E-learning Market in India 2020 | Trends, Size, Forecast Analysis

Request Free sample on this latest research report @ https://www.marketreportsonline.com/contacts/requestsample.php?name=828961

Technological innovations have disrupted India's traditional education system, and the shutting down of schools and universities in the wake of the COVID-19 pandemic has impacted more than 500 Mn students in India. Online learning platforms are rapidly growing in all educational segments - primary, secondary, higher education, test preparation, and casual learning. India's e-learning
Market is highly fragmented, with a few niche players operating in the various segments, and several start-ups with innovative offerings are gradually gaining ground.

The e-learning
Market in India was valued at INR 65.00 Bn in 2019 and is expected to reach a value of INR 498.26 Bn by 2025, expanding at a compound annual growth rate (CAGR) of ~36.88% during the 2020-2025 forecast period.

Market Segmentation
Based on the category, the online reskilling and certification segment dominated India's e-learning
Market, whereas online primary and secondary supplemental education is estimated to be the largest segment by 2025. Moreover, the higher education

Market is currently experiencing a lack of clarity on regulations. Similarly, the test preparation
Market, language, and casual learning segment are expected to expand rapidly during the forecast period.

Market Influencers
Lower-cost, ease of access, growing demand for industry-relevant training, and surge in the number of Internet subscribers have propelled the
Market growth. However, lack of awareness and user engagement, absence of formal recognition and accreditation, shortage of digital infrastructure, and abundance of free content are major hurdles to the industry growth.

Impact of COVID-19 and the way forward:
In the second week of March 2020, the Indian government temporarily closed all educational institutes across the country as a precautionary measure to contain the spread of the novel coronavirus. This had caused complete disruption India's education system, affecting learners from school-going children to postgraduate students. With no immediate solution to curtail the spread of the virus, the shutting of schools and universities affected the continuity of learning.

To continue education, institutions are focusing on e-learning methods and are shifting towards online classes. Users of e-learning platforms, both free and paid users in the K-12 (K-12 comprises students from classes 1 to 12 and post K-12 segments, rose exponentially, increasing from 45 Mn in 2019 to 90 Mn in April 2020. E-learning players have also witnessed a 50% surge in the time spent on e-learning platforms, which has gone up from 60 minutes in 2019 to 90 minutes in April 2020.

Feel free to ask your queries at https://www.marketreportsonline.com/contacts/requestsample.php?name=828961

Corporate Headquarters
Tower B5, office 101,
Magarpatta SEZ,
Hadapsar, Pune-411013, India.
+ 1 888 391 5441
sales@marketreportsonline.com

MarketReportsOnline.com is your one stop market research and industry analysis reports' library providing business data and intelligence information on thousands of micro markets with global as well as regional coverage. Category focused research, country reports, company profiles, regional and global industry profiles and guides to premium reports offering extensive coverage of other 20+ industries are all available in our library of syndicated market research reports.

This release was published on openPR.