India Career Skilling Market, India Career Skilling Industry, India Career Skilling Market Revenue, India Career Skilling Market Major Players: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Need for Career Skilling Market Landscape in India The need for Career Skilling platforms among graduates and Working Professionals is continuously growing over the years in the country. Pain Points of fresh graduates, newly recruited individuals, Colleges and Employers highlighted the need for skilling required to secure desired jobs in the future. ~% of the students is currently looking for a job in India and ~% of the students will look for a job after completion of their course. Lack of course comprehensiveness and career counseling at college level made it difficult for the students to perform the key responsibility areas at the companies they have been recruited. Students get limited guest lectures and workshops through college authorities which made it difficult for them to make relevant career choices. Disappointments from Employers: Employers are facing continuous challenge of attitude, skill and knowledge misalignment which resulted in high attrition rate of over ~% in hired entry level recruits due to expectation mismatch. ~% employers in 2020 felt the gap in Talent available vs Talent Employable as industry requirements are moving at a rapid pace and academic Curriculum often tries to chase them rather than becoming proactive. Placement process in colleges is also not being professionally managed & prioritized and is usually handled by faculty rather than hired seasoned professional. Tier 2, 3 & 4 colleges recorded poor placement ratio of ~% in India. Working Professionals: ~% of working professionals are looking for a job change as most of these candidates latched on to the first option as they are often unaware of their career path or what kind of jobs match their skill set and end up taking the first job offered to them. In this dynamic technology times, Working Professionals require constant up-skilling to stay relevant and to effect career transitions and internal career growth. They make around 2-3 career hops within first 5 years of working span to reach their desired job roles. Government launched various initiatives and skill programs to bridge professional knowledge and skill gap among Students and Working Professionals wherein they planned on training ~Mn people by the end of 2022. In order to solve the problem through the integrated platforms and their programs, government required private career skilling platforms companies to extend their support to bridge the targeted gap. Shortage of Employable talent (Students) resulted in demand for career skilling platform to make them employable. Skill Needs by Sector Skill needs are evolving among various sectors in the country wherein ~Mn jobs are created every year for entry level professionals. Demand-Supply Gap Online Education Market Landscape, India The India Online Education Market that include Test Preparation, Language and Casual Learning, K-12 Online Market, Higher Education and Professional Skilling market is valued at INR ~ Cr in 2019. Professional Skilling Market Segmentation Technical skills segment dominate the market with ~Cr revenue in 2019 and remaining accounted by Soft Skills domain. COVID-Impact on Online Skilling Landscape Strong Rise in Demand for Online Courses were seen from Working Professionals & Graduates as flexibility in working hours allowed additional time for career skilling among individuals. Skilling Companies recorded strong growth during this period. Revenue of UpGrad increased by ~%, Udemy by ~%, Great Learning ~% and SimpliLearn by ~% during March-April Lockdown period. Snapshot of GIG/Freelancing Industry Need for Career Skilling Market Landscape in India India is the leading country in the Online Labor Market with ~% share at global level in terms of workforce. A GIG Worker generally takes ~Months to choose a career skilling platform to enhance existing their skill sets. Sector Wise Hiring by Sectors Survey Analysis- Job Seekers (Graduate) Survey Analysis- Working Professionals (0-1 Year) Preference of Career Skilling Platforms Survey Analysis- Employers Survey Analysis- Colleges Key Segments Covered:- Demand Supply Gap (Number of Job Seekers and Jobs Available) Target Addressable Market Service Addressable Market Service Obtainable Market Online Ed-Tech Market (Revenue) Higher Education Professional Skilling Technical Skills Soft Skills By Sectors (Employment Workforce) IT & ITES Retail & FMCG Pharma & Healthcare BFSI Manufacturing Automobile Telecom & Allied BPO, KPO Others Companies Covered:- Major Companies Eruditus & Emeritus NIIT Simplilearn Upgrad Great Learning Talentedge Coursera Jaro Education Edureka Hughes Global Education Talent Sprint Imarticus Learning Udacity Edx Harappa Mentorica Key Target Audience:- Career Skilling Companies Professional Skilling Companies Ed-Tech Companies Independent Investors Government Ministries Industry Associations Universities Corporate Training Companies Venture Capital Firms For More Information on the research report, refer to below link:- India Career Skilling Market Related Reports:- Working Professional & Ed-Tech/University Paradigm Analysis for Online Up-skilling/Re-Skilling Programs during COVID-19 period India Ed-Tech Driven Career Programs Market Outlook to 2025 – Increasing Technological Capabilities of Ed-Tech Companies to Increase Program Enrolments and Spend in Future Australia Executive Education Market Outlook to 2024 –Driven by Rising Popularity of Online Education and Launch of Innovative Programs Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Accounting Role Function Skills India, BPO Sector Future Workforce India, Career Skilling Industry In India, Career Skilling Market In India, Coursera Career Skilling Market Size, Covid-19 Impact India Career Skilling Industry, Covid-19 Impact India Career 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