What is Online Education?
Online education is a structure of learning from an online platform. In this form of learning, instruction and content are delivered primarily electronically. Internet platform is used to deliver the programs/ Courses. Multiple delivery models are used to offer the knowledge digitally.
Online education is trending in India and is expected to grow at a CAGR of 17.50 percent by 2019. It is a very effective form of learning. Currently the online education market in India is in its nascent stage however shows promising growth.
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Need for Online Education
The teacher to student ratio is India is very poor. This drives a demand for courses which can be centralised available and can be taught without any physical presence. The demand for online education learning in the K-12 segment and the advancement in technology can very well support this new way of Education.
Upcoming Ventures in Online Education
Ronnie Screwvala, Ex UTV owner and a serial entrepreneur also finds interest and scope in the Online Education business. Ronnie is launching UEducation, an online education portal focusing on higher education. The new venture involves an outlay of Rs. 100 crore in the first phase. This investment will primarily go into content, interactivity, platform, technology, adaptive learning, assessments, marketing and building a national footprint.
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Segments of Online Education
The Online Education market in India is categorised into two segments:
K-12: A sum of primary and secondary education
Higher Education
TechNavio’s Report, Online Education Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the landscape of the Online Education Market in India and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.