Online Coaching Market By Type, By Age Group, By Provider : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Online Coaching Market," The online coaching market was valued at $3.2 billion in 2022, and is estimated to reach $11.7 billion by 2032, growing at a CAGR of 14% from 2023 to 2032.

Online coaching is a method of guidance and support delivered over the Internet or through digital communication channels. In this form of coaching, individuals or groups receive personalized assistance and expertise in various aspects of personal or professional development, spanning fitness and health, life coaching, business and career development, academic support, language acquisition, financial planning, relationship improvement, and more. It is typically conducted through video calls, phone conversations, or messaging platforms. Online coaching offers the convenience of remote access which eliminates geographical limitations and enables clients to connect with coaches at a global level. This approach fosters flexibility in scheduling and is increasingly popular due to its accessibility and adaptability to diverse coaching needs.

The online coaching market is analyzed on the basis of type, age group, provider, and region. On the basis of type, it is divided into academic, corporate, and others. On the basis of age group, it is categorized into Below 10 years, 10-17 years, 18-30 years, and above 30 years. On the basis of provider, it is divided into professor/ faculty, educational institution, freelancer, and others. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, Russia, and the rest of Europe), Asia-Pacific, (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and rest of Asia-Pacific) and LAMEA (Brazil, United Arab Emirates, South Africa, Saudi Arabia, and rest of LAMEA).

The impact of the COVID-19 outbreak was positively high on the growth of the online coaching market. Travel restrictions and lockdowns ceased the activities carried out in the education industry. Consequently, it has increased the demand for the online coaching market.

The need for online coaching has increased on a global scale. The need for online tutoring has grown as more people use the internet. Moreover, digitalization has fundamentally changed the educational landscape. As a result, the online tutoring market has experienced rapid expansion. According to research, 5.19 billion people, or 64.5% of the wglobal population, is expected to be online in 2023 according to studies conducted. Local and national colleges, as well as other educational sectors along with smaller nondegree providers, have shifted to the online education market. Furthermore, as they have access to a huge number of students across the globe, online coaches have made specialized instruction simpler and there are no concerns with remote users.

Students have also adapted to the ongoing change in the business management environment by updating their own management skills. Students now have the opportunity to keep up with the ongoing changes in business and industry thanks to online coaching. Moreover, specialization refers to a number of course categories that can be conveniently accessed on one or two platforms, such as elective courses in health and wellness, social, business, creative, and financial education. For instance, life coaches help their clients improve their overall well-being, build their personal relationships, and accomplish their career and personal goals. Business executives and professionals are helped in developing their leadership, decision-making, and professional abilities by expert instructors. The performance, communication, and teamwork of their businesses are improved by entrepreneurs and business owners. Online coaching provides students with a head start in developing the crucial skills needed to advance in their employment or enter a brand-new, more promising field of work. Furthermore, because of the convenient position of the platform, switching between programs is easier. The market for online coaching has expanded as a result of all these causes.

Employees have the opportunity to learn new skills from other employees while also improving their existing ones through online tutoring. According to that people typically lose half of the knowledge they acquire, and coordinating training presents a means of enhancement of memory. It helps people build new relationships, improves connection and collaboration in remote work settings, and demonstrates how people work together productively by harnessing their distinct strengths. Moreover, coaching networks give the opportunity to attract more potential clients by utilizing the credibility that other coaches have established in their networks. For instance, an EdTech company in Silicon Valley that creates courses and other online content for sale has established a strategic partnership with Microsoft and G7 CR Technologies.

However, not all students and teachers have access to laptops and computers because of distance learning and a lack of suitable IT infrastructure. Many students lack the digital literacy required to effectively use online learning platforms despite having access to technology. Rural and poor populations lack access to the technology needed to participate in online education, such as smartphones, computers, and frozen secure internet connections. Moreover, reliable, and speedy Internet access is required for online learning, but many desolate areas still lack adequate network infrastructure, which causes problems and restricts access to online content. A proper learning environment at home is necessary to maintain effectiveness of the lesson; this includes a lack of privacy and a peaceful environment. Furthermore, while teaching online, scrupulous protection of the personal information of employees or students registered in the course is necessary. Unauthorized access to, reuse of, or sale of personal information of the user to third parties is one of the concerns of consumers. In addition, some of the most common security and privacy issues include phishing and social engineering, loss or misuse of personal information, malware, and hacker attempts. Phishing schemes and social engineering attacks are two hazards that compromise personal information of the customer. The aforementioned factors have hampered the growth of the online coaching market.

