The online learning industry is expected to grow over the next few years due to.

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The biggest online companies in the world are based in Asia with China and India respectively taking the lead in online education. The industry is growing due to practical and effective education, internet penetration, a growing base of smartphone users, and flexibility that the online learning model offers to students and those who want to further their careers. Unexpected events such as disease outbreaks can potentially shape the future of the industry.

The ongoing coronavirus epidemic that broke out in Wuhan, China, could play a huge role in promoting the growth of online education. Some parents have signed online classes for their children so that the students forced to remain at home can keep up with their peers. Although this is a temporary measure, it could potentially make online learning acceptable to parents who may have been against online education.

Creating content on Education Ecosystem is fast and cost-effective because it is based on user-generated peer to peer projects. This allows a wider pool of project creators to create projects that benefit learners. Students gain invaluable experience on how to handle a project from start to finish. This includes analyzing the problem from a practical point of view to developing a solution that works for that problem. Project-based learning prepares students for their professional careers by learning from instructors who have vast practical knowledge in specific areas.

UK-based project creator and software engineer Elliott Minns says that students are more engaged as the idea of building a real product acts as an incentive. “Students see the completion of a real product as an incentive for learning. This motivates them and gives them enough reason to sharpen their skills,” said Timms. The online learning industry is expected to grow over the next few years due to a variety of factors. A research report published by Research and Markets in December 2019 estimates that the industry will swell to $350 billion in 2025, up from $107 billion in 2015.

Education Ecosystem, a startup in the online education landscape is planning to revolutionize the sector by targeting intermediate tech professionals and college students. The majority of online learning platforms use courses as a method of teaching. This works for them because their goal is to teach beginners step-by-step until they have a good grip on what they are learning. This is good though it is a generic approach. Education Ecosystem uses a project-based model that allows intermediate level professionals to work on a project.

It gives intermediates a feel of what it’s like to build industry-grade products and also help professionals to hone their skills so that they can find success in their careers. This sentiment is shared by Education Ecosystem’s project creation manager Dusan Kolic who said, “Project-based learning seeks to better prepare students for solving real-life problems and issues while teaching them what they need to know to succeed in their careers.” Education Ecosystem employs a decentralized technology as the bedrock of its platform.

Education Ecosystem has built an ecosystem that incentivizes learners, project creators, API developers, other online companies, colleges, and nonprofits. Project-based learning is a great teaching method that provides benefits to both learners and project creators. Learners focus on one project at a time, giving them enough time to analyze the problem and how best they can approach it.

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