After a quiet period, the language learning vertical within education technology is on the upswing once again with young, innovative startups entering the arena attracting a new generation of language learners.
Certainly, it’s the established players that are only too willing to satisfy the growing demand. However, there is now a plethora of new and hungry startups in the language learning space coming in the market whose offers go beyond digitized textbooks and English training only. And it’s startups we specialize in at EDUKWEST.
South Korea’s education system has been the envy of many western governments. The country managed to transform itself from mass illiteracy to global economic powerhouse in less than two generations. Its students consistently rank in the top 5 for PISA test results, and the country has a 93% high school graduation rate. 82% of these graduates go on to university.
This Reading List: Online Tutoring is an extension of our popular “Tutoring Markets Overview” and can be used independently or in combination with the beforementioned.
It features 23 articles and gives the reader a thorough introduction to the diversity and business of online tutoring in markets including the U.S., the UK, South Korea, Hong Kong, and Asia.
The tutoring industry is a booming market worldwide, currently estimated at around 100 to 150 billion USD annually and with the potential to grow to 190 billion USD, depending on whose research you take as basis.
The Indian education technology market is a fast-growing industry, full of opportunity. It is predicted to be worth Rs 590,000 crore in FY2014-15 as reported by India Rating & Research.
It is, however, often confusing to the outsider and difficult to tackle for those not present in the country or without access to primary sources.