The report
“Education Industry demand and Opportunities- India” gives a detailed
description of industry performance, formal and non-formal education
system, market size by segments and student enrolment by segments. It
also talks about industry trends and growth potential of foreign
universities. There are many players participating in the market,
Educomp Solutions, Everonn Systems and NIIT are the largest players
within the space. The present report has profiled these three players
with business overview, financial performance and business strategies.
Education
industry is one of the fastest developing sector worldwide, generating
large scale revenues and employment. The Global education industry is
the second-largest industry after healthcare. It had a market size of
~US$ ~ trillion in 2009 grew from US$~ trillion in 2007. In terms of
geography, the US has the largest share in the global education market.
The global number of mobile students has increased 53% since 1999. China
sends the maximum number of students abroad for global education and
the United States hosts the maximum number of students globally.
In
India, Private professional institutes are expanding with a strong
growth rate which has opened the doors for foreign universities. These
days coaching classes are gaining popularity due to rising competition
and heavy load of studies. Also there is an opportunity in the test
preparation market in India, though institutes are expanding with a
continuous growth rate but still there is high potential of growth.
The
report “Education Industry demand and Opportunities- India” gives a
detailed description of industry performance, formal and non-formal
education system, market size by segments and student enrolment by
segments. It also talks about industry trends and growth potential of
foreign universities. There are many players participating in the
market, Educomp Solutions, Everonn Systems and NIIT are the largest
players within the space. The present report has profiled these three
players with business overview, financial performance and business
strategies.
Key Findings - Private sector has a strong hold in
education industry starting from pre-schools to universities, formal
IES accounts for almost US$~ billion, non-formal IES US$~ billion and
together almost US$~ billion in 2009 - In terms of total education
market revenue, K-12 contribution is the highest as the market size for
K-12 school is the biggest in India as compared to other professional
courses. By 2012 the overall pre-school market is expected to cross US$~
billion, the organized segment is expected to grow faster. - Educomp is the industry leader in K-12 segment, also has an 18-24 month lead in multimedia within schools, its K-12 programme. -
The Gross Enrollment Ratio (GER) in higher education in India (percent
of relevant age group enrolled in higher education) is estimated at 11%.
In comparison, enrollments levels are 60% in the US and 16% in China. -
The Non-formal education market has reached to the level of US$~
billion and expected to grow with a CAGR of 13.23% (US$~ billion) by
2012. - The worldwide market for online tutoring is estimated to be
in the region of US$~ billion. India now earns around US$~ million per
year from online tutoring. The franchise industry is in its early stage
of development in India.
Scope of the Report - Gives an overview of the Global Education sector. - Analyses past performance, present market and future opportunities with reasons of change. -
Describes sector by detailed description of industry segments and
market size. Provides formal and non-formal education industry size,
also market size of its sub-segments like pre-school, K12, Higher
education, test preparation, coaching classes, etc. - Discusses industry players positioning, market share, profile and scope for foreign players.
Products Mentioned: - Private education system - Formal IES - Non-formal IES (coaching classes - test prepration market vocational training - online education - education material - role of information and communication technology) - K12 schools - Multimedia - Tertiary Education - Primary education - Secondary Education - higher education - international studies - franchisee market - corporate training market
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