The world in recent months has been affected by COVID-19 which has made learning within a physical classroom almost impossible. This has therefore shifted people’s attention to E-learning platforms and therefore there is a rise in the elearning app development. These platforms are enabling people to learn something new from the comfort of a location of their choice.
The e-learning industry seeking the opportunity for growth has ramped up its services so as to cater to the growing demands of its users. It has made such a variety of content available on its platform, that a user can learn something new and interesting on a daily basis. This has led to a significant growth in the edtech.
“Even before this pandemic, Research and Markets forecast the online education market as $350 Billion by 2025.”
An amazing example of e-learning was given by IDEA, in the year 2008. It displayed how technology can enable us to provide access to education to all.
About the e-Learning Market
Anything that you desire can now be learned online. Many websites that offer e-learning services include Udemy, Coursera, Byjus, Khan Academy, and many more.
Educational universities too have embraced this new way of teaching and have started deploying their resources for developing new online courses.
With such developments, an executive, sitting at home, can attend lectures to learn new software or even about new business concepts. A student can learn about different mathematical formulas or scientific experiments that he or she did not understand in school.
These all developments show that people are interested in e-learning and that it’s a flourishing industry.
As per Global Market Insights, we know that the e-learning industry had surpassed the $200 billion mark in the year 2019 and it is expected to grow by 8% up to the year 2026, reaching a whopping $375 billion.
Advantages
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Learn from anywhere and at anytime
What do we need to learn online? A working internet connection and a laptop or a computer. With these two possessions you can sit anywhere you wish and learn about anything that riddles you.
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Pocket friendly
All courses that are given online are pocket friendly as they do not require any physical place or any infrastructure like classroom benches or air-conditioners. Just a laptop and an internet connection and you are good to go.
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Learn at you own pace
Every person does not learn at the same pace. Some understand a concept in one go, whereas, some require two or more attempts to understand. With e-learning you do not have to worry about the pace. You learn as per your comfort.
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Recognition of e-learning degrees
Many of the top universities in the world now provide online programs. These programs are as effective as the ones conducted offline, making them widely accepted across industries of different domains.
Disadvantages
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Distractions
You can have a learning atmosphere when you are in school or when in a quiet place, but when learning online you cannot have control over the happenings in your surroundings. In such cases, you have to be completely focused so to complete your learnings for the day.
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Fraudulent online courses
Many people have started to con learners on the pretext of delivering good and quality online lectures. They also provide bogus affiliations to different universities. Such courses do not benefit you in any way and you must always watch out for such frauds.
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Failure to replicate the classroom experience
In classrooms, you often discuss case studies, have debates, and even discussions with your fellow students and professors. This whole learning experience cannot be compensated in e-learning. You may not be able to express yourself in the manner that you may have when in a physical classroom.
Conclusion
With the increasing demand to know more, people want to learn at every step of life. This is where the e-learning platforms enable them to learn what they desire at their own prescribed time. The developing technology and easy access to the internet are paving the way for a stronger industry that may have fewer disadvantages compared to the ones it has today.
