Education
@ZibiGroup
Due to factors including rising disposable incomes, a growing worldwide population, and increased awareness of the value of education, the global education sector is expected to develop significantly.
Government, parental, individual, and corporate spending on education and training is estimated to surpass USD $10 trillion by 2030, continuing its historic growth.
Market size:
The Indian education market is projected to reach INR 360 billion by 2024, driven by the rise of online learning. Key segments like online test preparation and reskilling are expected to see rapid growth, with online test prep set to reach INR 94.75 billion. This surge is fueled by the growing demand for career-focused education, improved digital infrastructure, and shifting consumer preferences towards digital platforms
Challenges:
⦿ Skilled workforce shortage
⦿ Affordability
⦿ Adapting to change
⦿ Measuring learning outcomes