Revenues from the Indian eLearning offshoring industry stood at approximately
US$341 million at the end of calendar year 2008. While the economic recession will impact the growth in the industry for the next six to eight quarters, the market will recoup and grow much faster until 2012. Taking these factors into account, ValueNotes estimates suggest that the eLearning offshoring industry will grow at a CAGR of fifteen percent till 2012, though growth will be more subdued till 2010. ValueNotes estimates the market size to touch $603 million by the end of calendar year 2012.

Today, the Indian eLearning outsourcing industry consists of both, third-party providers and offshore delivery centres of international eLearning providers and consulting firms. Apart from pure-play eLearning firms, companies from fields such as IT, BPO, publishing, and domestic retail education have made a foray into the market, mostly in the last decade. Given the fragmented nature of the Indian industry, ValueNotes estimates that there are no more than 35 eLearning providers who have more than 100 employees. There are well over a hundred other smaller providers in this space.

ValueNotes has grouped the service providers in the Indian eLearning industry based on their service capabilities and maturity. The analysis has thrown up four distinct clusters, including the market leaders and the pioneers. It is their movements that will determine the strategic direction for the rest of the players in the industry in the next four years.

The report presents:

• the competitive landscape of providers in the eLearning space in India
• in-depth insights and analysis including:
• typical users of eLearning (including educational institutions)
• eLearning services that are typically outsourced / offshored by the user groups
• Indian service providers and their strategies for the future
• the competitive standing of India as an outsourcing destination
• key market trends in light of global opportunities and challenges - including the implications of the economic slowdown on the industry
• detailed profiles of 12 Indian providers of eLearning services
• current size (including revenues, where available; employees)
• service capabilities
• segment / region focus
• key clients
• strengths and concerns
• future strategy
• key management background