The Online Education industry has grown at a rapid pace. Technological advancements and faster internet speeds 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 became particularly apparent during the global financial crisis. While Australia survived the economic downturn relatively unscathed, upskilling has established a permanent place in society.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.