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Online higher education, lifelong learning mkt to hit $5bn by 2025: Redseer

Relaxation in rules governing degrees, supply-side capacity gap will be key drivers of this growth, going forward

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The market for online lifelong learning also will expand further with “further push after Covid as the economic uncertainty further establishes the need for continuous learning,” the report noted

Peerzada Abrar Bengaluru
Online higher education is emerging as the fastest-growing sub-segment of edtech, according to a report by consulting firm RedSeer. According to their findings, the online higher education and lifelong learning market is poised to reach about $5 billion by calendar year 2025.

Relaxation in regulations governing degrees is one of the causal factors that is driving this growth forward. Thanks to this, edtech companies can now partner with universities to offer online degrees. The unbundling of courses and democratisation of access unquestionably boosts the demand for online higher education and also increases the completion rate. Another growth driver is the supply-side

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First Published: Mar 25 2022 | 3:31 PM IST

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