The online education industry in India will grow at a healthy rate of 8X to become a USD 1.96-billion industry by 2021, reveals a joint report of Google and KPMG. The study, which captured the growing influence of the Internet on the education industry in India, is based on a comprehensive market research conducted by KPMG, along with primary research combined with insights from Google search. The report finds that the paid user base will grow 6X from 1.6 million users in 2016 to 9.6 million users in 2021.
The report titled “Online Education in India: 2021” released jointly by Google and KPMG recently reveals that over the last two years, there has been a 2X growth in online searches for education and a 3X growth in searches from a mobile device. Also, 44% of the education searches are now coming from beyond the top six metros and there has been a 4X growth in education content consumption on YouTube in the last one year.
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