India Online Test Preparation Markets, 2020-2024: Anticipated to Witness a Massive Growth of 39% CAGR – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “India Online Test Preparation Market By, by Test Type, by Device Preference by Payment Period, by Company, by Brand, by Mode, Overview, 2020-2024” report has been added to ResearchAndMarkets.com’s offering.

This report presents the thorough analysis of online Test Preparation Market of India. The Online Test Preparation Market in India is growing with the CAGR of 39% over the forecasted period in value terms.

Nowadays, Education of India is improving day by day, which reflected the high competition between the people for getting best education for higher studies or secure job.

So many competitive exams are conducted every year in India for higher studies or job related. People are more looking to find the convention way to prepare for these exams without disturbing their routing life. There is huge demand for the online test preparation platform which provides the learning in their convenience time and place.

Government and Civil Services exam preparation are dominating the market with more than 50% share combined from the total online test preparation market.

Students are driven by instantaneous results and flexibility whereas professionals are driven by convenience factor there for in device preferences mobile/ tablet are hold approx 60% in value share. Course fees of competitive exam are to low compare to other courses, there for generally users are preferred to pay their fees in onetime payment. As the working people are also prepared for various exams, digital payment is high contribution in payment mode. Now, brand is more targets to provide free mock test to attract the user.

Growth factors for this market are the user learns from the best faculties all over the nation. Especially, beneficial to students staying in rural areas that they can have only one or two educational facilities, which most of the time offer limited course and programmes options for students.

Major Companies and Their Apps

• Grade Stack Learning Private Limited – Gradeup
• Test Book Edu Solutions Private Limited – Test Book
• Neostencil India Private Limited – Neostencil
• Olive Board Comptech Private Limited – Olive board
• Ankalan Web Solutions Private Limited – Top Rankers
• Edukriti Learning Solutions Private Limited – Careers360

Considered in This Report

• India Demographics Summary
• India Education Overview
• Base Year: FY 2018-19
• Estimated Year: FY 2019-20
• Historical Year: FY 2014-15 to FY 2017-18
• Forecast Year: FY 2023-24

Aspects Covered

• India Education Overview
• India Online Test Preparation (Value, Volume), with analysed historical and forecasted.
• Exam/Test wise segmentation of courses
• Device preferences for Online test Preparation Learning
• Detailed analysis on payment mode and payment period
• Opportunities and challenges observed in the market
• Ongoing trends
• Five forces
• Profiles of top performing companies
• Market recommendations

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. India Demographics Summary

4. India Education Overview

4.1. India Primary and Secondary Enrolment

4.2. India Higher Education Enrolment

4.3. India Distance Learning Enrolment

5. India E-Learning Market Outlook

5.1. Market Size

5.1.1. By Value

5.1.2. By Volume

5.2. Market Share

5.2.1. By Category By Value

5.2.2. By Category By Volume

5.2.3. By Device Preference (Mobile/ Laptop)

5.2.4. By Payment Period

5.2.5. By Payment Mode

6. Online Test Preparation Market Outlook

6.1. Market Size

6.1.1. By Value

6.1.2. By Volume

6.2. Market Share

6.2.1. By Test Courses Type

6.2.2. By Tiers

6.2.3. By Device Preference

6.2.4. By Payment Period

6.2.5. By Payment Mode

7. Economic Snapshot

8. Company Profiles

8.1. Grade Stack Learning Private Limited

8.2. Test Book Edu Solutions Private Limited

8.3. Neostencil India Private Limited

8.4. Olive Board Comptech Private Limited

8.5. Ankalan Web Solutions Private Limited

8.6. Edukriti Learning Solutions Private Limited

For more information about this report visit https://www.researchandmarkets.com/r/hqscd

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