Online education market in India 2024-2028

Description

List of Tables

The online education market in India is forecasted to grow by USD 6470 mn during 2023-2028, accelerating at a CAGR of 27.17% during the forecast period. The report on the online education market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by skill development and employment, government initiatives toward digitization in education, and rapid penetration of internet-enabled devices.

Technavio's online education market in India is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	20.99%
CAGR	27.17%
Incremental Value	$6470mn

By End-user

Higher education
K-12

By Product

Content
Services

By Geographical Landscape

APAC

This study identifies the emergence of cloud computing as one of the prime reasons driving the online education market in India growth during the next few years. Also, growing investment in online education and inclusion of gamification to drive engagement levels will lead to sizable demand in the market.

The report on the online education market in India covers the following areas:

Online education market in India sizing
Online education market in India forecast
Online education market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online education market in India vendors that include Aeon Learning Pvt. Ltd., AnalytixLabs, Coursera Inc., Educomp Solutions Ltd., Excelsoft Technologies Pvt Ltd., Indira Gandhi National Open University, Intellipaat Software Solutions Pvt. Ltd., Jigsaw Academy, Khan Academy Inc., MPS Ltd., NextEducation India Pvt. Ltd., NIIT Ltd., Reliance Industries Ltd., Simplilearn, SMU DE, Sorting Hat Technologies Pvt. Ltd., Think and Learn Pvt. Ltd., Udemy Inc., upGrad Education Pvt. Ltd., Vedantu Innovations Pvt. Ltd., and Zeus Systems Pvt. Ltd.. Also, the online education market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR43422

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India: Year-over-year growth 2023-2028 (%)
- Data Table on India: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Online Education Market in India 2018 - 2022
- Historic Market Size - Data Table on Online Education Market in India 2018 - 2022 ($ million)
4.2 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
6.3 Higher education - Market size and forecast 2023-2028
- Chart on Higher education - Market size and forecast 2023-2028 ($ million)
- Data Table on Higher education - Market size and forecast 2023-2028 ($ million)
- Chart on Higher education - Year-over-year growth 2023-2028 (%)
- Data Table on Higher education - Year-over-year growth 2023-2028 (%)
6.4 K-12 - Market size and forecast 2023-2028
- Chart on K-12 - Market size and forecast 2023-2028 ($ million)
- Data Table on K-12 - Market size and forecast 2023-2028 ($ million)
- Chart on K-12 - Year-over-year growth 2023-2028 (%)
- Data Table on K-12 - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Product

7.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
7.3 Content - Market size and forecast 2023-2028
- Chart on Content - Market size and forecast 2023-2028 ($ million)
- Data Table on Content - Market size and forecast 2023-2028 ($ million)
- Chart on Content - Year-over-year growth 2023-2028 (%)
- Data Table on Content - Year-over-year growth 2023-2028 (%)
7.4 Services - Market size and forecast 2023-2028
- Chart on Services - Market size and forecast 2023-2028 ($ million)
- Data Table on Services - Market size and forecast 2023-2028 ($ million)
- Chart on Services - Year-over-year growth 2023-2028 (%)
- Data Table on Services - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Opportunity/Restraints

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints

10 Competitive Landscape

10.1 Overview
10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
- Overview on factors of disruption
10.4 Industry risks
- Impact of key risks on business

11 Competitive Analysis

11.1 Companies profiled
- Companies covered
11.2 Market positioning of companies
- Matrix on companies position and classification
11.3 Aeon Learning Pvt. Ltd.
- Aeon Learning Pvt. Ltd. - Overview
- Aeon Learning Pvt. Ltd. - Product / Service
- Aeon Learning Pvt. Ltd. - Key offerings
11.4 Coursera Inc.
- Coursera Inc. - Overview
- Coursera Inc. - Business segments
- Coursera Inc. - Key news
- Coursera Inc. - Key offerings
- Coursera Inc. - Segment focus
11.5 Educomp Solutions Ltd.
- Educomp Solutions Ltd. - Overview
- Educomp Solutions Ltd. - Product / Service
- Educomp Solutions Ltd. - Key offerings
11.6 Excelsoft Technologies Pvt Ltd.
- Excelsoft Technologies Pvt Ltd. - Overview
- Excelsoft Technologies Pvt Ltd. - Product / Service
- Excelsoft Technologies Pvt Ltd. - Key offerings
11.7 Indira Gandhi National Open University
- Indira Gandhi National Open University - Overview
- Indira Gandhi National Open University - Product / Service
- Indira Gandhi National Open University - Key offerings
11.8 Intellipaat Software Solutions Pvt. Ltd.
- Intellipaat Software Solutions Pvt. Ltd. - Overview
- Intellipaat Software Solutions Pvt. Ltd. - Product / Service
- Intellipaat Software Solutions Pvt. Ltd. - Key offerings
11.9 MPS Ltd.
- MPS Ltd. - Overview
- MPS Ltd. - Product / Service
- MPS Ltd. - Key offerings
11.10 NextEducation India Pvt. Ltd.
- NextEducation India Pvt. Ltd. - Overview
- NextEducation India Pvt. Ltd. - Product / Service
- NextEducation India Pvt. Ltd. - Key offerings
11.11 NIIT Ltd.
- NIIT Ltd. - Overview
- NIIT Ltd. - Product / Service
- NIIT Ltd. - Key news
- NIIT Ltd. - Key offerings
11.12 Simplilearn
- Simplilearn - Overview
- Simplilearn - Product / Service
- Simplilearn - Key offerings
11.13 Sorting Hat Technologies Pvt. Ltd.
- Sorting Hat Technologies Pvt. Ltd. - Overview
- Sorting Hat Technologies Pvt. Ltd. - Product / Service
- Sorting Hat Technologies Pvt. Ltd. - Key offerings
11.14 Think and Learn Pvt. Ltd.
- Think and Learn Pvt. Ltd. - Overview
- Think and Learn Pvt. Ltd. - Product / Service
- Think and Learn Pvt. Ltd. - Key offerings
11.15 Udemy Inc.
- Udemy Inc. - Overview
- Udemy Inc. - Business segments
- Udemy Inc. - Key news
- Udemy Inc. - Key offerings
- Udemy Inc. - Segment focus
11.16 upGrad Education Pvt. Ltd.
- upGrad Education Pvt. Ltd. - Overview
- upGrad Education Pvt. Ltd. - Product / Service
- upGrad Education Pvt. Ltd. - Key offerings
11.17 Vedantu Innovations Pvt. Ltd.
- Vedantu Innovations Pvt. Ltd. - Overview
- Vedantu Innovations Pvt. Ltd. - Product / Service
- Vedantu Innovations Pvt. Ltd. - Key offerings

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
12.3 Currency conversion rates for US$
- Currency conversion rates for US$
12.4 Research methodology
- Research methodology
12.5 Data procurement
- Information sources
12.6 Data validation
- Data validation
12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
12.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
12.10 List of abbreviations
- List of abbreviations