USD 2.31 Bn growth opportunity in Professional Online Courses Market in India | Increase in internet-based businesses to accelerate growth | Technavio – PR Newswire

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NEW YORK, March 8, 2022 /PRNewswire/ — The professional online courses market size in India is set to grow by USD 2.31 billion between 2021 and 2026, expanding at a CAGR of 15.78% during the forecast period. Technavio expects the market to have a YOY growth rate of 14.78% in 2022. The report provides a comprehensive analysis of recent developments, new product launches, major revenue-generating segments, and market behavior across geographies.
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The market is fragmented due to the presence of many players occupying the competitive landscape. With the growing number of new players, the competition in the market is expected to intensify over the forecast period. In order to expand their presence and survive in the market, several vendors are considering adopting inorganic growth strategies such as M&As.
AnalytixLabs, Cisco Systems Inc., Dexler Education Pvt. Ltd., Educomp Solutions Ltd., Jigsaw Academy, LinkedIn Corp., Manipal Academy of Higher Education, NIIT Ltd., Simplilearn Solutions Pvt. Ltd., and Udemy Inc. are some of the dominant market participants.
The increase in internet-based businesses will create significant growth opportunities for market players during the forecast period. The increasing adoption of smart devices and the rapid penetration of the internet has led many vendors in the market to take their business online. Vendors are also making huge investments in content marketing and social media marketing techniques to offer cost-effective professional online courses. Video advertisements are also gaining traction in digital marketing campaigns adopted by these companies. These factors are increasing the sales of online professional courses, thereby driving the growth of the market.
Also, the increasing need for skill development and the prevalent web-conferencing solutions will offer immense growth opportunities. However, the lack of credible and quality courses will challenge the growth of the market. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Professional Online Courses Market in India 2022-2026: Segmentation
Professional Online Courses Market in India is segmented as below:
By product, the technical courses segment generated maximum revenue in the market in 2021. The increasing job opportunities present in the IT sector in India are encouraging students to take related courses to enhance their competitiveness. Also, the increasing number of graduates in the fields of engineering, technology, management, BFSI, and architecture has been driving the growth of the segment.
Similarly, based on the end-users, the individual learners segment will hold the largest share of the market. The increasing demand for technical courses in the fields of ITeS and BFSI has been crucial in driving the growth of the segment. Besides, the benefits offered by professional online courses such as flexible learning environments, quick and objective assessments, and the extent of personalized attention are driving the growth of the segment.
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Professional Online Courses Market in India 2022-2026: Key Highlights
Related Reports:
Online Language Learning Market in US by Product and End-user – Forecast and Analysis 2022-2026
Online Tutoring Services Market in India by End-user and Courses – Forecast and Analysis 2021-2025
Professional Online Courses Market in India: Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 15.78%
Market growth 2022-2026
USD 2.31 billion
Market structure
Fragmented
YoY growth (%)
14.78
Regional analysis
India
Performing market contribution
India at 100%
Key consumer countries
India
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
AnalytixLabs, Cisco Systems Inc., Dexler Education Pvt. Ltd., Educomp Solutions Ltd., Jigsaw Academy, LinkedIn Corp., Manipal Academy of Higher Education, NIIT Ltd., Simplilearn Solutions Pvt. Ltd., and Udemy Inc.
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 the 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.
Table Of Contents :
1. Executive Summary                         
               1.1     Market Overview            
                              Exhibit 01:  Key Finding 1
                              Exhibit 02:  Key Finding 2
                              Exhibit 03:  Key Finding 5
                              Exhibit 04:  Key Finding 6
                              Exhibit 05:  Key Finding 7
2. Market Landscape
               2.1 Market ecosystem             
                              Exhibit 06  Parent market
                              Exhibit 07:  Market characteristics
               2.2 Value Chain Analysis          
                              Exhibit 08:  Value Chain Analysis: Education services
                              2.2.1    Inputs
                              2.2.2    Operations
                              2.2.3    Marketing and sales
                              2.2.4    Support activities
                              2.2.5    Innovations
3. Market Sizing                      
               3.1 Market definition
                              Exhibit 09:  Offerings of vendors included in the market definition
               3.2 Market segment analysis  
                              Exhibit 10:  Market segments
               3.3 Market size 2021 
               3.4 Market outlook: Forecast for 2021 – 2026 
                              Exhibit 11:  Global – Market size and forecast 2021 – 2026 ($ million)
                              Exhibit 12:  Global market: Year-over-year growth 2021 – 2026 (%)
4. Five Forces Analysis                         
               4.1 Five Forces Summary         
                              Exhibit 13:  Five forces analysis 2021 – 2026
               4.2 Bargaining power of buyers            
                              Exhibit 14: Bargaining power of the buyer
               4.3 Bargaining power of suppliers        
                              Exhibit 15: Bargaining power of the supplier
               4.4 Threat of new entrants     
                              Exhibit 16: Threat of new entrants
               4.5 Threat of substitutes          
                              Exhibit 17: Threat of substitutes
               4.6 Threat of rivalry   
                              Exhibit 18: Threat of rivalry
               4.7 Market condition 
                              Exhibit 19: Market condition – Five forces 2021
5. Market Segmentation by Product
               5.1 Market segments
                               Exhibit 20:  Product – Market share 2021-2026 (%)
               5.2 Comparison by Product    
                              Exhibit 21:  Comparison by Product
               5.3 Technical courses – Market size and forecast 2021-2026     
                              Exhibit 22:  Technical courses – Market size and forecast 2021-2026 ($ million)
                              Exhibit 23:  Technical courses – Year-over-year growth 2021-2026 (%)
               5.4 Non-technical courses – Market size and forecast 2021-2026           
