The ‘Trends and opportunities in the online learning market’ report is the first in a series of knowledge leadership initiatives from Schoolguru Eduserve to curate an ongoing discourse on the state of Open and Distance Learning in India.
According to the report, the enrollment to Online Degree/ Diploma Program will witness a 14.5% CAGR growth and will reach 63.63 lacs by 2022. As per the study, the positivity is not limited to formal higher education alone; in fact, the entire gamut of online education eco-system which consists of degree/diploma programs and re-skilling programs will see an exponential growth. The total enrollment in online education is estimated to grow at 33.6% CAGR and cross 2.12 crore by 2022. The online re-skilling and certification market (for the repair and upgrade) is expected to touch INR 3,333 crore by 2022.