Market Forecast By Component (Laptop, Mobile, Pc), By Software (Worldclass, Courseplay, Yuja), By Learning Type (Chat, Voice, Video And Live Streaming) And Competitive Landscape
|Product Code: ETC433608
|Publication Date: Nov 2022
|Product Type: Market Research Report
|No. of Pages: 75
|No. of Figures: 35
|No. of Tables: 20
The Egypt Online Education Market growth is anticipated to boost over the forecast period owing to many factors. The sector has been rising well in the country since many people are now awareness of the benefits of taking online courses in their free time.
According to 6Wresearch, The Egypt Online Education Market size is expected to grow during 2022-2028. The country has been amongst the most prolific nations in terms of online learning. People in the country are more awareness of how they can take advantages of enrolling in online courses in their free time. The sector has been propelling since the time people came to know about the benefits of taking online courses in the leisure time. Rising investment in online learning platforms and rising enrolment rates are two key factors that are effectively driving this sector.
Growing opportunities for e-learning and growing demand for quality education due to advancements in technology are the factors that are boosting the growth of this sector in the nation. Besides, the initiatives by the government like the National Education Sector Development Plan and the Digital Egypt Program are also driving the market.
The key players in this market are focusing on providing quality educational services to students which is boosting the market growth. The key players also focus on giving good discounts and they hire good teachers to provide people better education which is stimulating the market development. There are certain challenges that this market confronts and they are low adoption rates among the students, lack of broadband infrastructure especially in rural areas and taxation policies and government regulations.
The country imposed lockdown during the pandemic in order to maintain social distancing since it was the only great way maintaining social distancing that time. Many people work from their homes, some lost their jobs and students stopped going to schools since there was complete lockdown in the country. The government of the nation did not want to risk with the education of students; thus, school teachers started taking online classes of students.
Students and other people felt the need to upskill themselves during the pandemic which gave boost to this sector. Many people got fired when pandemic hit this enabled people to upskill themselves by enrolling in courses that can allow them to work online in situations like pandemic and people started enrolling themselves in many courses that prepare them for working from anywhere in the world. This gave boost to online education sector in the country. The Egypt Online Education Market share has been boosting more.
Based on component, the Online Education Market in Egypt can be divided into Laptop, Mobile, and Pc. Out of which, mobile segment accounted for the largest share and it will dominate the sector in the years to come owing to easy usage of mobile.
Based on software, the Egypt Online Education Industry can be divided into Worldclass, Courseplay, and Yuja. In the market, all these segments were performing well and they will continue performing effectively in the near future.
Based on type of learning, the sector in the nation can be segmented into Chat, Voice, Video And Live Streaming. Out of which, the video and live streaming segment held the top position in the market and it will continue doing so.
The market is likely to attain great success in the coming years and many factors will make it possible for this market. Rising investment in online learning platforms and rising enrolment rates are two key factors that are effectively driving this sector. Growing opportunities for e-learning and growing demand for quality education due to advancements in technology are the factors that are boosting the growth of this sector in the nation.
The market is anticipated to grow owing to rising trend of preferring online education among students owing to many advantages like lower fees, ability to join any course at any time and great flexibility in terms of location and time.
The rising affordability of internet and technology access is also stimulating the growth of this sector in the country. Besides, the initiatives by the government like the National Education Sector Development Plan and the Digital Egypt Program are also driving the market. The key players also focus on giving good discounts and they hire good teachers to provide people better education which is stimulating the market development.
The report offers a comprehensive study of the subsequent market segments: