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Industry Landscape
The online education industry is experiencing robust growth, driven by technological advancements, increasing internet penetration, and a growing demand for flexible learning options. The rise of online program management (OPM) providers facilitates universities' expansion into digital education. Corporate training is also shifting towards online platforms for upskilling and reskilling the workforce. Key trends include microlearning, personalized learning paths, and the integration of AI to enhance learning experiences. However, challenges remain in ensuring quality, accessibility, and addressing the digital divide.
Total Assets Under Management (AUM)
Market Size in United States
~114.6 Billion USD
(8.49% CAGR)
- Increasing demand for online learning.
- Technological advancements in EdTech.
- Growing corporate investments in upskilling.
Total Addressable Market
336 Billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI Personalization
AI-driven personalized learning tailors educational content to individual student needs, enhancing engagement and learning outcomes.
Blockchain Credentials
Blockchain ensures secure and verifiable credentials and learning records, increasing trust and transparency in online education.
AR/VR Learning
AR/VR immersive learning environments offer interactive and realistic educational experiences, enhancing practical skills and knowledge retention.
Impactful Policy Frameworks
WCAG Standards
Web Content Accessibility Guidelines (WCAG) are a series of guidelines published by the World Wide Web Consortium (W3C) that define how to make Web content more accessible to people with disabilities, aiming to make online content more usable for individuals with visual, auditory, physical, speech, cognitive, and neurological disabilities.
Compliance with accessibility standards will require Bisk to ensure all online learning materials and platforms are accessible to students with disabilities, potentially incurring development and maintenance costs.
Family Educational Rights and Privacy Act (FERPA) - 1974
FERPA is a federal law that protects the privacy of student education records, granting students certain rights regarding their education records, including the right to inspect and review their records, seek to amend inaccurate records, and consent to the disclosure of personally identifiable information from their education records.
These regulations require Bisk to protect student data and privacy, necessitating investments in cybersecurity and data governance infrastructure.
State Authorization Regulations
State Authorization Regulations require post-secondary institutions offering online education to be authorized to operate in states where their students reside, ensuring that institutions meet state-specific standards and consumer protection requirements.
State authorization regulations may limit Bisk's ability to offer online programs in certain states without proper approval, adding complexity and costs to expansion plans.
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