According to the latest market research study released by Technavio, the distance learning market in India is expected to grow at a CAGR of close to 2% during the forecast period 2016-2020.
This market research report by Technavio provides an in-depth analysis of the market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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Technavio research analysts categorize the distance learning market in India based on product type:
Distance learning market in India shares by product type 2015
|
Traditional Distance Learning |
80.41% |
|
Online/Blended Distance Learning |
15.88% |
|
Certifications and Part-time Courses |
3.71% |
Source: Technavio
Traditional distance learning market
The traditional distance learning market in India will grow at a CAGR of almost 8% by 2020. These are distance learning programs offered by the Indira Gandhi National Open University (IGNOU), state open universities, and correspondence course institutes. The colleges and universities use traditional methods of delivering education like printed material and offline examinations at various centers across the country. The UGC accreditation makes these programs credible and ensures employability for students. These courses are low-cost programs that appeal to the mass population in India, especially to the students from the rural areas. This method of teaching provides students the opportunity to interact with the course coordinator to solve doubts and queries. The vendors are also focusing on developmental activities to improve the delivery of distance learning with the use of audio-video media, broadcast on radio and educational TV channels, teleconferencing, video conferencing, and face-to-face counseling. The introduction of innovative pedagogical methods that include case studies, pre-recorded CDs, and projects will propel the growth of this market segment during the forecast period.
“The government of India is taking initiatives to provide strategic funding assistance to state higher educational institutions to increase the number of programs offered by these organizations. It was estimated that more than 77% students enrolled in distance learning courses for bachelor’s degree programs with that mostly included three-year B.A., B.Com., and B.Sc. degrees. Traditional distance learning is a convenient and cost-effective option available for students across the country who cannot afford higher education in regular colleges,” says Jhansi Mary, a lead analyst at Technavio for research on K12 and higher education.
Online/blended distance learning market
The online/blended distance learning in India will grow at a CAGR of close to 14% by 2020. Improvements in a number of devices, ICT infrastructure, and the use of social media in education will fuel the growth of this market segment during the forecast period. The leading universities offering degrees and diploma are Symbiosis Centre for Distance Learning (SCDL) and Sikkim Manipal University. The vendors are using advances in technology to address the needs of students in multiple locations in real-time and provide specialized courses. The vendors are also introducing innovative systems for the delivery of online learning is the application of LMS, like Blackboard, for content-sharing. MOOCs is the dominant mode of providing online education, and the players are focusing on launching SPOCs during the forecast period.
Certifications and part-time courses
The certifications and part-time courses in India will grow at a CAGR of around 39% by 2020. These courses are primarily structured to cater to the working professionals who are eager to enhance their skills sets. Companies like EduKart, Simplilearn, and TalentEdge provide centralized access to different courses for learners and are also a library for certification courses developed by reputed institutes and companies. This type of distance learning offers the students various options for courses provided by both national and international institutes.
The top leading vendors operating in the distance learning market in India are:
- EduKart
- Indira Gandhi National Open University (IGNOU)
- SchoolGuru
- Symbiosis Centre for Distance Learning (SCDL)
Other prominent vendors in the market include Avagmah, DLP India, Edureka, EMERITUS Institute of Management, Hughes Global Education, Sikkim Manipal University, TalentEdge, University18, University of Delhi, and UpGrad.
A more detailed analysis is available in the Technavio report titled, ‘Distance Learning Market in India 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Cloud-based Virtual Learning Platform Market 2016-2020
- Professional Online Courses Market in India 2016-2020
- Global Interactive Projectors Market 2016-2020
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