From correspondents in Tamil Nadu, India, 12:26 PM IST

Worldwide market for online tutoring is estimated to be in the region of $12 billion (Rs 46,800 crore). India now earns around $15 million (Rs 60 crore) per year from online tutoring -- 10 per cent of the total market share, reports Financial Express.

Vijay K Thadani, co-founder and CEO, NIIT, has said the Indian market, despite a 4 per cent market penetration, shows promise. The reason happens to be due to the size of the Indian population (100 crore) -- the absolute internet users are over 4 crore, which is bigger than the population of many developed countries.

Some advantages of online education over traditional Tuition

• You get 24/7 class room with a highly qualified instructor.

• You don’t have to step out of your house to get tuition

• You can study on your own at the time of your choice.

• You can sit at home and take online tuitions from qualified online tutors.

• You can schedule your class according to your convenience.

• You can speak to a subject matter expert as and when you need.

However, K Ganesh, founder and CEO of TutorVista, warns that a 100 per cent online tuition model would not work for India. “India’s internet penetration levels are very low and computers are very expensive here. A hybrid model, and not a 100 per cent e-learning model, would work better here,” K Ganesh has said.

Sujai.G, senior consultant of 2tion.com said “Online Tuition is becoming more and more popular in India these days after BPO (Business Process Outsourcing). Thousands of Indian teachers get opportunities to teach children across the globe and earn a good amount of money through online tuitions. This has become another successful internet business in India. There is a growing demand for online tutorials in UK and USA now.”

Source: Press Release Distribution via India PRwire