subject: India Education Market Outlook To 2016 Fast Growing E-learning Segment Setfor Consolidation [print this page] The report entails competitive landscape and profiles of the major players operating in the industry. Thefuture projections are included to provide an insight on the prospects in the Indian educationindustry.
The education market in India is one of the largest education systems globally which hasregistered a decent growth rate over the period. This growth rate can be attributed to growth inaverage annual fee, increase in students enrolled in private schools and willingness of parentsto spent on education. In terms of revenue, the Indian education industry has recorded consistentgrowth at a 3 year CAGR of ~ over the period. The revenue of Indian education market grew fromUSD ~ billion in FY2008 to USD ~ billion in FY2011.
The formal education market contributes majorly in total private education revenues and in FY2011 it accounted for ~ % of the total education market in India. The Non-formal education markethas reached USD ~ million in FY2011, at a CAGR of ~ % from USD ~ million in FY2008.
Globally, India has one of the lowest enrollment and highest dropout ratios which results intoone of the lowest net enrollment levels in the world. K12, the largest segment reached to USD ~million in FY2011. The revenue generated by Indian higher education market has reached USD ~million in FY2011.
In 2011, pre-schools market has posted sales of USD ~ million, registering a CAGR of ~ %. Pre-school market is growing at a rapid rate where KidZee is the dominant player and accounts foraround ~ % pre- school market followed by Euro Kids and Apple Kids with ~ % and ~ % market sharein 2011.
The Indian e-learning market was recorded to be around USD ~ million in 2011. E-learning isprevalent in mega cities in India. It is estimated that as the low cost PCs and broadband willpenetrate the small cities and rural areas, it will have a favorable impact on e-learning market.
The segment has seen entry of several players to share the pie of online content development andtutoring. The segment is all set for consolidation with larger entities acquiring the smallplayers in this arena in the next 5 years.
ICT market has showcased a phenomenal growth in recent past. ICT market grew at a CAGR of ~ %from USD ~ million in FY2008 to USD ~ million in FY2011. Further, in coming years, ICT market is expected to grow at a CAGR of ~ % reaching USD ~ by FY2017. ICT market is growing at a rapidrate where Educomp is the dominant player and accounts for ~ % market share followed by NIIT Ltdand Everonn with ~ % and ~ % market share in 2011 respectively.
Skill development includes multimedia, books, child skill enhancement, IT training and teachertraining. Skill development market has grown at a CAGR of 17.3% from ~ million in FY2008 to USD~ million in FY2011.
Key Topics Covered in the Report:
The market size of Indian education industry by total fee spent on education
Market segmentation on the basis of Age group, Gender and by type of Education.
Market size, market segmentation competitive landscape and future outlook of the Indianeducation industry
Market size, market segmentation competitive landscape and future outlook of the Indianeducation industry
Government regulations pertaining to this industry.
Trends and developments pertaining to this industry.
Competitive Landscape and Profile of the major players including Educomp, Everonn and NIIT
Cause and Effect Relationship Analysis between industry factors and expected Indian educationindustry prospects
Cause and Effect Relationship Analysis between industry factors and expected Indian educationindustry prospects
Future outlook and projections of the total fee spent on education of Indian education industryand its segments in the India till FY2017.
Macroeconomic and industry factors affecting this industry
For more information on the research report please refer to the below mentioned link: