Sunday, July 31, 2022

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Home Education and Recruitment Ed-Tech Space will be Increasingly Competitive with Entry of New Players, Emergence...

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

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: –

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

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