Snapshot of the Edtech Industry

When we talk about Education Technology, we think of BJYUs or Educomp or something related to online education. The online education market in India stood at USD 247 million in 2016 and is expected to rise to USD 1.96 billion by 2021. Such a phenomenal growth will be backed by the rise in paid user base for online education in India, which is expected to rise to 9.5 million users from 1.57 million in 2016. This means a 52% CAGR
Now in order to reap the benefits of such an opportunity, the Ed-tech businesses in India need to act accordingly and become one of its main growth drivers.

The broad categories of Edtech Industry includes :

‌1. Primary and Secondary Supplemental Education

2. ‌Test Preparation

3. Reskilling and Online certifications

4. Higher Education

‌5. Language and casual learning

For a more extensive and detailed report on EdTech Industry, click here