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India's Edtech Market Will Touch $3.5B by 2022!!!

According to a report by Red Seer and Omidyar Network India, India's edtech market is projected to reach $3.5 billion by 2022. The report found that online education offerings across classes 1-12 are expected to increase 6.3 times by 2022 to $1.7 billion, while the post-K12 market will grow 3.7 times to $1.8 billion. The edtech user base in India doubled from 45 million to 90 million between 2019-2020, with a 83% increase in paid users from 2.5 million to 4.6 million. The COVID-19 lockdown also drove growth in the B2B edtech space as schools and colleges adopted more tech

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25 views1 page

India's Edtech Market Will Touch $3.5B by 2022!!!

According to a report by Red Seer and Omidyar Network India, India's edtech market is projected to reach $3.5 billion by 2022. The report found that online education offerings across classes 1-12 are expected to increase 6.3 times by 2022 to $1.7 billion, while the post-K12 market will grow 3.7 times to $1.8 billion. The edtech user base in India doubled from 45 million to 90 million between 2019-2020, with a 83% increase in paid users from 2.5 million to 4.6 million. The COVID-19 lockdown also drove growth in the B2B edtech space as schools and colleges adopted more tech

Uploaded by

sheersha kk
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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India’s edtech market will touch $3.5B by 2022!!!

• According to the report, online • A report by Red Seer and Omidyar


education offerings across Classes Network India has mapped the
1 to 12 are projected to increase growth in usage from 2019 to 2020
6.3 times by 2022, to create a $ 1.7
billion market. The post-K12 • A massive jump of 83% is noted in
market is set to grow 3.7 times to payed user base, from 2.5Mn to
touch $1.8 billion. 4.6Mn

• It revealed that edtech users - • This will create meaningful


both paid and free unique users - opportunities for incumbent
in K12 and post K-12 segment have players and space for multiple new
seen an increase, with the user startups
base doubling from 45 million to
• lockdown had spurred growth in 90 million • India is home to the second-
the B2B space where, unlike highest number
earlier, schools, colleges, and of EdTech companies (327)
tuition centres were aggressively
adopting tech-based solutions • According to World Economic
Forum (WEF), in 2019 India
• There also has been a 50 percent ranked 68th
increase in time spent, which among 141countries,
has gone up from 60 minutes to down 10 places from 2018
90 minutes
• The report also noted a 40
percent increase in willingness
to pay

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