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Online Education Market in India to eyewitness amazing growth at a CAGR of 20.02%

Online Education Market
A new research document with title ‘Online Education Market in India 2017-2021’ covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like Americas, APAC, EMEA and important players/vendors such as Educomp Solutions, NIIT, IGNOU, BYJU’s The report will help user gain market insights, future trends and growth prospects for forecast period of 2021

Online Education Market Most trending in country’s Jamaica, India, Trinidad & Tobago, 
Ghana, Pakistan seems Last 5 years

HTF recognizes the following companies as the key players in the online education market in India: Educomp Solutions, NIIT, IGNOU, BYJU’s, Next Education, Meritnation, Sikkim Manipal University, Tata Interactive Systems, and TCY Learning Solutions.

Research analysts forecast the online education market in India to grow at a CAGR of 20.02% during the period 2017-2021.

Commenting on the report, an analyst from HTF’s team said: “The latest trend gaining momentum in the market is Emergence of cloud technology. The cloud computing technology has enabled players in saving a significant amount of content, data, and information on a single platform, thereby, making it easier for users and providers to process, procure, access, and manage information from anywhere and at any time. The cloud technology offers key benefits such as reduced capital expenses and speed for implementing SaaS-based solutions.”

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According to the report, one of the major drivers for this market is Cost effectiveness of online programs. The cost associated with online education programs is comparatively lesser than that offered in the conventional or traditional medium of instruction. Universities offering online degree programs have fewer expenses to incur as they do not have large buildings, property, land, or infrastructure to build and manage. Conventional courses are expensive not only in terms of tuition fees but also have considerably high-living expenses and costly books and other instructional materials. However, admissions in traditional universities for regular courses are aided by some or the other form of a scholarship to offset skyrocketing prices of courses.

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Market driver

• Cost effectiveness of online programs

• For a full, detailed list, view our report

Market challenge

• High drop-out rate

• For a full, detailed list, view our report

Market trend

• Emergence of cloud technology

• For a full, detailed list, view our report

Further, the report states that one of the major factors hindering the growth of this market is High drop-out rate. Enrollments in online courses have increased considerably over the last few years. However, the completion rate or retention rate of students in such courses has been low. Reasons contributing to lower completion rate could be the lack of internal or self-motivation and loosely designed courses. Students may not spend the dedicated time for the allotted training. In additon, the absence of desired content across various subject course offerings is expected to further reduce the completion rates. This way, the market growth is expected to witness a slow growth during the forecast period.

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Table of Contents

PART 01: EXECUTIVE

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

• Global education market

• Education market in India

PART 05: MARKET LANDSCAPE

• Online education market in India

• Market characteristics

• Market segmentation analysis

PART 06: MARKET SIZING

• Market definition

• Market size and forecast 2016-2021

PART 07: FIVE FORCES ANALYSIS

PART 08: MARKET SEGMENTATION BY PRODUCT

• Segmentation by product

• Comparison by product

• Online education market in India by content – Market size and foreca

….Continued

 

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