The size of online tuition market in India is expected to grow from the current $27 million or Rs 105 crore to $280 million or Rs 1,092 crore by 2012, according to a report by brokerage firm CLSA Asia Pacific Markets. Online Tuition is going to be the next biggest boon in Internet.
Worldwide market for online tutoring is estimated to be in the region of $12 billion (Rs 46,800 crore). India now earns around $15 million (Rs 60 crore) per year from online tutoring -- 10 per cent of the total market share, reports Financial Express. Vijay K Thadani, co-founder and CEO, NIIT, has said the Indian market, despite a 4 per cent market penetration, shows promise. The reason happens to be due to the size of the Indian population (100 crore) -- the absolute internet users are over 4 crore, which is bigger than the population of many developed countries.
Sujai.G, senior consultant of 2tion.com said “Online Tuition is becoming more
and more popular in India these days after BPO (Business Process Outsourcing).
Thousands of Indian teachers get opportunities to teach children across the
globe and earn a good amount of money through online tuitions. This has become
another successful internet business in India. There is a growing demand for
online tutorials in UK and USA now.”
Worldwide market for online tutoring is estimated to be in the region of $12 billion (Rs 46,800 crore). India now earns around $15 million (Rs 60 crore) per year from online tutoring -- 10 per cent of the total market share, reports Financial Express. Vijay K Thadani, co-founder and CEO, NIIT, has said the Indian market, despite a 4 per cent market penetration, shows promise. The reason happens to be due to the size of the Indian population (100 crore) -- the absolute internet users are over 4 crore, which is bigger than the population of many developed countries.
Sujai.G, senior consultant of 2tion.com said “Online Tuition is becoming more
and more popular in India these days after BPO (Business Process Outsourcing).
Thousands of Indian teachers get opportunities to teach children across the
globe and earn a good amount of money through online tuitions. This has become
another successful internet business in India. There is a growing demand for
online tutorials in UK and USA now.”
However, K Ganesh, founder and CEO of TutorVista, warns that a 100 per cent online tuition model would not work for India. “India’s internet penetration levels are very low and computers are very expensive here. A hybrid model, and not a 100 per cent e-learning model, would work better here,” K Ganesh has said.
Online tuitions or Educational Services Outsourcing (ESO) are becoming predominant in India as Indian educators are renowned globally and are on great demand.
