India Online Learning Market to grow at a promising rate During the Forecast Period
Higher accessibility to
smartphones and Affordability of online courses is expected to drive the growth
during the forecast period.
According
to TechSci Research report, “India
Online Learning Market
By Type (Academic, Corporate, Government), By Deployment Mode (On-Premise v/s
Cloud), By Vendor (Content Provider v/s Service Provider), By Learning Mode
(Self-paced v/s Instructor-led), By Learning Type (Synchronous v/s
Asynchronous), By Technology (Mobile E-learning, Learning Management System,
Application Simulation Tool, Rapid E-learning, Podcasts, Virtual Classroom), By
End User (Higher Education Institutions, K-12 Schools, Enterprises, Others), By
Company, By Region, By Top 10 States ,By Country, Forecast & Opportunities, FY2027”, the India Online Learning Market is expected to grow at an
impressive rate during the forecast period. Availability of internet, access to
smart phones is expected to fuel the market growth through FY2027. Also, there
is imbalance between availability of infrastructure for schools, colleges and
institutions and the rising population which is further creating the market for
the online learning platform. Alternative platform for learning and upscaling
skills for job opportunities and facility to get certifications is further
expected to boost the online learning market.
However, Distraction during online learning is a
common disadvantage therefore parents usually refrain children from spending
too much time online. Also, workshops and social networking cannot be done via
online learning platform. Doubt solving facility is absent sometimes, which
makes difficult for a learner to clear their doubts. Free online content is
also a threat to the online learning market.
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The India Online Learning market is segmented based on type, deployment mode, vendor, learning
mode, learning type, technology, end user, company, region, top 10 states. By
vendor, market can be bifurcated to content provider and service provider. Content
provider will dominate the market owing to the high-quality content and
customized learning experience by providing content according to needs of
high-end users. Based on learning type,
the market can be categorized into synchronous and asynchronous. Synchronous
segmentation consists of Chat, Voice, Video and Live Streaming.
Video and live streaming is going to play a major role in the online learning
market as it provides real time learning experience with lesser costs. Asynchronous
segmentation consists of Digital Curriculum Material, e-mail, Discussion Boards,
Social Networking. Government has also launched several initiatives for
digitization of education like e-pathshala which is making rural people aware
of the online learning platforms, DIKSHA, SWAYAM, Digital India, Virtual Labs,
e-Yantra, NPTEL and many more is helping users trust online learning platforms
thereby increasing the growth of the online learning market.
Since the on-set of COVID-19 lockdown has been imposed all over the
country and users are not able to go and attend the classes, so the alternative
to learn is online education and this is leading to tremendous growth of the
online learning platforms.
NIIT Limited, Aeon Learning
Private Limited, Coursera Inc., Duolingo Inc., Individual Learning Private
Limited, Simplilearn Solutions Private Limited, Sorting Hat Technologies
Private Limited, Think & Learn Private Limited, Udemy India L.L.P., upGrad
Education Private Limited, Medvarsity Online Limited and others. and others are some of the leading players operating
in India Online Learning market. Companies operating in the market are using
strategies such as joint ventures, product launches, mergers, and research collaborations
to boost their share and increase their geographic reach.
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“India Online Learning market is expected
to witness impressive growth during the forecast period as accessibility to
internet has grown exponentially and the rising awareness among end users will
boost the online learning market. Additionally, government launching of new
initiatives towards digitization for instance e-Basta, Digital India, Swayam,
Nptel and Mooc’s are creating a positive impact on online learning market.
Plethora of online courses with certifications and skill-based courses are
further expected to drive the growth of the India Online Learning Market” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based India
management consulting firm.
“India Online Learning Market By Type (Academic, Corporate,
Government), By Deployment Mode (On-Premise v/s Cloud), By Vendor (Content
Provider v/s Service Provider), By Learning Mode (Self-paced v/s
Instructor-led), By Learning Type (Synchronous v/s Asynchronous), By Technology
(Mobile E-learning, Learning Management System, Application Simulation Tool,
Rapid E-learning, Podcasts, Virtual Classroom), By End User (Higher Education
Institutions, K-12 Schools, Enterprises, Others), By Company, By Region, By Top
10 States ,By
Country, Forecast & Opportunities, FY2027”, has evaluated the future growth potential of India Online
Learning market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in India Online Learning market.
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