India E-Learning Market 2029 By Size, Share, Trends, Growth, Forecast

Summary

Report Description

India E-Learning Market is growing owing to the increasing adoption of smart phones and internet penetration, which has led to an increasing focus on E-Learning to overcome the need for illiteracy in rural areas. In addition, technological advancement such as instalment of 5G infrastructure for faster internet connectivity and growth in smartphones penetration in tier 2-3 cities has further boosted the demand for E-Learning. Moverover, the advent of cloud for the enhancement of IT systems has proliferated the demand to integrate cloud-based applications and services for various organizational products in the market. Government policies and measures such as Make in India initiative, digital India and SWAYAM are further increasing the demand for E-Learning platforms in the country. The growing number of children and young adults has increased the demand for e-learning contents. Furthermore, the cost expenditure in online education is less in comparison to traditional programs, therefore low income and middle-income class customers rely more on E-Learning platforms. The market is anticipated to be driven by the cloud infrastructure, open content creation and ease to access, which enables educational institutions to progress towards digital transformation.,. Additionally, the emergence of the gamification, animation in the K12 sector for learning and rising demand from working professionals due to the flexibility of time all help in imposing a positive outlook and are promoting the development of the E-Learning market of India throughout the forecast period.

Training is almost universally a requirement for nearly every industry and profession. E-Learning has become an essential element of learning that is aided by digital technology or instructional strategies that effectively utilize digital technology. E-Learning is a technique or method of learning which involves technology and digital devices. This is a new and broad technical sphere which aids students in attaining knowledge and gaining information from any corner across the country. Mission digital has empowered various sections of Indian society and education is one of them. The E-Learning occurs across all learning areas and domains that have witnessed significant growth in the last few years. Moreover, it is the application of sophisticated digital technology for teaching and learning in both official and informal educational settings within a community.

In addition, use of electronic devices, such as tablets, mobiles can help improve education in various ways, such as making it easier for instructors to generate instructional materials and providing new methods for people to learn and collaborate. Moreover, E-Learning fosters creativity and gives students a sense of success, encouraging additional learning by thinking outside traditional techniques. E-Learning is gaining popularity as businesses are facilitating electronic services and digital technology applications in education to improve teaching productivity, create virtual classroom, promote distance learning, aid in building knowledge and understanding skills and transform the innovative way of learning. Numerous benefits of E-Learning include personalized learning, gamification, self-directed learning, blended learning, and improved digital literacy. Furthermore, the proliferation of various E-Learning platforms across the globe is enabling remote organizations and individuals to access a complete library of online resources.

Increasing Demand from the Healthcare Sector

The Indian healthcare systems are overburdened. The sector is experiencing additional strain due to aging population and a worldwide pandemic, which has fueled the demand for more adaptable training programs to address the skills gap and cross-train staff. The incorporation of e-learning into medical education has spurred a move towards the application of adult learning theory, where educators are playing a critical role as facilitators of learning and competency evaluators rather than only as information providers. As far as concerned with time, space and money, face-to-face training in healthcare and pharmaceutical training has become quite challenging for many enterprises and health professionals. E-learning on the contrary is helping healthcare employees in training to upgrade their professional skills and deliver accessible training to even the most remote locations. Moreover, the e-learning platforms are offering various postgraduate degrees helping them to gain knowledge through distance learning programs. In addition, besides core medical training, e-learning can be used to train doctors and healthcare personnel in the use of new medical equipment while minimizing risk to patients and staff and providing care effectively and efficiently. Further, many independent associations, international organizations, and nonprofit organizations (NGOs) have increasingly adopted e-learning with an aim to raise public awareness on health issues. E-learning has been an important pillar in all the recently announced E-health initiatives (eHI) and projects. Therefore, increasing demand from the healthcare sector is expected to grow the adoption of E-Learning in the Indian market.

Increasing Government Initiatives Driving the Market Growth

Online education in India has witnessed an enhanced acceptance over the past few years. The continuous growth in technology development has become a cornerstone of national education policy. Government of India has started adopting E-Learning as a key solution for an effective education to the young generation. In addition, the government of India’s multidimensional steps towards strengthening digital infrastructure, providing internet connectivity to the remotest areas, designing online education programs, and various other initiatives are impacting E-Learning drive in a big way. The prominent initiatives such as Digital Infrastructure for Knowledge Sharing (DIKSHA), e-PG Pathshala, National Digital Education Architecture (NDEAR), e-ShodhSindhu are aiding students and teachers to support activities related to education planning and promote & strengthen E-Learning in India. The government under the Ministry of Education and UGC is also focusing on upskilling and making students industry-ready through free e-Learning platforms such as NPTEL and e-Gyankosh digital learning resources. Moreover, government associations are working upon the concept of learning by all, with all, and for all under the framework to adapt the enhanced learning experience for the students. Under this framework the government of India has initiated several programs and E-Learning guidelines with standards to address E-Learning. The support has proliferated with the launch of several E-Learning solutions, platforms and offered an innovative technique to make learning experience more enhanced. Furthermore, the new education policy includes provisions for expanding into online degrees and blended learning, and the regulatory framework has been giving the education industry considerable tailwinds and motivation. Thus, increasing government initiatives are driving the growth of India E-Learning market in the forecast period.

