NEW YORK, Feb. 4, 2022 /PRNewswire/ — Technavio's latest research report on the Online Education Market In India offers a comprehensive analysis of new product launches, the latest trends, drivers, and challenges. The online education market in India is estimated to grow by USD 2.28 billion from 2020 to 2025, growing at a CAGR of 20% as per the latest report by Technavio.
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Market Dynamics – Drivers & Challenges
The key factors driving growth in the online education market in India are skill development and employment. To achieve career growth and add value to their knowledge, working professionals in India are focusing on skill development. This trend has been noticed in all age groups of working professionals. This is because digitized courses provide flexibility and convenience, unlike traditional classes, as learners can access the content from any location at any time. Therefore, the increased adoption of skill development through online certifications on digitized platforms, especially in tier 1 cities, is expected to fuel the online education market in India during the forecast period.
However, the lack of infrastructure and essential learning environment will be a major challenge for the online education market share growth in India. The Internet has immense potential to improve the quality of education, which is one of the pillars of sustainability. With the digitization of the Indian economy, the demand for e-learning and distance learning courses has increased. However, due to a lack of infrastructure, the growth of the market is hindered in the initial stage. In India, facilities such as high-speed broadband are either not available in many locations or are substantially expensive, making the model of economically efficient online education ineffective.
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Company Profiles
The online education market in India is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. The online education market in India report provides complete insights on key vendors including Dexler Education Pvt. Ltd., Educomp Solutions Ltd., Indiavidual Learning Pvt. Ltd., Indira Gandhi National Open University, Info Edge (India) Ltd., MPS Interactive Systems Ltd., Next Education India Pvt. Ltd., NIIT Ltd., SMU-DE, and Think & Learn Pvt. Ltd..
Few Companies with Key Offerings –
Dexler Education Pvt. Ltd– The company provides App Development, game-based learning, gamification, responsive design, WPB, SPP, KNOA, and site license.
Educomp Solutions Ltd-The company provides a version of smart class through a 3G SIM-based access on tablets, mathematics tutorial portal, a comprehensive digital classroom solution for science and mathematics, and comprehensive student assessment and counseling solution for schools.
Indiavidual Learning Pvt. Ltd-The company provides Online classes, mock tests, and exams.
Indira Gandhi National Open University-It Offers Education broadcast, Virtual class, and eGyanKosh.
Info Edge (India) Ltd-The company offers a wide range of courses including math, Hindi, science, Sanskrit, English, and social science. The company presents its courses in explanatory videos, interactive activities, and study materials for grades I – XII in India.
To know about all major vendors with their key offerings – Click Here!
Competitive Analysis
The competitive scenario provided in the online education market in India report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Market Segmentation
By End-user, the market is classified into higher education and K-12
By Geography, the market is classified into content and services
Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the online education market size in India and actionable market insights on each segment.
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Online Tutoring Services Market in India –The online tutoring services market share in India is expected to increase by USD 14.76 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 15.96%. Download a free sample now!
Online Education Market In India Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 20%
Market growth 2021-2025
USD 2.28 billion
Market structure
Fragmented
YoY growth (%)
19.02
Regional analysis
India
Performing market contribution
India at 100%
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Dexler Education Pvt. Ltd., Educomp Solutions Ltd., Indiavidual Learning Pvt. Ltd., Indira Gandhi National Open University, Info Edge (India) Ltd., MPS Interactive Systems Ltd., Next Education India Pvt. Ltd., NIIT Ltd., SMU-DE, and Think & Learn Pvt. Ltd.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
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