K-12 e-learning- Scope and Employment

E learning    India, the second most populous country, harbors a population of 1.3 billion, almost 18% of the world population. The country is poised to overtake China in total population by the year 2022. Current demographic statistics suggest that 50% of population in India is below the age of 25 years. Indian economy, primarily service driven, is reliant on IT and Telecommunications as the country has witnessed huge upsurge in global investments. Having become the top attractions for global giants for investment as well as human capital, the country has become largest exporter of manpower, especially technical and IT related manpower.

For the inclusive development in India, education sector plays a very pivotal role.With aggressive privatization witnessed during the post liberalization era, majority of employment as well as the technical innovation can be traced to the corporate sector. As such, the role of Education Technology,referred to Ed-Tech, in providing inclusive and sustainable development to the economy is more than significant.

E-learning industry has witnessed continual growth which does not seem to abate in the coming decades. Estimates suggest approximately 25 crore students studying across 14 lakh schools in India. Apart from these figures, the dipping cost of hardware makes it obvious that technology adoption is becoming easier with each passing day.The recent trend among the new entrants in e-learning domain has seen a lot of established conglomerates venture into the business. Various prestigious publishers have revamped their business models by limiting the paper and print version of education and replacing digital learning solutions.

In terms of employment, e-learning industry has become a huge attraction for talent. The industry allures talent from technology, academics as well as creative domain. The market size of the e-learning industry has been witnessing a CAGR more than the average industry rates. A few reasons why e-learning is preferred employment category:

 

  • Scope for innovation: e-learning industry is centered on innovation to cater textbook knowledge and skills in the most engaging manner. The mere genesis of the industry started with the innovation of using computers and IT to augment and leverage education. Currently, the e-learning industry is witnessing path breaking innovations like adaptive learning, gamification and personalized education.As such, it offers great scope for academicians, animators, programmers and many such experts associated with the industry.
  • Industry growth:The e-learning industry has been witnessing steadfast growth all over the world. The rate of growth has been higher in developing economies that makes it more lucrative career path in India. For a developing country where the purchasing power of the masses is increasing, e-learning has a great scope.
  • Future prospects: India has 68% population living in rural areas where the penetration of technology and technology enabled solutions is nil. However, the country is working hard on e-governance and digitization to reach out to the non-urban markets that are not captured.
  • Societal concern: The social impact of the education industry jobs is higher than other corporates. Education, being a noble cause, makes a very satisfying career in terms of job satisfaction.
  • Government support: Governments show a keen interest in adoption of e-learning initiatives at schools. In India, the government sees e-learning as the only viable route to bridge urban-rural gap and educate masses. Therefore, the industry is fuelled by government support and offers exciting careers.