Test Preparation Market In India | Discover Top Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025

The Global test preparation market in india is expected to grow by $ 7.22 bn, accelerating at a CAGR of almost 14% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Test Preparation Market In India: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The report segments the market by Product (University exams, Certification exams, High school exams, Elementary exams, and Other exams) and End User (Post secondary and K 12). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
  • 100% of the market growth will originate from India during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Test Preparation Market In India size.

Test Preparation Market In India Size to Grow by $ 7.22 bn through 2021-2025 | Leading Segments and Market Trends

Test Preparation Market In India: Trends, Drivers, Challenges to impact growth

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

  • A key market driver for the Test Preparation Market In India will be rising number of enrollments in test preparation courses.
  • Another factor that will boost the market will be the Increase in number of startups.
  • Increasing competition from private tutors is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Test Preparation Market In India: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Aakash Educational Services Ltd., Bansal Classes Kota, CL Educate Ltd., FIITJEE Ltd., Kaplan Inc., Pearson Plc, Testbook Edu Solutions Pvt Ltd, Think and Learn Pvt. Ltd., Toppr Technologies Pvt. Ltd., and Triumphant Institute Of Management Education Pvt. Ltd. are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 14%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 7.22 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    rising number of enrollments in test preparation courses will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Afghanistan and Africa are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    100% growth will originate from India

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Aakash Educational Services Ltd., Bansal Classes Kota, CL Educate Ltd., FIITJEE Ltd., Kaplan Inc., Pearson Plc, Testbook Edu Solutions Pvt Ltd, Think and Learn Pvt. Ltd., Toppr Technologies Pvt. Ltd., and Triumphant Institute Of Management Education Pvt. Ltd.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (University exams, Certification exams, High school exams, Elementary exams, and Other exams) and End User (Post secondary and K 12)

Test Preparation Market Size to Grow by $ 7.22 bn During 2021-2025

Technavio has been monitoring the test preparation market and it is expected to grow by $ 7.22 bn, accelerating at a CAGR of almost 14% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Test Preparation Market: Receive Free Sample Report


Test Preparation Market: India to lead market growth during the forecast period

  • 100% of the market growth will originate from India during the forecast period.
  • will be a key trend that will influence market growth significantly.
  • The Rising number of enrollments in test preparation courses will be a significant factor in driving the growth of the test preparation market.

Test Preparation Market In India Size to Grow by $ 7.22 bn through 2021-2025 | Leading Segments and Market Trends

Test Preparation Market: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aakash Educational Services Ltd., Bansal Classes Kota, CL Educate Ltd., FIITJEE Ltd., Kaplan Inc., Pearson Plc, Testbook Edu Solutions Pvt Ltd, Think and Learn Pvt. Ltd., Toppr Technologies Pvt. Ltd., and Triumphant Institute Of Management Education Pvt. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights on this market: Download a Free Sample Report

Test Preparation Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive test preparation market growth during the next five years
  • Precise estimation of the test preparation market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the test preparation market industry across Afghanistan and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of test preparation market vendors

The test preparation market in India has the potential to grow by USD 7.22 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 13.93%.

This test preparation market research report in India provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (university exams, certification exams, high school exams, elementary exams, and other exams) and end-user (post-secondary and K 12). The test preparation market in India report also offers information on several market vendors, including Aakash Educational Services Ltd., Bansal Classes Kota, CL Educate Ltd., FIITJEE Ltd., Kaplan Inc., Pearson Plc, Testbook Edu Solutions Pvt Ltd, Think and Learn Pvt. Ltd., Toppr Technologies Pvt. Ltd., and Triumphant Institute Of Management Education Pvt. Ltd. among others. View Free Sample Report

Key Trends to impact market growth

The increasing use of analytics is one of the key test preparation market trends in India. Web analytics provides data regarding new student enrollments, which can further be utilized to offer improved coaching to the new batches. Vendors are using web analytics to study the data concerning the type of exam, student, and previous question papers.  The use of learning analytics and web analytics helps vendors to apprehend the data and improve the overall design of the coaching provide to students, thus enhancing their role in the learning process. The benefits are leading to the increasing use of analytics in the test preparation market in India, which is resulting in market growth. 

Test Preparation Market In India Size to Grow by $ 7.22 bn through 2021-2025 | Leading Segments and Market Trends

Top Driver to Boost Demand for test preparation market

The rising number of enrollments in test preparation courses is one of the primary drivers for the test preparation market in India. Due to the factors such as growing student competition and a significant decline in the test pass percentage in competitive exams, the number of enrollments in test preparation courses is steadily increasing. The enrollment in test preparation courses is also rising as chances of a student clearing competitive exams are higher. These factors have resulted in high demand for test preparation courses in India, thus driving market growth.

Vendor Analysis: Aakash Educational Services Ltd., Bansal Classes Kota and CL Educate Ltd. are key growth contributors

Test Preparation Market In India Size to Grow by $ 7.22 bn through 2021-2025 | Leading Segments and Market Trends

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Aakash Educational Services Ltd., Bansal Classes Kota, CL Educate Ltd., FIITJEE Ltd., Kaplan Inc., Pearson Plc, Testbook Edu Solutions Pvt Ltd, Think and Learn Pvt. Ltd., Toppr Technologies Pvt. Ltd., and Triumphant Institute Of Management Education Pvt. Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

Test Preparation Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive test preparation market growth during the next five years
  • Precise estimation of the test preparation market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the test preparation market industry across Afghanistan and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of test preparation market vendors
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