Tuesday, June 2, 2020

Australia Executive Education Market is expected to reach around AUD 400 Million by the Year Ending 2024: Ken Research


Market segmentation by type of Executive Education (Executive Masters and MDP) on the basis of revenues and enrollments, by type of  Executive Masters (Executive MBA and Executive Non MBA) on the basis of revenue and enrollments, Executive Masters Programs by type of mode of delivery (Offline, Online and Blended), By element of Executive Masters (Structured and Customized), By type of Executive Non MBA Programs (Leadership, Health, Project Management, Public Administration, Accounting and Others), MDP By Duration of the Program.

There has been a rise in the working population and the trend is expected to remain the same and it is estimated that the working population will reach to around 171.4 million in 2024 and hence, will stimulate the growth in the executive education market in future.

Emergence of Online Education will have a significant impact on Executive Education as well in the future. Online education inclusive of professional development is expected to sustain a rate of 4.5% annual growth over (2018-22) which equates to industry revenue of AUD 6.7 Billion by 2022 Australia alone.
Shift towards women only oriented programs in order to promote gender diversity in higher management roles and hence, stimulate the growth in the Australia executive education market due to the launch of new programs.

Emergence of Blended Learning Programs: Blended learning executive programs are emerging in Australia due to the rise in the popularity of online education. Universities have started providing blended executive programs due to the increase in the demand from the students since they provide more flexibility and accessibility and help in enhancing the learning for the executives. This is expected to pave way for the growth in the Australia executive education market in future.

Evolvement of aggregators’ space: Due to the flexibility being provided by the online education programs, emergence of aggregators with SPOC (Small Private Online Course) model has been gaining attraction in the market. This will impact the executive education market as well in the future.

Fierce Competition: There will be fierce competition in the executive education market in future due to the emergence of new market entrants, such as online providers and management consultancy firms. The competition will be stringent in both open as well as customized programs in future.

Technological Upgradation: Executive education content is changing constantly and to deliver it in short time period, AI assistants will support executive coaching by, for example, helping them brush up on negotiation skills and advise on negotiation styles in advance of client meetings.

Analysts at Ken Research in their latest publication Australia Executive Education Market Outlook to 2024 – Future Growth Driven by Increasing Offerings of MDP Program and International Student Enrollmentsbelieve that the executive education industry has been growing and is expected that it will expand further owing to the rise in the number of working professionals, evolvement of aggregators in executive education and growing demand for blended learning. The market is expected to register a positive CAGR of 6.8% in terms of revenue during the forecast period 2019-2024E.

Key Segments Covered:-
By Type of Executive Education:
Executive Masters
Revenue
Number of enrolments
Number of Programs

MDP
Revenue
Number of enrolments
Number of Programs

By Type of Executive Masters
Executive MBA
Revenue
Number of Programs
Number of enrolments

Executive Non MBA
Revenue
Number of Programs
Number of enrolments

Executive Masters Program By Mode Of Delivery
Offline
Online
Blended

By Element of Executive Masters
Structured
Customized

Executive Non MBA Programs by Type
Leadership
Health
Project Management
Public Administration
Accounting and Others

Key Target Audience:-
Australian Universities
Australian Education Aggregators
Global Education Aggregators
Management Consultancy Firms
Executive Education Providers
Education Authorities
Education Consultants

Time Period Captured in the Report:-
Historical Period - 2014-2019
Forecast Period – 2019-2024E

Universities Covered:-
Bond University
UNSW
University of South Australia
University of Melbourne
Torrens University
University of Sydney
Monash University
University of Technology Sydney
Macquarie University
Curtin University
University of Western Australia
Murdoch University
La Trobe University
Queensland university of Technology
Deakin University

Key Topics Covered in the Report:-
Australia Executive Education Market Overview and Genesis
Australian Executive Education Market Size, 2014-2019
Global Executive Education Market Overview
Global Expenditure on Executive Education
Australia Executive Education Market Segmentation
Growth Drivers in Australia Executive Education Market
Trends and Developments in Australia Executive Education Market
Government Regulations in Australia Executive Education Market
Issues and Challenges in Australia Executive Education Market
SWOT Analysis for Australia Executive Education Market
Competitive Landscape for Australia Executive Education Market
Profiles for Major Universities in Australia Executive Education Market
Snapshot on Education Aggregators in Australia
Australia Executive Education Future Market Size, 2019-2024E
Australia Executive Education Future Market Segmentation
Analyst recommendation

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Related Reports:-



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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249


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