The
market size of India coaching classes market is expected to reach USD XX
million by 2028. The India coaching classes market is primarily driven by an
increase in the number of students pursuing higher education and professional
courses. Furthermore, rising preferences for high-quality education among
parents have driven the demand for coaching centers in recent years.
India is one of the fastest emerging markets in the
world and has experienced significant growth in per capita income and
educational standards. India offers great potential for universities and
educational institutes to expand their student intakes. Moreover, India
accounts for over 29% of the population from the age group under 18 that goes
to schools. This offers significant potential for the coaching classes to
launch their coaching centers. Furthermore, parents’ reliance on coaching
classes is expected to escalate the India coaching classes market.
The India coaching classes market is primarily
driven by an increase in the number of students pursuing higher education and
professional courses. Furthermore, rising preferences for high-quality
education among parents have driven the demand for coaching centers in recent
years. However, one of the key restraining factors is the lack of
infrastructure for private coaching centers. Further strict regulation about
private coaching classes is another factor that restricts the growth of private
coaching centers. However, the impact of these restraining factors is minimal.
Several government initiatives to promote skill development and create
employment opportunities are expected to provide opportunities for new players
to enter the India coaching classes market over the forecast period. Moreover,
100% FDI approval by Govt. of India in the education sector is anticipated to
attract several international players to enter the Indian market in the near
future.
The report segments the India coaching classes
market by nature of courses as Govt. supported courses and other courses. On
the basis of courses the India coaching classes market is segmented as
schooling and pre-schooling, higher education and university level courses,
professional vocational courses, skill development courses, crash courses and
competitive exams, and others. Geographically the Indian market is segmented on
the basis of zones as South zone, North zone, Central zone East zone, and West
zone. The west zone covers states such as Maharashtra and Goa, Rajasthan, and
Gujarat, while south zone covers Karnataka, Tamil Nadu, Andhra Pradesh and
Telangana, and Kerala. East Zone covers West Bengal, Orrisa, Bihar, and others,
North Zone covers states such as Punjab, Uttar Pradesh, Haryana, New Delhi and
others. Among the zones West Zone accounted for the largest market size
followed by North Zone.
The report provides deep insights into demand
forecasts, market trends and micro and macro indicators. In addition, this
report provides insights into the factors that are driving and restraining the
demand for India coaching classes market as well as in its zones. Moreover, the
IGR-Growth Matrix analysis given in the report brings insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter’s five
forces analysis and value chain analysis of the India coaching classes market.
Moreover, the study highlights current market trends and provides forecasts from
2022 to 2028. We also have highlighted future trends in the India coaching
classes market that will impact the demand during the forecast period.
Please Choose One of Them