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Online education and learning are more popular than ever. E-learning has always been a lucrative industry. In 2014, the e-learning market was worth $165.36 billion, and it was worth $255 billion in 2017.
The e-learning market is now expected to be worth $325 billion by 2025. According to such projections, the online learning industry is extremely popular among investors, innovative startups, and a large target audience.
Not only are e-learning startups developing e-learning platforms; many offline businesses, including educational institutions, are also considering developing online platforms.
But how do you create an exceptional e-learning website? What business model should you go with, and what features should you put in place? These are always among the most important questions for entrepreneurs.
The Current State of the Online Learning Market
The online learning market is already seeing an influx of new and inexperienced users - students and teachers. With the pandemic wreaking havoc on education, schools, universities, and colleges are going online. It's also a whole new world for traditional educational institutions.
Nonetheless, this new wave of online students will only benefit the e-learning industry. Based on the 2008 global financial crisis, where private tutoring increased by 7% between 2009 and 2010, it is clear that the coronavirus crisis will have a positive impact on the e-learning industry. So now is the ideal time to launch an e-learning platform and assist as many tutors and students as possible.

I'd like to say that it's not just about development time, it's also about the development model. You probably know that there are such offshore development options as: Fixed price model, Dedicated resource hiring model (dedicated teams), Hourly/Time & Material model. This is covered in detail in this article https://sloboda-studio.com/blog/offshore-development-models/ What I would like to say in conclusion. I strongly advise carefully reviewing your project's aims and particulars as well as honestly evaluating your capacity to oversee the development process before deciding on the best offshore development strategy for your project.
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