Online Education

The online education market in India currently stands at USD 247 million and is estimated to witness an 8x growth over the next 5 years to reach the USD 1.96 billion mark by 2021. This growth will be backed by a phenomenal rise in the paid user base for online education in India, which is expected to grow from the current base of 1.57 million users to 9.5 million users in 2021 at a CAGR of 44%. The growth of online education in India will be driven by a combination of demand, supply and macroeconomics drivers as indicated below .