3 Contributing Factors To High Growth In Online Learning Business

Online Learning or e-Learning has been around for more than a decade. Since the birth of the Internet,

the number of e-Learning Portals has grown. This is not a surprise as the Internet is essentially an

information-sharing platform. Using the Internet as a mechanism to transfer knowledge is a natural development.

There are few key contributing factors that has facilitated the high growth in the online learning business:

1. First of all is definitely due to the Internet Infrastructure. Internet is the fastest growing trend on earth. The internet penetration rate and usage are growing in an exponential rate. According to data published on WorldInternetStats.com (http://www.internetworldstats.com/stats.htm), the total Internet Users population is 1.07 billion. Looking at the rate of growth, it can double to 2 billion within next 5 years. This is just a conservative projection. With more countries fighting to build up their infrastructure to make their nations broadband or speed-band ready and with high number wireless access hotspot within the country, the Internet adoption rate will peter. People will become more incline to using Internet to receive and transmit information.

2. The advancement of technology in both hardware and software has made information sharing through the Internet much more efficient and effective, and also more affordable. This enable interactive type of information sharing and sharing of videos and audios now are so much easier. It is as simple as sharing a normal text file. Video conferencing and Live Web cast are now much more reliable and cost effective. This has made learning online much more interactive and interesting, hence more people are adopting learning through online media.

3. Globalization has not only changed the economic environment, it has essentially changed the lifestyle and work nature of mankind. This requires workers to be mobile, moving across border-to-border, from one country to

another. In the other hand, the demand from workers for more creative ideas and knowledge continue to increase. Workers need to continue to upgrade their knowledge and with their high mobility, using Internet as a learning media is also a natural option. This is one of the key-contributing factors to the high growth in this industry.

Today, the online learning essentially can be divided into 2 main categories, the Academic Learning and non-Academic type. The Academic type is usually link with traditional educational institutions, mainly act as an additional media

for the institution to deliver academic contents to students. The non-Academic type is mainly delivering contents related to Personal Development, example – Business Skill, Sales Skill and motivational topics.

One of the online learning website, SkyQuestCom has been ranked by Deloitte as the Top 7th fastest growing technology company in Asia Pacific in year 2005. This is a indication of the high growth potential of this industry.

SkyQuestCom is providing non-Academic contents. It is one of the online learning website that comprises the most World-Class Speakers in one portal. The contents are mainly online videos format.

To view some of the Free videos, you can visit this site:

Source by Curtis Lee