E learning Platform
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The e-learning market is growing rapidly and is projected to reach $200 billion by 2019. E-learning currently accounts for about half of all college courses and is growing faster than traditional education. The largest e-learning markets are currently the United States and Europe, but Asia Pacific is growing quickly, led by Malaysia and Vietnam. Factors like MOOCs, mobile learning, and gamification are driving further growth in the e-learning industry. The document proposes the Edbrix platform as a solution to improve collaboration in e-learning and address issues like a lack of notifications, progress tracking, and security.
E learning Platform
- 1. International e-Learning Market.e-Learning: the largest and fastest growing market segment Educational Market www.edbrix.com
- 2. Industry Facts E-Learning will hit 200 billion by 2019. The statement from CertifyMe By 2019, 50% of all college students will be engaged in ELearning. Today, almost 4.6 million students are studying at least one of their courses online. ELearning is big business - $56 billion and set to double by 2015. Seventy percent of ELearning takes place in the United States and Europe but Asia Pacific is catching up fast with markets in Malaysia and Vietnam growing the fastest.”
- 3. Industry Growth $35.6 billion was spent on self-paced eLearning across the globe in 2011 Today, e-Learning is a $56.2 billion industry In 2015 it is estimated $112.4 billion Industry Today, it's estimated that about 46% college students are taking at least one course online. By 2019, roughly half of all college classes will be eLearning-based
- 4. Why E-learning e-Learning is also Eco-friendly. Britain's Open University says e-Learning consumes 90% less energy than traditional courses CO2 emissions (per student) is also reduced by up to 85%. Over 41.7% percent of global Fortune 500 companies now use some form of educational technology
- 5. International Growth Malaysia and Vietnam is fastest E learning market Self-paced e-Learning's growth rate in the Middle East is 8.2%, and its revenues are expected to reach $560.7 million by 2016. The self-paced e-Learning market growth rate in Western Europe is 5.8%, and it’s estimated that their revenues will be at $8.1 billion by 2015. Africa's compound annual growth rate for self- paced e-Learning is 15.4%, and their revenues are expected to reach $512.8 million by the year 2016.
- 6. E-Learning Growth Drivers Facts Reports says 50 billions students, faculty and staff using Google Apps and Microsoft 365 for Education For online docs ,mails and better collaboration and communication Tablets Q3 2014, IDC notes that Google shipped 715,500 Chromebooks to U.S. schools while Apple shipped 702,000 iPads. And millions of unbranded tablets are sold in education MOOCs (massive open online courses) Online courses allow millions of people to take the same course at once from just about anywhere in the world. MLearing (Mobile Learning) Soon, online courses will become readily accessible on mobile devices. Newer devices are equipped with digital compasses, dual cameras, incredible audio, etc. Virtual Technologies Technologies like Google Glass and other wearable tech devices might become so readily available that they can permeate throughout learning institutions Gamification eLearning courses of the future will likely resemble an interactive video game rather than a traditional lecture.
- 7. US Market Potential 0 2 4 6 8 10 12 Home School Virtual School online charter school Suplemental instructiosn Growth of online instruction among U.S Pk-12 Student 2010 2015 Million
- 8. International market 0 5 10 15 20 25 30 35 40 45 Vitenam Malaysia Romania Azerbaijan Thailand Slovakia Phillippines senegal China Zambia 2011-2016top ten growth rates by country E learning 2011-2016top ten growth rates by country E learning
- 10. Why Edbrix ? Market needs clearly identified and analyzed Segments (Scholastic Education, Enterprise Training, Hobby Training, Tutoring) A single, easy to use, real-time, always on platform is needed. The total market is estimated to be USD 56 billion. Aligned with market direction The education system is changing from paper to digital Stakeholders comfortable with and prefer the digital marketplace approach In tune with the younger generations preference for social media interaction Strategy in place Competitor study completed and market niche identified Product realignment to market need has been performed Market traction to date validates strategy
- 11. Continue .. First mover advantage Product is ready to launch now (in late stage of beta testing) We have already invested over 30000 hours creating our solution Product has garnered positive reviews from our selected set of stakeholders A clear exit strategy Technology will not become obsolete since it is continuously supported and upgraded by major market players. A substantial user base will make Edbrix an attractive target for competitors and bigger players entering the sector
- 12. Identified Opportunities Diverse tools used in scholastic settings Teachers use different systems for curriculum and assignments Students need access to multiple applications Poor collaboration among stakeholders Teachers use emails for communication Parents get occasional emails Parents not involved in the process Lack of Notifications and verifications of assignments and progress Oversight of activities and progress by parents Security and safety during E-Learning
- 13. Edbrix Solution E-Learning using core software and cloud Single Sign on and Dashboard for all activities Simplified collaboration between teachers, students, and parents Monitored activities and progress Unified and documented E-Learning and activities for all teachers in a school system Structured secure collaboration and sharing between learners and educators in different locations (countries)
- 15. Partners
- 16. Thanking you Do you want to be a part of this revolution. Join us as a Partner www.edbrix.com aparab@edbrix.com 1320 Greenway Drive , STE 460 Irving – Texas- 75038 USA Tel: 9725107005
Editor's Notes
- #10: http://elearningindustry.com/new-report-on-e-learning-market-trends-and-forecast-2014-2016-just-released