The Ed-Tech Driven Career Programs Market in India saw high investor attractiveness both in terms of internal & external funding; which were collectively evaluated at USD 700 million in the year 2018 across 56 deals from USD 32.6 million during 2014 across 32 deals.
Key Course Domains: Changing job roles have come into the force with the emergence of technologies such as AI, ML, and Block-chain and Cloud computing which make up the major areas of demand by working professionals. Data science, analytics, digital marketing & software development sector also suffers from major demand-supply gaps in the industries and makeup high paying jobs currently, therefore, promoting the need to up-skill in these domains.
Key Pocket Areas: Major target audience consisting of working professionals in India resides in both Tier 1 and Tier 2 cities with Bangalore, Hyderabad, Mumbai Delhi NCR, Kolkata, Chennai, and Pune mapped as major cities for tech, data, marketing, product, management, and leadership-based programs. These cities are the major job hubs for IT, BFSI; Retail & Telecom based industries and hence make up the highest demand for Ed-Tech companies both in terms of enrolment and program spending.
SPOC Models Dominating in India: SPOC (Small Private Online Courses) programs are relatively becoming more popular from a user satisfaction point of view as MOOCs restrict user interaction and don’t facilitate in-depth learning. SPOC programs have significantly higher completion rates and are generally focused on targeted domains and taken up by the specific audience. The competitive space of SPOC models is also gaining traction with negligible restrictions on competitive entry.
Growing Popularity of LMS based Platforms within India: The concept of LMS i.e. learning management systems started gaining popularity owing to increasing internet and smartphone penetration coupled with the advent of high-speed internet in the country. LMS based system helps to work across different web-based platforms and the technology has found its way in both education and the business world. In the near future, its implementation is going to increase along with the country’s supporting IT infrastructure. Popular LMS systems operating within India include Open Source LMS, Proprietary Standard LMS, and Cloud-based LMS.
The report titled “India Ed-Tech Driven Career Programs Market Outlook to 2025 – Increasing Technological Capabilities of Ed-Tech Companies to Increase Program Enrolments and Spend in Future” by Ken Research suggested that the adoption of Ed-Tech Based Up-Skilling & Re-Skilling Programs in India is growing. The government’s policies favoring the easy entry of players into the Ed-tech sector, the incoming of new sector-wise trends necessitating the need for additional up-skilling, along with the increasing acceptance of online higher education-based programs will elevate the market. Enrolment in Ed-tech driven higher & professional education programs is projected to grow at a CAGR of 20.3% while the student program spend is projected to rise at 22.5% during the forecast period 2019-2025.
Key Segments Covered:-
By Ed-Tech Driven Higher & Professional Education Program Segment
By Higher Education Course Segment
Key Target Audience
Venture Capital Firms
Corporate Training Companies
Time Period Captured in the Report:
Historical Period – 2013-2019
Forecast Period – 2019-2025
Companies Covered in Report:
Eruditus & Emeritus
Northwest Executive Education
Hughes Global Education
Trilogy Education Services
Others (NIIT, Intellipaat, Imarticus Learning, Times Professional Learning, NuLearn, Edureka, EduKyu, Jigsaw Academy, Analytics Vidhya, Aptus Learn & Verzeo)
Key Topics Covered in the Report:-
India EdTech Market Future Outlook
India EdTech Market Revenue
India EdTech Industry Growth
Future of Edtech in India
Major Open Online Courses Platform in India
Small Private Online Courses Platform India
Top online course provider in India
List of e-learning companies in India
Online PG Programs Market India
Online UG Programs Market India
India Online Education Industry Growth
AI Technology in Education Market India
Training Spend for Up-Skilling Employees India
Online Certificate Programs Market India
For More Information On The Research Report, Refer To Below Link:-
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Ankur Gupta, Head Marketing & Communications