Online Learning Platforms - Kenya

Kenya

Highlights

Revenue in the Online Learning Platforms market is projected to reach US$68.36m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 20.66%, resulting in a projected market volume of US$174.80m by 2029.
In the Online Learning Platforms market, the number of users is expected to amount to 5.1m users by 2029.
User penetration will be 5.9% in 2024 and is expected to hit 8.2% by 2029.
The average revenue per user (ARPU) is expected to amount to US$20.51.
In global comparison, most revenue will be generated China (US$40.60bn in 2024).
With a projected rate of 21.9%, the user penetration in the Online Learning Platforms market is highest China.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Online Learning Platforms market in Kenya has witnessed significant growth in recent years, driven by customer preferences for flexible and accessible education options, as well as local special circumstances that have accelerated the adoption of online learning. Additionally, underlying macroeconomic factors have played a role in shaping the development of the market.

Customer preferences: In Kenya, there is a growing demand for online learning platforms due to their flexibility and accessibility. Many individuals, especially working professionals and students, are seeking the convenience of being able to access educational content from anywhere and at any time. Online learning platforms offer a wide range of courses and programs that cater to the diverse needs of learners, allowing them to acquire new skills or enhance their existing knowledge.

Trends in the market: One of the key trends in the online learning platforms market in Kenya is the increasing popularity of mobile learning. With the widespread use of smartphones and affordable internet connectivity, mobile devices have become the primary means of accessing online education. This trend has led to the development of mobile-friendly learning platforms and the creation of content specifically designed for mobile consumption. Another trend in the market is the emergence of localized online learning platforms. These platforms offer courses and content that are tailored to the Kenyan context, addressing the specific needs and challenges faced by learners in the country. This localization not only enhances the relevance of the educational content but also promotes the use of local languages, making it more accessible to a wider audience.

Local special circumstances: The COVID-19 pandemic has had a significant impact on the online learning platforms market in Kenya. With the closure of schools and universities, there has been a surge in demand for online education as a means of continuing learning remotely. This has led to increased adoption of online learning platforms by educational institutions and individuals alike. The pandemic has served as a catalyst for the growth of the market, accelerating the digital transformation of the education sector in Kenya.

Underlying macroeconomic factors: Kenya's digital economy has been growing rapidly, supported by investments in infrastructure and the government's commitment to promoting digital literacy. This has created an enabling environment for the development of online learning platforms. Additionally, the country's young and tech-savvy population, coupled with a high smartphone penetration rate, has fueled the demand for online education. Furthermore, the government of Kenya has recognized the importance of online learning in bridging the education gap and addressing the skills mismatch in the labor market. Initiatives such as the Digital Literacy Program and the Digital Learning Program have been implemented to promote the use of technology in education. These initiatives have not only increased access to online learning platforms but also created a favorable regulatory environment for their growth. In conclusion, the Online Learning Platforms market in Kenya has experienced significant growth due to customer preferences for flexible and accessible education, the emergence of mobile learning, the localization of content, the impact of the COVID-19 pandemic, and underlying macroeconomic factors such as the growth of the digital economy and government initiatives. The market is expected to continue evolving as technology advances and more individuals and institutions recognize the benefits of online education.

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.