Online Coaching Market Size, Analysis, Share & Forecast 2031

Online Coaching Market Size, Analysis, Share & Forecast 2031

Segments - Online Coaching Market by Types (Corporate, Academic, and Others), Providers (Freelancers, Educational Institutions, Professors/Faculty, and Others), Age Groups (Below 10 Years, 10–17 Years, 18–30 Years, and 30 Years & Above), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Raksha Sharma
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Fact-checked by : Vineet Pandey
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Editor : Shruti Bhat

Upcoming | Report ID :ICT-SE-4253 | 4.1 Rating | 69 Reviews | 187 Pages | Format : PDF Excel PPT

Report Description


Online Coaching Market Outlook 2031

The global online coaching market size was valued at around USD 2.19 Billion in 2022 and is projected to reach around USD 6.79 Billion by 2031, expanding at a CAGR of 13.4% during the forecast period, 2023–2031. The growth of the market is attributed to increasing demand for virtual training services and online coaching platforms.

Online coaching is a teaching and learning process that takes place over the internet. Personal portable devices and emerging technology draws attention of the users towards informal mode of education. Internet of things, evolving communication tools, modern software, and artificial intelligence made online learning reliable.

 Online Coaching Market Outlook

Online coaching includes health coaching, wellness coaching, life skills coaching, wellness coaching, online career coaching, and others. Online coaching is used by students to enhance their knowledge and skills. Online coaching is also used by entrepreneurs for corporate growth at their chosen location.

Learning management systems are integral part of online coaching to deliver data through PDF, link sharing, web pages, and to manage schedules, payments, and meetings.

The International Coach Federation (ICF), a professional coaching platform, describes coaching as "partnering with clients in a thought-provoking and creative process that motivates them to fulfil their personal and professional potential".


Technology is used to fuel learning in a variety of ways, including electronic grade books, learning games, digital portfolios, and real-time feedback on teacher and student performance. Therefore, schools are using digital resources to support teaching and learning.


The COVID-19 pandemic negatively affected personal and professional life of people across the globe. The pandemic-induced lockdown had a positive impact on the online coaching market. Institutions employ a variety of cloud-based coaching tools to impart live lessons to their students.

Various coaching platforms created a large number of courses to increase their sales and profitability. Online tutoring became the preferred method for businesses and young generation to learn and save time.

  • Increasing number of internet users is expected to drive the market.
  • Advancement in coaching profession and employability quotient is projected to propel the market during the forecast period.
  • High cost of online courses is anticipated to hinder the market.
  • Lack of infrastructure and essential learning environment is expected to hamper the market in the coming years.
  • Digital portfolios, real-time feedback, electronic grade books, and learning games are projected to create lucrative opportunities for market players. 

Scope of Online Coaching Market Report

The report on the global online coaching market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Online Coaching Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Corporate, Academic, and Others), Providers (Freelancers, Educational Institutions, Professors/Faculty, and Others), and Age Groups (Below 10 Years, 10–17 Years, 18–30 Years, and 30 Years & Above)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

KPMG; Unacademy; BYJU’S; PracticeBetter; Nudge Coach; Coach Catalyst; Noomii; CourseForce; Your earth angel; Satori; SimplePractice; Udemy; Coursera; TrueCoach; and CoachAccountable

Online Coaching Market Segment Insights

Types Segment Analysis

On the basis of types, the online coaching market is segmented into corporate, academic, and others. The academic segment is projected to expand at a considerable CAGR during the forecast period, due to availability of cloud-based virtual coaching platforms and variety of courses offered by schools and colleges.

The corporate segment is anticipated to account for a major market share during the forecast period, owing to advancement in the coaching profession, employability quotient, and animated learning.

Online Coaching Market Type

Providers Segment Analysis

Based on providers, the market is divided into freelancers, educational institutions, professors/faculty, and others. The educational institutions segment is expected to hold a significant share of the market in the coming years, owing to high-quality coaching and availability of genuine certifications.

