Huge Prospects of E-Learning Have Created a Number of Opportunities for the Key Players in Asia

The significantly lower cost and its ease of operation have driven the growth of the e-learning market in Asia in more than one way. The fact that e-learning lets individuals round off their training more easily and quickly have given way to enhanced performance and better productivity. Also, people do cherish that they can chip in the training session at their convenience, which in turn has supplemented the market growth yet more.

According to Allied Market Research, the Asia E-learning market is anticipated to display a striking CAGR from 2020 to 2030. A prominent edtech organization in India, namely Scaler, has developed AppliedRoots, an online learning platform, for fifty million dollars in a tender to reinforce and shore up its offerings on the ground of Artificial Intelligence, machine learning, and data science.

Supported by Tiger Global and Sequoia Capital India, Scaler happens to emphasize tech specialists & mavens, and college enthusiasts, to be specific. Users on the stand are trained by more than a thousand tech honchos and subject matter specialists who are associated with renowned establishments such as Amazon, Facebook, Google, Microsoft, and Intuit.

As part of the agreement and contract, all the co-founders of AppliedRoots will comply with Scaler and give on to a number of projects. The majority of team members at AppliedRoots will stand up for the machine learning business and data science verticals of Scaler. Some team associates will also be working on the content vertical, Scaler Topics, which is an organized collaborating space for ambitious software experts to grasp the required tech skills.

Covid-19 scenario-

Here, it’s worth stating that the outbreak of the pandemic gave way to temporary closure of most of the colleges, schools, and other learning avenues so as to contain the spread of the virus. This, in turn, has been highly beneficial for the growth of e-learning platforms throughout the period, since the majority of educational establishments took recourse to e-learning ways & methods to provide the essential training to individuals even during the lockdown.

As per a report circulated by UNICEF, more than ninety percent of government bodies have instigated some form of distant or e-learning solutions to help edify children. These factors have certainly contributed to the promotion of the e-learning industry in several ways. This drift is also most likely to persist post-pandemic as well.

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