Online education becomes a fast-growing market as many stay home

PR Newswire | July 10, 2020

Online education was considered a fast-growing market even before the pandemic spread around the globe. Now, the increasing penetration of internet in many regions across the globe is a major factor driving the market growth. Furthermore, other technological advancements, such as cloud-based solutions coupled with huge investments by major market players towards enhancing the security and reliability of cloud based education platforms also play a major role in the market development. By end user segment, the online education market is comprised of K-12 education, higher education, industry and professionals, and others. Of course, it is the comfort that online education service providers offer that caused the high demand in recent years. However, online education also often provides a more personalized learning experience where students can learn at their own pace, from anywhere, as long as they have an internet connection. And, according to Research and Markets, the global online education market is projected to witness a CAGR of 9.23% during the forecast period to reach a total market size of USD 319.167 Billion in 2025, increasing from USD 187.877 Billion in 2019. Color Star Technology Co., Ltd. (NASDAQ: HHT), Chegg, Inc. (NYSE: CHGG), Perdoceo Education Corporation (NASDAQ: PRDO), K12 Inc. (NYSE: LRN), New Oriental Education & Technology Group Inc. (NYSE: EDU)

Spotlight

Join Professor Brian Hallett, an expert in Visual Communication and Branded Content, as he unveils the transformative power of AI in education at IE University. Discover how IE University empowers students to embrace AI as a valuable tool for creativity and critical thinking. Witness real-life examples where AI enhances students' inventions and analyses, raising the bar for excellence. Experience the future of personalized learning, where AI and humans collaborate to create a dynamic and enriching academic environment. Hit play now and unlock your true potential with AI-enhanced education at IE University! IE University

Spotlight

Join Professor Brian Hallett, an expert in Visual Communication and Branded Content, as he unveils the transformative power of AI in education at IE University. Discover how IE University empowers students to embrace AI as a valuable tool for creativity and critical thinking. Witness real-life examples where AI enhances students' inventions and analyses, raising the bar for excellence. Experience the future of personalized learning, where AI and humans collaborate to create a dynamic and enriching academic environment. Hit play now and unlock your true potential with AI-enhanced education at IE University! IE University

Related News

Online Education

EpicQuest Education's Davis College Announces Continued Articulation Agreement with Lourdes University

PRnewswire | July 06, 2023

EpicQuest Education Group International Limited , ("EpicQuest Education", "EEIQ" or the "Company"), a provider of comprehensive education solutions for domestic and international students seeking college and university degrees in the US, Canada and the UK, today announced that Davis College and Lourdes University will officially sign an Articulation Agreement (the "Agreement") signifying their continued academic partnership. Davis College President Diane Brunner and Lourdes University President William J. Bisset will officially sign the Agreement tomorrow, July 6th, at 10:30 am ET on the Lourdes University campus in Sylvania, Ohio. The purpose of the Agreement between Davis College and Lourdes University is to renew the transfer pathway for Davis College students where course credits earned at Davis College could be transferred and accepted by Lourdes University. As specified by the Agreement, certain transfer credits can be applied towards one of the baccalaureate degree programs offered by the Lourdes University College of Business and Leadership and allocated as per the programs' requirements. "Educational partnerships and articulation agreements such as this are vital to providing a seamless transfer for students looking to further their education and careers. We continue to focus on developing career training programming and partnerships with renowned universities that will expand our students' options in today's challenging job market. Davis College is committed to student success, and we are pleased to recommit to this partnership," commented Diane Brunner, President of Davis College. "The Lourdes University College of Business and Leadership has a long history of providing transfer pathways and articulation agreements for Davis College business graduates. We are so pleased to reaffirm our commitment to this region's higher education students and employers," added Jami Curley, Interim Dean of the Lourdes University College of Business and Leadership. In addition, the Agreement states that the faculty and staff of both Davis College and Lourdes University are encouraged to visit each institution to plan, survey, observe and/or participate in meetings with students and/or faculty. The Agreement will take effect in the Fall of 2023 and will be reviewed periodically to ensure any updates of courses applicable from either institution are reflected for accuracy. The Company believes that its academic partnership programs are important as they offer students a clear pathway for continued academic advancement and expanded career opportunities. Through articulation agreements with select universities, both Davis College and EduGlobal College students can pursue university degrees in a variety of fields. The Company's mission is to provide cost-effective and high-value academic experiences of a practical nature for its students. In addition, EEIQ's international collaborations offer enriched multicultural experiences that can help students reach their full potential and better prepare them for careers in the global economy. About EpicQuest Education Group International Limited EpicQuest Education Group International Limited ("EpicQuest Education" or the "Company") provides comprehensive education solutions for domestic and international students seeking university and college degrees in the US, Canada and the UK. The Company owns and operates EduGlobal College, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company operates and is a 70% owner of Davis College, a career training college located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the Miami University Regional campuses, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University. The Company is also a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University, both of which are located in the UK.

