Showing posts with label India Online Education Industry Growth. Show all posts
Showing posts with label India Online Education Industry Growth. Show all posts

Thursday, April 2, 2020

Ed-Tech Space will be Increasingly Competitive with Entry of New Players, Emergence of New Business Models and Increasing Demand for New-Age Skills Training: Ken Research

      • Block-chain, robotics, agile project management, digital marketing, fintech adoption, Robo-advisory, and IoT are the domains that are expected to gain more traction over the long term.
      • The enrolment of professionals, fresher and students is expected to grow at a CAGR of 20.3% during the period 2019-2025, indicating the predicted considerable rise in Ed-tech adoption within India.
      • Gross Enrolment Ratio in University Led-Education is set to pass the 30% mark by the year ending 2020, as the Indian government has been putting efforts towards promoting higher education enrolment to come into force in the near future.
Emerging Technologies Impacting the Up-Skilling Need: Sectors such as IT, BFSI & Retail face a major threat from up & coming technologies as workers are faced with a high risk of losing their jobs to automation. New job roles are emerging in these sectors which threaten the existing roles. These technologies will drive up the program spend on up-skilling and re-skilling programs by working professionals in the near future. For instance, open-source LMS, proprietary standard LMS and cloud-based LMS have been gaining traction in the country.
India EdTech Market
Growing Scope for Online Degrees within India: With the recent judgment of UGC allowing the offering of degrees and diploma programs in an online or live-online mode, high growth is expected in terms of adoption/conversion of full-fledged degree programs in online mode. The move is a part of the government's initiative to increase the Gross Enrolment Ratio for higher education in the country.
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
UG
PG
MDP
B2B
By Higher Education Course Segment
UG
PG
Diploma
Integrated
Certificate
Key Target Audience
Ed-Tech Companies
Independent Investors
Venture Capital Firms
Universities
Corporate Training Companies
Government Ministries
Time Period Captured in the Report:
Historical Period - 2013-2019
Forecast Period - 2019-2025
Companies Covered in Report:
upGrad
Talentedge
SimpliLearn
Talent Sprint
Great Learning
Eruditus & Emeritus
Northwest Executive Education
Hughes Global Education
VC Now
2U
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: -
Online Education Industry in India
Education & Training Sector in India
Future of Education Start-ups in India
India Education Technology Market Value
India Education Technology Market
India Education Technology Industry
India Smart Classroom Market
EdTech India Market Report
EdTech Industry India
India EdTech Market size 2018
Future of EdTech Market in India
Edutech Industry India
Growth of Technologies in Indian Education Sector
List of EdTech Start-ups in India
EdTech in Higher Education Industry India
India EdTech Market
India Higher Education Industry
India Higher Education Market
For More Information on The Research Report, Refer To Below Link: -
Related Reports by Ken Research: -
Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Wednesday, January 29, 2020

India Ed Tech Driven Career Programs Market Outlook to 2025: Ken Research

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” provides a comprehensive analysis of the adoption of Ed-Tech in the higher and professional education segment within India. The report covers all various aspects including introduction and overview, demand & supply ecosystem, need for alternate education, target audience analysis through survey, industry size on the basis of enrollments & spend, market segmentation by type of program, operating models, revenue models, technological capabilities of Ed-Tech players, marketing models, team structure of Ed-Tech players, competitive landscape, trends and developments, emerging course and revenue models in the industry. The report concludes with market projections for the future of the industry including forecasted industry size by enrollment and by spend.
India Ed-Tech Driven Career Programs Market Overview and Size:
The market was observed in its growth stage majorly due to the fact that India has a large working population which is leading the demand for up-skilling & re-skilling programs provided by Ed-tech companies. Also, minimal restrictions on competitive entry allow the entry/presence of numerous players operating on a SPOC model, therefore, catering to working professionals, primarily. Government initiatives aimed at increasing the Gross Enrollment Ratio have also played a major role in increasing the adoption of online skilling and vocational training programs. For instance, the government allocated around INR 17,000 crores towards skill-based development and employment generation in India.
India Online Education Market
India Ed-Tech Driven Career Programs Market Segmentation
By Type of Course (UG, PG, MDP, and B2B): MDP programs were witnessed to dominate the industry in terms of enrollment as professional up-skilling programs for executives led the industry. Whereas in terms of program spend, PG programs edged MDP programs due to the comparatively higher batch size of PG programs as compared to MDP programs in India.
India Higher Education Market Segmentation by the Type of Course (UG, PG, Diploma Integrated and Certificate Programs): UG programs dominated the higher education segment due to the high number of institutions, colleges, and universities for higher education in the country. The Gross Enrolment Ratio for overall higher education was measured at 26.3%in India during the year 2019.
Competitive Landscape of Major Players Operating in the India Ed-Tech Driven Career Programs Market:
Competition stage within the Indian Ed-Tech market was observed to be highly fragmented with the presence of major players such as upGrad, Talentedge, SimpliLearn, Talent Sprint, Great Learning, Edureka, NIIT and others who captured a substantial share in terms of student enrolment in 2018-2019. Ed-Tech companies in India were observed to compete on the basis of course quality, program delivery modes, doubt clearance, instructor experience, pricing, student support & tech interface.
India Ed-Tech Driven Career Programs Market Future Outlook & Projections:
The market is expected to grow at a high rate in the future, with working professionals turning to Ed-tech powered up-skilling as well as re-skilling programs in order to learn on-the-go. Also, high job change rates, lay-off rates, risk of getting unemployed by developing technologies and lack of workplace learning opportunities will heighten the adoption of uptake of Ed-tech powered online programs. Moreover, the graduate & college segment is predicted to surge in the future due to favorable government judgments and the need for placement focused programs for college students.
Key Segments Covered:-
By Ed-Tech Driven Higher & Professional Education Program Segment
UG
PG
MDP
B2B
By Higher Education Course Segment
UG
PG
Diploma
Integrated
Certificate
Key Target Audience
Ed-Tech Companies
Independent Investors
Venture Capital Firms
Universities
Corporate Training Companies
Government Ministries
Time Period Captured in the Report:
Historical Period – 2013-2019
Forecast Period – 2019-2025
Companies Covered in Report:
upGrad
Talentedge
SimpliLearn
Talent Sprint
Great Learning
Eruditus & Emeritus
Northwest Executive Education
Hughes Global Education
VC Now
2U
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:-
Target Addressable Audience for Higher & Professional Education Programs (2013-2019)
Training Spend by Employee/Fresher or Employer
Government Initiatives to Bridge Skill Gap
India Ed-Tech Driven Higher & Professional Education Programs Industry Size- By Enrolment & Spend (2019-2025)
Target Audience Analysis Survey
Supply Side Ecosystem- Career Driven Programs
Ed-Tech Driven Career Program Ecosystem
University Ed-tech Partnership Analysis
Program Domains Targeted by Ed-Tech Players
Operating Model Analysis
Tech Capabilities & Program Delivery Analysis
Revenue Streams
Marketing Models with Ideal Cost Allocations
Team Structure Analysis
Challenges faced by Ed-Tech Players
Competitive Landscape
Company Profiles of Major Players
Competition Side Target Audience Survey
International Success Case Studies
Favorable Tax Saving Destinations
Future Industry Outlook to 2025
Emerging Revenue & Course Models
For More Information On The Research Report, Refer To Below Link:-
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249