According to the market report of Research and Markets in 2020, there will be a compound annual growth rate of 9.23% of in the global online education market in the next five years, and the market size will reach 319.167 billion US dollars by 2025. What is the reason for the huge market size and growth of online education in the world?
Impact of COVID-19
In the context of COVID-19 in the world, online education is known and recognized by more and more people. Education is the foundation of a country, every country attaches importance to the development of education. During the COVID-19, students and teachers could only carry out courses and exams online when schools were closed. At this time, the number of new user registrations for online education increased rapidly. At the same time, many parents neglect their children’s learning due to busy work in their daily lives. During the COVID-19, they are more willing to participate in their children’s learning, so that parents’ sense of identity with online education gradually strengthen. The huge demand during the epidemic has caused a massive influx of capital into the online education industry, which has continued to increase its market size.
Development of technology
The development of technology is the greatest support for the online education. With the popularization of smart devices and the digitization of various academic materials, more and more schools, enterprises and other institutions use online exam systems for training and examinations. Compared with traditional offline examinations, online testing can save a lot of time for organizers and provide a new way for training and assessment because of the powerful data analysis. For online quiz tool, the following test system called Online Exam Maker is very popular.
- Create exams easily, the system supports to upload multiple types of test questions in batches. It can avoid repetitive work and reduce workload for organizers.
- A variety of anti-cheating functions such as face recognition, anti-cut screen, intelligent anti-cheating detection, etc. ensure the fairness of the exam.
- The system supports data analysis and data export.When the exam is over, teachers can view the examination situation in the back-end of the system. At the same time, the test situation of the candidates can be exported, teachers don’t need to manually prepare the test ranking and other data of the candidates.
After the COVID-19, the demand for online education has increased, technology has been the support for the development of online education. If you are also interested in the online exam system, please click the “Sign up” button at the top right of the page to experience it.