Tim Wang's eLearning Blog

According to the recent report from IDC (IDC.com), the IT demand in the education industry will be much higher (14.3%) than the IT demands in other areas. The CAGR (Compound Annual Growth Rate) of the IT expenditures in the education industry will be a steady growth of 15% annually. By the year 2009, the estimated marketing value of Educational IT industry will reach 4.4093 billion US dollars. This value includes computer hardware, software, network infrastructure, servers, database etc...

An interesting observation I have had in regard to the current Chinese educational IT industry is that the hardware infrastructure is quite advanced in schools. However, there is a high demand in the software, content and service areas. The fiber optical cables have been laid out quite nicely between the education institutes. But many networks are lack of quality online learning content. The market is highly profit driven instead of the learners' demands.