Edison, NJ -- (SBWIRE) -- 06/11/2020 -- A new research document is added in HTF MI database of 73 pages, titled as 'Online Education Market in India 2019' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like North America, Asia-Pacific, Europe, South America, Middle East & Africa and important players/vendors such as NIIT Limited, Aeon Learning Private Limited, Coursera Inc., Duolingo etc. The Study will help you gain market insights, upcoming trends and influencing growth prospects for forecast period of 2019-2025.
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Summary
Online education is a flexible learning method that offers teachings by means of the Internet, which contains web-based courses, e-learning (electronic learning), m-learning (mobile learning), and computer-supported distance education. This type of education is delivered through various ways which include massive open online courses (MOOCs), online courses, hybrid or blended courses, and certification courses.
With the increasing adoption of the Internet and rise in awareness about e-learning, the online education industry is expected to witness promising growth during the forecast period.
Market insights:
The online education market in India was valued at INR 39 Bn in 2018 and is expected to reach INR 360.30 Bn by 2024, expanding at a CAGR of ~43.85% during the 2019-2024 period. Ease of learning, flexibility, and a wide range of study materials have influenced the overall growth of the industry. However, the lack of formal recognition and accreditation, and abundance of freely available content presents a critical threat to the growth of the sector. The industry is moving towards the adoption of innovative technologies like Artificial intelligence (AI) and machine learning (ML), Big Data Analytics, Blockchain and others to improve the learning experience.
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Key market trends:
Gamification is one of the most prevalent trends among online education providers to encourage learning through immersive experiences. Simulation of concepts, level advancement badges and incentive-based learning are driving user engagement on online education platforms. Online learning players, nowadays, are continuously competing to offer differentiated products to the target audience, mostly by offering value-added services with regular courses. Value-added services like internships, live projects, group discussions, and career counselling sessions, offered along with regular courses enhance users' experiences.
Competition analysis:
The Indian online education market is highly fragmented with around 3,500 edtech start-ups operating in the country. Many foreign players are entering the Indian online education industry. BYJU's, Udemy, Coursera and Duolingo are a few prominent players in the industry, catering to the requirements of different target audiences.
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Companies covered:
NIIT Limited, Aeon Learning Private Limited, Coursera Inc., Duolingo Inc., Individual Learning Private Limited, Simplilearn Solutions Private Limited, Sorting Hat Technologies Private Limited , Think and Learn Private Limited, Udemy India LLP, upGrad Education Private Limited
Chapter 1: Executive summary
Chapter 2: Socio-economic indicators
Chapter 3: Introduction
3.1. Market definition and structure
3.2. The online education ecosystem
3.3. Stages of development
Chapter 4: Market overview
4.1. Online education market in India – overview
4.1.1. Historical market size
4.1.2. Forecast market size
Chapter 5: Market segmentation
5.1. Online education market segmentation
5.1.1. India online
....Continued
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