India Online Education Market Will Worth Around $1.96 Billion By 2021: Google-KPMG Report
The online education industry in India is poised to grow eight times to become a USD 1.96 billion industry by 2021 as an increasing number of students consume content through e-routes.
According to a report by Google and KPMG, the paid user base is also forecast to grow 6X from 1.6 million users in 2016 to 9.6 million users in 2021.
The report titled Online Education in India: 2021 is based on market research and insights from Google search.
It found that over the last two years, there has been a 2X growth in online searches for education and a 3X increase in searches made from a mobile device. About 44 per cent of education-related searches came from beyond the top six metros.
Also, there has been a 4X growth in education content consumption on YouTube in the last one year, th...