The India school market size reached US$ 48.9 billion in 2023. The market is projected to reach US$ 125.8 billion by 2032, exhibiting a growth rate (CAGR) of 11.1% during 2023-2032.
India holds an important place in the global education industry with around 1.55 million K-12 schools and a student base of 218 million. The Indian school system can be segmented in various categories according to the level of education provided such as preschool, primary, middle, secondary and higher secondary. On the basis of ownership, it can be segmented into government, local bodies, private aided or unaided institution and on the basis of affiliation, it can be segmented into having Indian or international board affiliations. The School education in India has traditionally been characterised by overcrowding of classes and ineffective learning for students. However, as a result of infrastructure growth, increasing private and public investments and technological advancements, the school infrastructure in the country has witnessed significant growth with the mode of teaching also shifting to digital learning and smart class formats. This has assisted the students in improving their academic performance significantly and made teaching more effective.
The primary factor driving the Indian school market is the huge population in the country and a significant shortage of the number of schools to provide quality education. With a constantly growing population of around 1.37 billion, India represents the world’s second largest populated country after China. This represents a huge consumer base for the education sector. Another factor driving the Indian school market is the significant amount of monetary support received from the government as well as private Institutions. This has resulted in significant upgradation of the education infrastructure across both rural and urban regions. Additionally, reforms such as New Education Policy (NEP), foundation of Eklavya schools, etc, introduced by the government in order to promote girl education and provide equal opportunities for all has also driven the market positively. Moreover, technological advancements in the methods of teaching such as smart classes, digital libraries, augmented reality, etc, has also made learning more interactive for students, exhibiting immense scope for the Indian school market.
This latest report provides a deep insight into the Indian school market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian school market in any manner.
2. What is the expected growth rate of the India school market during 2024-2032?
3. What are the key factors driving the India school market?
4. What has been the impact of COVID-19 on the India school market?
5. What is the breakup of the India school market based on the level of education?
6. What is the breakup of the India school market based on ownership?
7. What is the breakup of the India school market based on the board of affiliation?
8. What is the breakup of the India school market based on the fee structure?
9. What are the key regions in the India school market?
India holds an important place in the global education industry with around 1.55 million K-12 schools and a student base of 218 million. The Indian school system can be segmented in various categories according to the level of education provided such as preschool, primary, middle, secondary and higher secondary. On the basis of ownership, it can be segmented into government, local bodies, private aided or unaided institution and on the basis of affiliation, it can be segmented into having Indian or international board affiliations. The School education in India has traditionally been characterised by overcrowding of classes and ineffective learning for students. However, as a result of infrastructure growth, increasing private and public investments and technological advancements, the school infrastructure in the country has witnessed significant growth with the mode of teaching also shifting to digital learning and smart class formats. This has assisted the students in improving their academic performance significantly and made teaching more effective.
The primary factor driving the Indian school market is the huge population in the country and a significant shortage of the number of schools to provide quality education. With a constantly growing population of around 1.37 billion, India represents the world’s second largest populated country after China. This represents a huge consumer base for the education sector. Another factor driving the Indian school market is the significant amount of monetary support received from the government as well as private Institutions. This has resulted in significant upgradation of the education infrastructure across both rural and urban regions. Additionally, reforms such as New Education Policy (NEP), foundation of Eklavya schools, etc, introduced by the government in order to promote girl education and provide equal opportunities for all has also driven the market positively. Moreover, technological advancements in the methods of teaching such as smart classes, digital libraries, augmented reality, etc, has also made learning more interactive for students, exhibiting immense scope for the Indian school market.
This latest report provides a deep insight into the Indian school market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian school market in any manner.
Key Market Segmentation:
The report provides an analysis of the key trends in each sub-segment of the India school market report, along with forecasts at the country and regional level from 2023-2032. The report has categorized the market based on level of education, ownership, board of affiliation and fee structure.Breakup by Level of Education:
- Primary
- Upper Primary
- Secondary
- Higher Secondary
Breakup by Ownership:
- Government
- Primary
- Upper Primary
- Secondary
- Higher Secondary
- Local Body
- Primary
- Upper Primary
- Secondary
- Higher Secondary
- Private Aided
- Primary
- Upper Primary
- Secondary
- Higher Secondary
- Private Unaided
- Primary
- Upper Primary
- Secondary
- Higher Secondary
Breakup by Board of Affiliation:
- Central Board of Secondary Education (CBSE)
- Council for the Indian School Certificate Examinations (CISCE)
- State Government Boards
- Others (NIOS, IBs, etc.)
Breakup by Fee Structure:
- Low-Income
- Medium-Income
- High-Income
Breakup by Region:
- North India
- East India
- West and Central India
- South India
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players.Key Questions Answered in This Report
1. What was the size of the India school market in 2023?2. What is the expected growth rate of the India school market during 2024-2032?
3. What are the key factors driving the India school market?
4. What has been the impact of COVID-19 on the India school market?
5. What is the breakup of the India school market based on the level of education?
6. What is the breakup of the India school market based on ownership?
7. What is the breakup of the India school market based on the board of affiliation?
8. What is the breakup of the India school market based on the fee structure?
9. What are the key regions in the India school market?
Table of Contents
1 Preface3 Executive Summary11 Government Regulations12 Strategic Recommendations
2 Scope and Methodology
4 Introduction
5 India School Market
6 Market Breakup by Level of Education
7 Market Breakup by Ownership
8 Market Breakup by Board of Affiliation
9 Market Breakup by Fee Structure
10 Market Breakup by Region
13 Competitive Landscape
List of Figures
List of Tables
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 117 |
| Published | January 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 48.9 Billion |
| Forecasted Market Value ( USD | $ 125.8 Billion |
| Compound Annual Growth Rate | 11.1% |
| Regions Covered | India |
