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Cost of On-Demand E-Learning Development Solution

By Nemi Mangal | December 18, 2020

e-learning development solution

The e-learning development solution apps are a good medium to learn and obtain knowledge online. Over the last 4-5 years, e-learning portals or apps have come into trends but since the Covid-19 crisis, these online learning apps become more popular to learn any course. The students can learn online by using their smartphones at home and teachers can teach their students from home.

There are many e-learning apps in the market with various kinds of courses and teaching methods. It’s up to the students to select courses and teaching methods as per their needs.

Global E-learning Market

Worldwide, smartphone users are frequently downloading mobile apps on their smartphones with an 8.47% current rate. Global statics reveals that the market of e-learning platforms was $165.36 billion dollars in 2016 and expected to reach $243 billion dollars by 2022.

  • As per Research and Markets, the Global E-Learning market is expected to reach around $325 billion by the year 2025 
  • As per IBM training research, if each one dollar a company invests in online learning then they can get $30 return by an increase in employee productivity
  • As per Zion market research, the Massive Open Online Course (MOOC) is expected to reach approx. 25.33 billion USD by the year 2025.
  • As per Technavio, the corporate e-learning market could increase by 38.09 billion USD with a CAGR of 11% between 2019 to 2024.
  • Percent of smartphone users who download various apps is around 89% and out of those 50 percent are used for online learning

global-E-learning-market-from-2011-to-2020

This graph shows the global e-learning web and mobile apps market from 2011 to 2020. The market for online education development is estimated to reach 37.8 Billion dollars in 2020.

These stats show that there are a lot of opportunities in online learning development and we all are aware that demand in the online education field is pretty unlikely to come down and on-demand e-learning development solutions will help people to earn high profits.

Benefits of E-Learning Web And Mobile App Development

In the present time, Smartphones have become a common medium in student’s lifestyles. There are a lot of entertainment platforms that can run on any Smartphone. Students consume a lot of time on these entertainment platforms. Therefore, e-learning apps are welcomed by all the students.

These e-learning webs and mobile apps provide top-notch features and methods to engage students in their studies and make studies interesting. Let have a look at some major benefits of on-demand e-learning development. 

    • Learning Resources

On-demand e-learning development comes with a database solution where you can store your learning resources information such as courses, student data, training programs, etc. Nowadays, finding learning materials on search engines with advanced filtering features is easier than ever.

    • Cost-effectiveness

E-learning development of mobile app solutions provides better completion and retention rates. Learners can learn any course through e-learning apps one-by-one.

    • Flexible Learning

E-learning web and mobile apps make the learning process more flexible as they provide various features and options of learning in the form of videos, graphs, podcasts, etc.

    • Track Student Performance

Parents can check and track their child’s performance. The report created by these e-learning platforms consists of exam results, time spent in studying, and other factors.

Core Features and Modules of Online Learning Development

1. Students Panel Features

      • Social Sign-in / Signup
      • Search Courses
      • Browse various subscription plans
      • View available courses or subjects
      • Search and select test series with advance filter feature
      • Search and select teachers
      • Payment for courses
      • Post questions and doubts
      • Consult with tutor via video call, live chat.
      • Rate and reviews 

2. Teachers Panel Features

      • Registration 
      • Manage Profile
      • Alerts/notification of students interaction 
      • Schedule live classes
      • Ratings and reviews
      • Answer queries 
      • Live chat and video call with students
      • Manage Payments

3. Parents Panel

      • Registration
      • Track kids performance 
      • Track course progress
      • Check results
      • Manage course subscription plans
      • Track attendance 
      • Live chat with teachers
      • Notification by admin and teachers

4. Admin Panel Features

      • Manage students and teachers
      • Manage courses 
      • Manage subscription plans 
      • View and manage earnings 
      • Manage payments
      • Generate revenue and analytics reports

Cost of On-Demand E-learning Development Solution

The cost of an online learning development solution depends on some factors:

    • The complexity of E-learning app

The complexity of an e-learning development solution can be higher or lower depends on the basic and advanced app features.  

    • Number of Platforms

The cost of an on-demand e-learning development solution on a single OS platform will be low as compared to multiple OS platforms.

    • E-learning app development region

If you hire mobile app developers, then the cost per hour for an on-demand e-learning development app varies due to the locations. As per Statista:

      • North America — $60-$250 per hour
      • United Kingdom — $60-$150 per hour
      • Western Europe — $40-$120 per hour
      • Eastern Europe — $20-$100 per hour
      • India — $20-$80 per hour

Conclusion

COVID-19 pandemic has changed the way of living in the world. All governments across the globe issued new norms that strict on social distancing. It makes e-learning development solution a hot prospect for current and future times. If you were looking to create an e-learning website or mobile app then these times are the best opportunity to kick start your journey. So, hire an experienced and reputed mobile app development company and get the best e-learning development solution from our expert developers.

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