As more and more companies embrace technology-based learning solutions, the worldwide LMS (Learning Management System) and eLearning market will increase to USD 15.72 billion by 2021, due to a steady 5% growth over the last 3 years. Major growth drivers behind the ongoing LMS market boom include the rising adoption of digital learning, numerous government initiatives for LMS growth, the expanding use of Artificial Intelligence and Machine learning in both academic and corporate learning setups.
A Learning Management System (LMS) is a software used to manage learning and training of various courses to one or more learners. It is typically a cloud-based system that allows the learners to authenticate themselves, register for the course, complete the course, and then take assessments for learning outcomes.
Udemy.com is the world's largest online learning platform (LMS) and a cloud-based LMS such as this can be leveraged for team learning across geographies, enabling knowledge-sharing and brainstorming.
There have been over 245 million course enrollments. 80% of Fortune 100 companies use Udemy for employee skill improvement.
This eLearning platform has many content creation tools such as PDF documents, PowerPoint, etc. text and video content can be combined to create and publish courses.
Udemy has become a Massively Open Online Courses (MOOC) aiming at professional adults and students. It makes huge profit by taking 50% per sale of your course. With growing eLearning demands, LMS/MOOC can serve as a very profitable start-up idea.
We can help you develop a product similar to Udemy. With our diverse experience in developing apps for businesses which start with aspiring targets along with our expert team of Web and Mobile Application Developers, UI/UX Designers, Business Analysts and Product Managers, we can help you develop this app meticulously.
The development costs of an E-learning platform as Udemy will be somewhere in the ballpark of $18K to $20K . Let's see a detailed breakdown of costs along with its features.
Let us have a look at basic features which are accommodated as per the given ballpark cost.
|Basic Features||Sign up/ Login||Sign up/ Login||Login|
|Guest users||Guest users||Manage students|
|Categorised and sub-categorised study materials||Take test and survey of eligibility||Manage Instructors|
|Starter and featured courses and popular courses||Create course||Manage certification|
|Connect to instructors and Share instructor details||Create Practice tests||Manage copyright and piracy|
|Search, Buy, Wishlist, Archive, download and delete courses||Delete or Unpublish course||Manage payments from students and to instructors|
|Video, imagery, documented courses||Add media in form of pictures, videos and documents to the course||Manage categories|
|Quiz sessions and Q&A sessions||Answer to students||Manage commissions|
|Video, imagery, documented courses||Get Paid|
|Payment gateway and refund process||Manage criteria for certification|
|Cost of On-demand E-learning platform like Udemy||Android Application + iOS Application +Web + Admin Panel = $18K to $20K|
|Add-on Features||Subscriptions for mass learning||Market course (promotions and boosts)||Google analytics|
|Rate and review instructors||Manage subscriptions|
In order to keep your consumers busy on the app and to guide the students with the kind of course they are looking for, we can help you integrate a chatbot within the user interface of the app. Chatbots are helping apps leverage the generally asked queries in a unique way by providing prompt responses to the customers.
Once you start having enormous traffic on your app, it might get difficult to notice small changes throughout the consumer behaviour on the app. With the help of our instinctive machine learning algorithms, you can put predictive analytics and data analysis to the best for identifying the right consumer trends and leveraging them further.
Finally, by putting our expert experience in blockchain, we help you add another layer of security to the payments system on your app.
It is of utmost importance that you get in touch with the best mobile app development company that has expertise in consultation and Android/ iOS development. And with a very innovative and ingenious idea like that of E-learning Platform, only the best can help you with such an approach by making your application having flawless UI/ UX and outstanding features.
Hire our IT solutions experts because:
We have in-house certified software developers, web/ mobile app developers, UI/UX designers, business analysts and product managers.
Collectively, we have an experience of 10 years in the mobile application development services.
We can also help you in developing and implementing an effective product strategy for LMS marketplace.
Experienced in eLearning and mobile learning apps development
Transparent process for regular eLearning app development updates
Effective client communication
Affordable project cost with no hidden charges
Strategic Usability Testing