In the last 20 years, the Internet has grown from almost non-existent to the largest and most accessible information database ever created. It has changed the way people communicate, buy, socialize, do business and think about knowledge and learning.
Much more than a new twist on distance education, online schooling is changing the look of traditional classrooms and making education more accessible than ever.
What is online education?
Computer-based training, web-based training, Internet-based training, online training, online learning (e-learning), m-learning (mobile learning), computer-assisted distance education: online education has many names and it comes in a variety of styles, but in its essence: online education is an electronic-based learning that is based on the Internet for interaction between teachers and students and the distribution of class materials. ”
From this simple definition comes an almost infinite number of ways of teaching and learning outside the traditional classroom and off campus. With online education, students can convert any place with Internet access and electricity in a classroom.
It can include audio, video, text, animations, virtual training environments and live chats with teachers.
When used to its full potential, it has been shown that online education is more effective than in-person instruction. It can be attractive, fun and personalized to fit the agenda of almost anyone.
Online Education Programs
- 100% online education: online degrees are obtained from the comfort of your home without the need for visits to your university or university campus.
- Hybrid education: hybrid education allows students to follow a combination of courses online and on campus.
- Online courses: While online courses can be part of a degree program, they can also be taken on your own to master a certain subject or learn a specific skill.
- MOOCs: MOOCs, or massive and open online courses, are generally taught in the form of lectures in online “classrooms” with up to 10,000 people.
online education digital marketing
Online education can play an important role in the development of the education industry in general in terms of money and innovation. With the growing popularity of the internet and many active users, it is expected that the online education market will witness a high growth rate during the forecast period.
The increase in the implementation of IT security and cloud-based solutions and the rapid growth of digitalization are the factors responsible for the growth of the online education market. The main factors driving the growth of the online education market are the conducive government policies and the growing demand for technical education. The increasing popularity of distance education is another important factor that drives the growth of the online education market.
The online education market has been segmented according to the product, the type of learning and the end user. The segment of the learning type is further divided into synchronous learning and asynchronous learning.
Asynchronous learning refers to online spaces in which work is supported through the use of digital platforms, such as thread discussions or emails. The global online education market is expected to grow to approx. USD 423 billion for 2023, with 24% of CAGR between 2017 and 2023.
Major Key Players:
- Adobe Systems (USA)
- McGraw-Hill Education (USA)
- Education Pearson (U.K.)
- Slate (USA)
- Lynda.Com (USA)
- Aptara (USA)
- Docebo (Italy)
- Edmodo (USA)
- Learning PowerSchool (U.S.)
- Interactive systems Tata (India)