Read Insightful Presentation by Karthik K S, CEO 24x7 Learning on
- How Technology is Changing the Education sector in India & Globally.
- Importance of Mobile & Video Learning in education
- New Emerging Trends in Technology used in Education
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5. Market Size
• $220 bn The Global Online Education Market -2017
• $20 bn Online education industry in India now
• $40 bn Online education industry in India - 2017
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7. 4 billion mobile phone users on the planet ~ 2012
30 % of the World’s mobile phone users live in
India and China
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8. Some trends – as enablers for Mobile Learning
• Mobile Technology will be more
affordable, accessible and functional
• Mobile Devices will be able to collect, synthesize
and analyze massive amounts of data
• Mobile Devices will break the Language barriers
(Example: Apple Siri & Google Voice)
• Mobile Devices will encourage more Authentic &
Personalized Learning
• By 2015 70% of Top 500 organizations worldwide are
planning to implement mobile learning
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9. Recent Funds Inflow into Tech Education !
• AuthorGen Technologies: a subsidiary of Educomp:
Rs 22 crore
• Meritnation: additional investment of Rs. 30 crore
• Simplilearn.com, : $10 million in a Series B round of
funding
• eDreams Edusoft : $2 million in its second round of
funding
• Edubridge Learning : raised $3 million
• Vienova Education: Rs.157 million
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10. For all who wish to see a glimpse of an application
of ONLINE LEARNING
SO DOES IT REALLY WORK ?
HOW DOES IT WORK ?
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15. CASE STUDY: Training on a Train!
Prof. Bhattcharya bore the brunt of Mumbai’s infamous traffic
Stuck on the train while he had to be in the studio
The study center integrated his voice feed with the Virtual Campus’ LIVE
feed to the various students logged in from various locations
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18. So where do I look for
Opportunity
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19. Opportunities for entrepreneurs
Online education market is attracting entrepreneurs, venture capitalist
funding and online enrollees
• The Advantage:
• Demand for sustained supply of knowledge workers
•
Target Population: 445+ million between 5 and 24
•
Making India: The world’s largest consumer of education services
•
Estimation: 40 million students pursuing higher education in India by
2020
•
•
The Scope: Indian education system is still archaic and has a lot of
scope for innovation and growth
•
The Need: 1000 universities and 45,000 colleges in the next year
www.24x7learning.com
20. Opportunities for entrepreneurs
• 19% of India’s population is in between 15-24 years
of age
• Objective to facilitate skilling/upskilling 500 million
people in India by 2022
• Labour force set to grow by 7 million every year (2%
of population)
• Director General Employment and Training alone
needs to add 20,000 trainers every year
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21. Trends of Technology in Learning
• Trend 1: Less desktop; more mobile
• Trend 2: Less Tell: More Games and Gamification.
• Trend 3: Less PPT-only; More Cool Interactive Tools
within Lectures
• Trend 4: Less Formal Training; More Informal Social
Learning.
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The current video which plays on the slide is linked to the file on my system. You can right click on the player properties and change the path of the URL to the location of the file on your system. You might have to copy the video on to the computer being used are use that link.
The fast-growing online education market is attracting entrepreneurs, venture capitalist funding and online enrollees in record numbers.Economic Times: “With double digit economic growth demanding a sustained supply of knowledge workers, India has emerged as one of the world’s largest consumer of education services with a target population of more than 445 million (between age group of 5-24 years), which is expected to increase to approximately 486 million by 2025, far exceeding the combined target population in China (354 million) and the US (91 million) in the same year.”Estimation: It is estimated that there will be around 40 million students pursuing higher education in India by 2020There would be a need to open thousand universities and forty five thousand colleges in the next decade to cater to this need. The expansion of this scale can be achieved by more activate participation from the private sector