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Online Education Market to Reach US$ 729.1 Bn by 2031: TMR Study – PRNewswire

ALBANY, N.Y., Dec. 15, 2021 /PRNewswire/ — The past few years have been witnessing the popularity of smart e-learning solutions for the remote delivery of education, pivoting on flexibility and accessibility for learners. Education delivery institutes and universities promoted the importance of virtual learning platforms to stay on the course of learning. The global valuation of the market is projected to advance at CAGR of 12.3% during the forecast period of 2021–2031.

After the outbreak of COVID-19 pandemic, online education had become the new normal among most educational institutes, globally. The closing of education institutions across the world had offered tailwind to the online education market.

In the past few months, the shift to learning platforms has been rapid notably among learners who have been leveraging these for skill development, reskilling and online certifications, and corporate learning. The preference for e-learning platforms continues to grow, increasingly propelled by the growing awareness about and acceptance of various smart learning tools among teaching professionals and learners. 

EdTech companies are keenly offering online courses for coding and programming in order to intrigue students. Some of the key applications of online education are language and casual learning, primary and secondary supplemental education, and higher education.

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Key Findings of Online Education Market Study

  • Integration of AI with Online Learning Platforms Boosting Outcomes: Prominent providers of smart learning systems are implementing innovative strategies such as artificial intelligence (AI) and machine learning tools to identify skill gaps in the workforce and promote talent development for meeting the needs for various end users in developed and developing economies. Stridently, cloud have rendered online education ecosystem more interactive and informative for both providers and end users.
  • Wide Access to High-speed Internet and Mobile Devices Propel Adoption: Technology is a key enabler for an effective and seamless online delivery of courses. Especially in the developing and developed economies, reliable access to high-speed Internet and cost-effectiveness of the courses are boosting the accessibility to and affordability of e-learning platforms. In this regard, 5G is expected to prove game-changing technology for connecting students on online platforms in real time. Smart learning modes have notably augmented the flexibility of learning, thus enriching the landscape. Moreover, the growing adoption of smart learning tools and apps is transforming the virtual learning experience, notes the TMR study on the online education market.

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Online Education Market: Key Drivers

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COVID-19 UPDATE: Gov. Justice announces program to improve education, retention, and recruitment of nurses – Governor Jim Justice

CHARLESTON, WV – Gov. Jim Justice and members of the West Virginia COVID-19 pandemic response leadership team held another news briefing today to update the public on the State’s latest pandemic response efforts.

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Mississippi Department of Education awards grants to five universities – WXXV News 25

The Mississippi Department of Education awards almost $10 million grants to five universities to help fight the state’s teacher shortage.

William Carey University and Delta State received about $1.9 million each while the University of Southern Mississippi, Jackson State University, and Mississippi State received grants of about $2 million.

The grants are part of the Mississippi Teacher Residency and they support graduate degree programs.

Student teachers will work in critical shortage areas serving low-income children, racial-ethnic minorities, and children with disabilities disproportionately impacted by COVID-19. USM College of Education and H…….