About the Professional Online Courses Market in India
Professional online courses are gaining popularity among learners in India. The emphasis put on technical education is fostering the market growth. These courses are mainly beneficial for learners who have to discontinue formal education. Traditional methods of classroom teaching, wherein classes are conducted in physical premises, demanded learners to take out time from their busy schedules. This acted as a trade-off to manage their routine work and studies accordingly. With the emergence of online courses and trainings, learners can continue with their profession and studies simultaneously.
Technavio’s analysts forecast the professional online courses market in India to grow at a CAGR of 22.05% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the professional online courses market in India for 2016-2020. To calculate the market size, the report considers the revenue generated from online professional courses and training programs. Online distance education programs provided by traditional universities are also included.
The market is divided into the following segments based on end-users:
Technavio Announces the Publication of its Research Report – Professional Online Courses Market in India 2016-2020
Technavio recognizes the following companies as the key players in the Professional Online Courses Market in India: AnalytixLabs, Jigsaw Academy, Manipal Pro Learn, NIIT, and Simplilearn Solutions.
Other Prominent Vendors in the market are: Aonlinetraining, Cisco Systems, Edvancer Eduventures, Edureka, Ivy Professional School, James Lind Institute, NIVT, and OrangeTree Global.
Commenting on the report, an analyst from Technavio’s team said: “The training institutes are developing professional courses while taking into consideration the requirements of individual learners. Earlier, institutes focused on the individual learners such as employees and students. The emphasis laid by colleges and universities to churn out employable students with updated industry skills and knowledge have increased the demand for professional courses. These educational institutions are procuring training classes and courses content to provide their students an edge over other when they enter the marketplace.”
According to the report, employees continuously seek opportunities to enhance their skills to ensure sustained employability as per international standards. Proliferation of online professional courses is targeted to acquire key skills. Vendors are coming up with new course models, such as blended learning programs and virtual classrooms, to attract more learners. Further, strategic collaboration with industry leaders is also increasing enrollments. All these factors indicate the emphasis on skills developments are organizational and institutional levels.
Further, the report states that employability prospects are a major concern among learners who pursue professional online courses. They evaluate courses on the basis of the ROI attached to it. Most reputed employers prefer to hire graduates from top tier institutes that conduct regular courses. This is because the skill sets of the students passing out from these institutes match the companies' requirements.
AnalytixLabs, Jigsaw Academy, Manipal Pro Learn, NIIT, Simplilearn Solutions, Aonlinetraining, Cisco Systems, Edvancer Eduventures, Edureka, Ivy Professional School, James Lind Institute, NIVT, OrangeTree Global.