Online Education… Easier said than done
A study completed recently in India on online education by KPMG & Google
reveals heart-warming statistics; total revenue will grow from $0.25Bn in 2016 to $1.96Bn in 2021 @CAGR of 52%, Internet users to grow from 409 Mn to 735 Mn and that Smartphone penetration would increase at breakneck speed. The revenue growth is expected to be across all categories viz Primary & Secondary education (which is expected to get the largest share of the pie), Test preparation, Reskilling and online certification, Higher education and Language & Casual learning.
Such a market makes online education a ripe fruit to be plucked by many. But this fruit laden tree lies beyond a thorn adorned path that in itself is arduous and serpentine. The challenges spread across all the blocks which need to come together to give shape to this entity called online education. Let’s look at them one by one.
Just like mobile phones took the connectivity from a measly 3% through landlines to almost 100% within a decade, online education has the potential to take the schooling years from just 5 now to 12 (if we take USA as benchmark). Just that we need to work on sorting out the mentioned challenges by putting our heads together as soon as we can.
reveals heart-warming statistics; total revenue will grow from $0.25Bn in 2016 to $1.96Bn in 2021 @CAGR of 52%, Internet users to grow from 409 Mn to 735 Mn and that Smartphone penetration would increase at breakneck speed. The revenue growth is expected to be across all categories viz Primary & Secondary education (which is expected to get the largest share of the pie), Test preparation, Reskilling and online certification, Higher education and Language & Casual learning.

- Statutory
- Educators’ blinkers
- Driving Behavioural Change
- All-round development
Just like mobile phones took the connectivity from a measly 3% through landlines to almost 100% within a decade, online education has the potential to take the schooling years from just 5 now to 12 (if we take USA as benchmark). Just that we need to work on sorting out the mentioned challenges by putting our heads together as soon as we can.
Comments
Post a Comment