The India school market attained a value of USD 54.13 Billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 10.70%, to reach USD 149.59 Billion by 2034.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
10.7%
Value in USD Billion
2025-2034
India School Market Outlook
*this image is indicative*
The major factor driving the growth of the India school market is the growing population of the country, which is the world’s second-largest after China. The rising disposable income and growing literacy rate are supporting the growth of the education sector in India. Traditionally, the education system in the country involved overcrowding of classes, underdeveloped infrastructure, and the use of ineffective teaching methods. However, as a result of rapid urbanisation and rising investments by the government and private organisations, the education sector has been witnessing impressive infrastructure growth. Further, owing to the increased acceptance of technology, the teaching curriculum is shifting from traditional to digital learning, which has opened new growth opportunities for the development of the sector.
Schools form a fundamental part of the educational sector as they are institutions where children are educated and prepared for their future career paths.
The India school market can be broadly categorised on the basis of level of education into:
On the basis of ownership, the industry can be divided into:
Based on board of affiliation, the industry can be segmented into:
Based on fee structure, the industry is divided into:
Based on region, the industry is divided into:
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The school market in India is being driven by the presence of a large population in the country and growing awareness regarding the importance of education. Over the past years, the literacy rate of the country has significantly increased, further registering a strong growth in the number of children being admitted in schools. The government has taken significant steps to promote the education of the girl child in the region by launching various programmes and schemes across the country. Government reforms such as New Education Policy (NEP), the foundation of Eklavya schools and others, promote the education of girls and provide them with equal opportunities to grow and enhance their skills, which is significantly contributing to the growth of the school industry in India. Other factors such as growing per capita income, rapid urbanisation, and increased government and private funding to enhance the education sector and develop infrastructure are contributing to the regional industry growth.
Additionally, a shift in the traditional teaching methods due to rapid technological advancements is expected to aid the industry growth over the forecast period. The methods of teaching are evolving, and educational institutions are adopting an interactive learning method, including smart classes, digital libraries, and augmented reality, among others, to make the learning easy and enjoyable for students. This will allow students to improve their academic performance, further making the teaching process more effective. The growing inclination towards digital learning and smart class formats present immense scope for the development of the India school market in the future.
The report gives a detailed analysis of the key players in the India school market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds. The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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The India school market reached a value of nearly USD 54.13 Billion in 2024.
The major drivers of the industry, such as rising disposable incomes, increasing population, increasing awareness regarding the importance of education, growing infrastructure developments, growing literacy rate, increased government initiatives and investments for the development of the education sector, and evolving teaching curriculums are expected to aid the market growth.
The key market trends guiding the growth of the school market include rapid advancement in technology and shift from traditional to digital teaching methods, which involves the use of smart classes and augmented reality.
The major regional markets in the market are North India, East and Central India, West India, and South India.
Primary, upper primary, secondary, and higher secondary are the major levels of education in the industry.
The significant ownership-types in the market include government, local body, private aided, and private unaided, among others.
Central Board of Secondary Education, Council for the Indian School Certificate Examinations, and State Government Boards, among others, are the major board of affiliation in the industry.
The major fee structures for school include low-income, medium-income, and high-income segments.
The key players in the market are St. Xavier's Collegiate School, La Martinière College, 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, Modern School, Greenwood High International School, and Emerald Heights International School, among others.
The India school market is projected to grow at a CAGR of 10.70% between 2025-2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of USD 149.59 Billion by 2034.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Level of Education |
|
| Breakup by Ownership |
|
| Breakup by Board of Affiliation |
|
| Breakup by Fee Structure |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
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