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India's online higher education market to grow 10x in next 5 years
TIWN
India's online higher education market to grow 10x in next 5 years
PHOTO : TIWN

New Delhi, May 17 (TIWN) Buoyed by the continuous remote learning amid the pandemic, the online higher education market in India will grow 10 times over the next five years to reach $5 billion by the financial year 2025, a new report said on Monday.

The market will grow driven by new reforms set forth, including the increase in public spending (targeted at 6 per cent of the nation's GDP), relaxation in regulations governing degrees, supply side capacity gaps, need realisation among students and professionals and transition to credit system, according to Bengaluru-based market research firm RedSeer.  Edtech was one of the main sectors which saw a huge boost after the pandemic.

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