Remote Tutoring Set To Take Off
As India braces itself for higher internet and TV penetration, children may not have to travel to the tuition classes or to wait for a home-tutor.
They can opt for a online tutoring or can engage themselves with TV sets to make education an interactive and insightful learning experience, says the Business Standard.
The worldwide market for the online tutoring is estimated to be $12 billion (Rs 46,800 crore). The $4-billion (Rs 15,600 cr) US online tutoring industry is the world’s largest education market and is growing at an estimated rate of 10 per cent a year. According to the IDC forecasts, the e-learning market would touch $28 billion by this year.
The country has 9.5 lakh schools and 220 million schools students. An average middle-class in India spends 35 per cent of its annual earnings on their children’s education and a large majority of children from the middle-and upper-classes takes tuition from class 6 onward.
“Though online education is still at a nascent stage in India, but in the next three years will be the golden years for these online education companies. There will be huge growth,” says Sivaramakrishnan, executive director, PricewaterhouseCoopers (PWC). Another driving factor, will no doubt be the shortage of good tutors.
Filed under: Business, India, Statistics