India Online Test Preparation Market 2024

Market Reports on India Provides the Trending Market Research Report on “India Online Test Preparation Market By, By Test type, By Device Preference, By Payment Period, By Company, By Brand, By Mode Overview, 2020-2024”under Information Technology Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

The report titled "India Online Test Preparation Market By ( Value, Volume ), By Test type ( Government Service, Civil Services, Banking, Engineering, Medical, GMAT/MBA, Others ), By Device Preference ( Mobile/Table, Desktop/Laptop ) By Payment Period( One-time payment, Instalments ), By Company, By Brand ( Gradeup, Test Book Etc. ), By Mode ( online, offline ), Overview, 2020-2024" presents the thorough analysis of online Test Preparation Market of India. 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. Therefore, Online Test Preparation Market is growing with the CAGR of 39% for forecasted Periods in value terms. Government and Civil Services exam preparation are dominating the market with more than 50% share combined from the total online test preparation market.

Market Developments

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The Test Preparation market is segmented based on exam type, which are government Service, civil Services, banking, engineering, medical, GMAT/MBA and other national & state government exam. Also report covers the tier wise test preferences choose by the user. So the brands focused for course offering for particular Tier. 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 factor for this market are user learn 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 its App:

• 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 in the report:

• 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

Segments covered in the report

By Exam/Test wise Segment:

• Government Service

• Civil Services

• Banking

• Engineering

• Medical

• GMAT/MBA

By Device Preferences:

• Mobile/Tablet

• Desktop/ Laptop

By Payment Period:

• One-time payment

• Instalment

By Payment Mode:

• Cash/ cheque

• Digital

Approach of the report:

The information contained in the report "India Online Test Preparation Market By ( Value, Volume ), By Test type ( Government Service, Civil Services, Banking, Engineering, Medical, GMAT/MBA, Others ), By Device Preference ( Mobile/Table, Desktop/Laptop ) By Payment Period( One-time payment, Instalments ), By Company, By Brand ( Gradeup, Test Book Etc. ), By Mode ( online, offline ), Overview, 2020-2024" are obtained from complete analysis through secondary and primary research. Secondary research includes the information obtained from third party source, various press releases, government generated reports, data's from government databases, company annual reports and listing down the major companies present into the market. After gathering the data's from secondary sources primary research was conducted by making telephonic interviews to the local players about how the market is functioning at the ground level and verifying the details obtained from secondary sources. After completion of all the research process value data of the market were analysed and forecasted for the future years.

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Key words: India, E-learning , Test Preparation, online courses, Digital payment, Government Exam, IBPS, SSC, CGL, Indian Railway, NEET, JEE, Banking, Competitive Exam, Results, Digital Payment, Mobile learning, M- learning, Mock test , Free Mock test.

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