Asia-Pacific Education Industry - Prospects in India
January 2011
68
About the Report
About the Report
- The number of international students attending Australian education institutions has increased sharply over the three years to 2008, growing from 380,000 in 2006 to 544,000 in 2008, an increase of 43 percent.
- The total economy-wide contribution to GDP made by international students is estimated as US$~ billion in 2007-08.
- International student activity is estimated to have contributed just over 122,000 (Full-Time Equivalent employees) FTE employees to the Australian economy in 2007-08.
- Australia has developed an effective and efficient higher education system. A recent University World News analysis ranked the Australian system third in the world.
- In Japan continuing education programs are most on demand due to rapidly aging population and the number of people interested in continuing education is growing.
- The private education industry in China is regarded as the most on demand market by the private equity and venture capitalists firms in the last couple of years.
- Chinese population of students from primary to university comprises ~% global population whereas the market share of the education sector is approximately ~% only in value terms.
- The Chinese government has planned to increase its spending on education to ~% of the country's gross domestic product (GDP) by 2012.
- Indonesia is regarded as one of the major markets for US educational institutes. Indonesia has several government owned, privately owned and international high schools.
- During 2007-2008, 7692 Indonesian students studied in the US, which made Indonesia the 16 ranked country in terms of students from different origin
- Private sector has a strong hold in education industry starting from pre-schools to universities, formal IES accounts for almost US$~ billion, non-formal IES US$~ billion and together almost US$~ billion in 2009
- In terms of total education market revenue, K-12 contribution is the highest as the market size for K-12 school is the biggest in India as compared to other professional courses. By 2012 the overall pre-school market is expected to cross US$~ billion, the organized segment is expected to grow faster.
- Educomp is the industry leader in K-12 segment, also has an 18-24 month lead in multimedia within schools, its K-12 programme.
- The Gross Enrollment Ratio (GER) in higher education in India (percent of relevant age group enrolled in higher education) is estimated at 11%. In comparison, enrollments levels are 60% in the US and 16% in China.
- The Non-formal education market has reached to the level of US$~ billion and expected to grow with a CAGR of 13.23% (US$~ billion) by 2012.
- The worldwide market for online tutoring is estimated to be in the region of US$~ billion. India now earns around US$~ million per year from online tutoring. The franchise industry is in its early stage of development in India.
- The report offers education industry size and scope with detailed description of industry segments.
- It talks about recent trends prevailing in the industry which can impact the present and future performance.
- It also discusses opportunities for industry players and government initiatives to boost demand.
- Contains a study of the major internal and external factors affecting the industry in the form of industry trends, examination of leading industry players and growth drivers.
- Data is supplemented with details on the industry past performance, present analysis and future projections; also opportunities present in many countries
Products
Products
Private Education System, Formal IES, Non-formal IES (Coaching Classes, Test Prepration Market Vocational Training, Online Education, Education Materi
Companies
Everonn Systems India Limited , Educomp Solutions Limited, NIIT
Table of Contents
Table of Contents
1. Global Education Sector and Reform
List of Figure
Figure: Global Education Market by Value (2003, 2005, 2007, 2009)
List of Table
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