India Edutech Market

  • 4100.00 Dollar US$
  • Published date: April 26, 2021
    • Pune, Pune, Maharashtra, India
  • [ #59865 Ad Views - 6 ]
India Edutech Market was valued at USD 775.50 Mn in 2019 and is expected 17,374.73 Mn by 2027 at a CAGR of 47.5% over forecast period 2020-2027.

India Edutech Market

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India Edutech Market Overview:

With every aspect of our lives being dominated by computers and online channels, education has slowly shifted to digital domain. Education is fundamental right in India under various articles of Indian constitution. Edutech refers to the educational technology to leverage learning by creating, using, and managing technological innovation and resources. Edutech is disrupting the traditional way of gaining education due to its adaptive learning, greater reliance on graphical and video content.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
India Edutech Market Drivers:

1) Low cost of online education:

India has one of the largest education systems in the world with more than 1.4 million schools over 227 million students enrolment and more than 36,000 higher education institutes. The cost of offline education in India saw an increase of more than 125 percent from 2010 to 2018. However, online courses are roughly 50 percent cheaper than the offline alternative because of the lower infrastructure and a larger student base to attain the economies of scale and hence reduce per user price. For instance, graduating from an engineering college in India costs around 1.2 to 1.5 lakh per annum while the same course delivered online costs only 15 to 20 thousand.

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