PUBLISHER: IMARC | PRODUCT CODE: 1423430
PUBLISHER: IMARC | PRODUCT CODE: 1423430
India School Market Report by Level of Education, Ownership, Board of Affiliation, Fee Structure, and Region 2024-2032
Abstract
The India school market size reached US$ 48.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 125.8 Billion by 2032, exhibiting a growth rate (CAGR) of 10.7% during 2024-2032.
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.
IMARC Group's 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:
IMARC Group 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 2024-2032. Our 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
At present, the primary level of education represents the largest segment on account of numerous programmes initiated by the Government of India for encouraging parents to send their children to primary schools. For instance, the Sarva Shiksha Abhiyan (SSA) focuses on universalizing elementary education, bridging gender and social gaps in education and enhancing the learning levels of children.
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
Government-owned schools account for the majority of the total market share as they provide the infrastructure for the physical and mental development of students. Some of the top government schools in the country include Kendriya Vidyalaya, Navodaya Vidyalaya, Sainik School, Military School, Air Force School, and Naval School.
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.)
Schools operating under the state government boards dominated the market as they generally charge lesser fees than CBSE schools.
Breakup by Fee Structure:
Low-Income
Medium-Income
High-Income
The low-income segment holds the largest market share in the market. The fee charged by the government educational institutes, which are operated by municipal committees, corporations or schools, is very nominal. As a result, people from the lower sections of society prefer to send their children to these schools.
Breakup by Region:
North India
East India
West and Central India
South India
Amongst these, North India enjoys the leading position in the market as governing agencies are undertaking initiatives to enhance the condition of public schools of the region.
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 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 India School Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Level of Education
- 5.5 Market Breakup by Ownership
- 5.6 Market Breakup by Board of Affiliation
- 5.7 Market Breakup by Fee Structure
- 5.8 Market Breakup by Region
- 5.9 Market Forecast
- 5.10 SWOT Analysis
- 5.10.1 Overview
- 5.10.2 Strengths
- 5.10.3 Weaknesses
- 5.10.4 Opportunities
- 5.10.5 Threats
- 5.11 Value Chain Analysis
- 5.12 Porter's Five Forces Analysis
- 5.12.1 Overview
- 5.12.2 Bargaining Power of Buyers
- 5.12.3 Bargaining Power of Suppliers
- 5.12.4 Degree of Competition
- 5.12.5 Threat of New Entrants
- 5.12.6 Threat of Substitutes
- 5.13 PESTEL Analysis
- 5.13.1 Political
- 5.13.2 Economic
- 5.13.3 Social
- 5.13.4 Technological
- 5.13.5 Environmental
- 5.13.6 Legal
- 5.14 Price Analysis
6 Market Breakup by Level of Education
- 6.1 Primary
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Upper Primary
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Secondary
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Higher Secondary
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Ownership
- 7.1 Government
- 7.1.1 Market Trends
- 7.1.2 Market Breakup by Type
- 7.1.2.1 Primary
- 7.1.2.1.1 Market Trends
- 7.1.2.1.2 Market Forecast
- 7.1.2.2 Upper Primary
- 7.1.2.2.1 Market Trends
- 7.1.2.2.2 Market Forecast
- 7.1.2.3 Secondary
- 7.1.2.3.1 Market Trends
- 7.1.2.3.2 Market Forecast
- 7.1.2.4 Higher Secondary
- 7.1.2.4.1 Market Trends
- 7.1.2.4.2 Market Forecast
- 7.1.2.1 Primary
- 7.1.3 Market Forecast
- 7.2 Local Body
- 7.2.1 Market Trends
- 7.2.2 Market Breakup by Type
- 7.2.2.1 Primary
- 7.2.2.1.1 Market Trends
- 7.2.2.1.2 Market Forecast
- 7.2.2.2 Upper Primary
- 7.2.2.2.1 Market Trends
- 7.2.2.2.2 Market Forecast
- 7.2.2.3 Secondary
- 7.2.2.3.1 Market Trends
- 7.2.2.3.2 Market Forecast
- 7.2.2.4 Higher Secondary
- 7.2.2.4.1 Market Trends
- 7.2.2.4.2 Market Forecast
- 7.2.2.1 Primary
- 7.2.3 Market Forecast
- 7.3 Private Aided
- 7.3.1 Market Trends
- 7.3.2 Market Breakup by Type
- 7.3.2.1 Primary
- 7.3.2.1.1 Market Trends
- 7.3.2.1.2 Market Forecast
- 7.3.2.2 Upper Primary
- 7.3.2.2.1 Market Trends
- 7.3.2.2.2 Market Forecast
- 7.3.2.3 Secondary
- 7.3.2.3.1 Market Trends
