Online education in Russia: status and development trends

Abstract

The online education market is showing growth and strengthening of its position as a business area not only in Russia, but also all over the world, increasing the industry growth rate up to 20% per year. The main and significant jump occurred because of the active transition to online due to the covid-19 quarantine restrictions. The purpose of this work is to study the online education system in Russia and determine the prospects for the development of this industry. The tasks of the research include comparing online education with the offline sphere, analyzing popular categories in online education and forecasting the dynamics of market development, taking into account the influence of the revenue of online education companies. The main methods used in the work: data analysis and comparison. Based on the results of the study, the main conclusions were obtained: every year there is an increase in investments in the field of online education, large companies buy promising projects. Based on the correlation-regression model of the dependence of the period under study on the volume of the online education market in Russia, a forecast for the coming years has been made. The most popular areas of study: foreign languages, IT and marketing. The year 2020 allowed the industry to increase its performance more than it was predicted, and by 2021, the revenue is expected to increase to 73 billion rubles.