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Online higher education sector to be worth $5 billion by FY25: Report

This will be a ten-fold growth from an industry size of $500 million in FY20

online, education, digital, technology, teachers, professors
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Online higher education players like Great Learning too are bullish about the trends and agree with the RedSeer analysis.

Vinay Umarji Ahmedabad
If the implementation of the latest National Education Policy (NEP) 2020 goes as planned, the move is set to open up several opportunities for online higher education. With the policy paving way for more formal education and skill development, an analysis by RedSeer Management Consulting has found that the online higher education and lifelong learning will be a $5-billion opportunity by financial year (FY) 2024-25. This will be a ten-fold growth from an industry size of $500 million in FY20.

The RedSeer Analysis juxtaposes growth of online higher education and lifelong learning on the potential growth in higher education among