Global Online Music Education Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Online Music Education Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Online music education is the latest development in the field of music education, including the application of new technologies related to distance learning and online education to teach and learn music in an online environment with computers and the Internet as the medium.

Market Overview:

The latest research study on the global Online Music Education market finds that the global Online Music Education market reached a value of USD 12283.47 million in 2022. It’s expected that the market will achieve USD 32535.59 million by 2028, exhibiting a CAGR of 17.63% during the forecast period.

Influence of COVID-19 Outbreak on Online Music Education Industry Development

Affected by this epidemic, schools and educational institutions in many parts of the world can only be forced to close, and online classrooms have become a universal teaching mode in the world. As a high-quality education industry that has received high attention in recent years, the users of many online music education platforms around the world are increasing linearly at this moment.

Although the response speed of the overall online education transformation of music institutions is slow, it is irreversible. With the rapid increase in downstream demand and the number of customers in the short term, online music education has received huge dividends from Covid-19. The upgrade of the online business of traditional music education institutions is an inevitable trend created by the times. Whether active or passive, many music shops have been actively engaged in online business under the epidemic. Limited by technology and development, time, and capital costs, most music shops are unable to conduct self-research on online systems, and instead seek more professional online platforms. Many top artists began to choose the right platform to teach courses online to help students learn and make up for the income generated during the suspension of live performances and activities. Moreover, in a short period of time, a large number of music education platforms are constantly enriching their functions, including real-time interaction with teachers and cloud-based real-time recording to help students better distance learning.

Online music education relies on good network conditions, which are not available in some developing countries.

Although in the past period of time, global infrastructure construction has made extraordinary achievements. However, it cannot be ignored that in many developing countries, the basic conditions for the rapid promotion of Internet education are still not available. This situation constitutes a relatively obvious limitation for the online music education industry. Therefore, in the short term, countries and regions with good network infrastructure will take the lead in realizing the rapid development of online music education, while relatively backward regions and countries will develop slowly.

The development of the industry is at an early stage, and the profit model is not yet mature.

The online music education industry is still in a stage of rapid development, and many companies are still at the start-up stage. How to efficiently conduct music education has not yet formed a mature and stable model, and industry participants are still experimenting extensively. Therefore, the profit model of the industry is not yet mature, and companies in the industry still need to continue to invest in research and development.

The rapid development of artificial intelligence technology provides new solutions for online music education.

With the help of intelligent music teaching equipment and software, the teaching process and practice process can be digitized, and teachers can use the data for precise guidance and improve teaching efficiency. The most important step of intelligent teaching is to use intelligent teaching equipment to record the student's learning process in a data-based way, use technology to replace the teacher's supervision of student exercises, and present the results of the exercises to the teacher. Teachers can use the exercise report to accurately and quickly understand the situation of students, and use this to provide differentiated and precise guidance for different students.

Region Overview:

In 2022, the share of the Online Music Education market in China stood at 28.95%.

Company Overview:

Shanghai Miaoke Information Technology Co., Ltd. (VIP Peilian) is one of the major players operating in the Online Music Education market, holding a share of 2.97% in 2021.

Shanghai Miaoke Information Technology Co., Ltd. (VIP Peilian)

Shanghai Miaoke Information Technology Co., Ltd. is a high-tech company in Shanghai. Its main product is the mobile application Practice with you, which helps music teachers and music students to establish an after-school tutoring system. VIP peilian is affiliated to Shanghai Miaoke Information Technology Co., Ltd. In 2016, it created the one-on-one online musical instrument training, focusing on solving the piano practice problems of 5–16-year-olds, providing piano, violin, guzheng, flute, erhu, saxophone, etc. Sparring service for 32 kinds of musical instruments, a variety of musical instruments selection, covering all kinds of Western musical instruments and ethnic musical instruments.

Skoove

With more than 1 million users today, Skoove makes interactive apps to learn piano and guitar. With their team of 20 certified music nuts, they combine music learning science, audio technology, and machine learning to build a unique company in the music tech space.

Segmentation Overview:

Among different product types, Instrument segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Teenagers segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Online Music Education market covered in Chapter 3:

Shankar Mahadevan Academy
Dubspot Online
Skoove
MusicGurus
Shanghai Miaoke Information Technology Co., Ltd. (VIP Peilian)
Yousician
iMusic-School
Tonara
Udemy
Berklee Online
Furtados Music
Lessonface
TakeLessons，Inc

In Chapter 4 and Chapter 14.2, on the basis of types, the Online Music Education market from 2018 to 2029 is primarily split into:

Instrument
Vocal

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Online Music Education market from 2018 to 2029 covers:

Children
Teenagers
Adults

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)