The major players analyzed for the online coaching market include Udemy, Inc., Coursera Inc., LinkedIn Corporation, Skillsoft Corporation, Skillshare, Inc., Udacity, Inc., Yanka Industries, Inc., Think and Learn Private Limited, 2U, Inc., and Khan Academy, Inc.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the online coaching market analysis from 2022 to 2032 to identify the prevailing online coaching market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the online coaching market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global online coaching market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
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Free Industry updates and white papers.

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Consumer Buying Behavior Analysis
Average Consumer Expenditure
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Brands Share Analysis
Historic market data

Key Market Segments

By Type

Academic
Corporate
Others

By Age Group

Below 10 years
10-17 years
18-30 years
Above 30 years

By Provider

Professors/Faculty
Educational Institution
Freelancer
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- Malaysia
- Thailand
- Indonesia
- Rest of Asia-Pacific
LAMEA
- Brazil
- United Arab Emirates
- South Africa
- Saudi Arabia
- Rest of LAMEA

Key Market Players:

Udacity, Inc.
LinkedIn Corporation
Udemy, Inc.
Skillshare, Inc.
Yanka Industries, Inc.
Coursera, Inc.
Skillsoft Corporation
Think and Learn Private Limited
2U, Inc.
Khan Academy, Inc.

Product Code: A06528

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. High bargaining power of suppliers
- 3.3.2. Moderate threat of new entrants
- 3.3.3. High threat of substitutes
- 3.3.4. Moderate intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Rise in the number of Internet users
  - 3.4.1.2. Surge in technological advancement for e-learning
  - 3.4.1.3. Availability of diverse coaching specializations
- 3.4.2. Restraints
  - 3.4.2.1. Lack of infrastructure and essential learning environment
  - 3.4.2.2. Rise in security and privacy Concerns
- 3.4.3. Opportunities
  - 3.4.3.1. Rise in collaboration and partnerships
3.5. Value Chain Analysis

CHAPTER 4: ONLINE COACHING MARKET, BY TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Academic
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Corporate
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Others
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country

CHAPTER 5: ONLINE COACHING MARKET, BY AGE GROUP

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Below 10 years
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. 10-17 years
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. 18-30 years
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Above 30 years
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country

CHAPTER 6: ONLINE COACHING MARKET, BY PROVIDER

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Professors/Faculty
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Educational Institution
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Freelancer
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country

