Private Education Market in India 2021
The demand for educational institutions has picked up, owing to the rise in population. Parents prefer private schools to government ones due to the limited number of English medium government schools. Students of private educational institutions have better exposure to smartphones, electricity, and internet facilities for to avail online classes during the pandemic.
Market insights:
In the wake of the pandemic, universities and colleges embraced a hybrid learning model where private institutions have outperformed government ones. Advanced infrastructure and English-medium learning entice parents to admit their children to private educational institutions. The total number of private educational institutions in India was 3,73,621 in FY 2021. It is expected to reach 4,59,952 units by FY 2027, expanding at a compound annual growth rate (CAGR) of ~3.69 % during the FY 2022 – FY 2027 period.
Impact of COVID-19:
Teachers could not complete the syllabus, exams were postponed, and were cancelled in several cases due to the implementation of intermittent lockdowns. Private institutions completed the curriculum by offering online classes and making course materials available to students. Although schools have reopened in most parts of the country, classroom attendance remains low at around 30%. Although vaccination for 15 years to 18 years have started, most parents are afraid to send their children to school.
Market Influencers:
Market drivers:
Private educational institutions are equipped with advanced facilities. Also, the advanced curriculum followed by private schools are beneficial for getting jobs. International collaborations have encouraged students to enroll in private colleges due to the exposure to exciting courses.
Key deterrents to the growth of the market:
Private institutions tend to focus on providing better infrastructure than quality education. Exorbitant fees in private educational institutions are a major cause of concern for several parents, resulting in a low enrolment rate for higher education.
Market insights:
In the wake of the pandemic, universities and colleges embraced a hybrid learning model where private institutions have outperformed government ones. Advanced infrastructure and English-medium learning entice parents to admit their children to private educational institutions. The total number of private educational institutions in India was 3,73,621 in FY 2021. It is expected to reach 4,59,952 units by FY 2027, expanding at a compound annual growth rate (CAGR) of ~3.69 % during the FY 2022 – FY 2027 period.
Impact of COVID-19:
Teachers could not complete the syllabus, exams were postponed, and were cancelled in several cases due to the implementation of intermittent lockdowns. Private institutions completed the curriculum by offering online classes and making course materials available to students. Although schools have reopened in most parts of the country, classroom attendance remains low at around 30%. Although vaccination for 15 years to 18 years have started, most parents are afraid to send their children to school.
Market Influencers:
Market drivers:
Private educational institutions are equipped with advanced facilities. Also, the advanced curriculum followed by private schools are beneficial for getting jobs. International collaborations have encouraged students to enroll in private colleges due to the exposure to exciting courses.
Key deterrents to the growth of the market:
Private institutions tend to focus on providing better infrastructure than quality education. Exorbitant fees in private educational institutions are a major cause of concern for several parents, resulting in a low enrolment rate for higher education.
CHAPTER 1: EXECUTIVE SUMMARY
CHAPTER 2: SOCIO-ECONOMIC INDICATORS
CHAPTER 3: INTRODUCTION
3.1. Education system in India
CHAPTER 4: MARKET OVERVIEW
4.1. Private education market in India – An overview
4.1.1. Market size and growth forecast (FY 2017 – FY 2027e)
CHAPTER 5: MARKET SEGMENTATION
5.1. Private education market in India – Segmentation
5.1.1. Private education market share based on category
5.1.2. Private schools – Market size and growth forecast
(FY 2017 – FY 2027e)
5.1.3 Private colleges – Market size and growth forecast
(FY 2017 – FY 2027e)
5.1.4. Private universities – Market size and growth forecast (FY 2017 – FY 2027e)
CHAPTER 6: COVID-19 IMPACT ANALYSIS
6.1. COVID-19 impact analysis
CHAPTER 7: TECHNOLOGY LANDSCAPE
7.1. Market trends
7.2. Technology landscape
CHAPTER 8: GOVERNMENT INITIATIVES
8.1. Government initiatives
CHAPTER 9: MARKET INFLUENCERS
9.1. Market drivers
9.2. Market challengers
CHAPTER 10: COMPETITIVE LANDSCAPE
10.1. Amity University
Company information
Business description
Products/Services
Key people
Financial snapshot
Key ratios
Key financial performance indicators
Key business segments
Key geographic segments
Note: Financial and segment-wise data are available for public companies only
10.2. Christian Medical College
10.3. Kalinga Institute of Industrial Technology
10.4. La Martiniere
10.5. SRM Institute of Science and Technology
10.6. St Stephen's College
10.7. St. Xavier’s College
10.8. The Doon School
10.9. The Shri Ram School
10.10. Vellore Institute of Technology
CHAPTER 11: RECENT DEVELOPMENTS
11.1. Recent developments
CHAPTER 12: APPENDIX
12.1. Research methodology
12.2. About Netscribes
12.3. Disclaimer
COMPANIES PROFILED
Amity University
Christian Medical College
Kalinga Institute of Industrial Technology
La Martiniere
SRM Institute of Science and Technology
St Stephen's College
St. Xavier’s College
The Doon School
The Shri Ram School
Vellore Institute of Technology
CHAPTER 2: SOCIO-ECONOMIC INDICATORS
CHAPTER 3: INTRODUCTION
3.1. Education system in India
CHAPTER 4: MARKET OVERVIEW
4.1. Private education market in India – An overview
4.1.1. Market size and growth forecast (FY 2017 – FY 2027e)
CHAPTER 5: MARKET SEGMENTATION
5.1. Private education market in India – Segmentation
5.1.1. Private education market share based on category
5.1.2. Private schools – Market size and growth forecast
(FY 2017 – FY 2027e)
5.1.3 Private colleges – Market size and growth forecast
(FY 2017 – FY 2027e)
5.1.4. Private universities – Market size and growth forecast (FY 2017 – FY 2027e)
CHAPTER 6: COVID-19 IMPACT ANALYSIS
6.1. COVID-19 impact analysis
CHAPTER 7: TECHNOLOGY LANDSCAPE
7.1. Market trends
7.2. Technology landscape
CHAPTER 8: GOVERNMENT INITIATIVES
8.1. Government initiatives
CHAPTER 9: MARKET INFLUENCERS
9.1. Market drivers
9.2. Market challengers
CHAPTER 10: COMPETITIVE LANDSCAPE
10.1. Amity University
Company information
Business description
Products/Services
Key people
Financial snapshot
Key ratios
Key financial performance indicators
Key business segments
Key geographic segments
Note: Financial and segment-wise data are available for public companies only
10.2. Christian Medical College
10.3. Kalinga Institute of Industrial Technology
10.4. La Martiniere
10.5. SRM Institute of Science and Technology
10.6. St Stephen's College
10.7. St. Xavier’s College
10.8. The Doon School
10.9. The Shri Ram School
10.10. Vellore Institute of Technology
CHAPTER 11: RECENT DEVELOPMENTS
11.1. Recent developments
CHAPTER 12: APPENDIX
12.1. Research methodology
12.2. About Netscribes
12.3. Disclaimer
COMPANIES PROFILED
Amity University
Christian Medical College
Kalinga Institute of Industrial Technology
La Martiniere
SRM Institute of Science and Technology
St Stephen's College
St. Xavier’s College
The Doon School
The Shri Ram School
Vellore Institute of Technology
