Online Education Market in India 2023-2027
Technavio has been monitoring the online education market in India and is forecast to grow by $3,461.93 mn during 2022-2027, accelerating at a CAGR of 19.9% during the forecast period. Our report on the online education market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by skill development and employment, government initiatives toward digitization in education, and rapid penetration of internet-enabled devices.
Technavio's online education market in India is segmented as below:
By End-user
By Product
This study identifies the emergence of cloud computing as one of the prime reasons driving the online education market growth during the next few years. Also, growing investment in online education and inclusion of gamification to drive engagement levels will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the online education market in India covers the following areas:
- Online education market sizing
- Online education market forecast
- Online education market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online education market vendors that include Aeon Learning Pvt. Ltd., AnalytixLabs, Coursera Inc., Educomp Solutions Ltd., Excelsoft Technologies Pvt Ltd., Indira Gandhi National Open University, Intellipaat Software Solutions Pvt. Ltd., Jigsaw Academy, Khan Academy Inc., MPS Ltd., NextEducation India Pvt. Ltd., NIIT Ltd., Reliance Industries Ltd., Simplilearn Solutions Pvt. Ltd., SMU DE, Think and Learn Pvt. Ltd., Udemy Inc, upGrad Education Pvt. Ltd., Vedantu Innovations Pvt. Ltd., Zeus Systems Pvt. Ltd., and Sorting Hat Technologies Pvt. Ltd. Also, the online education market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.