In 2016, the global e-learning market size was US$68.67 billion and it is expected to reach US$82.23 billion by 2019, increasing at a CAGR of 8.77%.
The market is mainly dominated by North America, accounting for 50.98% of the market. The European market followed closely, which is followed by the Asia Pacific market, occupying 10.30% of the global market and is the fastest growing market.
China’s online education market in 2015 was RMB119.1 billion, the growth rate was 35.4%, and the number of users reached 72.27 million. By 2018, the scale of China’s online education market is expected to grow to RMB204.6 billion and there would be more than 130 million users.