                              Exhibit 24:  Non-technical courses – Market size and forecast 2021-2026 ($ million)
                              Exhibit 25:  Non-technical courses – Year-over-year growth 2021-2026 (%)
               5.5 Market opportunity by Product     
                              Exhibit 26:  Market opportunity by Product
6 Market Segmentation by End-user
               6.1 Market segments
                              Exhibit 27:  End-user – Market share 2021-2026 (%)
               6.2 Comparison by End User  
                              Exhibit 28:  Comparison by End-user
               6.3 Individual learners – Market size and forecast 2021-2026   
                              Exhibit 29:  Individual learners – Market size and forecast 2021-2026 ($ million)
                              Exhibit 30:  Individual learners – Year-over-year growth 2021-2026 (%)
               6.4 Organizational learners – Market size and forecast 2021-2026         
                              Exhibit 31:  Organizational learners – Market size and forecast 2021-2026 ($ million)
                              Exhibit 32:  Organizational learners – Year-over-year growth 2021-2026 (%)
               6.5 Institutional learners – Market size and forecast 2021-2026              
                              Exhibit 33:  Institutional learners – Market size and forecast 2021-2026 ($ million)
                              Exhibit 34:  Institutional learners – Year-over-year growth 2021-2026 (%)
               6.6 Market opportunity by End-user   
                              Exhibit 35:  Market opportunity by End-user
7. Customer landscape                        
                              Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
               7.1 Overview
                              Exhibit 36:  Customer landscape
8. Drivers, Challenges, and Trends                  
               8.1 Market drivers      
                              8.1.1    Increase in internet-based businesses
                              8.1.2    Need for skill development
                              8.1.3    Prevalent web-conferencing solutions
               8.2 Market challenges              
                              8.2.1    Security and privacy of learners
                              8.2.2    Open educational resources
                              8.2.3    Lack of credible and quality courses
                              Exhibit 37:  Impact of drivers and challenges
               8.3 Market trends      
                              8.3.1    Greater collaboration with universities and corporates
                              8.3.2    Presence of course aggregators
                              8.3.3    Rise in cloud-based platform
9. Vendor Landscape                            
               9.1 Overview
                              Exhibit 38:  Vendor landscape
               9.2 Landscape disruption         
                              Exhibit 39:  Landscape disruption
                              Exhibit 40: Industry Risk
               9.3 Competitive Scenario        
10. Vendor Analysis               
               10.1 Vendors covered              
                              Exhibit 41: Vendors covered
               10.2 Market positioning of vendors    
                              Exhibit 42: Market positioning of vendors
               10.3   AnalytixLabs      
                              Exhibit 43:  AnalytixLabs – Overview
                              Exhibit 44:  AnalytixLabs – Product and service
                              Exhibit 45:  AnalytixLabs – Key offerings
               10.4   Cisco Systems Inc.          
                              Exhibit 46:  Cisco Systems Inc. – Overview
                              Exhibit 47:  Cisco Systems Inc. – Business segments
                              Exhibit 48:  Cisco Systems Inc. – Key offerings
                              Exhibit 49:  Cisco Systems Inc. – Segment focus
               10.5   Dexler Education Pvt. Ltd.           
                              Exhibit 50:  Dexler Education Pvt. Ltd. – Overview
                              Exhibit 51:  Dexler Education Pvt. Ltd. – Product and service
                              Exhibit 52:  Dexler Education Pvt. Ltd. – Key offerings
               10.6   Educomp Solutions Ltd.
                              Exhibit 53:  Educomp Solutions Ltd. – Overview
                              Exhibit 54:  Educomp Solutions Ltd. – Product and service
                              Exhibit 55:  Educomp Solutions Ltd. – Key offerings
               10.7   Jigsaw Academy              
                              Exhibit 56:  Jigsaw Academy – Overview
                              Exhibit 57:  Jigsaw Academy – Product and service
                              Exhibit 58:  Jigsaw Academy – Key offerings
               10.8   LinkedIn Corp.  
                              Exhibit 59:  LinkedIn Corp. – Overview
                              Exhibit 60:  LinkedIn Corp. – Product and service
                              Exhibit 61:  LinkedIn Corp. – Key offerings
               10.9   Manipal Academy of Higher Education   
                              Exhibit 62:  Manipal Academy of Higher Education – Overview
                              Exhibit 63:  Manipal Academy of Higher Education – Product and service
                              Exhibit 64:  Manipal Academy of Higher Education – Key offerings
               10.10 NIIT Ltd.
                              Exhibit 65:  NIIT Ltd. – Overview
                              Exhibit 66:  NIIT Ltd. – Business segments
                              Exhibit 67:  NIIT Ltd. – Key offerings
                              Exhibit 68:  NIIT Ltd. – Segment focus
               10.11 Simplilearn Solutions Pvt. Ltd.   
                              Exhibit 69:  Simplilearn Solutions Pvt. Ltd. – Overview
                              Exhibit 70:  Simplilearn Solutions Pvt. Ltd. – Product and service
                              Exhibit 71:  Simplilearn Solutions Pvt. Ltd. – Key offerings
               10.12 Udemy Inc.       
                              Exhibit 72:  Udemy Inc. – Overview
                              Exhibit 73:  Udemy Inc. – Product and service
                              Exhibit 74:  Udemy Inc. – Key offerings
11. Appendix                           
               11.1 Scope of the report         
                              11.1.1 Market definition
                              11.1.2 Objectives
                              11.1.3 Notes and caveats
               11.2 Currency conversion rates for US$            
                              Exhibit 75: Currency conversion rates for US$
               11.3 Research Methodology   
                              Exhibit 76: Research Methodology
                              Exhibit 77: Validation techniques employed for market sizing
                              Exhibit 78: Information sources
               11.4 List of abbreviations        
                              Exhibit 79: List of abbreviations
                             
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.
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