Online education industry size is set to grow to $ 60 billion by 2021 from the present $ 20 billion.
With a network of over 1 million schools and 18,000 higher education institutions, India has one of the largest education systems in the world with a network of more than 1 million schools and 18,000 higher education institutions. Over half of the country’s 1.2 billion population falls in the target market for education and related services.
Online education is the new revolution in the sector. It is easy when it comes to education for the working professionals and is more convenient compared to instructor-led classroom training. The broadband market is also growing consistently. This growth is directly proportional to the increase in connectivity, thereby enabling people to consider online education more seriously. Even the government has begun to recognise online MBA programmes.
With access to computers increasing day by day, people from smaller towns such Ranaghat, Sardar Sahar, Tonk and Talipramba that have populations from some thousands to a few lakh are looking for online tools to update themselves and get access to certificate courses and degrees.
The Players offering online education are Edukart, Simplilearn, LoudCloud, etc.
The number of candidates in India going for the online option to up graduate their academic qualification is on the rise.