ValueNotes Outsourcing Practice has published a report on the Indian e-learning outsourcing service provider landscape where it has revealed that revenues from the latter will touch US $603 million by the end of 2012. At present, the Indian e-learning outsourcing segment has reported to have earned approximately US $341 million at the end of 2008. Titled 'E-learning Outsourcing 2009: Advantage India', the report documents the competitive landscape of providers in the e-learning space in the country.
Market will Recover
According to ValueNotes, the economic recession will continue to impact growth in the industry for the next six to eight quarters. The market will recover and grow much faster until 2012. As a result, according to ValueNotes suggests that the e-learning offshoring industry will grow at a CAGR of 15 percent till 2012 -- though this growth will be more subdued till 2010. This 'growth' will be to the tune of US $603 million by the end of the calendar year 2012.
According to ValueNotes, since companies are forced to make their 'training dollar' last longer, outsourcing e-learning operations to countries such as India are a more viable solution. Realizing the cost advantage and service expertise available India, companies will move from international e-learning service providers to Indian ones.
The E-Learning Outsourcing Industry in India
According to the report, today the Indian e-learning outsourcing industry consists of third-party providers, offshore delivery centers of international e-learning providers and consulting firms. In the last decade or so, apart from 'pure-play' e-learning firms, companies from fields such as IT, BPO, publishing and domestic retail education have also made a foray into the market.
At the same time, Indian e-learning providers are now moving on from doing low-end outsourced work for international providers to rival international standards in emerging technologies like Web 2.0 applications, high-tech learning environments, and tools to develop better, faster and economical learning. This includes small, niche providers that are now developing specialized applications such as rapid mobile learning tools.
ValueNotes estimates that there are no more than 35 e-learning providers who have more than 100 employees and there are well over a hundred other smaller providers in this space.
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