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.
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.
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.
Mobile learning is a growing sector in education across the globe, but it will have the largest impact in developing countries where mobile Internet outgrows, and often replaces, broadband connections at an increased speed.
Tech solutions for learning English are booming in China, with growth of 23.6 percent in the past five years, and the Middle East, with an estimated market size of $215.7 million by 2018.
Our Startup List: ESL Global gives you access to over 70 edtech startups in the English as Second Language space across the globe.