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Online Education in Australia - Industry Market Research Report

Publisher IBISWorld
Published Jun 14, 2024
Length 72 Pages
SKU # IBSS19022645

Description

Online Education in Australia - Industry Market Research Report


Online Education in Australia

Technology advancements and broader internet access have made the online education model an attractive and viable option for learning and career advancement. The COVID-19 pandemic accelerated these trends, as social distancing restrictions forced many educational providers to migrate their services online. Online education revenue is expected to spike at an annualised 7.4% over the five years through 2022-23 to total an estimated $9.5 billion. This includes an expected jump of 4.8% in the current year, as students opt for the flexibility and accessibility offered by online study.

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 must be delivered online. For instance, students could be located off-campus for the duration of their enrolment and successfully complete a unit of study.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

72 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
How Do Licenses Work?
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