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According to the latest report by IMARC Group, titled "India E-Learning Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the India e-learning market is anticipated to exhibit a CAGR of 13.9% during 2022-2027. E-learning refers to an online learning solution that involves the utilization of the internet and smart devices. It offers structured courses that are delivered electronically using digital content, such as simulations, games, videos and pre-recorded or live lecture sessions. The demand for e-learning is gradually increasing across India due to the easy access to multiple courses in a cost-efficient manner. Additionally, it is extensively used across the corporate sector for providing training to employees in order to enhance their skills and knowledge.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
India E-Learning Market Trends:
The market in India is primarily driven by the penetration of high-speed internet connectivity. Coupled with rapid digitization across the country and the rising adoption of smartphones among students, this is creating a positive market outlook. In line with this, the rapid outbreak of coronavirus disease (COVID-19) and the subsequent lockdown restrictions have propelled the demand for e-learning across India. Additionally, numerous initiatives undertaken by the government of India for introducing distance education programs are significantly impacting the adoption of e-learning solutions. Moreover, continual technological advancements and the integration of cloud computing, virtual reality (VR) and augmented reality (AR) with e-learning platforms for improving the overall learning experience are contributing to the market. The market is further driven by the increasing collaboration between Indian and foreign universities for delivering online learning in an attempt to provide international exposure to students. Other factors, including the growing investments by key players for boosting academic flexibility and the widespread preference for microlearning among students for enhancing their logical and reasoning skills, are also positively influencing the market growth across India.
Market Summary:
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