Infinium Global Research and Consulting Solutions

The India coaching classes market was valued at INR 64,244.2 Crore in 2022 and is expected to reach INR 1,79,527.1 Crore by 2030 and grow at a CAGR of 14.07% over the forecast period. The rising number of students pursuing educational courses and professional courses is anticipated to drive the growth of the market during the projected period. India has a large and rapidly growing population, which naturally leads to a higher number of students seeking educational opportunities. According to Word Data, the current population of India in 2023 is 1.42 billion a 0.81% increase from 2022. In addition, Education is highly valued in Indian society, and there is a strong emphasis on academic achievements. Students aspire for education to secure better career prospects and socioeconomic mobility. This mindset drives the demand for educational as well as professional courses and amplify the growth of the coaching class market in India. Moreover, factors such as economic growth, and technological development are responsible for the changing mindset of people in India regarding education and increase the spending on education which directly supports market growth.