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The Market for Distance Learning Programs

The distance learning program market is segmented into three segments namely K-12 learning, college learning and enterprise learning. It should be clear that ‘distance learning’ in current practice includes online learning, e-learning, flexible learning and blended learning. . In 2012, analysts estimate that the distance learning market will reach $90 billion. It is projected to reach $220 billion by 2017, where the corresponding market share of three segments would be: K12: 27%, Higher Education: 58%, Enterprise: 15%.

World leadersIn higher education, online courses are mainly offered by the best online universities worldwide. One of the pioneers of distance learning, the Open University of London is currently one of the largest providers of distance learning programs for local and international students in Europe. In the United States, Harvard Extension School and the University of Phoenix are known for offering a wide range of distance learning programs. These programs are taught in the form Video, live web conferencing, and hybrid (combination of on-campus and online delivery models). Today, the US and European markets represent more than 70% of the global distance learning industry. optimistic about the future of distance learning.

It is projected that by 2019 almost half of all classes worldwide will be taught online. The rapid rise of internet technology and the ongoing academic revolutions are positive signs that the global distance learning program market is here to stay. extend. In fact, this expected growth is evident in the market study conducted by Study Portals in 2013. Based on their survey of global demand for distance learning, all seven continents show interest in incorporating distance learning programs into their education systems.

Significantly, Europe has the most interest at 45%, followed by Asia and Africa at 25% and 13% respectively. Asian market In Asia, the introduction of distance learning programs in recent years has been significant in India, China, Pakistan, Korea and Malaysia. The size of the distance learning market in India alone was estimated at US$20 billion in 2014. China’s online education market revenue is estimated to have reached about US$13 billion in 2013.

With the presence of online universities and colleges offering affordable online courses in the region, Asia is also becoming a popular study destination for many international students. Some of the most reputable online universities offering distance learning programs in Asia are Open University of China (OUC), Korea National Open University (KNOU), Open University of Malaysia (OUM), Allama Open University Iqbal University (AIOU) and ASEAN Cyber ​​University, Asia e
University, Indira Gandhi Open University (IGNOU), Indonesian Open University and Open Philippine University (UPOU).