Online Education - Belgium

  • Belgium
  • Revenue in the Online Education market is projected to reach US$235.00m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 7.74%, resulting in a projected market volume of US$341.20m by 2029.
  • The Online University Education market has a projected market volume of US$162.20m in 2024.
  • In global comparison, most revenue will be generated in the United States (US$87.51bn in 2024).
  • The average revenue per user (ARPU) in the Online Education market is projected to amount to US$148.30 in 2024.
  • In the Online Education market, the number of users is expected to amount to 2.1m users by 2029.
  • User penetration in the Online Education market will be at 13.5% in 2024.
 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Online Education market in Belgium has witnessed significant growth in recent years, driven by changing customer preferences and the increasing availability of online learning platforms.

Customer preferences:
Belgian consumers are increasingly turning to online education as a convenient and flexible way to acquire new skills and knowledge. The rise of remote work and the need for continuous upskilling have contributed to the growing demand for online courses and training programs. Additionally, the younger generation, which is more tech-savvy and accustomed to digital learning, has embraced online education as a preferred mode of learning.

Trends in the market:
One of the key trends in the online education market in Belgium is the proliferation of e-learning platforms offering a wide range of courses and programs. These platforms cater to diverse interests and industries, including business, technology, healthcare, and languages. The availability of such a variety of courses has made online education more accessible and appealing to a larger audience. Another trend in the market is the increasing adoption of online education by traditional educational institutions. Many universities and colleges in Belgium now offer online degree programs and certifications, allowing students to earn qualifications remotely. This trend has been further accelerated by the COVID-19 pandemic, which forced educational institutions to shift to online learning temporarily.

Local special circumstances:
Belgium's multilingual nature presents a unique challenge and opportunity for the online education market. The country has three official languages - Dutch, French, and German. Online education platforms that offer courses in multiple languages have a competitive advantage in the Belgian market. Additionally, there is a growing demand for language learning courses, particularly for Dutch and French, as they are essential for professional and social integration in Belgium.

Underlying macroeconomic factors:
Belgium has a highly educated workforce and a strong emphasis on lifelong learning. The government and employers encourage individuals to continuously update their skills to remain competitive in the job market. This supportive environment for learning and development has contributed to the growth of the online education market. Furthermore, Belgium has a high internet penetration rate and a well-developed digital infrastructure, making it easier for individuals to access online education platforms. The widespread availability of high-speed internet and the increasing use of smartphones have facilitated the adoption of online learning. In conclusion, the Online Education market in Belgium is experiencing significant growth due to changing customer preferences, the availability of diverse online courses, and the support of underlying macroeconomic factors. The market is expected to continue to expand as more individuals recognize the benefits of online education and as traditional educational institutions further integrate online learning into their offerings.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on Gross Merchandise Value (GMV) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, urban population, usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.

Overview

  • Revenue
  • Analyst Opinion
  • Users
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)