Project Report For
The project report for E Learning is as follows.
With the growing penetration of the Internet and rising understanding of e-learning, the online education market is expected to see positive growth over the projected period. Owing to limitations on travel and the current Normal Environment, online learning is the potential gateway to learning. The online learning sector in India was projected at INR 39 billion in 2018 and is projected to cross INR 390.5 billion by 2024, rising to CAGR by ~60.85 per cent between 2019 and 2024. Quick learning, accessibility as well as a wide variety of course materials have driven the future development of the industry.
The company is shifting to the implementation of emerging technologies such as artificial intelligence (AI ) and Machine Learning (ML), Big Data Analytics, Blockchain and many others to enhance the user experience. The e-learning industry is divided into main and secondary additional education, test training, retraining and training, higher education, and casual user.
Market potential & Strategy
E-learning is an digitally assisted learning program that depends on the web for the communication and dissemination of course materials among students and faculty. — especially for low education costs, expanding government plan to encourage online education, and increasing prevalence of smartphones and social media are reasons that leads to the enhancement of the international digital education industry. In turn, the market is anticipated to grow due to the growing demand for learning approaches. Even so, the existence of ample free content and lack of knowledge limits future growth.
The Indian online education industry is moderately competitive with some 3,500 state-of-the-art start-ups operating in the area. Numerous startups are already aggressively persuading them to join the market just after lockout. As the market is completely open, we can concentrate on the correct age category and class of students and develop a strategy for the specific segment. It is not possible to establish a specific marketing plan for all target market.
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