ValueNotes is a leading research firm that
provides insights into the outsourcing industry.
The company recently published a research
report that establishes the opportunities
in the e-learning outsourcing industry and
provides a detailed landscape of Indian service
providers.
In recent times, corporations, educational
institutions and governments have started
re-examining the way training and education
are imparted. e-learning has now become
a crucial part of their strategy to deliver
knowledge. But maintaining e-learning systems
within the organization equals more costs.
The solution? Outsource, and don't look
back - more international organizations,
realizing cost advantages, are moving from
dealing with local e-learning service providers
to directly approaching Indian companies.
Revenues from the Indian e-learning offshoring
industry stand at approximately USD 341
million at the end of calendar year 2008.
While the economic recession will impact
the growth in the industry for the next
6-8 quarters, the market will recoup and
grow much faster, until 2012. Taking these
factors into account, our estimates suggest
that the e-learning offshoring industry
will grow at a CAGR of 15% till 2012, though
growth will be more subdued till 2010. ValueNotes
estimates the market size to touch $603
million by the end of calendar year 2012.
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