Indian EdTech industry analysis: Online education sector to create $ 1.7 BN market by 2022

The 2019 National Education Policy (NEP) which seeks to address these challenges and extend the scope of RTE to students aged 3–18 years, recommended harnessing EdTech through app-based learning, online student communities, and lesson delivery beyond ‘chalk and talk’.

Serving as a crucial link between enrolment and enhanced learning outcomes, online education offerings across grades 1 to 12 are projected to increase 6.3 times to create a $ 1.7 BN markets by 2022. While the Post-K12 market is set to grow 3.7 times to create a $ 1.8 BN markets.

The report here speaks of opportunities for incumbent players as well as space for multiple new startups in the EdTech sector.