Post Covid-19 outbreak, the world has shifted from the traditional education system to the online classroom system. Video conference rooms and platforms that provide live streaming for education have caught up the market in the last two years. Globally, the online learning market generated a revenue of 46.67 billion USD in 2016. By April 2020, 98% of educational institutions will have adopted educational video platforms. In 2020, 180 million people used Massive Open Online Courses. 41% of students found online learning experience better than physical classroom experience and 90% of companies used e-learning platforms for employee training. In this article, we will discuss the reasons why online learning is the future of education in 2022.
10 Reasons Why Online Video Streaming is the Future
1. Cost effective when compared to traditional education
Pay-per-class and payment in installments models are available for online learning. Discounts and scholarships are also available on several platforms owing to the competitive space. Students save on the cost of commuting and study materials.
2. Offers flexible schedule
Online class timings can be fixed based on the convenience of the teacher and the students since it is on a virtual platform. This offers better work-studies balance for students and better work-life balance for employees having official training programs.
3. Easy to access
A device and a good internet connection is all one needs to access online education platforms. This makes it easy for people to learn on-the-go. students can learn from anywhere in the world, while they hold a full-time job, travel or are studying full-time.
4. Offers improved learning experience
When you build an educational video platform, your students can learn at their own pace. They are not required to have a specific time alloted everyday to take up a live online class. They can watch recorded videos and learn without any pressure.
5. Students can customize the learning experience
Educational video streaming services operate under different models – traditional classroom model with one teacher and many students, one small batch of students with a trainer, one-to-one teaching and recorded videos where students can learn at their own pace. Students are free to choose the model they prefer and customize their learning experience.
6. Demand for online video education platforms has increased post Covid-19 outbreak
As the world went digital after the Covid-19 outbreak, the demand for online video education platforms has increased. Educational institutions, trainers and businesses have adapted to e-learning models as they experience high-quality education remotely. The E-learning market generated a revenue of 101 billion USD in 2019 globally. It is forecasted to grow to 360 billion USD in 2026.
7. Educational video streaming services offer a wide selection of programs
All offline training institutes and trainers moved their classes online. Experts of all industries have also begun their online classes and promoted it through different mediums on the internet. This has given rise to virtual classroom for a plethora of skills, arts and subjects for people of varied interests and age groups. There is something for everyone and people have a wide range of trainers and training institutions to choose from.
8. Online video education platforms have higher retention rates
A higher retention rate is observed for online video education platform when compared to traditional university courses and physical classroom training. Students are able to learn at their own pace as a result of reduced financial burdens, virtual learning materials and classes, and the ability to access learning material from anywhere. It is possible to choose any type of virtual learning model with recorded videos available to the students for life, a support group to clarify any questions after implementing the skills taught in the online class, one-to-one coaching, etc.
9. High-quality interaction
Trainers and teachers can utilize a variety of learning methods online and decide on the number of students they’d allow to enroll in a class. This increases the quality of interaction between the teacher and the students as the teacher can pay more attention to the students when compared to a jam-packed physical classroom.
10. Students can learn at their own pace
With multiple online education models available online, students can choose live, pre-recorded or classroom models. If a student wants to learn actively and master a subject within a stipulated period of time, he can opt for hackathons where a topic is discussed in each class followed by an actionable assignment. This gives the student an experiential learning experience. Pre-recorded videos are available for a lifetime, so the students can learn at their own pace.
Online learning and teaching have proven that education knows no age limits. Post-Covid-19 lockdowns, people of all backgrounds have come forward to learn a skill or subject. People can choose what interests them, determine their situation, and decide which virtual classes to take and which online learning model works best for them. Even though the world has adapted to online education because of the Covid-19 pandemic, it has worked for everyone. As the trend and predictions indicate, online video education is set to grow exponentially and is the future of education.