Market Forecast By Component (Laptop, Mobile, Pc), By Software (Worldclass, Courseplay, Yuja), By Learning Type (Chat, Voice, Video And Live Streaming) And Competitive Landscape
Product Code: ETC433580 | Publication Date: Oct 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Online Education Market in India is growing at a rapid pace with the increasing penetration of internet and smartphones. The number of online learners in India is expected to grow at a rapid pace in the upcoming years. The online education market is highly competitive.
The online education market in India is still in its early stages, with a few key players dominating the space. With the increasing penetration of internet and mobile devices, online education has gained popularity in India. Online education platforms offer a flexible and convenient way for students to learn. These platforms provide access to a wide range of courses and training programs that can be accessed from anywhere at any time.
According to 6Wresearch, the India Online Education Market size is expected to grow during 2022-2028. One of the key trends driving the growth of online education in India is the increasing adoption of blended learning models, wherein students receive both online and offline instruction. This trend is being fueled by the growing popularity of Massive Open Online Courses (MOOCs) among Indian students. Another major trend driving the growth of online education in India is the increasing focus on personalized learning. Personalized learning refers to an educational approach that tailors instruction to meet the unique needs of each individual student. This approach is becoming increasingly popular in India as it helps students learn more effectively and achieve better outcomes.
With the COVID-19 pandemic, there has been a surge in the adoption of online education in India as traditional educational institutions have shifted their mode of delivery to online platforms. This gave boost to the Online Education Market in India during the pandemic. Due to the imposed lockdown in the pandemic, people were not supposed to go outside. Thus, Online Education Market in India evolved more during the pandemic. Governments and parents did not want to compromise with the education of children. Therefore, online mode of education obtained popularity. The idea of online education was there even before pandemic, but it was not for school going kids who pursue their academic courses. It was only applicable for students want to pursue professional courses.
On the basis of components, the market is segmented into Laptop, Mobile and Pc. Among these, the mobile segment dominated the market and is expected to remain the dominated segment even in the future. This is because everyone these days have a smartphone that they can use to attend online classes on different application.
On the basis of software, the market is segmented into Worldclass, Courseplay and Yuja. All these segments have been obtaining popularity in the India Online Education Industry which is an important part of Asia-Pacific Online Education Market.
On the basis of learning type, the market is segmented into Chat, Voice, Video and Live Streaming. Among these, video and live streaming segment dominated the market during the pandemic and expected to boost the market growth in the years to come.
The Online Education Market in India is growing at a rapid pace with the increasing penetration of internet and smartphones. The number of online learners in India is expected to grow. The Online Education Market in India is still in its early stages, with a few key players dominating the space. The leading player in the India Online Education Market is Byju’s, which was founded in 2011. Byju’s offers online tutoring for students from grades 4-12. Another leading player in the India online education market is Unacademy, which was founded in 2015. Unacademy offers online courses for competitive exams such as the IIT JEE, NEET, and UPSC exams. Other notable players in the India online education market include Coursera, edX, Udacity, and Skillshare. The competition scenario in the India Online Education Market is quite intense as all the key players are trying to capture a larger share of the market.
India Online Education Market is expected to grow during the forecast period, driven by the rising penetration of internet and smartphones, and the increasing awareness of online education among students and working professionals.
One of the key trends driving the growth of India Online Education Industry is the increasing adoption of blended learning models, wherein students receive both online and offline instruction. This trend is being fueled by the growing popularity of Massive Open Online Courses (MOOCs) among Indian students. MOOCs offer a flexible learning format that allows students to study at their own pace and schedule.
Another major trend driving the growth of online education in India is the increasing focus on personalized learning. Personalized learning refers to an educational approach that tailors instruction to meet the unique needs of each individual student. This approach is becoming increasingly popular in India as it helps students learn more effectively and achieve better outcomes.
The growing popularity of online education has also led to the emergence of new business models such as edtech startups and online tutoring platforms. These new players are redefining the landscape of Indian education with their innovative offerings and technologies. Some notable edtech startups operating in India include Byju's, Toppr, Unacademy, Vedantu, and Eruditus.
The report offers a comprehensive study of the subsequent market segments: