Business News
Messe Stuttgart enters India to elevate the Education, Edtech and Skill Development sector in Asia; adds DIDAC India to its Education Portfolio
Nov 04, 2023
New Delhi [India], November 4: Messe Stuttgart, one of the world's pioneer trade fair and exhibition companies announces its strategic partnership with the India Didactics Association to strengthen Asia's promising education, edtech, and skill development sector. As per a Business market insights report, the EdTech and smart classroom market in APAC is expected to grow from US$ 17,692.4 million in 2019 to USD 64,353.4 million by 2027; it is estimated to grow at a CAGR of 17.5% from 2020 to 2027. KBV research also highlights the huge potential of Asia Pacific Education Technology Market which is expected to witness market growth of 16.3% CAGR during the forecast period (2022-2028). India is the second largest market for e-learning after the US with a market size of USD 6 billion, and is expected to grow to $10 billion by 2025. K-12 leads the market in terms of sector-wise growth at USD 2.7 billion, followed by College and Upskilling. Considering the huge growth potential Messe Stuttgart has partnered with the India Didactics Association to host DIDAC India, the nation's premier trade fair dedicated to Technology, Services, and Resources for the education and skills sector. Starting from the 14th edition in 2024, Messe Stuttgart India will assume the responsibility of organizing and elevating this esteemed event, ushering in a new era of educational innovation and excellence.
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