- 7.3.2.3.2 Market Forecast
- 7.3.2.4 Higher Secondary
- 7.3.2.4.1 Market Trends
- 7.3.2.4.2 Market Forecast
- 7.3.2.1 Primary
- 7.3.3 Market Forecast
- 7.4 Private Unaided
- 7.4.1 Market Trends
- 7.4.2 Market Breakup by Type
- 7.4.2.1 Primary
- 7.4.2.1.1 Market Trends
- 7.4.2.1.2 Market Forecast
- 7.4.2.2 Upper Primary
- 7.4.2.2.1 Market Trends
- 7.4.2.2.2 Market Forecast
- 7.4.2.3 Secondary
- 7.4.2.3.1 Market Trends
- 7.4.2.3.2 Market Forecast
- 7.4.2.4 Higher Secondary
- 7.4.2.4.1 Market Trends
- 7.4.2.4.2 Market Forecast
- 7.4.2.1 Primary
- 7.4.3 Market Forecast
8 Market Breakup by Board of Affiliation
- 8.1 Central Board of Secondary Education
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Council for the Indian School Certificate Examinations
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 State Government Boards
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Fee Structure
- 9.1 Low-Income
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Medium-Income
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 High-Income
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
10 Market Breakup by Region
- 10.1 North India
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 West and Central India
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 South India
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 East India
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
11 Government Regulations
12 Strategic Recommendations
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
List of Figures
- Figure 1: India: School Market: Major Drivers and Challenges
- Figure 2: India: School Market: Number of Schools (in Million), 2018-2023
- Figure 3: India: School Market: Value Trends (in Billion US$), 2018-2023
- Figure 4: India: School Market: Enrolment (in Million), 2018-2023
- Figure 5: India: School Market: Breakup by Level of Education (in %), 2023
- Figure 6: India: School Market: Breakup by Ownership (in %), 2023
- Figure 7: India: School Market: Breakup by Board of Affiliation (in %), 2023
- Figure 8: India: School Market: Breakup by Fee Structure (in %), 2023
- Figure 9: India: School Market: Breakup by Region (in %), 2023
- Figure 10: India: School Market Forecast: Number of Schools (in Million), 2024-2032
- Figure 11: India: School Market Forecast: Value Trends (in Billion US$), 2024-2032
- Figure 12: India: School Market Forecast: Enrolment (in Million), 2024-2032
- Figure 13: India: School Industry: SWOT Analysis
- Figure 14: India: School Industry: Value Chain Analysis
- Figure 15: India: School Industry: Porter's Five Forces Analysis
- Figure 16: India: School Industry: PESTEL Analysis
- Figure 17: India: School (Primary) Market (in 000's), 2018 & 2023
- Figure 18: India: School (Primary) Market Forecast (in 000's), 2024-2032
- Figure 19: India: School (Upper Primary) Market (in 000's), 2018 & 2023
- Figure 20: India: School (Upper Primary) Market Forecast (in 000's), 2024-2032
- Figure 21: India: School (Secondary) Market (in 000's), 2018 & 2023
- Figure 22: India: School (Secondary) Market Forecast (in 000's), 2024-2032
- Figure 23: India: School (Higher Secondary) Market (in 000's), 2018 & 2023
- Figure 24: India: School (Higher Secondary) Market Forecast (in 000's), 2024-2032
- Figure 25: India: School (Government) Market (in 000's), 2018 & 2023
- Figure 26: India: School (Government) Market Forecast (in 000's), 2024-2032
- Figure 27: India: School (Local Body) Market (in 000's), 2018 & 2023
- Figure 28: India: School (Local Body) Market Forecast (in 000's), 2024-2032
- Figure 29: India: School (Private Aided) Market (in 000's), 2018 & 2023
- Figure 30: India: School (Private Aided) Market Forecast (in 000's), 2024-2032
- Figure 31: India: School (Private Unaided) Market (in 000's), 2018 & 2023
- Figure 32: India: School (Private Unaided) Market Forecast (in 000's), 2024-2032
- Figure 33: India: Government School (Primary) Market (in 000's), 2018 & 2023
- Figure 34: India: Government School (Primary) Market Forecast (in 000's), 2024-2032
- Figure 35: India: Government School (Upper Primary) Market (in 000's), 2018 & 2023
- Figure 36: India: Government School (Upper Primary) Market Forecast (in 000's), 2024-2032
- Figure 37: India: Government School (Secondary) Market (in 000's), 2018 & 2023
- Figure 38: India: Government School (Secondary) Market Forecast (in 000's), 2024-2032
- Figure 39: India: Government School (Higher Secondary) Market (in 000's), 2018 & 2023
- Figure 40: India: Government School (Higher Secondary) Market Forecast (in 000's), 2024-2032
