India School Market to Grow with a CAGR of 12.5% through 2030

The India’s school market is witnessing a rapid growth is driven by increasing literacy rates, government reform initiatives, rising disposable incomes, and a growing emphasis on quality education. The market is poised for expansion due to private sector participation, technological advancements, and skill-based learning.

According to TechSci Research report, “India School Market – By Region, Competition Forecast & Opportunities, 2030F”, India School Market was valued at USD 52.36 Billion in 2024 and is expected to reach USD 106.15 Billion by 2030 with a CAGR of 12.5% during the forecast period. The Indian school market is one of the largest and most diverse in the world, reflecting the country's vast population and complex socio-economic landscape. The market is characterized by a mix of public and private schools, catering to students from different economic backgrounds. The education system in India is divided into pre-primary, primary, secondary, and higher secondary levels, with a strong emphasis on academic achievement. Over the years, the market has witnessed significant growth, driven by increasing government expenditure, rising income levels, and a growing awareness of the importance of education. Socio-economic disparities present a significant challenge in the Indian school market, as they lead to unequal access to quality education. While there are a growing number of private schools offering high-quality education, these are often accessible only to families with higher incomes. On the other hand, government schools, which cater to most of the population, particularly in rural areas, often struggle with issues such as overcrowded classrooms, inadequate teaching staff, and poor infrastructure.

The gap between urban and rural education is particularly pronounced. In urban areas, parents have access to a wide range of educational institutions, including international schools and schools affiliated with central boards like CBSE and ICSE. In contrast, rural areas are often served by underfunded government schools or low-cost private schools that may not meet the same standards of education. These socio-economic disparities are further exacerbated by the rising cost of education, particularly in private schools, where fees for tuition, books, and extracurricular activities can be prohibitively high for many families. This leads to a situation where only a small percentage of the population can afford high-quality education, while the majority are left with limited options. To address these disparities, there is a need for targeted government interventions, such as scholarships, subsidies, and incentives for private schools to operate in underserved areas. Additionally, improving the quality of education in government schools through better funding, teacher training, and infrastructure development is essential to ensure that all children, regardless of their socio-economic background, have access to quality education.

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The India School market is segmented into by level of education, ownership, board of affiliation, region and company.

The India School market is segmented based on board of affiliation into Central Board of Secondary Education (CBSE), Council for the Indian School Certificate Examinations (CISCE), State Government Boards, Others (NIOS, IBs, etc.)), with the Central Board of Secondary Education (CBSE) is the leading board of affiliation. CBSE holds the dominant position for its vast network of schools across the country, including urban, semi-urban, and rural areas. Its reach extends to all states and union territories, making it the most accessible and widely adopted board in India. CBSE offers a curriculum that is consistent across all affiliated schools. This uniformity is particularly beneficial for students who move between states or cities, as it ensures continuity in education without the disruption of varying state syllabi. CBSE's curriculum is recognized not only in India but also internationally. This recognition makes it easier for students to pursue higher education or career opportunities abroad. The CBSE curriculum is designed to prepare students for national-level competitive exams like the Joint Entrance Examination (JEE) and the National Eligibility cum Entrance Test (NEET). This focus attracts students and parents aiming for careers in engineering, medicine, and other professional fields. As a board that operates under the Ministry of Education, CBSE benefits from significant government backing. This support includes policy initiatives, funding, and resources that help maintain and enhance the quality of education provided by CBSE-affiliated schools. CBSE has been proactive in integrating technology into its curriculum and examination processes. The board's use of online resources, digital platforms, and recent moves towards more modern educational practices appeal to a broad spectrum of students and educators. Due to these factors, CBSE remains the most preferred and leading board of affiliation in the Indian school market.

In the Indian school market, the Southern region generally emerged as fastest growing region. This region, which includes states like Tamil Nadu, Karnataka, Kerala, and Andhra Pradesh, has a well-established educational infrastructure and is known for a strong emphasis on quality education. The region's schools often have better facilities, more experienced faculty, and a higher level of private school enrollment compared to other regions. Additionally, the Southern region has a higher literacy rate and a larger number of schools affiliated with national boards like CBSE and ICSE, contributing to its growth in the market.

Major companies operating in India School market are:

• St. Xavier's Collegiate School
• The Doon School
• Shree Swaminarayan Gurukul International School
• Little Flowers Public Sr. Sec School
• The Mother's International School
• Bombay Scottish School
• St. John's High School
• Sainik School
• Greenwood High International School
• Emerald Heights International School

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“In recent years, there has been a growing recognition of the need for skill-based education in India. The traditional education system, which has been primarily focused on rote learning and academic achievement, is increasingly being supplemented by programs that emphasize practical skills and hands-on learning. The shift towards skill-based education is being driven by the changing needs of the job market. This has led to the introduction of vocational training programs, internships, and project-based learning in schools, aimed at equipping students with the skills they need to succeed in the workforce. One of the key trends in this area is the integration of coding and computer science into the school curriculum. With the rapid growth of the technology sector in India, there is a growing demand for professionals with coding and programming skills. Schools are responding to this demand by offering coding classes, hackathons, and other technology-related extracurricular activities“. Said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

India School Market By Level of Education (Primary, Upper Primary, Secondary, Higher Secondary), By Ownership (Government, Local Body, Private Aided, Private Unaided), 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.)), By Region, Competition Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of India School market and 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 the India School market.

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