Online education brings new magnitude to the traditional education system. In Russia, the online education market has skyrocketed in recent years, and it is expected to grow with double-digit CAGR in the near future too. The spread of edtech is making serious changes to Russia’s education system. In the newest version of Times Higher Education World University Rankings, the Universities of Russia not only improved results but has also expanded their presence from 27 to 35. According to Renub Research report, Russia Online Education Market will be a USD 2.01 Billion opportunity by 2026.
The factors which are driving the online education market in Russia are advances in technology, modern digital education environment that facilitates across the globe to experience education in any educational institution without leaving home. In addition, the government of Russia is also trying to extensively use digital solutions in education by launching two National Programs: "Education" and "Digital Economy". The main objectives of these programs are to enhance virtual learning environment and digital skills.
Online Education in Russia has surged due to Covid-19 Pandemics
Due to COVID-19 outbreak lockdown policies by the government worked as a blessing in disguise for Russia eLearning companies. According to the Russian Higher Education and Science Ministry, the online education market in Russia has surged because of Covid-19 pandemics. As of now, teaching at 80 percent of all universities as well as Russian higher education centres have moved online as part of coronavirus infection lockdown measures.
Despite there is significant competition in the Russian elearning market. But the Covid-19 pandemic has facilitated an unprecedented rise in the services of e-learning companies. Yandex, largest Russian search engine, has launched Yandex School. This project is free to use and was launched to help students and teachers in the COVID-19 lockdown. Another Russian eLearning platform Skyeng started to cater language-learning demand, but eventually expanded to other education services.
Renub Research latest report “Russia Online Education Market by Segment (Elementary, Central Secondary, Supplementary School, Higher Education, Secondary Vocational, Supplementary Vocational, Language Training) Company (Coursera, Mail.ru group, INTUIT, Pluralsight Inc., Cornerstone On Demand Inc)"provides an all-encompassing analysis on the Russia Elearning Market.
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Segment - Russia Online Education Market is covered in 7 categories
1. Elementary
2. Central Secondary
3. Supplementary School
4. Higher Education
5. Secondary Vocational
6. Supplementary Vocational
7. Language Training
All the Company Insights have been covered from 3 Viewpoints
• Overview
• Recent Initiatives
• Revenue Analysis
Company Analysis
• Coursera
• Mail.ru group
• INTUIT
• Pluralsight Inc.
• Cornerstone on Demand Inc.
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According to the latest report by Renub Research, titled "Russia Online Education Market by Segment (Elementary, Central Secondary, Supplementary School, Higher, Secondary & Supplementary Vocational, Language Training) Company Analysis" Edtech's spread is causing significant improvements to Russia's education system.
The online education market in Russia has grown with double-digit CAGR in recent years.
This growth is due to advancements in technology and the digital education atmosphere through which students can get an education without leaving home.
Online education companies providing academic courses for students in Russia are INTUIT, Coursera, Pluralsight Inc., Mail.ru group, and Cornerstone On Demand Inc.The Positive Impact of COVID-19 Pandemic in Online EducationDuring the COVID-19 pandemic, the online education sector has expanded as online education adds new dimensions to the conventional education system.
This growth is due to the spread of the virus in the country.The most advanced schools in Moscow that turned to remote learning, however, were not ready for virtual education.
We provide wide range of business research solutions that helps companies in making better business decisions.
