Online Education Market in India by Product and End-user - Forecast and Analysis 2020-2024

ELMHURST, Ill. - Sept. 30, 2020 - PRLog -- The online education market size in India is expected to grow by USD 14.33 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. The impact can be expected to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth, according to the latest market research report by Technavio.

Online Education Market In India: Government Initiatives toward Digitization in Education
Digital initiatives taken by the government of India is one of the factors fueling the growth of online education. Initiatives such as ePathshala, which hosts educational web resources for teachers, students, parents, researchers, and educators, have helped the rural population to get familiarized with online education. For higher education segments, the Indian government has come up with virtual labs and virtual classes to provide remote access to labs in various disciplines of science and engineering with participating institutes such as ITs, IIITs, and NITs. The virtual labs cater to students at the undergraduate and postgraduate levels as well as to research scholars. Such government initiatives have created a surge in demand for online education from users and institutions in rural and urban areas.

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