- Figure 41: India: Local Body School (Primary) Market (in 000's), 2018 & 2023
- Figure 42: India: Local Body School (Primary) Market Forecast (in 000's), 2024-2032
- Figure 43: India: Local Body School (Upper Primary) Market (in 000's), 2018 & 2023
- Figure 44: India: Local Body School (Upper Primary) Market Forecast (in 000's), 2024-2032
- Figure 45: India: Local Body School (Secondary) Market (in 000's), 2018 & 2023
- Figure 46: India: Local Body School (Secondary) Market Forecast (in 000's), 2024-2032
- Figure 47: India: Local Body School (Higher Secondary) Market (in 000's), 2018 & 2023
- Figure 48: India: Local Body School (Higher Secondary) Market Forecast (in 000's), 2024-2032
- Figure 49: India: Private Aided School (Primary) Market (in 000's), 2018 & 2023
- Figure 50: India: Private Aided School (Primary) Market Forecast (in 000's), 2024-2032
- Figure 51: India: Private Aided School (Upper Primary) Market (in 000's), 2018 & 2023
- Figure 52: India: Private Aided School (Upper Primary) Market Forecast (in 000's), 2024-2032
- Figure 53: India: Private Aided School (Secondary) Market (in 000's), 2018 & 2023
- Figure 54: India: Private Aided School (Secondary) Market Forecast (in 000's), 2024-2032
- Figure 55: India: Private Aided School (Higher Secondary) Market (in 000's), 2018 & 2023
- Figure 56: India: Private Aided School (Higher Secondary) Market Forecast (in 000's), 2024-2032
- Figure 57: India: Private Unaided School (Primary) Market (in 000's), 2018 & 2023
- Figure 58: India: Private Unaided School (Primary) Market Forecast (in 000's), 2024-2032
- Figure 59: India: Private Unaided School (Upper Primary) Market (in 000's), 2018 & 2023
- Figure 60: India: Private Unaided School (Upper Primary) Market Forecast (in 000's), 2024-2032
- Figure 61: India: Private Unaided School (Secondary) Market (in 000's), 2018 & 2023
- Figure 62: India: Private Unaided School (Secondary) Market Forecast (in 000's), 2024-2032
- Figure 63: India: Private Unaided School (Higher Secondary) Market (in 000's), 2018 & 2023
- Figure 64: India: Private Unaided School (Higher Secondary) Market Forecast (in 000's), 2024-2032
- Figure 65: India: School (Central Board of Secondary Education) Market (in 000's), 2018 & 2023
- Figure 66: India: School (Central Board of Secondary Education) Market Forecast (in 000's), 2024-2032
- Figure 67: India: School (Council for the Indian School Certificate Examinations) Market (in 000's), 2018 & 2023
- Figure 68: India: School (Council for the Indian School Certificate Examinations) Market Forecast (in 000's), 2024-2032
- Figure 69: India: School (State Government Boards) Market (in 000's), 2018 & 2023
- Figure 70: India: School (State Government Boards) Market Forecast (in 000's), 2024-2032
- Figure 71: India: School (Other Boards) Market (in 000's), 2018 & 2023
- Figure 72: India: School (Other Boards) Market Forecast (in 000's), 2024-2032
- Figure 73: India: School (Low-Income) Market (in 000's), 2018 & 2023
- Figure 74: India: School (Low-Income) Market Forecast (in 000's), 2024-2032
- Figure 75: India: School (Medium-Income) Market (in 000's), 2018 & 2023
- Figure 76: India: School (Medium-Income) Market Forecast (in 000's), 2024-2032
- Figure 77: India: School (High-Income) Market (in 000's), 2018 & 2023
- Figure 78: India: School (High-Income) Market Forecast (in 000's), 2024-2032
- Figure 79: North India: School Market (in 000's), 2018 & 2023
- Figure 80: North India: School Market Forecast (in 000's), 2024-2032
- Figure 81: West and Central India: School Market (in 000's), 2018 & 2023
- Figure 82: West and Central India: School Market Forecast (in 000's), 2024-2032
- Figure 83: South India: School Market (in 000's), 2018 & 2023
- Figure 84: South India: School Market Forecast (in 000's), 2024-2032
- Figure 85: East India: School Market (in 000's), 2018 & 2023
- Figure 86: East India: School Market Forecast (in 000's), 2024-2032
List of Tables
- Table 1: India: School Market: Key Industry Highlights, 2023 and 2032
- Table 2: India: School Market Forecast: Breakup by Level of Education (in 000's), 2024-2032
- Table 3: India: School Market Forecast: Breakup by Ownership (in 000's), 2024-2032
- Table 4: India: School Market Forecast: Breakup by Board of Affiliation (in 000's), 2024-2032
- Table 5: India: School Market Forecast: Breakup by Fee Structure (in 000's), 2024-2032
- Table 6: India: School Market Forecast: Breakup by Region (in 000's), 2024-2032
- Table 7: India: School Market Structure
- Table 8: India: School Market: Key Players
