India’s online education market size is set to grow to $ 70 billion by 2020 from the present $ 30 billion. The key factors leading to the growth of the E-learning market in India include low education coverage, rising demand from various segments, growing personal computers and internet penetration, increasing government participation and convenience factors. Strong opportunity exists in the market due to low coverage of education in India. This coupled with the fact that demand from other education segments are rising, will drive the e-learning market.
Year 2018 will be “The Year of Implementing 2.0.” Previous years have been spent getting our industry to see new Web technologies as having powerful learning applications. Early adopters have experimented with mobile, gaming, wikis, social networks, and others, and they have paved the way for others to follow.
There are three reasons why e-learning in Indian education sector will continue to grow in 2018: (1) The economy is tanking. More and more companies will be attempting to achieve cost savings using e-learning technologies. (2) As students attempt to make better use of their time and money, they will continue to avail themselves of e-learning opportunities. (3) As more and more companies try to establish a reputation for being eco-friendly, they will use e-learning as part of their green initiatives.
Short Term Trends
Medium Term Trends
Far Term Trends
In India, e-learning courses could be made more popular through availability of broadband connections at competitive rates, regional language-based content for technical subjects, two-way interaction for doubts, and performance feedback with students. The real India, the bottom of the pyramid, still lacks education and guidance to a proper career. e-learning could be a solution for employability.
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