India’s IT training and education market grows at 64%
There is good news for Indian IT Training and Education market. It is currently $656 million, and is growing at a Compound annual growth rate (CAGR) of 64%. However, the Indian IT e-learning market, which is currently $122 million is growing at a CAGR of 73%, said Navug Mohnot, CEO of India QAI.
Monhot further said that 29% of all IT training is on demand: e-learning, as it meets just-in-time training requirements, has maximum reach and no geographical boundaries, offers homogeneity and consistency in content which can be easily upgraded.
Understanding the need of the time, QAI has launched The Edista learning, an on-demand, web enabled curriculum that offers learner centric online. The launch of the Edista Institute in India aims at dealing with the fast growing software testing segment. The Indian software testing segment market was $2 billion and is expected to grow at $8 billion by 2008. Also, the size of the testing training market here is expected to grow at a CAGR of 50%.
Tags: Education, india, Technology