Dublin, August 25, 2021 (GLOBE NEWSWIRE) – The report “Online Acting Education Market – Forecasts from 2021 to 2026” has been added to ResearchAndMarkets.com offer.
The online theater education market is expected to grow at a rapid rate during the forecast period. Online theater education refers to the form of theater education in which students learn virtually using the Internet. The world is undergoing rapid digitization and the number of people using internet and electronic gadgets has increased at a significant rate which is expected to propel the growth of the online training market during the forecast period. In addition, an increasing number of theater institutes are now launching online drama courses online, which is expected to further increase the online training market during the forecast period.
The recent outbreak of the novel coronavirus disease has had a positive impact on the online theater education market. The pandemic has had a huge impact on the theater education revolution and has shifted a huge population towards the use of digital technologies for theater education. Due to closures in most parts of the world, theater institutes have been closed and theater students have been left locked in their homes. This prompted various theater institutes to launch online theater classes during the pandemic, which led to the transfer of theater students to online theater classes. Although the growth of online theater education declines after the pandemic, as traditional theater classes are still preferred, the market growth will be higher compared to the pre-pandemic period.
One of the key factors complementing the growth of the online theater education market includes the increasing number of people using the internet and electronic gadgets around the world. With the increase in the number of internet users and electronic gadgets, the use of online theater education is increasing, leading to market growth. According to the International Telecommunication Union (ITU), 28.7% of the world’s population were Internet users in 2010, which rose to 41.5% in 2015 and again to 51% in 2019. In addition, there were 553 million people worldwide who had fixed broadband subscriptions in 2010, which increased to 841 million in 2015 and 1.13 billion in 2019. With the rise of digitization, the number of people using the Internet has grown at an even faster rate. According to the Telecom Regulatory Authority of India, average wireless data usage per wireless data subscriber was 11 GB per month in India in FY20 and is expected to reach 18 GB by 2024.
Moreover, the number of users of electronic gadgets has increased at a tremendous rate in the world. For example, according to an ICEA report, India experienced a 14.5% growth rate in the smartphone market in 2018 with 142.5 million units shipped. The report also states that the country is expected to have 829 million smartphone users by 2022. The world is witnessing a rapid increase in the number of users of electronic gadgets, as well as an increase in the use of smartphones. Internet, which is expected to accelerate the growth of the market during the forecast period. . In June 2020, the NTIA, the United States Department of Commerce, showed in its report that approximately 80% of the American population was using the internet in November 2019 and increasingly using a wider range of devices and more. varied.
According to World Bank data, Internet users in the United States made up 69.7% of the population in 2011, which rose to 88.5% IN 2018. The data also shows that broadband subscriptions fixed (per 100 people) were 26.1 in 2009, which rose to 34.7. in 2019. Additionally, the NTIA said that only 27% of the US population used a smartphone in 2011, which then gained popularity and was used by 68% of the US population by 2019. Rapid digitization is leading the increase in the number of actor hobbyists opting for online actor training which is expected to propel the market growth during the forecast period.
The Lee Strasberg Theater & Film Institute
New York Film Academy
Tisch School of the Arts
Guildhall School of Music and Drama
The Juilliard school
California Institute of the Arts
Barry John Acting Studio
Stagemilk School of Drama
Main topics covered:
2. Research methodology
2.1. Research data
3. Executive summary
3.1. Research Highlights
4. Market dynamics
4.1. Market factors
4.2. Market constraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining power of end users
4.3.2. The bargaining power of buyers
4.3.3. The threat of new participants
4.3.4. The threat of substitutes
4.3.5. Competitive Rivalry in Industry
4.4. Industry value chain analysis
5. Online Acting Training Market Analysis, By Class Type
5.2. Live course
5.3. Pre-recorded video lessons
5.4. Text-based courses
6. Online Interim Education Market Analysis, Interim Level
7. Online Interim Training Market Analysis, By Period
7.2. Full time
7.3. Part time
8. Online Acting Education Market Analysis, By Geography
9. Competitive environment and analysis
9.1. Major players and strategic analysis
9.2. Emerging players and market profitability
9.3. Mergers, acquisitions, agreements and collaborations
9.4. Supplier competitiveness matrix
10. Company profiles
For more information on this report, visit https://www.researchandmarkets.com/r/c83g1l
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