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- Block-chain, robotics, agile project management, digital marketing, fintech adoption, Robo-advisory, and IoT are the domains that are expected to gain more traction over the long term.
- The enrolment of professionals, fresher and students is expected to grow at a CAGR of 20.3% during the period 2019-2025, indicating the predicted considerable rise in Ed-tech adoption within India.
- Gross Enrolment Ratio in University Led-Education is set to pass the 30% mark by the year ending 2020, as the Indian government has been putting efforts towards promoting higher education enrolment to come into force in the near future.
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Emerging Technologies Impacting the Up-Skilling Need: Sectors such as IT, BFSI & Retail face a major threat from up & coming technologies as workers are faced with a high risk of losing their jobs to automation. New job roles are emerging in these sectors which threaten the existing roles. These technologies will drive up the program spend on up-skilling and re-skilling programs by working professionals in the near future. For instance, open-source LMS, proprietary standard LMS and cloud-based LMS have been gaining traction in the country.
Growing Scope for Online Degrees within India: With the recent judgment of UGC allowing the offering of degrees and diploma programs in an online or live-online mode, high growth is expected in terms of adoption/conversion of full-fledged degree programs in online mode. The move is a part of the government’s initiative to increase the Gross Enrolment Ratio for higher education in the country.
The report titled “India Ed-Tech Driven Career Programs Market Outlook to 2025 – Increasing Technological Capabilities of Ed-Tech Companies to Increase Program Enrolments and Spend in Future” by Ken Research suggested that the adoption of Ed-Tech Based Up-Skilling & Re-Skilling Programs in India is growing. The government’s policies favoring the easy entry of players into the Ed-tech sector, the incoming of new sector-wise trends necessitating the need for additional up-skilling, along with the increasing acceptance of online higher education-based programs will elevate the market. Enrolment in Ed-tech driven higher & professional education programs is projected to grow at a CAGR of 20.3% while the student program spend is projected to rise at 22.5% during the forecast period 2019-2025.
Key Segments Covered: –
By Ed-Tech Driven Higher & Professional Education Program Segment
UG
PG
MDP
B2B
By Higher Education Course Segment
UG
PG
Diploma
Integrated
Certificate
Key Target Audience
Ed-Tech Companies
Independent Investors
Venture Capital Firms
Universities
Corporate Training Companies
Government Ministries
Time Period Captured in the Report:
Historical Period – 2013-2019
Forecast Period – 2019-2025
Companies Covered in Report:
upGrad
Talentedge
SimpliLearn
Talent Sprint
Great Learning
Eruditus & Emeritus
Northwest Executive Education
Hughes Global Education
VC Now
2U
Trilogy Education Services
Others (NIIT, Intellipaat, Imarticus Learning, Times Professional Learning, NuLearn, Edureka, EduKyu, Jigsaw Academy, Analytics Vidhya, Aptus Learn & Verzeo)
Key Topics Covered in the Report: –
Online Education Industry in India
Education & Training Sector in India
Future of Education Start-ups in India
India Education Technology Market Value
India Education Technology Market
India Education Technology Industry
India Smart Classroom Market
EdTech India Market Report
EdTech Industry India
India EdTech Market size 2018
Future of EdTech Market in India
Edutech Industry India
Growth of Technologies in Indian Education Sector
List of EdTech Start-ups in India
EdTech in Higher Education Industry India
India EdTech Market
India Higher Education Industry
India Higher Education Market
For More Information on The Research Report, Refer To Below Link: –
Related Reports by Ken Research: –
Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249