Professors and the faculty help in the preparation of strenuous examinations without being physically present in institutes or coaching centers. Therefore, the professors/faculty
segment is expected to register a significant market share.

Age Groups Segment Analysis

On the basis of age groups, the online coaching market is segregated into below 10 years, 10–17 years, 18–30 years, and 30 years & above. The 18–30 years segment is anticipated to expand at a substantial CAGR during the forecast period, owing to availability of relevant and affordable coaching programs. The below 10 years segment is expected to hold a significant share of the market, due to increasing advancements in coaching profession.

Regional Outlook

In terms of regions, the online coaching market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to constitute a key share of the market during the forecast period, owing to increasing adoption of e-learning platforms in the region. The market in North America is anticipated to expand at a rapid pace during the forecast period, due to rising government initiatives in the region.

Online Coaching Market Region

Segments

The global online coaching market has been segmented on the basis of

Types

  • Corporate
  • Academic
  • Others

Providers

  • Freelancers
  • Educational Institutions
  • Professors/Faculty
  • Others

Age Groups

  • Below 10 Years
  • 10–17 Years
  • 18–30 Years
  • 30 Years & Above

Distribution Channels

  • Online Stores
  • Offline Stores

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • KPMG
  • Unacademy
  • BYJU’S
  • PracticeBetter
  • Nudge Coach
  • Coach Catalyst
  • Noomii
  • CourseForce
  • Your earth angel
  • Satori
  • SimplePractice
  • Udemy
  • Coursera
  • TrueCoach
  • CoachAccountable

Competitive Landscape

Key players competing in the global online coaching market are KPMG; Unacademy; BYJU’S; PracticeBetter; Nudge Coach; Coach Catalyst; Noomii; CourseForce; Your earth angel; Satori; SimplePractice; Udemy; Coursera; TrueCoach; and CoachAccountable.

Distance education programs are offered by many prestigious institutions and colleges. Key players in the market are introducing gamification concept for customer engagement and appointing certified and qualified coaches to increase their market share.

Various language teaching courses and health and fitness courses are offered by enterprises to gain insights about the international corporate culture.  

Online Coaching Market Key Players

Frequently Asked Questions

The global online coaching market size was valued at around USD 1938.41 million in 2021.

Advancement in coaching profession and employability quotient is projected to propel the market during the forecast period.

The global online coaching market is anticipated to expand at a CAGR of 13.4% during the forecast period, 2022–2030.

Asia Pacific is expected to constitute a key share of the market during the forecast period.

Key players competing in the global online coaching market are KPMG; Unacademy; BYJU’S; PracticeBetter; Nudge Coach; Coach Catalyst; Noomii; CourseForce; Your earth angel; Satori; SimplePractice; Udemy; Coursera; TrueCoach; and CoachAccountable.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Online Coaching Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Online Coaching Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Online Coaching Market - Supply Chain
  4.5. Global Online Coaching Market Forecast
     4.5.1. Online Coaching Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Online Coaching Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Online Coaching Market Absolute $ Opportunity
5. Global Online Coaching Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Online Coaching Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Online Coaching Demand Share Forecast, 2019-2026
6. North America Online Coaching Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Online Coaching Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Online Coaching Demand Share Forecast, 2019-2026
7. Latin America Online Coaching Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Online Coaching Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Online Coaching Demand Share Forecast, 2019-2026
8. Europe Online Coaching Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Online Coaching Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Online Coaching Demand Share Forecast, 2019-2026
9. Asia Pacific Online Coaching Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Online Coaching Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Online Coaching Demand Share Forecast, 2019-2026
10. Middle East & Africa Online Coaching Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Online Coaching Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Online Coaching Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Online Coaching Market: Market Share Analysis
  11.2. Online Coaching Distributors and Customers
  11.3. Online Coaching Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Methodology

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