Global Market Research Reports : Ken Research: India EdTech Market Major Players

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.

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

MDP

B2B

By Higher Education Course Segment

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

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: -

https://www.kenresearch.com/education-and-recruitment/education/india-ed-tech-driven-career-programs-market/303232-99.html

Related Reports by Ken Research: -

https://www.kenresearch.com/education-and-recruitment/education/australia-executive-education-market-outlook/286576-99.html

https://www.kenresearch.com/education-and-recruitment/education/singapore-executive-education-market/206502-99.html

https://www.kenresearch.com/education-and-recruitment/education/uk-executive-education-market/197079-99.html

Contact Us: -

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Friday, January 31, 2020

India EdTech Driven Career Programs Market Analysis: Ken Research

Buy Now

How Ed-Tech Is Revolutionizing Professional & Higher Education in India?

The rising need for Up-Skilling & Re-Skilling by Working Professionals is being met by Ed-Tech powered career programs in India. Working Professionals are majorly driving the demand for Up-Skilling & Re-Skilling programs provided by Ed-Tech players with the college segment currently having low demand and adoption. In the dynamic technology times in the country, professionals require constant up-skilling to stay relevant and to effect career transitions and internal career growth.

Ed-Tech programs are viewed as complementary to Conventional Higher Education programs provided by universities and are still far away from emerging as substitutes. However, with the UGC allowing offering of Online Degree programs through its SWAYAM portal, the college segment is expected to rise in the future.

Major program types gaining adoption and high uptake among the target audience include Data Science, Artificial Intelligence, Machine Learning, Digital Marketing, Software Development, Management, and Leadership.

Dominance by PG & Management Development Programs

By Type of Course (MDP, PG, B2B & UG)

Post Graduate and Management Development programs are leading the demand for career programs indicating that the major uptake is by professionals looking for online and part-time education through Small Private Online Courses provided by India Ed-Tech Market players in partnership with universities.

In terms of Learner Spend, Post Graduate and MDP programs dominate the industry. B2B corporate training programs provided by Ed-Tech players form a small proportion of the overall spend and are majorly taken by IT, BFSI, Retail, Telecom, and Automotive sectors.

Need For Up-Skilling and Re-Skilling Career Programs

The need for career-based programs in majorly made up of working professionals and fresh graduates. Experienced professionals focus on career-advancement, taking up new projects, personal development and expanding their skill-set. Fresh graduates take up such courses to develop a new skill-set, get placement opportunities, expand their network and enter the desired field. The professional skill demand-supply gap majorly forces employees to constantly keep up to date with the ongoing industry trends in order to stay relevant.

Supply Side Ecosystem for Career-Focused Programs

The alternatives for the target audience for career-focused programs are generally divided on the basis of learning mode. Offline programs primarily consist of MDP programs offered by top tier management institutes for mid to senior management levels. Moreover, employers also spend a considerable amount of their employee benefit expenses on outsourced corporate training programs provided by SPOC players or corporate training companies. In addition, there exist certain offline coaching institutes that provide weekend training courses in areas such as digital marketing, finance, data science, and IT-based courses. The online alternatives for career-focused programs are majorly formed by MOOCs (Massive Open Online Courses) and SPOCs (Small Private Online Courses). These programs may be provided in a self-paced mode in a pre-recorded format, in a live-online format or in a hybrid/blended (classroom and online) format. The growing trend is that MOOCs are becoming less popular due to the lag in doubt resolution in such programs, while the SPOC programs provide much more support and aid to the learner and are hence preferred more.

Key Segments Covered:-