Online Education Market in India 2018
LONDON–(BUSINESS WIRE)–Technavio analysts forecast the net training marketplace in India to develop at a CAGR of over 20% in the course of the forecast period, in line with their ultra-modern marketplace studies report.
The popularity of huge facts and gaining knowledge of analytics is one of the principal developments witnessed inside the online education marketplace in India 2018-2022.
Big statistics analytics is gaining essential traction within the discipline of online schooling as a large amount of information may be used to improve the overall layout and structure of the web schooling device. The growing popularity of data analytics allows online learning direction companies to gauge the beginners’ performance, screw-ups, and successes to accentuate and spotlight the benefits of online education efficiently. Thus, such factors are expected to boost market growth during the forecast length.
According to Technavio analysts, one of the key factors contributing to the boom of the net schooling market in India is the increasing cognizance of ability development and employment:
Online Education Market in India: Increasing Focus on Skill Development and Employment
To gain professional growth and add value to their understanding, operating specialists and many students are specializing in ability improvement. This is mainly because digitized publications provide flexibility and comfort, in contrast to conventional classes, as learners can get admission to the content material from any location at any time. Therefore, the multiplied adoption of talent development via the certification isn’t most effective expected to fuel employment possibilities and the online training industry in India.
According to a senior analyst at Technavio for education services, “Currently the growing adoption of cloud-based totally gaining knowledge of is possible to boost the boom of the web training marketplace in India as it will assist solve the problems of inadequate infrastructure and safety. Moreover, many international and regional carriers are vying for their share of the market, and players are differentiating themselves to advantage crucial traction over their friends by supplying the nice online publications, thereby driving marketplace increase.”
The online education market in India: Segmentation analysis
The online schooling market in India studies file offers market segmentation using the product (services and content) via cease-person (K-12 and better schooling). It presents an in-intensity evaluation of the distinguished elements influencing the marketplace, including drivers, possibilities, developments, and enterprise-particular demanding situations. The better education segment held the biggest percentage of the market in 2017, accounting for close to 77% share, observed through the K-12 segment.
Although the K-12 segment held the smallest percentage of the market, it’s far anticipated to witness the maximum increase in its market proportion over the forecast period due to several students choosing online education for test coaching. Technavio’s pattern reviews are free of rate and include multiple sections of the report, including market size and forecast, drivers, demanding situations, traits, and extra.
Some of the key topics included in the report encompass:
- Market Landscape
- Market surroundings
- Market traits
- Market segmentation evaluation
- Market Sizing
- Market sizing
- Market length and forecast
- Five Forces Analysis
- Market Segmentation
- Geographical Segmentation
- Regional evaluation
- Key main international locations
- Market Drivers
- Market Challenges
- Market Trends
- Vendor Landscape
- Vendors covered
- Vendor type
- Market positioning of carriers
- Competitive situation