Edtech Market in India Size, Share, Demand and Forecast 2024-2032

India Edtech Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 30.20% (2024-2032)

The India Edtech market is rapidly growing, driven by digital learning solutions, increasing internet penetration, and innovation. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 30.20% from 2024 to 2032.

India Edtech Market Trends and Drivers:

The growing utilization of digital learning solutions, fueled by the rise in internet penetration and the high use of smartphones, are the factors responsible for the growth of the India edtech market. Additionally, the market is propelling owing to the expanding need for accessible and affordable education, particularly in remote and rural areas.

Besides this, the COVID-19 pandemic has accelerated the shift toward digital education, with students and educational institutions turning to e-learning, virtual classrooms, and online tutoring. Initiatives by government authorities like Digital India and Skill India, aimed at improving digital literacy and providing skill development opportunities, are also playing a major role in driving the growth of the edtech market in India.

A notable trend in the India edtech market is the increasing focus on personalized learning and the use of artificial intelligence to tailor educational content to the individual needs of the students. Edtech platforms are leveraging AI and data analytics to offer customized learning experiences, making education more engaging and effective. Another important trend is the growing demand for upskilling and reskilling programs, particularly in sectors like IT, data science, and digital marketing, as professionals seek to stay competitive in the job market.

Moreover, the rise of gamified learning and interactive content is enhancing student engagement, while hybrid learning models combining online and offline education are gaining popularity. These trends, along with continued investments in edtech startups and innovations in immersive learning technologies like virtual reality (VR), are expected to further accelerate the growth of the India edtech market in the coming years.

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India Edtech Market Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Sector:

Preschool
K-12
Higher Education
Others

Breakup by Type:

Hardware
Software
Content

Breakup by Deployment Mode:

Cloud-based
On-premises

Breakup by End User:

Individual Learners
Institutes
Enterprises

Breakup by Region:

North India
West and Central India
South India
East and Northeast India

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=21426&flag=C

Key Highlights of the Report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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This release was published on openPR.