Increasing disposable income of the population and growing
willingness to spend on quality education to drive the growth of India higher
education market
According to TechSci Research report, “India Higher Education MarketByType, ByAffiliation, By
Courses Offered, By Mode of Education, By Gender, Competition, Forecast &
Opportunities, 2025”the India higher
education market is expected to grow at asteady CAGR during the forecast period
owing to the increasing awareness among the population regarding the importance
of higher education.Additionally, government is playing an important role with introducing
initiatives to modernize the sector to enhance affordability and improve
quality education. However, lack of educational facilities in the rural and
backward areas can hamper the growth of market during forecast period.
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The India higher
education market is segmented based on type, affiliation, courses offered, mode
of education, gender and region. Based on courses offered, the market can be
fragmented into graduate, post-graduate, diploma, certifications, PhD and others.
The certifications segment is expected to hold a significant market share
during forecast period on account of the increasing re-skilling and up-skilling
needs of the working population in India. Based on mode of education, the
market can be categorized into regular, part-time, distance and others. The
distance mode of education is expected to witness significant growth during
forecast period. This can be ascribed to the characteristics such as
flexibility and time saving nature of the distance mode of education.
Additionally, robust governance infrastructure and large distance learning
framework in the country are further expected to propel the demand for this
mode of education.
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“India
higher education market isanticipated to witness growthover the coming years owing
tothe steady economic development and heavy investments in the education
industry. Additionally, increasing gross enrollment ratio in the country and
supportive government policies & initiatives are further expected to spur
the growth of the market through 2025”said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
According
to TechSci Research “India Higher Education
Market ByType, ByAffiliation, By Courses Offered, By Mode of Education, By
Gender, Competition, Forecast & Opportunities, 2025” has evaluated
the future growth potential of India higher education marketand provides
statistics &information on market size, structure and future market growth.
The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in India higher education market.
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