Priority markets

India first. Thirty markets. Education, entertainment, and commerce.

Quantavex

Priority markets

India first, then the high-economy corridor. India’s field capture sits above the global one. Click a country for the 2026 size. Market structure — not a company figure.

Home

India

Core expansion

9

Full corridor

30

Domain size

Thirty countries. Three fields.

Click a country. Education, entertainment, and commerce each show their published 2026 size. Same source, same year, so the countries compare. This is market understanding, not a company figure.

Global market size

EdTech · entertainment · commerce. Industry scale, not company revenue.

$8T+
Combined TAM
EdTech
$400B
Entertainment
$2.8T
Commerce
$6T

India field capture

Who holds the three fields in India

Same three niches, India only. Each chart is a published Indian share, with the percent on the row. Quantrion, Vdoc, and ExoraX sit under the field they belong to. Their hold of India is zero.

Education

2.9%

held by 2 players in India

Share of India’s online-education field, the 2026 figure already on this page.

  • Physics Wallah1.9%
  • Unacademy1%
  • Rest of the field97.1%

Quantrion · major difference

Those two sell lectures and test series. Quantrion is an exam intelligence engine: it diagnoses the gap, adapts the sequence, validates it on a mock, and predicts the sitting.

Our hold of this field: 0%

FY24 revenue, converted at ₹83 per dollar: Physics Wallah ₹1,940.4 crore, Unacademy ₹1,044 crore. Divided by India’s 2026 online-education field on this page, $12.17 billion. Physics Wallah later described its online penetration as about 2% of India’s online education market. Rounded to 0.1. BYJU’S has no reliable FY24 share.

Entertainment

95%

held by 6 players in India

Share of streaming engagement in India, Q4 2025. Not subscribers, not revenue, and not all entertainment.

  • Prime Video25%
  • JioHotstar21%
  • Netflix18%
  • Apple TV+17%
  • Zee59%
  • SonyLIV5%
  • Other platforms5%

Whole field

Share of all Indian media and entertainment revenue — video, games, music, cinema, books, and press.

  • Digital media32.1%
  • Television27.1%
  • Print10.4%
  • Online gaming9.3%
  • Cinema7.5%
  • Animation, live events, outdoor, music, and radio13.6%

Vdoc · major difference

Those apps store a catalog and play it. Vdoc is an entertainment operating system: you speak, enter a world, and the world changes with you across film, series, game, and story.

Our hold of this field: 0%

JustWatch India, Q4 2025, rounded to the nearest percent. The shares are viewer engagement on JustWatch — watchlists, clicks, and titles marked seen — from about 16 million users. FICCI-EY, calendar 2024: Indian media and entertainment was ₹2.5 trillion. Digital media ₹802 billion, television ₹679 billion, print ₹260 billion, online gaming ₹232 billion, filmed entertainment ₹187 billion. The remainder is animation, live events, outdoor, music, and radio.

Commerce

69.3%

held by 3 players in India

Share of India’s online sales of physical goods, 2024.

  • Flipkart32.1%
  • Amazon28.3%
  • Meesho8.9%
  • Everyone else30.7%

ExoraX · major difference

Those three win the shelf and the checkout. ExoraX is decision commerce: it reads intent, lets the shopper inspect the product in 3D and AR, and closes the gap between the listing and the thing that arrives.

Our hold of this field: 0%

CLSA, as reported by Business Standard in April 2025. Shares of India’s e-commerce GMV as of 2024: Flipkart 32.1%, Amazon 28.3%, Meesho 8.9%. Everyone else is 30.7% so the bar totals 100. Online goods, not a Quantavex figure.

Global field capture

Who holds education, entertainment, and commerce

Each chart is the published share of that field worldwide. The percent sits on the row. Quantrion, Vdoc, and ExoraX are named under the chart they belong to. Their hold today is zero. The difference is the product.

Education

1%

held by 3 players worldwide

Share of the online-education field across these 30 priority countries.

  • Udemy0.4%
  • Duolingo0.4%
  • Coursera0.3%
  • Rest of the field98.9%

Quantrion · major difference

Those three sell courses and practice. Quantrion is an exam intelligence engine: it diagnoses the gap, adapts the sequence, validates it on a mock, and predicts the sitting.

Our hold of this field: 0%

FY2024 reported revenue: Udemy $786.6M, Duolingo $748.0M, Coursera $694.7M. Divided by the 2026 online-education field of these 30 countries, $209B, summed from the Statista figures on this page. Worldwide revenue on a corridor field overstates each share. Rounded to 0.1.

Entertainment

54%

held by 3 players worldwide

Share of paid streaming revenue. Not a share of all entertainment.

  • Netflix, Prime Video, Disney+54%
  • Every other streaming service46%

Whole field

Share of all entertainment and media — video, games, music, cinema, books, and press.

  • Video games7.5%
  • OTT video6.6%
  • Cinema1.1%
  • Music, books, TV, live, ads, and the rest84.8%

Vdoc · major difference

Those platforms store a catalog and play it. Vdoc is an entertainment operating system: you speak, enter a world, and the world changes with you across film, series, game, and story.

Our hold of this field: 0%

Dataintelo, 2025: Netflix, Amazon Prime Video, and Disney+ together an estimated 52–55% of global paid-streaming revenue. The bar uses the midpoint, 54. Their separate percents are not published on one basis, so they stay one bar. PwC: the whole industry edged toward $3T in 2024; video games $224B, OTT $199B, cinema box office $33B. Netflix FY2024 revenue of $39.0B is about 1.3% of that whole field.

Commerce

65%

held by 5 players worldwide

Share of global online sales of physical goods.

  • Amazon20%
  • Alibaba19%
  • PDD Holdings11%
  • JD.com8%
  • Shopify7%
  • Everyone else35%

ExoraX · major difference

Those five win the shelf and the checkout. ExoraX is decision commerce: it reads intent, lets the shopper inspect the product in 3D and AR, and closes the gap between the listing and the thing that arrives.

Our hold of this field: 0%

Goldman Sachs Global Investment Research, 2023 pure-play online sales. Published point estimates: Amazon 20%, Alibaba 19%, PDD 11%, JD.com 8%, Shopify 7%. The same note puts the five together at 63%. This chart keeps the point estimates and leaves 35% so the bar totals 100. China platforms in that note are returns-adjusted.

Operations

Entry sequence

India first · 30 markets

Loading geography

Corridor

01 · India

  • Education$12.17B
  • Entertainment$39.60B
  • Commerce$77.66B

Manifest

Expansion graph · G = (V, E)

Geometry of the entry plan. Nodes are markets. Edges are corridor hops. Distance is great-circle from HQ. Not live traffic.

Markets

30

Hops

28

Mean hops

2.00

Max d(HQ)

15,094 km

IND