Rising Investment in EdTech Companies is Propelling Market Growth

EdTech has certainly emerged as one of the mainstays of the post-pandemic economy for investors and practitioners alike. Many Indian EdTech enterprises are integrating the digital technologies and devices into their education program. India has a huge young population, with 250 million school-going students, which are more than any other country. Therefore. the growth potential and increased adoption has attracted more investment in education technology and e-learning platforms. In addition, 100% foreign direct investment (FDI) automatic route is allowed in the education sector in India, enabling many foreign investors in investing heavily in e-learning startups and educational enterprises in India. For instance, according to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), Foreign Direct Investment (FDI) equity inflows from April 2020 to June 2022 had stood around USD7.92 billion.

India is an ideal destination to invest in the online education business. Additionally, for the year 2022-2023 the Union Budget 2023 had set aside USD13.5 billion for education. The growing investment in the education system has resulted in the development of highly qualified institutions and resulted in the launch of several online programs. In November 2022, the Indira Gandhi National Open University (IGNOU) launched an online MA program in sustainability science. A total of 100 Indian institutions have been qualified for the Times Higher Education World University Rankings 2023. This investment has resulted in a steep growth of the sector and has increased the success rate of EdTech start-ups. Several funding by the enterprises such as raise of USD 250 million by Byju’s in October 2022 through new funding and Edtech startup Sunstone acceptance of USD 35 million in funding for Edtech startup led by WestBridge Capital etc. are enabling ed-tech enterprise to adopt several enhancements in the products. Furthermore, huge investment has provided an edge to launch several E-Learning platforms with the entrance in the space of Metaverse education and courses for interactive sessions.

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Market Segmentation

Based on delivery mode, the market is segmented into packaged content, learning management software (LMS), and others. Based on learning mode, the market is segmented into self-paced, instructor-led. Based on function type, the market is segmented into training and testing. Based on end user, the market is further split into K-12, higher education, corporates, government, vocational.

Market Players

Major market players in the India E-Learning market are Toppr Technologies Private Limited, Think and Learn Private Limited (BYJU'S), Gradestack Learning Private Limited, NIIT Limited, Coursera Inc., Udemy India LLP, Simplilearn Solutions Private Limited, Brain4ce Education Solutions Pvt. Ltd. (Edureka), Sorting Hat Technologies Private Limited (Unacademy), Class 21a Technologies Private Limited and many more.

Attribute	Details
Base Year	2023
Historic Data	2019 – 2022
Estimated Year	2024
Forecast Period	2025 – 2029
Quantitative Units	Revenue in USD Million and CAGR for 2019-2023 and 2024-2029
Report coverage	Revenue forecast, company share, growth factors, and trends
Segments covered	By Delivery Mode By Learning Mode By Function Type By End User

Region scope	East, West, North and South
Key companies profiled	Toppr Technologies Private Limited, Think and Learn Private Limited (BYJU'S), Gradestack Learning Private Limited, NIIT Limited, Coursera Inc., Udemy India LLP, Simplilearn Solutions Private Limited, Brain4ce Education Solutions Pvt. Ltd. (Edureka), Sorting Hat Technologies Private Limited (Unacademy), Class 21a Technologies Private Limited.
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the India E-Learning market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

India E-Learning Market, By Delivery Mode:

o Packaged Content

o Learning Management Software (LMS)

o Others

India E-Learning Market, By Learning Mode:

o Self-paced

o Instructor-led

India E-Learning Market, By Function Type:

o Training

o Testing

India E-Learning Market, By End User:

o K-12

o Higher Education

o Corporates

o Government

o Vocational

India E-Learning Market, By Region:

o East

o West

o North

o South

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India E-Learning market.

Available Customizations:

India E-Learning market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

India E-Learning market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Service Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

3. Executive Summary

4. Voice of Customers

4.1. Brand Awareness

4.2. Factors Considered while Considering Service Providers

4.3. Major Challenges Faced

4.4. Key Satisfaction Level

5. India E-Learning Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Delivery Mode (Packaged Content, Learning Management Software (LMS), Others)

