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If I may ask, do you think the EdTech industry will boom or fall in the coming years? 🤔
If your answer is, it will boom. Bingo! It will explode in the coming years. 🤯
But if you’re skeptical about the EdTech industry growing, don't be! 😄 The EdTech market will reach $7.3 Trillion by 2025, while the global EdTech market is expected to grow at a rate of 130%, for 2022. 📈
And the best part, India is to become the EdTech capital of the world, with a whooping $4 Billion projected for 2025 and a CAGR of 39.77%. 😎
🔥 The Indian EdTech market is rapidly growing with key trends focusing on funding EdTech startups, gamifying the space with the rise of edutainment and a hybrid EdTech industry.
🚀 While the key drivers for the Indian EdTech space are leaning towards exponential growth of internet penetration in India, the K-12 category having a potential growth in the future and most importantly the government initiatives driving the Indian EdTech industry.
🤝 The road paved ahead for the Indian EdTech sector is pretty promising as technology rapidly advances, investors are interested in EdTech start-ups as they provide a high return on investment and quickly adapt to new technological concepts.
📑 The demand for EdTech firms among students and parents continues to increase as the post-pandemic situation boosts the need for remote learning. In response, the government has announced plans and systematic changes to improve the EdTech industry and enhance the remote learning experience for students.
📒 To know more about what the Indian government has in store for the EdTech sector for 2022, download our e-book and understand the necessary regulations, what the measures are, and how one must abide by them.
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Regards,
Neeraj Krishnamoorthy
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