Press release
India Edutech Market to Reach USD 13.03 Billion by 2030, Growing at a 27.65% CAGR
The India Edutech Market is undergoing rapid transformation, driven by increasing digital adoption and government initiatives to enhance e-learning infrastructure. India Edutech Market size was valued at USD 2.36 Billion in 2023 and the India Edutech Market revenue is expected to reach USD 13.03 Billion by 2030, at a CAGR of 27.65 % over the forecast period.The rising demand for personalized learning solutions and the proliferation of smart classrooms are key factors contributing to this growth.
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India Edutech Market Competitive Landscape and Regional Demand Analysis
Key market players such as BYJU'S, Unacademy, Vedantu, and UpGrad are leading the industry. The Asia Pacific region, particularly India, is witnessing the highest demand due to the surge in online education platforms and government-backed digital literacy programs.
India Edutech Market Mergers and Acquisitions and Key Developments
United States: BYJU'S acquisition of Epic! Creations Inc., a U.S.-based digital reading platform, has strengthened its global footprint.
Asia Pacific: Unacademy's acquisition of CodeChef, an Indian programming platform, has expanded its tech education portfolio.
Middle East and Africa: Coursera's partnership with UAE-based institutions is fostering digital learning in the region.
Europe: UpGrad's acquisition of KnowledgeHut, a tech skilling platform, has bolstered its European presence.
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India Edutech Market Regional-Specific Data and Trends
Edutech Growth in the United States: Trends and Opportunities
The U.S. market is witnessing a surge in demand for STEM-based learning and career upskilling platforms like Udacity and Coursera.
Edutech Opportunities in Asia Pacific: Market Expansion and Innovation
Asia Pacific leads the market with India's dominance, driven by government initiatives like Digital India and Skill India programs.
Edutech Trends in the Middle East and Africa: Consolidation and Updation
The UAE and Saudi Arabia are investing heavily in digital learning infrastructure, with platforms like Edraak and Coursera gaining traction.
Edutech Consolidation in Europe: Strategic Mergers and Updation
Europe is seeing increased collaboration between edtech startups and universities, with Udemy and FutureLearn expanding their European user base.
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India Edutech Market Segmentation
by Component
Hardware
Software
Service
by Category
Language and Casual Learning
K-12
Test Preparation
Reskilling and Online Certification
Higher Education
Others
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