The acceptance and experience of training sessions online will improve due to an increasing number of computer-savvy parents and the application of technology including data analysis, virtual reality and facial recognition. China 's out-of-school edtech market is set to expand from CNY29bn ($ 29 billion yuan ) in 2025 to CNY714bn in 2017 , driven by wider interest in online courses, according to a report from UBS . It said education has lots of potential to grow as data analysis, virtual reality and facial recognition become more commonplace, and because Chinese parents often expect their children to do additional classes outside school. UBS analyst Edwin Chen said online courses would increase from a around 50 percent share of the market last year to around half.
China 's out-of-school edtech market is set to expand from CNY29bn ($ 29 billion yuan ) in 2025 to CNY714bn in 2017 , driven by wider interest in online courses, according to a report from UBS . It said education has lots of potential to grow as data analysis, virtual reality and facial recognition become more commonplace, and because Chinese parents often expect their children to do additional classes outside school. UBS analyst Edwin Chen said online courses would increase from a around 50 percent share of the market last year to around half.