One of the biggest benefactors of technology has been the education sector. The marriage of technology and education has given the sector a whole new paradigm and made it accessible to anyone with an internet connection. In 2019, the education sector in India stood at $101.1 billion however the EdTech market stood at a mere $2.8 billion poised to grow to over $10 billion by 2025 with K-12 taking the biggest share of the market ($4.3 billion).
With a student base of 218 million, India plays a major role in the global education industry. The opportunities are vast, and start-ups are increasingly focusing and creating products aimed at disrupting the education sector using tech-based innovations. However, there are numerous challenges to effective implementation of EdTech. Only 27% of households in India have access to Internet and only 47% of households with Internet have access to a computing device. Which means only 13% of households can take advantage of the benefits of EdTech. This sheds light on a very important factor – the necessity for proper infrastructure for effective EdTech. For EdTech to reach remote areas, rural households must have proper internet connectivity which currently stands at only 28% of all rural households.
