What is the market size of online music education in 2022?
According to the report published by Astute Analytica, the Global Online Music Education Market generated a revenue of US$ 176.74 million in the year 2022.
How many users are there in the online music education industry in 2020?
Globally, the online music education market recorded around 5 Mn users in the year 2020
Name some major companies of the global online music education market?
Berklee College of Music, The Juilliard School, Lessonface, Moosiko, MusicGurus, AFT School, VIP Peilian, Skoove, Lessonface.com, Point Blank, Tonara, Yousician, Coursera, Musitechnic, Udemy, TrueFire, and TakeLessons are some of the major players present in the global online music education market.
How is the Global Online Music Education Market recovering from the COVID - 19 pandemic impacts?
During the outbreak of Covid-19, the education sector quickly adopted smart and online learning which augmented the growth of online music education market.
What is the CR5 ratio of the Global Online Music Education Market?
The cumulative market share of the five major players is close to 44.4%.
Why do people opt for online music education?
Online learning presents an attractive, effective, and affordable option. Online music education allows students to learn at their own pace. This benefit is highly preferred by students and parents.
Is the Global Online Music Education market growing?
The Global Online Music Education market is estimated to grow at a CAGR of 18.4% during the period 2021-2027.
What will be the market size of online music education by 2027?
The online music education market is estimated to generate a revenue of US$ 421.9 million in 2027
How many number of users is expected in the online music education market by 2027?
The online music education market is witnessing around 15.74 Mn users by the end of the year 2027
Which region dominates the online music education market in 2020 and by how much share?
North America dominated the global online music education market in 2020 with 34.3% of the market share.
Which region will grow fastest in the online music education market and why?
Asia Pacific online music education is estimated to forecast a CAGR of 19.6% during the period of 2021-2027. This is due to the transformation and digitalisation of education sector in countries like China, India, Japan and South Korea.
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