With the acceptance of a new concept called (Bring Your Own Device)/ BYOD and the spread of the Internet penetration around the world, Internet users expect to learn a variety of educational topics anywhere in the world at any time via the Internet. In addition to providing a high-available platform, online learning has greatly reduced the cost of using traditional education, but it must be remembered that the infrastructure needed for online learning must be available so that the desired growth can be achieved.
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Market / Industry segment of online learning market
|Base Year||Market size(B$)||Duration(YEAR)||CAGR(%)||Source Name|
|2019||187.877||6||9.23%||Globe news wire|
|2019||171||6||10.85%||PR news wire|
Influencing factors that changes market size of online learning market
The size of the market value changes under the influence of many factors; the increase and decrease in the rate of these influential factors leads to changes in the value of the market size, which is provided by direct and reverse drivers in the market of online learning market
- The influence of e-learning
- Corona pandemic
- Internet infrastructure
- Costs of Internet services
- Internet access and its low-quality
- Lack of technical support
This market may also be threatened by following risks:
In all different markets and industries, risk is always one of the factors that business founders should be sufficiently aware of. The first step is risk assessment is identification of risks in the market in order to perform risk management. The market of online learning market may also be threatened by following risks:
- Competition risk
- Technology risk
- Reputation risk