Read More

Online Education

Flatiron School Introduces Pivotal AI-Powered Chatbot Learning Aid

Businesswire | August 10, 2023

Flatiron School, a global provider of technical education, introduced an innovative AI-powered chatbot designed to enhance learning experiences across their software engineering, data science, cybersecurity, and product design courses. Flatiron Schools chatbot comes at a critical time, where demand for adaptive learning and general AI fluency is at an all-time high. Embedded into learning materials so it has an awareness of the curriculum, this 24/7 learning aid is focused on facilitating independent thinking and will support students with a more personalized experience. The chatbot will make use of analogies, diagrams, and code challenges, helping students better understand complex concepts and hone problem-solving skills. Additionally, the chatbot will allow students to interact in their native language. The chatbot is a value-add to Flatiron School’s existing support system, so students will still have the opportunity to connect with a live, dedicated technical coach during regular office hours. Chatbot benefits include: • 24/7 Access. A complement to regular live support, students have access to the chatbot round-the-clock, allowing them to study on their own schedule, irrespective of time zone. • Multilingual Support. Students can facilitate chat in their native language, breaking down language barriers and fostering deeper understanding of course material. • Learning Assistance. Common roadblocks and questions are promptly addressed; students can overcome challenges and grasp difficult subjects quickly. “Flatiron School has always been committed to dynamic learning, flexing our courses and instruction based on individuals' unique styles and needs. The chatbot is another resource for student success and aligns with our vision to foster a holistic and inclusive learning environment,” said Pete Barth, Chief Product Officer. About Flatiron School Since 2012, Flatiron School has been an education innovator, training over 10,000 graduates in software engineering, data science, cybersecurity, and product design. Flatiron School works with students, universities and colleges, and industry-leading companies around the world to provide essential technical training. When it comes to landing a job, Flatiron School graduates have a proven track record of success thanks to experienced instructors and dedicated career coaches.

Read More

Corporate Education and Training

YouScience® Brightpath Empowers Educators and Students for Academic and Career Success

PR Newswire | August 25, 2023

Based on nationwide research, the majority of high school graduates face a lack of preparedness in making crucial college or career decisions upon graduation, often feeling uncertain about their chosen educational or career paths. • Nearly 75% of high school graduates did not feel fully prepared to decide on their future career or education during high school. • 37% of high school graduates are not sure they are where they want to be in their education or career path Moreover, the strain on counselors and teachers–due to heavy workloads and limited resources–exacerbates the issue by creating gaps in essential discussions about postsecondary opportunities. There is an acute need for solutions that bridge this gap, and help students who are struggling to transition from high school to college, trade school, and career. YouScience® is the leading technology provider dedicated to solving the skills gap crisis for students and employers. Thousands of middle schools, high schools, colleges, universities, trade schools, chambers of commerce, and employer partners use various applications from YouScience. The award-winning education technology company recently launched YouScience Brightpath, which supports educators in addressing critical issues facing students in one unified platform. With Brightpath, educators can: 1. Personalize students' education pathways for increased academic and career success. 2. Provide deeper purpose for classwork by supporting real-world career outcomes into every student's educational journey. 3. Connect students to their future by bridging the gap between education and industry in meaningful and personalized ways. 4. Support every student's growth through the major transitions between middle school to high school, high school to post-secondary learning, and from the classroom to careers. "Brightpath has been an incredible tool to measure student growth in the classroom," said Joel Casiday, from Coldspring-Oakhurst High School in Coldspring, Texas. "Our teachers can give their pre-assessment at the beginning of the year and then the certification exam for the course at the end of the year. The student receives real-time certifications and the teacher has valuable data that shows student growth and instructional impact. With the launch of the career research tools and all the full Brightpath suite offers, our students will be poised for success after graduation." YouScience Brightpath makes it easier for educators to help students connect what they are learning in the classroom to real-world applications. This includes career and technical education (CTE) programs, skill certifications and credentials, and resume creation. "Having a comprehensive platform that helps us connect what students are learning in the classroom with real-world career opportunities turns education into a tangible experience," said Thalea Longhurst, State CTE Director for the Utah State Board of Education. "Local employers also like YouScience Brightpath because they can engage with students, who have the aptitudes and certifications they need, to start building a talent pipeline. It opens doors and opportunities for all Utah students to have a successful future—whether that's 4-year college, trade school, or jumping into a career." Research shows that helping students discover their aptitudes, and building personalized high school and postsecondary pathways, enables student success. In 2022, nearly 80% of high school graduates reported feeling better prepared to choose their educational and/or career pathway based on understanding their natural aptitudes. "Unleashing student potential is at the heart of what we do," said YouScience CEO Edson Barton. "To do that we must empower educators with the best professional tools. Brightpath makes it easier to collaborate across schools and districts, between middle and high schools, and from grade to grade. Brightpath is designed for today's professional educator. Speed, ease of use, scalability, and systems simplicity is top of mind." About YouScience YouScience is the leading technology provider dedicated to solving the skills gap crisis for students and employers. Its end-to-end platform, YouScience® Brightpath, connects education with career applications designed to help students unlock their potential for future pathways. YouScience leverages proven research, artificial intelligence, and industry input to help individuals identify their natural talents, validate their skills and knowledge, and get matched with real-world educational and career pathways in high-demand occupations. YouScience is the preferred choice of individuals, parents, educators, and counselors to guide and support educational and career pathways, currently serving more than 7,000 educational institutions and nearly one million users.

Read More