CHAPTER 7: ONLINE COACHING MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Type
- 7.2.3. Market size and forecast, by Age Group
- 7.2.4. Market size and forecast, by Provider
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Market size and forecast, by Type
  - 7.2.5.1.2. Market size and forecast, by Age Group
  - 7.2.5.1.3. Market size and forecast, by Provider
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Market size and forecast, by Type
  - 7.2.5.2.2. Market size and forecast, by Age Group
  - 7.2.5.2.3. Market size and forecast, by Provider
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Market size and forecast, by Type
  - 7.2.5.3.2. Market size and forecast, by Age Group
  - 7.2.5.3.3. Market size and forecast, by Provider
7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Type
- 7.3.3. Market size and forecast, by Age Group
- 7.3.4. Market size and forecast, by Provider
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. UK
  - 7.3.5.1.1. Market size and forecast, by Type
  - 7.3.5.1.2. Market size and forecast, by Age Group
  - 7.3.5.1.3. Market size and forecast, by Provider
  - 7.3.5.2. Germany
  - 7.3.5.2.1. Market size and forecast, by Type
  - 7.3.5.2.2. Market size and forecast, by Age Group
  - 7.3.5.2.3. Market size and forecast, by Provider
  - 7.3.5.3. France
  - 7.3.5.3.1. Market size and forecast, by Type
  - 7.3.5.3.2. Market size and forecast, by Age Group
  - 7.3.5.3.3. Market size and forecast, by Provider
  - 7.3.5.4. Italy
  - 7.3.5.4.1. Market size and forecast, by Type
  - 7.3.5.4.2. Market size and forecast, by Age Group
  - 7.3.5.4.3. Market size and forecast, by Provider
  - 7.3.5.5. Spain
  - 7.3.5.5.1. Market size and forecast, by Type
  - 7.3.5.5.2. Market size and forecast, by Age Group
  - 7.3.5.5.3. Market size and forecast, by Provider
  - 7.3.5.6. Russia
  - 7.3.5.6.1. Market size and forecast, by Type
  - 7.3.5.6.2. Market size and forecast, by Age Group
  - 7.3.5.6.3. Market size and forecast, by Provider
  - 7.3.5.7. Rest of Europe
  - 7.3.5.7.1. Market size and forecast, by Type
  - 7.3.5.7.2. Market size and forecast, by Age Group
  - 7.3.5.7.3. Market size and forecast, by Provider
7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Type
- 7.4.3. Market size and forecast, by Age Group
- 7.4.4. Market size and forecast, by Provider
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Market size and forecast, by Type
  - 7.4.5.1.2. Market size and forecast, by Age Group
  - 7.4.5.1.3. Market size and forecast, by Provider
  - 7.4.5.2. Japan
  - 7.4.5.2.1. Market size and forecast, by Type
  - 7.4.5.2.2. Market size and forecast, by Age Group
  - 7.4.5.2.3. Market size and forecast, by Provider
  - 7.4.5.3. India
  - 7.4.5.3.1. Market size and forecast, by Type
  - 7.4.5.3.2. Market size and forecast, by Age Group
  - 7.4.5.3.3. Market size and forecast, by Provider
  - 7.4.5.4. Australia
  - 7.4.5.4.1. Market size and forecast, by Type
  - 7.4.5.4.2. Market size and forecast, by Age Group
  - 7.4.5.4.3. Market size and forecast, by Provider
  - 7.4.5.5. Malaysia
  - 7.4.5.5.1. Market size and forecast, by Type
  - 7.4.5.5.2. Market size and forecast, by Age Group
  - 7.4.5.5.3. Market size and forecast, by Provider
  - 7.4.5.6. Thailand
  - 7.4.5.6.1. Market size and forecast, by Type
  - 7.4.5.6.2. Market size and forecast, by Age Group
  - 7.4.5.6.3. Market size and forecast, by Provider
  - 7.4.5.7. Indonesia
  - 7.4.5.7.1. Market size and forecast, by Type
  - 7.4.5.7.2. Market size and forecast, by Age Group
  - 7.4.5.7.3. Market size and forecast, by Provider
  - 7.4.5.8. Rest of Asia-Pacific
  - 7.4.5.8.1. Market size and forecast, by Type
  - 7.4.5.8.2. Market size and forecast, by Age Group
  - 7.4.5.8.3. Market size and forecast, by Provider
7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Type
- 7.5.3. Market size and forecast, by Age Group
- 7.5.4. Market size and forecast, by Provider
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Brazil
  - 7.5.5.1.1. Market size and forecast, by Type
  - 7.5.5.1.2. Market size and forecast, by Age Group
  - 7.5.5.1.3. Market size and forecast, by Provider
  - 7.5.5.2. United Arab Emirates
  - 7.5.5.2.1. Market size and forecast, by Type
  - 7.5.5.2.2. Market size and forecast, by Age Group
  - 7.5.5.2.3. Market size and forecast, by Provider
  - 7.5.5.3. South Africa
  - 7.5.5.3.1. Market size and forecast, by Type
  - 7.5.5.3.2. Market size and forecast, by Age Group
  - 7.5.5.3.3. Market size and forecast, by Provider
  - 7.5.5.4. Saudi Arabia
  - 7.5.5.4.1. Market size and forecast, by Type
  - 7.5.5.4.2. Market size and forecast, by Age Group
  - 7.5.5.4.3. Market size and forecast, by Provider
  - 7.5.5.5. Rest of LAMEA
  - 7.5.5.5.1. Market size and forecast, by Type
  - 7.5.5.5.2. Market size and forecast, by Age Group
  - 7.5.5.5.3. Market size and forecast, by Provider

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap
8.6. Top player positioning, 2022

CHAPTER 9: COMPANY PROFILES

9.1. Udemy, Inc.
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
9.2. Coursera, Inc.
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
9.3. LinkedIn Corporation
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
9.4. Skillshare, Inc.
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Key strategic moves and developments
9.5. Think and Learn Private Limited
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Key strategic moves and developments
9.6. Yanka Industries, Inc.
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Key strategic moves and developments
9.7. Udacity, Inc.
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Key strategic moves and developments
9.8. Skillsoft Corporation
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
9.9. 2U, Inc.
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.9.7. Key strategic moves and developments
9.10. Khan Academy, Inc.
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Key strategic moves and developments