Online Education Market Size In India

Ticket size fundings except for a few. E learning market size surpassed usd 200 billion in 2019 and is anticipated to grow at over 8 cagr between 2020 and 2026 the advent of several new technologies such as cloud computing and ai coupled with increasing internet penetration across the globe will drive the market growth. The online education market in india research report provides market segmentation by product services and content by end user k 12 and.

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Online Education Market Global Forecast By End User Learning

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The global online education market is expected to grow at approx.

Online education market size in india. Improvement in internet connectivity and digitization are facilitating the growth of the online education market in india. Key drivers of e learning growth in india. In fact india s e learning market is the second largest after the us which is forecasted to grow by 15 64 percent and exceed 48 billion by 2020. Growth in internet and smartphone penetration.

Indian online education market online education or e learning refers to a learning system based primarily on formalised teaching with the help of electronic resources such as computers and internet services. According to the latest market report from technavio the online education market size in india is set to grow by usd 14 33 billion during 2020 2024. The online education market in india was valued at inr 39 billion in 2018 and is expected to reach inr 360 3 billion by 2024 expanding at a cagr of 43 85 during the 2019 2024 period. The online education in india is evolving at a swift pace owing to the following factors.

The significant adoption of latest technologies and methods the indian online education market size is expected to grow in leaps and bounds. Online education market in india to touch 1 96 bn by 2021 decoding the impact on edtech startups. The report gives a comprehensive overview of the current trends and challenges in various segments of online education and projects the market to grow around 9 times to hit usd 1 96 billion by 2021 the report covers the different kinds of users consuming content online their reasons to choose the online channel consumption and payment preferences and factors driving acquisition and retention. Market snapshot the global online education market is expected to expand at a 28 55 cagr during the forecast period 2017 2023 online education is an electronically supported learning system which relies on the internet for interaction and distribution of course material between students and teachers.

Online education market in india. Usd 423 billion by 2023 at 24 of cagr between 2017 and 2023.