India Edtech Market is Booming with a CAGR of 30.20% During 2024-2032

Written by Deepakmishra  »  Updated on: September 17th, 2024

India Edtech Market Overview

Base Year: 2023

Historical Years: 2018-2023

Forecast Years: 2024-2032

Market Growth Rate: 30.20% (2024-2032)

The India edtech market is booming, driven by tech adoption, digital learning, and increasing investment in educational technologies. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 30.20% from 2024 to 2032.

India Edtech Market Trends and Drivers:

The India education technology industry is growing, due in part to initiatives by the government that support online education. Digital learning technologies are getting adopted at a faster rate. COVID-19 has accelerated the transition to learning. The importance of strong online educational platforms is being highlighted. Digital India, along with other initiatives of the government and education reforms have created a favorable environment for Edtech firms.

India Edtech Market is fueled by the increasing cost of smartphones as well as the rising use on the web. Professionals and students are searching for customized educational content to boost their careers and increase their knowledge.

The Indian edtech industry is defined by the use of machine learning and artificial intelligence to build adaptive learning systems that can be specifically designed for each student. Augmented and virtual reality transform traditional methods of learning and allowing for more immersive interactivity and immersive experiences.

In response to the rising demand for STEM (Science technology, Engineering, Mathematics) and coding, a variety of platforms have been designed to focus on these fields. India Edtech's future is determined by hybrid learning models that blend offline and online learning. They are designed to meet a wide range of learners' preferences and requirements.

India Edtech Market Industry Segmentation:

The report has segmented the market into the following categories:

Breakup by Sector:

  • Preschool
  • K-12
  • Higher Education
  • Others

Breakup by Type:

  • Hardware
  • Software
  • Content

Breakup by Deployment Mode:

  • Cloud-based
  • On-premises

Breakup by End User:

  • Individual Learners
  • Institutes
  • Enterprises

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East and Northeast India

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

• Comprehensive mapping of the competitive landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact US:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

 


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