Distance Mode of Education to Witness Significant Growth in India Higher Education Market During Forecast Period
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 Market By Type, By Affiliation,
By Courses Offered, By Mode of Education, By Gender, Competition, Forecast
& Opportunities, 2025” the India higher education market is expected to grow at a
steady 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 is anticipated to witness growth over the coming years owing
to the 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.
“India Higher Education Market By Type, By Affiliation,
By Courses Offered, By Mode of Education, By Gender, Competition, Forecast
& Opportunities, 2025” has
evaluated the future growth potential of India higher education 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 India higher education market.
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