Distance Learning Market by Type and Geography - Global Forecast and Analysis 2019-2023

The global distance learning market size will grow by USD 90.37 billion during 2019-2023. This market report provides a detailed analysis of the market by type (traditional, and online) and geography (APAC, Europe, MEA, North America, and South America). The report analyzes the market’s competitive landscape and offers information on several market vendors including Arizona State University, Aston University, University of Exeter, University of Missouri System, and University of Wisconsin System.

Key Insights of Distance Learning Market – Global Forecast 2019-2023

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Industry Overview

The concept of microlearning, which involves bite-sized learning modules and short-term learning activities, is gaining traction among students because of the high emphasis on personalization and adaptive learning. Microlearning splits broad topics of a degree into small units in the form of videos, audios, texts, or infographics which can be delivered within a short span of time. This makes the information concise, relevant, interesting, and engaging for students. The growing popularity of online microlearning will encourage higher education institutions to offer microlearning options in their curriculum along with traditional multi-year degree programs. Hence, the growing popularity of online microlearning will be a critical distance learning market trend which will positively influence the growth of the market.

Technological advancements in the education sector such as e-learning, m-learning, and blended learning have led to an increase in the number of distance learning enrolments. Distance learning programs have emerged as the most popular option for students who are pursuing advanced studies and seek flexible formats for degree programs. The US and the UK have witnessed rapid growth in the number of distance learning enrolments. The number of enrolments for distance learning in emerging countries such as India and South Africa has also increased considerably over the last few years. This increasing number of distance learning enrolments for higher education will fuel the growth of the market at a CAGR of over 9% during the forecast period.

Top Companies in the Distance Learning Market

The global distance learning market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this distance education market research report also includes information on upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.

The report offers a detailed analysis of several leading distance learning universities, including:

• Arizona State University 
• Aston University 
• University of Exeter 
• University of Missouri System
• University of Wisconsin System

Market Segmentation

Distance Learning Market by Type

• Traditional
• Online

The traditional segment will account for the highest distance learning market share over the forecast period. However, lesser instructor-student interaction and lack of guidance may hinder the growth of the market in this segment leading to the growing popularity of the online segment which is expected to post the highest incremental growth. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size.

Distance Learning Market by Region

• APAC
• Europe
• MEA
• North America
• South America

With a complete study of the growth opportunities for the companies, it has been identified that North America will account for the highest share of the distance learning market throughout the forecast period. Factors such as easy accessibility, flexibility in terms of time and location, and affordability will boost the market growth in this region.

Key Highlights of the market – Forecast 2019 – 2023

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the distance learning market during the next five years
• Precise estimation of the global distance learning market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the distance learning industry across APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details of factors that will challenge the growth of distance learning companies

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