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DUBLIN, February 14, 2022–(BUSINESS WIRE)–The “India Online Education Market 2021” report has been added to from ResearchAndMarkets.com offer.
In the wake of the pandemic, more than 500 million students have been affected due to the intermittent closure of schools and universities.
Technological innovations have disrupted the traditional education system. Online learning platforms have grown rapidly in all segments of education – primary, secondary, higher education, test preparation and casual learning. The online education market is highly fragmented. A few niche players operate in the different segments and start-ups with innovative offers are gradually gaining ground.
Market overview:
Over the past decade, advancements in technology have improved online education. These include the application of information and communications technology (ICT) in classrooms and the use of cloud-based platforms, virtual reality (VR) and augmented reality (AR). In 2020, the online education market was valued at INR 91.41 billion. It is expected to reach INR 325.48 billion by 2026, growing at a compound annual growth rate (CAGR) of around 17.19% during the period 2021-2026.
Impact of COVID-19:
Physical classes have been suspended for over a year following the onslaught of COVID-19. Schools, colleges and educational institutions have embraced online courses due to the implementation of the national lockdown and fear of COVID-19. Universities and colleges are shifting to a blended learning model, offering both face-to-face and online training.
Modern methods of achieving and assessing learning goals are being integrated into the education system, creating the possibility for meaningful educational research and epistemological change.
Government initiatives:
The government has played a key role in ensuring the smooth running of online courses. Some of the major initiatives undertaken by the government are the National Digital Educational Architecture (NDEAR), the PM eVIDYA programme, the National Initiative for the Holistic Advancement of School Leaders and Teachers (NISHTHA) and the “ShaGun” portal. .
Market factors:
Over the years, the availability of cheap smartphones has led to an increase in the demand for internet services. This has boosted the demand for online content, including educational materials, in both rural and urban areas. There has been a growing demand for industry-relevant training courses. People view e-learning as an inexpensive substitute for traditional learning.
Major deterrents to market growth:
Indians are familiar and comfortable with the traditional face-to-face mode of learning, which hinders the adoption of e-learning. Online channels fail to replicate some aspects of offline channels, such as peer interaction, group learning, feedback, and soft skills development. There is a lack of formal recognition as well as an inadequate digital infrastructure across the country.
Companies covered:
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NIIT Limited
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Edukart Education Private Limited
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Individual Limited Private Learning
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Sorting Hat Technologies Private Limited
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Think and Learn Private Limited
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UpGrad Education Private Limited
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Vedantu Innovations Private Limited
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Coursera Inc.
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Simplilearn Solutions Private Limited
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Udemy India LLP
Main topics covered:
Chapter 1: Executive Summary
Chapter 2: Socio-economic indicators
Chapter 3: Overview
3.1. Market definition and structure
3.2. The online education ecosystem
3.2.1. Online education business model
3.2.2. Revenue model
Chapter 4: Online Education Market in India – An Overview
4.1. Online Education Market in India – An Overview
4.1.1. Market Size and Growth Forecast (2019 – 2026E)
Chapter 5: India Online Education Market Segmentation
5.1. Segmentation of online education market in India
5.1.1. Online education market share in India based on category
5.1.2. Online Primary and Secondary Further Education – Market Size and Growth Forecast (2019 – 2026E)
5.1.3 Online Test Preparation – Market Size and Growth Forecast (2019 – 2026E)
5.1.4. Online Requalification and Certification – Market Size and Growth Forecast (2019 – 2026E)
5.1.5. Online Higher Education – Market Size and Growth Forecast (2019 – 2026E)
5.1.6. Online Language and Casual Learning – Market Size and Growth Forecast (2019 – 2026E)
Chapter 6: COVID-19 Impact Analysis
6.1. Impact of COVID-19
Chapter 7: Technology Landscape
7.1. Market trends
7.2. Technological landscape
Chapter 8: Government Initiatives
8.1. National Educational Digital Architecture (NDEAR)
8.2. eVIDYA PM Program
8.3. NISHTHA
8.4. Portal “ShaGun”
Chapter 9: Market Influencers
9.1. Market factors
9.2. Market challenges
Chapter 10: Competitive Landscape
10.1. NIIT Limited
10.2. Edukart Education Private Limited
10.3. Individual Limited Private Learning
10.4. Sorting Hat Technologies Private Limited
10.5. Think and Learn Private Limited
10.6. UpGrad Education Private Limited
10.7. Vedantu Innovations Private Limited
10.8. Coursera Inc.
10.9. Simplilearn Solutions Private Limited
10.10. Udemy India LLP
Chapter 11: Investment Scenario
11.1 Investment Scenario
Chapter 12: Website Benchmarking
12.1 Website Benchmarking
Chapter 13: Recent Developments
13.1. RECENT DEVELOPMENTS
Chapter 14: Appendix
For more information on this report, visit https://www.researchandmarkets.com/r/cuch4w
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220214005544/en/
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