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What is the size of the online education market?

Posted on October 16, 2022 by Author

What is the size of the online education market?

Amid the COVID-19 crisis, the global market for E-Learning estimated at US$250.8 Billion in the year 2020, is projected to reach a revised size of US$457.8 Billion by 2026, growing at a CAGR of 10.3\% over the analysis period.

How much is the elearning industry worth?

The E-Learning market in the U.S. is estimated at US$90 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$105.7 Billion by the year 2026 trailing a CAGR of 12.2\% over the analysis period.

What is current market size?

The “market size” is made up of the total number of potential buyers of a product or service within a given market, and the total revenue that these sales may generate. It’s important to calculate and understand market size for several reasons.

What is sizing the market?

Market sizing is traditionally defined as estimating the number of buyers of a particular product, or users of a service. Because of the relative newness of mobile money, sizing the potential market is a necessary and valuable exercise for a MFSP in the early stages of new product development.

READ:   What are water caves called?

How much is the tech industry worth globally?

Global Martech Industry Worth $344.8bn in 2021.

What is the market size opportunity?

Market Opportunity is an important metric for estimating the long-term potential for an early stage company. Typically, we invest in companies that are going after market sizes of at least $100M. At that size, a market is large enough to support a $25M+ company.

How big is the US Edtech market?

NEW YORK, Nov. 8, 2021 /PRNewswire/ — The Edtech market size is expected to increase by USD 112.39 billion from 2020 to 2025….

Edtech Market Scope
Report Coverage Details
Forecast period 2021-2025
Growth momentum & CAGR Decelerate at a CAGR of 17.85\%
Market growth 2021-2025 USD 112.39 billion

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