Press release
Online Education Market in India May See Big Move | Udemy, Coursera, Sorting Hat
Online Education Market
If you are a Online Education manufacturer and would like to check or understand policy and regulatory proposal, designing clear explanations of the stakes, potential winners and losers, and options for improvement then this article will help you understand the pattern with Impacting Trends. Click To get SAMPLE PDF (Including Full TOC, Table & Figures): https://www.htfmarketreport.com/sample-report/3034540-online-education-market-2
Online education is an adaptable learning method that offers advanced teachings using the Internet, which contains electronic learning (e-learning), mobile learning (m-learning), web-based courses, and computer-supported distance education. Online education is provided in numerous ways, including online courses, massive open online courses (MOOCs), hybrid or blended courses, and certification courses. With the increasing adoption of the Internet and a rise in awareness about e-learning, the online education industry is expected to witness promising growth during the forecast period.
Market insights:
The online education market in India was valued at INR 58.50 Bn in 2019 and is expected to reach INR 502.85 Bn by 2025, expanding at a CAGR of ~41.02% during the forecast period 2020-2025. Ease of learning, adaptability, and vast collection of study materials have influenced the industry’s overall growth. However, the lack of accreditation and formal acknowledgment and the wide range of freely available content presents a critical threat to the sector’s development. The industry is moving toward adopting innovative technologies such as Artificial intelligence (AI) and machine learning (ML), Big Data Analytics, Blockchain, and others to improve the learning experience.
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand Market condition five forces analysis is conducted that includes Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research and development)
• Legal (Employment legislation, consumer law, health and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal and sustainability)
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Competition analysis:
The Indian online education market is extremely competitive with approximately 3,500 edtech start-ups operating in the country. Several foreign companies are entering the Indian online education industry. Udemy, BYJU’s, Duolingo, and Coursera are some of the prominent players in the industry, catering to the needs of different target audiences.
Some Extracts from Online Education Market Study Table of Content
Online Education Market Size (Sales) Market Share by Type (Product Category) in 2020
Online Education Market by Application/End Users
Global Online Education Sales and Growth Rate (2015-2025)
Online Education Competition by Players/Suppliers, Region, Type and Application
Online Education (Volume, Value and Sales Price) table defined for each geographic region defined.
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
........and view more in complete table of Contents
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