NEW YORK, April 26, 2021 /PRNewswire/ --
The test preparation market in India by product (university exams, certification exams, high school exams, elementary exams, and other exams) and end-user (post-secondary and K 12) has been added to Technavio's offering. The test preparation market in India is expected to grow by USD 7.22 billion, at a CAGR of almost 14% during 2021-2025.
The outbreak of the COVID-19 pandemic has had a mixed impact on the test preparation market in India. The imposition of lockdowns resulted in the temporary closure of universities, schools, and other educational institutions. This created a setback for vendors offering offline test preparation facilities in the country. However, the vendors providing online test preparation facilities gained significant prominence. The demand for such services increased even after lockdowns were lifted in the country.
The market is expected to be driven by factors such as the rising number of enrollments in test preparation courses, the increase in the number of startups, and rising government initiatives on test preparation.
Test Preparation Market in India: Opportunities
India has witnessed an increase in the number of student enrolments in both K-12 and higher education sectors over the years. As a result, the competition among students that look forward to entering reputed organizations for their studies has increased significantly. This increase in competition is forcing students to opt for test preparation services, which is creating new growth avenues for vendors operating in the market.
Test Preparation Market in India: Segmentation by Product
Based on the segmentation by product, the market generated maximum revenue in the university exams segment in 2020. The segment is driven by the inclusion of technologies, such as social learning, gamification, adaptive learning, and web analytics, in the learning process. In addition, the increasing number of startups that cater to the need of students at an affordable price is expected to foster the growth of the test preparation market in India during the forecast period.
Develop strategies to make the most of future growth opportunities
Grab an Exclusive Report Now!
Test Preparation Market in India: Major Vendors
Aakash Educational Services Ltd.
The company offers education and test preparation materials for competitive examinations in India. The company offers test preparation materials for IIT JEE, crash courses on NEET JEE, and others.
Bansal Classes Kota
The company offers classroom and distance learning programs for competitive examinations in India. The company offers classroom program for JEE Mains, Advanced, NEET UG, and other examinations.
CL Educate Ltd.
The company offers integrated solutions for corporates, and educational institutions, and universities. The company offers coaching for CAT, XAT, SNAP, and other competitive examinations in India.
FIITJEE Ltd.
The company offers integrated school programs, classroom, and non-classroom programs for competitive examinations in India. The company offers classroom programs from class VI to XII, programs for competitive examinations like JEE Advanced, Mains, and others.
Testbook Edu Solutions Pvt Ltd
The company offers programs for competitive examinations in India. The company offers study materials for examinations like NDA, AFCAT, and other competitive examinations in India.
Related Reports on Test Preparation Market:
Global Academic E-Learning Market – global academic e-learning market is segmented by end-user (higher education and K-12) and geography (APAC, Europe, MEA, North America, and South America).
Download an Exclusive Free Sample Report
Global E-learning Market – Global e-learning market is segmented by end-user (higher education, corporate, and K12) and geography (North America, Europe, APAC, South America, and MEA).
Download an Exclusive Free Sample Report
Global Self-paced E-learning Market – Global self-paced e-learning market is segmented by product (packaged content and services) and geography (North America, APAC, Europe, South America, and MEA).
Download an Exclusive Free Sample Report
Global Language Learning Games Market – Global language learning games market is segmented by end-user (kids and adults) and geography (North America, Europe, APAC, MEA, and South America).
Download an Exclusive Free Sample Report
Global K-12 Blended E-Learning Market – Global K-12 blended e-learning market is segmented by product (hardware, content, system, solutions, and others) and geography (APAC, Europe, MEA, North America, and South America).
Download an Exclusive Free Sample Report
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Market Segmentation by Learning Method
Customer Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
Report: www.technavio.com/report/test-preparation-marketin-india-industry-analysis
SOURCE Technavio
Share this article