portfolio

18.2.8.3.     Key Personals

18.2.8.4.     Recent Developments/Updates

18.2.9. Moodle Pty Ltd

18.2.9.1.     Company Overview

18.2.9.2.     Service Portfolio

18.2.9.3.     Key Personals

18.2.9.4.     Recent Developments/Updates

18.2.10.    The Learning Hook

18.2.10.1.  Company Overview

18.2.10.2.  Service Portfolio

18.2.10.3.  Key Personals

18.2.10.4.  Recent Developments/Updates

19. Strategic Recommendations

20. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The leading market players in Australia online education market include 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.

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Growth in household discretionary income increases the affordability of online education and may subsequently boost demand for industry services.

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The primary positive factors affecting this industry are a growing life cycle stage and national unemployment rate.

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Online courses teach students how to manage their time better since the student bears the responsibility of engaging with the course instead of simply showing up to class on an assigned day and time.

profile

Sakshi Bajaal

Business Consultant
Press Release

Australia Online Education Market to be dominated by Victoria & Tasmania region until 2028

May, 2023

Increasing internet adoption and integration of AI and ML in online education are expected to drive the Australia Online Education Market during the forecast period, 2024-2028.