China's $24bn online education market set to grow 20% annually
China’s online education sector is predicted to grow 20% annually to reach $41bn by 2019. The education market across the world is due to hit $190bn by the same year. The surge is due to the increase in household spending capital, the lack of educational resources and the relaxing of the one-child policy. Online education firms in China have already seen 144m users join by June alone.

Analysts believe the best is yet to come for the US$24 billion market, with innovations such as live-streamed lessons enabling teachers to reach out to students in remote areas and smaller cities