Press release
Edutech Market revenue is expected to grow at 27.65% from 2022 to 2029, reaching nearly USD 10.22 Bn.
Edutech Market
Report Scope
The report delves into the realm of Educational Technology (Edutech), encompassing the utilization of software, hardware, and services to augment learning experiences. Notably, the market has gained traction among diverse stakeholders, including academic institutions and businesses, seeking innovative teaching and training methodologies.
Research Methodology
The research methodology employed a meticulous approach that combined secondary and primary research to assess the Edutech market. To forecast the Indian Edutech market's potential, data on key vendors' revenue was meticulously gathered. The study also factored in multiple determinants, including government policies, competitive landscape, historical data, technological advancements, and market trends. Segmentation was achieved by component (hardware, software, service) and category (language and casual learning, k-12, test preparation, reskilling and online certification, higher education), validated through insightful interviews with industry leaders.
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What are Edutech Market Dynamics?
Market Drivers
Government Digital Initiatives Boost E-Learning Adoption: The Indian government's proactive stance in providing widespread access to education has been a driving force for Edutech companies. Initiatives like SWAYAM and e-pathshala have facilitated the seamless transition to online learning, even in rural areas.
Rise in Edutech Funding and Start-Ups: With over US$1.43 billion invested in 2020, the Edutech sector has flourished due to pandemic-induced disruptions. Notably, Byju's, Unacademy, and Vedantu lead the funding landscape.
Hybrid Edutech Models Emerge: The industry is embracing hybrid models, blending online and offline education. Byju's Learning Center, an innovative hybrid approach, is redefining students' engagement with education.
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Edutech Market Segmentation?
K-12 education, fueled by gamification strategies, is expected to lead the market. The software segment's growth, attributed to learning management systems, is anticipated to dominate the Indian Edutech market by 2029.
by Component
Hardware
• Software
• Service
by Category
Language and Casual Learning
• K-12
• Test Preparation
• Reskilling and Online Certification
• Higher Education
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Who are Edutech Market Key Players?
• BYJU'S
• toppr
• Henry Harvin Education
• Upgrad
• Pesto
• Teachmint
• Vedantu
• Whitehat education
• Classplus
• Great learning
• Edukart
• Mindlogicx
• Skillmatics
• Quizizz
• Unacademy
• Doubtnut
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Table of content for the Edutech Market includes:
India Edutech Market: Research Methodology
India Edutech Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
India Edutech Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
India Edutech Market Segmentation
India Market, by Component (2022-2029)
India Market, by Category (2022-2029)
Regional Edutech Market (2022-2029)
Regional Market, by Component (2022-2029)
Regional Market, by Category (2022-2029)
Regional Market, by Country (2022-2029)
India Company Profile: Key players
Company Overview by Country
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Regional Insights:
India's Edutech sector has gained global prominence, aiding over 300 million students, including those disrupted by COVID-19. A distinctive feature is the sector's potential to bridge educational gaps, offering inclusive and personalized learning experiences. Edutech's success can be attributed to passionate entrepreneurs, innovative products, and access to a diverse educator pool. International students are enrolling in Indian Edutech companies for both affordability and quality.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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