Online Music Education Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global market value of the online music education market was valued at USD 12.3 billion in 2022, and a CAGR of 18.2% is expected during the forecast period. Online music education is a recent development in the field of music education. It involves new technologies associated with distance learning and online education to teach and learn music in an efficient manner and in an online environment. The pandemic has acted as a catalyst for the online music education market. Music, dance, and sports are the most preferred fields by the youth as extracurricular activities during their presence in school and at home as well.

Impact of Covid-19

Due to stringent lockdown and physical distancing, people were compelled to stay at home. In order to occupy leisure time, people went for hobby classes, including online music, dance, and classes related to other activities. COVID-19 had a positive impact on the online music education market. In the early days of the pandemic, people, due to economic uncertainties and life threats, had to stay at home; after some time, they had to occupy themselves during leisure time, and online education and telehealth modes of treatment opened the door for online hobby classes as well.

Growth Drivers

Increased accessibility, convenience, diverse course offerings, interactive learning platforms, and the rising global platform for skill development through digital channels are driving the growth of the market significantly. Technological advancements, personalized learning experiences, and the ability to connect with renowned instructors contribute to the sector’s expansion. The growing awareness of the benefits of online music education and the flexibility it offers further drives its popularity and market growth. Interactive platforms with features like live sessions, forums, and virtual practice sessions enhance engagement, making the learning experience more diverse and effective.

Online platforms enable students to connect with their mentor and fellow learners globally, fostering a diverse and collaborative learning environment. Increasing acceptance of remote learning across various domains, including music education, is a key driver. Online courses offer a more cost-effective alternative to traditional music education, eliminating the need for commuting or investing in expensive in-person lessons. Online platforms provide continuous learning opportunities through updates, new courses, and evolving content, encouraging learners to stay engaged and progress in their musical journey. The growing emphasis on skill development, coupled with the availability of certifications for completed courses, motivates individuals to pursue online music education for both personal growth and professional recognition.

Segmentation

By Instrument Type

·         Piano

·         Guitar

·         Banjo

·         Violin

·         Others

By Type

·         Music History

·         Musicology

·         Theory

·         Others

By Session Type

·         Solo

·         Group

By Organizer Type

·         School

·         Music Studios/ Academy

·         Professionals

By Learner Type

·         Beginners

·         Hobbyist

·         Professional Musician

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Europe

·         Middle East and Africa

Online Music Education by Session Type Segmentation

Online music education by session type is segmented into solo and group. A solo music education session is conducted for beginners. In it, there is one-to-one interaction between the people. A teacher or mentor teaches the music skills from the very basic level to a single candidate. A group session is conducted for a group of students by a trainer, in which people are connected globally. Group session due to its efficiency, and several people are taught by a professional simultaneously. North America and Europe, due to their well-established infrastructure, are driving the growth in this market. The rising global platform for skill development through digital channels is driving the growth of the market significantly.

Online Music Education by Learner Type Segmentation

On the basis of the learner type, online music education is segmented into beginners, hobbyists, and professional musicians. Beginners class belongs to those people who want to learn from zero level and have no knowledge about the music. Hobbyists belong to that category of people who are passionate about learning music. They are skillfully better than the beginners. The third category is professional musicians, who are prodigies and connoisseurs in their field and want to brush up on their forgotten skills. The pandemic has acted as a catalyst for this market, as online musical classes were the only option to learn the skills of music. The increasing emphasis on extracurricular activities by parents for their kids is growing the market for the online music industry.

Regional Outlook

On the basis of the regions, the online music education market is segmented into 5 parts: Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Due to the well-established e-learning ecosystem, North America and Europe are the leading regions. Countries like the United States, Canada, Germany, France, Italy, and England, due to their higher literacy rates, high disposable income, and good awareness about skill development, are dominating the market. Increasing demand for online education during the pandemic has fueled the growth of the market.

Asia Pacific region due to the rising middle class, increasing digital literacy, and the cultural importance placed on musical education. Countries like China and India due to emerging economies and cultural nuances. Increasing awareness among people about making their children more skilled and increasing disposable income are driving the growth in the market. The increasing population and rising disposable income in countries like India, China, Japan, and South Korea are driving the growth of the market. Rising middle-class populations and increasing interest in extracurricular activities are driving the growth of the market.

The increasing benefit of connecting with learners worldwide is another factor that is responsible for the growth of the global market. Instruments like the piano, banjo, and violin are used to conduct the classes and make them even more interactive. Latin America and the African region are lagging behind and are expected to witness slow growth during the forecast period. The increasing number of music enthusiasts is driving the growth of the market significantly. There are several organizations in countries like India, for example, Bhaatkhande Sangeet Sansthan, that do inspire the young generation to learn and go through the online music classes.

Key Players

·         Berklee collegeof Music

·         The JuilliardSchool

·         Lessonface.com

·         Moosiko

·         Music Gurus

·         Skoove

·         Udemy

·         Coursera

·         Musitechnic

·         Yousician

·         Tonara

·         Furtados Music

·         Other Players