According to IMARC Group’s latest report, titled “India E-Learning Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the India e-learning market size reached US$ 5.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.5 Billion by 2027, exhibiting a growth rate (CAGR) of 13.9% during 2022-2027.
E-learning, or electronic learning, refers to a learning system based on formalized teaching through digital resources. It is also termed a network-enabled transfer of knowledge and skills, along with the delivery of education made to several recipients regardless of the time and place. It is provided through electronic devices like tablets, computers and mobile phones that are connected to the internet. It aids in providing different programs, degrees, and courses through online media. It is a more cost-effective solution as compared to brick-and-mortar teaching systems and maintains the constantly changing requirements for quality education.
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India E-Learning Market Trends:
The rising penetration of the internet and smartphones is bolstering the market growth across the country. Furthermore, the growing telecom and broadband industry has enhanced the accessibility to economical internet connectivity plans, which, in turn, is expected to propel the market growth. In addition, the rising focus of companies on research and development activities regarding new online learning solutions is projected to boost the market growth in India.
Apart from this, the growing support of the Government of India to promote distance education programs to offer easy access to education is expected to increase the adoption of e-learning solutions.
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Key Market Segmentation:
The report has categorized the market based on technology, provider and application.
Breakup by Technology:
Breakup by Provider:
Breakup by Application:
Breakup by Region:
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