5.2.2. By Learning Mode (Self-paced, Instructor-led)

5.2.3. By Function Type (Training, Testing)

5.2.4. By End User (K-12, Higher Education, Corporates, Government, Vocational)

5.2.5. By Region (East, West, North, South)

5.2.6. By Company (2022)

5.3. Market Map

6. East India E-Learning Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Delivery Mode

6.2.2. By Learning Mode

6.2.3. By Function Type

6.2.4. By End User

7. West India E-Learning Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Delivery Mode

7.2.2. By Learning Mode

7.2.3. By Function Type

7.2.4. By End User

8. North India E-Learning Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Delivery Mode

8.2.2. By Learning Mode

8.2.3. By Function Type

8.2.4. By End User

9. South India E-Learning Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Delivery Mode

9.2.2. By Learning Mode

9.2.3. By Function Type

9.2.4. By End User

10. Market Dynamics

10.1. Drivers

10.1.1. Increasing Demand from the Healthcare Sector

10.1.2. Increasing Government Initiatives Driving the Market Growth

10.1.3. Rising Investment in EdTech Companies are Propelling Growth

10.2. Challenges

10.2.1. Limited Content Availability

10.2.2. Lack of Direct Monitoring and One-on-One Interaction

11. Market Trends & Developments

11.1. Growing merger & acquisitions

11.2. Adoption of IoT for E-Learning in Higher Educational Institutions

11.3. Increasing Smartphone Penetration Across the India to Drive Technological Adoption

11.4. Learning Management Systems (LMS) Switching to Cloud-Based Systems Driving the Market Growth

12. Mergers & Acquisitions/ Recent Development

13. Policy & Regulatory Framework

14. Company Profiles

14.1. Toppr Technologies Private Limited

14.1.1. Business Overview

14.1.2. Key Revenue and Financials (If Available)

14.1.3. Recent Developments

14.1.4. Key Personnel

14.1.5. Key Product/Services

14.2. Think and Learn Private Limited (BYJU'S)

14.2.1. Business Overview

14.2.2. Key Revenue and Financials (If Available)

14.2.3. Recent Developments

14.2.4. Key Personnel

14.2.5. Key Product/Services

14.3. Gradestack Learning Private Limited

14.3.1. Business Overview

14.3.2. Key Revenue and Financials (If Available)

14.3.3. Recent Developments

14.3.4. Key Personnel

14.3.5. Key Product/Services

14.4. NIIT Limited

14.4.1. Business Overview

14.4.2. Key Revenue and Financials (If Available)

14.4.3. Recent Developments

14.4.4. Key Personnel

14.4.5. Key Product/Services

14.5. Coursera Inc.

14.5.1. Business Overview

14.5.2. Key Revenue and Financials (If Available)

14.5.3. Recent Developments

14.5.4. Key Personnel

14.5.5. Key Product/Services

14.6. Udemy India LLP

14.6.1. Business Overview

14.6.2. Key Revenue and Financials (If Available)

14.6.3. Recent Developments

14.6.4. Key Personnel

14.6.5. Key Product/Services

14.7. Simplilearn Solutions Private Limited

14.7.1. Business Overview

14.7.2. Key Revenue and Financials (If Available)

14.7.3. Recent Developments

14.7.4. Key Personnel

14.7.5. Key Product/Services

14.8. Brain4ce Education Solutions Pvt. Ltd. (Edureka)

14.8.1. Business Overview

14.8.2. Key Revenue and Financials (If Available)

14.8.3. Recent Developments

14.8.4. Key Personnel

14.8.5. Key Product/Services

14.9. Sorting Hat Technologies Private Limited (Unacademy)

14.9.1. Business Overview

14.9.2. Key Revenue and Financials (If Available)

14.9.3. Recent Developments

14.9.4. Key Personnel

14.9.5. Key Product/Services

14.10. Class 21a Technologies Private Limited

14.10.1. Business Overview

14.10.2. Key Revenue and Financials (If Available)

14.10.3. Recent Developments

14.10.4. Key Personnel

14.10.5. Key Product/Services

15. Strategic Recommendations

15.1. Dominating Market by Delivery Mode

15.2. Fastest Growing Market by End User

15.3. Dominating Market by Region

16. About Us & Disclaimer

(Note: The companies list can be customized based on the client requirements.)

The data given for any year represents the market during the period, i.e, 1^st April of the former year to 31^st March of the latter year. Eg: For FY2024E, the data represents the period, from 1^ST April 2023 to 31^st March 2024.

Figures and Tables

Frequently asked questions

What is E-Learning?

E-Learning or electronic learning is referred to the technology enhanced learning or method of delivering education and training materials via electronic media. The E-Learning is a technique or method of learning which involves technology and digital devices.

Which is the dominating region in the India E-Learning market?

North is the dominating region in the India E-Learning market due to the presence of various established educational institutions and government initiatives in the rural region for providing education digitally or through e-learning platforms.

What are the factors driving the India E-Learning market?

The rising investment in EdTech companies, increasing government initiatives and increasing demand from the healthcare sector are expected to be the main drivers for the growth of the India E-Learning Market during the forecast period.

Which are the main market players in the India E-Learning market?

Toppr Technologies Private Limited, Think and Learn Private Limited (BYJU'S), Gradestack Learning Private Limited, NIIT Limited, Coursera Inc., Udemy India LLP, Simplilearn Solutions Private Limited, Brain4ce Education Solutions Pvt. Ltd. (Edureka), Sorting Hat Technologies Private Limited (Unacademy), Class 21a Technologies Private Limited among others.

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Sakshi Bajaal

Business Consultant

Talk To Analyst

Press Release

India E-Learning Market is expected to register a steady CAGR during the forecast period

Aug, 2023

Rising Investment in EdTech companies is expected to propel the India E-Learning Market.

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