Trends that will give edtech a quantum leap in India in 2021

2020 has been a watershed year for the Education sector across the world but more so for India. Opens the doors for Technology to play a key role in creating more inclusiveness of higher education and shaping of new plans to enhance learning Birth of new EdTech players whereby the number of startups shot above 4500 New niche segments identified by players to cater to specific needs Growth that would have come in a few years got condensed to less than a year thereby boosting acceptance rather quickly Hiring in the EdTech sector far outpaced that in most sectors Higher Education and Reskilling will be in focus: We forecast that the year 2021 will be one where the Higher Education and Executive Education sectors will see massive growth on the back of need for re-skilling for employees across industry domains to ensure they stay ahead of the pack and due to the NEP2020 which allows Top 100 Universities based on NIRF rankings to offer Degrees online. NEP2020 and PM-WANI can revolutionise education and unlock India’s Demographic Dividend: The NEP 2020 and the PM -WANI has the ability to take very high-quality learning to the remotest parts of the country and lead to unlocking to India’s demographic dividend which has hitherto remained under a cloud due to lack of access to high quality learning from the best possible faculty and institutions. This could all change as faster connectivity and availability of high quality learning drives adoption of higher education and propels India’s GER to well in excess of the current 26.3% which is abysmally low. Technology courses to fuel demand besides Executive Education in traditional domains: We shall witness continued growth in demand for courses in Cybersecurity, Data Science, Blockchain, Machine Learning and Product Management besides courses in Strategy, Leadership, HR and Marketing.