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By Piyush Pankaj Srivastava
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Technology Based Education
A No Risk , High Gain Sector
Introduction
Technology-based Education A No Risk , High gain Sector. Acquiring knowledge by utilizing electronic technologies & resources is called E-learning. A virtual classroom is a digital environment that enables live interaction between a tutor and a learner.
According to a report, the global e-learning market is slated for a stupendous 8 % growth from $200 Billion in 2020 to a staggering $375 billion by 2026. Indian’s online education market size is also expected to be over $18 billion by 2022. This article will give you a detailed account on the topic “Technology-based Education A No Risk , High gain Sector”.
Major Players
BYJU’s, Vedantu, Educomp Solutions,Simplilearn, Meritnation, Excelsoft are some of the major players catering the ever growing demand of Online education in India.
Started as a small venture these companies have registered stupendous growth, over a short span of 5-6 years. They are now expanding their activity to help students learn globally.
Market Potential
India’s education systems is one of the largest in the world . According to one estimate, with a network of more than 1 million schools and 18,000 higher education institutions India offers a vast market as almost half of its population (1.25 billion approx.) falls in the education market category.
Growth Factors
Wider availability of broadband connections at competitive rates , two-way interaction for doubts clearing , and students’ ability to watch online lectures again and again have made e-learning courses very popular in India.
Untapped, Boundless Market
Because of its boundless reach, E-learning offers a pragmatic solution for employability of those who are sitting at the bottom level of pyramid, where availability of quality education and proper career guidance lags far behind. Hence, there is no doubt that Technology-based Education A No Risk , High gain Sector.
As per the industry experts, the online coaching classes’ demand for KG to 12th grade and also for the competitive exams like GRE, GMAT, CAT, IIT-JEE, AIEEE, SAT, TOEFL in India is currently $3 billion, making it the most profitable market for the service providers.
Dearth of Service Providers
At present, there is a big gap between the demand and the availability of good E-Learning Service providers. Such institutions can be counted on fingers, while there are millions of candidates, residing in far flung areas, desperately need high quality online support in their education.
New Startups Jumping on the Bandwagon
This growing demand has sparked interests of many new ventures in India . So, Technology-based Education is A No Risk , High gain Sector.
Edsara Innovations Making Inroads
Edsara Innovations, during a very short span, with its innovative mix of fresh, high quality contents supported by professionally evolved Video tutorials has become the first choice of a large number of students.
At Edsara, we provide a fun, dynamic and inspiring work environment where our colleagues can thrive.
About The Author
Piyush P. Srivastava, Student Consultant, Mumbai
Mr. Piyush , with over 20 years of experience , as a Career Consultant ( https//www.successbureauedu.com ) has guided thousands of job seekers in achieving their dream jobs .
Mr. Piyush is also a professional blogger . He writes about various career options in India & abroad for the benefit of readers .
https://www.successbureauedu.com/
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