In today’s marketplace, the most practical and effective way to start an education business is to use an OTT Educational Platform. OTT for Education has the potential to support some of education’s most innovative curriculum delivery initiatives. It protects your company from the consequences of market disruptions while expanding your reach to a global market.
Simply put, the Educational OTT Platform is the tool you’ll need to get and stay ahead. Here’s how you can make this work for you.
As part of your business strategy, you can’t ignore the online video platform for education. Here are some statistics to back up this point.
- By 2026, the online learning industry will reach $370 billion.
- According to Statista, between 2020 and 2024, revenue in the Video Streaming segment will grow at a CAGR of 4.1 percent, resulting in a market volume of USD 30,410 million.
- 76% of teachers say video platform for education help students remember what they’ve learned.
- 88% say students perform better when using video learning strategies.
Before getting into the nitty-gritty details , let’s first define OTT Education.
So, What Exactly is an OTT Education?
OTT Education – an interactive e-learning platform that serves as a central repository where students and educators can interact in two ways with all the tools available, ensuring resource optimization. Furthermore, it helps students to set their own learning pace and learn anywhere, at any time, and on any device of their choice.
On-Demand OTT platform for education can be “highly effective”—and highly profitable for producers. With OTT video revenues surpassing the $20 billion mark last year, there has never been a better time to join the industry.
How Does OTT Educational Video Platform Work?
To begin with, starting an e-learning business generally requires the use of a professional-grade video hosting platform with OTT capabilities. OTT platform technology typically gets delivered as downloadable software or an in-browser streaming tool.
Thanks to educational streaming services, students anywhere in the world can now access high-quality education at a fraction of the cost of traditional education. It can be customized to meet the specific needs of each student. For example, if a student has trouble understanding a particular concept, they can seek help from the instructor or other students. It also facilitates students to move at their own pace. If they finish a unit ahead of schedule, they can move on to the next. It’s useful for students who have other commitments, such as work or family commitments.
Some students may be hesitant to enroll in an online course because they are concerned about not having a live instructor. Most educational video streaming services, on the other hand, include an interactive component that allows students to get help when they need it. Moreover, several Educational video streaming solutions provide tutoring services.
What Are the Benefits of Educational OTT?
Video streaming services for education not only pave the way for a better career pathway but also helps enhance the learning experience with its beneficial features:
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Interactive
The most remarkable feature of Education OTT is its interactivity. Instructors can easily engage their students and answer questions at any time, allowing courses to be taught simultaneously.
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Flexible
Live Streaming For Education serves those who are unable to attend a traditional education system because it does not rely on the physicality of the classroom.
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Highly-Scalable
Students can access content from wherever they are, at any time, thanks to a online video platform. The keyword here is accessibility.
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Affordable
Education OTT’s affordability factor goes a long way toward addressing issues and the overall quality of the learning experience.
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Accessible
Education OTT is available to all students who want to learn and understand new concepts. Education OTT has the scope to provide access to better education to anyone with an internet connection, which was previously available to those with financial means.
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Quick Assessment
Instructors can handle tests and immediately correct them to assess students’ performance. It is a significant improvement over traditional classroom correction, which can take weeks.
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Saves Time
One of the main reasons why recipients should prefer educational video streaming services is that it saves their valuable time.
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Multiple Course Options
Create multiple courses that can get delivered via an e-learning video platform. Platforms, in general, are supported by a robust content management system that recommends related courses. Learners reap the benefit of prudent learning from separate online courses on the same VOD platform. It’s critical to retain the subscriber through ongoing engagement.
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Improved Career Opportunities
With technological advancements, employees should constantly upskill and be engaged in their work. Because most learning occurs kinesthetically, modular courses for a specific skill enable employees to improve their output while performing their jobs.
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Access Course Materials From Anywhere
Students prefer to learn on the go because they have more to do in less time. Having learning materials in digital form allows them to do just that. Online tools can yield reliable downloadable e-learning content that they can view on multiple devices.
Wrapping Up
Live Streaming For Education is no longer limited to the bounds of a classroom or a university. Today, e-learning is one of the most in-demand and rapidly growing business sectors. This trend will undoubtedly rise in the upcoming years. Globalization, accelerated technological progress, the need for continuous skill improvement, and the coronavirus pandemic have contributed to the relevance and even necessity of online learning resources.
Want to Create Your Own E-Learning Platform or Build an Educational Video Platform?
