Online Education - MENA
MENA- Revenue in the Online Education market is projected to reach US$572.70m in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 17.91%, resulting in a projected market volume of US$1.30bn by 2029.
- The Online Learning Platform market has a projected market volume of US$373.40m in 2024.
- In global comparison, most revenue will be generated United States (US$87.51bn in 2024).
- The average revenue per user (ARPU) in the Online Education market is projected to amount to US$32.62 in 2024.
- In the Online Education market, the number of users is expected to amount to 23.8m users by 2029.
- User penetration in the Online Education market will be at 10.8% in 2024.
Definition:
Online Education refers to the digital platform facilitating the delivery of educational content and services over the internet. Courses and learning materials are accessed through websites or applications, offering flexibility in learning schedules and locations.Structure:
The Online Education market encompasses user and revenue development across three key segments: (1) Online University Education, (2) Online Learning Platforms, and (3) Professional Certificates. Online University Education includes platforms offering accredited degree programs and courses from universities and colleges (University Platforms), while Online Learning Platforms provide a wide range of courses across various subjects and skill levels (Course Platforms). Professional Certificates encompass platforms offering specialized training and certifications for career advancement and skill development (Certificate Programs).Additional Information:
Revenue figures are based on subscription fees, course enrollment fees, and certification fees within the Online Education marketplace. User and revenue figures primarily represent B2C services, focusing on individual learners accessing educational content and services.In-Scope
- University designed and delivered courses and credentials such as public/private universities, Harvard Business Online
- Online learning platform courses and credentials such as Coursera, Udemy, Babbel
- Professional certification offered through institutes and study prep companies such as PMI, Kaplan.
Out-Of-Scope
- Learning management systems
- Virtual learning environments
- Exclusively B2B companies
