You are on page 1of 13

Future of EdTech

industry in India
MADE BY GROUP A02:
Alina Shaikh
Aniket Kumar
Abhinav Srivastava
Gunjan Patil
EdTech, short for education
WHAT IS technology, refers to new
technological implementations in
EDTECH ? the classroom.

EdTech (a combination of "education"


and "technology") refers to hardware and It is the systematic application of
software designed to enhance teacher-led technology in the field of
learning in classrooms and improve education to foster the learning

2
students' education outcomes. process

The goal of EdTech is to improve


student outcomes, enhance
individualized education, and
reduce the teaching burden on
instructors.

Future of EdTech industry in India


EVOLUTION OF EDTECH IN INDIA

3
Phase One: Phase Two:
Phase Three:
Setting up an Technology in Phase Four: It’s
Not Content, but
Education Education a New Phase of
Marketing
System Becomes the Edtech in India
Drives Education
Buzzword

FutureofofEdTech
Future EdTechindustry
IndustryininIndia
India 3
WHY IS EDTECH BOOMING IN INDIA?
#1 Digitalisation

#2 Data affordability

Government Initiatives (SWAYAM,


#3
  Diksha, e-pathshala)

4
#4 Limitations with traditional education
system

#5 Massive reach (even in rural areas)

#6 Interest of Investors (massive


fundings)
FutureofofEdTech
Future EdTechindustry
IndustryininIndia
India 4
MAJOR PLAYERS IN EDTECH
INDUSTRY
BYJU’S
VEDANTU
UPGRAD
 
UNACADEMY

5
GREAT LEARNING
WHITE HAT JR.
TOPPR

FutureofofEdTech
Future EdTechindustry
IndustryininIndia
India 5
REVENUE & MARKET DISTRIBUTION
Company Byju’s Unacademy UpGrad Vedantu Toppr
Revenue in FY 20 $24.34 bn $0.86 bn $1.63 bn $0.24 bn $0.84 bn

 
MARKET SHARE FY 20

6
Byju's
Unacademy
UpGrad
Vedantu
Toppr

FutureofofEdTech
Future EdTechindustry
IndustryininIndia
India 6
DOMESTIC vs INTERNATIONAL
MARKET
INDIAN MARKET INTERNATIONAL MARKET

Edtech Industry market size in India was valued Edtech Industry market size was valued at USD
at USD 2.9M in 2019 10.80B in 2019

7
It is expected to reach USD 10.4B by It is expected to reach USD 605.4B by
2025. (CAGR 34.77%) {Source: Inc 42} 2027. (CAGR 15.52%) {Source: Global
Outlook Forecast}

The US has the highest number of EdTech


India is the second-highest number of enterprises, with 43% (1,385) of all EdTech
EdTech companies (327). company headquarters being based in the
US.

India has attracted the attention of investors around


the world. It was able to receive $16.1B in VC Followed by Brazil (275), the United Kingdom
investment, a 32x boost from the 500M it received in (245) and China (101).
2010. {Source: Business India}

FutureofofEdTech
Future EdTechindustry
IndustryininIndia
India 7 7
TRENDS INFLUCING THE GROWTH
OF EDTECH INDUSTRY

ARTIFICIAL BIG DATA LEARNING BLOCKCHAIN


INTELLIGENCE ANALYTICS
 

8
E-LEARNING SMART VR/AR
GAMIFICATION PLATFORMS DISPLAYS LEARNING

FutureofofEdTech
Future EdTechindustry
IndustryininIndia
India 8
IMPACT OF COVID ON EDTECH
INDUSTRY
1 3

Provided a Initiatives taken


significant push to   by the

9
the sector Government
Increased pace of
Boosted innovation
digitalization in
and investment
education

2 4

FutureofofEdTech
Future EdTechindustry
IndustryininIndia
India 9
CHALLENGES FACED BY EDTECH
INDUSTRY
Poor Accessibility and Absence of Training for
Inadequate Infrastructure Online Preparing

10
Online Learning and Different Mentalities of
Acceptance Issues Online Students

09/07/2022
Future
Future ofofEdTech
EdTechindustry
IndustryininIndia
India 10 10
MANAGEMENT MODEL
AWARNESS

REINFORC
E-MENT
DESIRE
 
ADKAR

11
CHANGE
MODEL

ABILITY
KNOWLE-
DGE

FutureofofEdTech
Future EdTechindustry
IndustryininIndia
India 11
CONCLUSION

12
Future of EdTech Industry in India
THAN
K
YOU

Future of EdTech industry in India 13

You might also like