India E-Learning Industry to Reach Usd 1.29 Billion by Fy’2018: Ken Research

Topics: Education, Higher education, History of education Pages: 2 (491 words) Published: August 27, 2013
India E-Learning Industry to Reach USD 1.29 billion by FY’2018: Ken Research The formal education sector is highly regulated and incorporates K-12 and superior education institutions and represents 80% of the whole market size by income New Delhi: 27/08/2013 The E-learning industry is witnessing a strong demand in the academic sector with changing teaching methods and courseware likewise in schools and colleges. Technological advancements in teaching methods has made it possible for students in the country to attend customized tutoring from teachers anywhere in the country or even in the world. Additionally virtual and blended-learning programs will facilitate mass customization in education. E-learning in K-12 is a rapidly growing segment. The reason behind this upsurge is due to the advancements in school curriculum, technological developments such as use of computers, projectors to teach students and rising popularity of instructor led training programs. E-learning is not only limited to K-12 and higher education but has a wide scope and has been benefiting corporations by saving travelling cost, time and efforts. Corporate training has gained popularity across the globe with the adoption of continuous improvements in technology and rising demand for technically skilled workforce. Over the period, the online education sector has witnessed many private equity and venture capital investments due to the growing demand for digital content in schools and online courses. Furthermore, online courses are now being provided by foreign universities. According to the research report, “India E-Learning Market Outlook to FY’2018 - Increasing Technology Adoption to Drive Future Growth, the market is estimated to grow at a CAGR of 17.4% over the period FY2013-FY’2018 driven by many factors such as increasing government initiatives to promote e-learning, increasing adoption of technology, shortage of quality education, convenience and cost factors and others. With an...
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