Latest Study on Industrial Growth of E-learning Market in India 2021 Market 2021-2027. A detailed study accumulated to offer Latest insights about acute features of the E-learning Market in 2021 market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.
The Major Players Covered in this Report: Edukart Education Private Limited, Individual Learning Private Limited, Sorting Hat Technologies Private Limited, Think and Learn Private Limited, UpGrad Education Private Limited, Vedantu Innovations Private Limited, Coursera Inc., Simplilearn Solutions Private Limited, Udemy India LLP
E-learning Market in 2021 Market Study guarantees you to remain / stay advised higher than your competition. With Structured tables and figures examining the E-learning Market in 2021, the research document provides you a leading product, submarkets, revenue size and forecast to 2027. Comparatively is also classifies emerging as well as leaders in the industry. Click To get SAMPLE PDF of E-learning Market in 2021 Market (Including Full TOC, Table & Figures) >>> https://www.htfmarketreport.com/sample-report/3744248-e-learning-market-in-india-2021
E-learning is a flexible learning method which harnesses the power of the internet. Online learning platforms are increasing in all education segments – primary, secondary, higher education, test preparation, and informal learning. The e-learning market in India is highly fragmented, with a few niche players operating in the various segments and several start-ups with innovative offerings gradually gaining ground. Students can track their performance in real time with the help of automated online records on e-learning portals.
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Market insights:
Over the last decade, technological advancements have taken place in the field of e-learning. These include the application of information and communications technology (ICT) in classrooms and the use of cloud-based platforms, virtual reality (VR), and augmented reality (AR). The e-learning market in India was valued at INR 91.41 Bn in 2020. It is expected to reach a value of INR 312.13 Bn by 2026, expanding at a compound annual growth rate (CAGR) of ~17.60% during the 2021 – 2026 period.
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Market drivers:
Over the years, the improved availability of low-cost smartphones has led to an increase in demand for internet services across India. This has spurred the demand for online content, including education material, in both rural and urban areas.
Key deterrents to the growth of the market:
Indians are familiar and comfortable with the conventional face-to-face mode of learning, which impedes the adoption of online learning. Online channels fall short when it comes to replicating certain aspects of offline channels, such as interaction with peers, group learning, feedback, and soft skill development.
Government initiatives:
The central government introduced NDEAR in the Union Budget of 2021 – 2022 to strengthen digital infrastructure and to support education planning activities. In May 2020, the government launched the PM eVIDYA program to make e-learning accessible to students and teachers, as well as to promote and strengthen digital education.
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