India benefits as a young
country with expanding economic opportunities faster than most other large
economies. Our white-collar employment is growing @ 10% CAGR poised
to reach from 18M to ~30M employees over FY20-25.
According
to a PGA Labs research, 60% of these working professionals would seek some form
of upskilling or skill development, especially in upcoming domains like Web
3.0, Metaverse, etc.
Leading
HigherEd platforms in India are offering tailor-made courses focussing on
upskilling needs including short-term courses, diploma courses and degree
courses in a variety of formats such as live-classes, video-based series, long
cohort-based courses, and other educational resources.
While
market leaders are addressing this need-gap through diverse offerings, several
whitespaces continue to exist across the learning journey requirements.
Authored by (at the time of writing):
Vaibhav Tamrakar, Senior Vice President - PGA Labs