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TRANSCRIPT
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TABLE OF CONTENTS
1. Indian Education Market Introduction
1.1. Industry Overview
1.2. Indian Education Industry Structure
2. Indian Education Market Size, FY’2008-FY’2011
2.1. By Total Fee Spent on Education, FY’2008-FY’2011
3. Indian Education Market Segmentation, FY’2008-FY’2011
3.1. By Age Group, FY’2011
3.2. By Gender
3.3. By Type of Education
3.3.1. Formal Education Market Size and Projections, FY’2008-FY’2017
3.3.1.1. Formal Education Market Segmentation, FY’2008-FY’2017
K-12 Market Size and Future Projections By Value, FY’2008-FY’2017
Higher Education Market Size, FY’2008-FY’2011
3.3.2. Non-Formal Market Size and Projections FY’2008-FY’2017
3.3.2.1. Non Formal Education Market Segmentation
Pre-School Market Size By Value FY’2008-FY’2017
Market Share of Major Players in Pre- School Market, FY’2009- FY’2011
ICT Market Size and Future Projections By Value, FY’2008- FY’2017
Market Share of Major Players in ICT Market, FY’2011
Tution/Coaching Market Size and Future Projections By Value, FY’2008-FY’2017
Skill Development Market Size and Future Projections by Value, FY’2008-FY’2017
4. Indian Education Market Trends and Development
Fast Growing Indian E-Learning Market Set for Consolidation
Government Expenditure on Education Set to Increase
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Focus on technology and IT Infrastructure in K-12 Segment
Supplementary Teaching and Teacher Training
Development of Virtual and Technology Enabled Learning Solution
Technology Driving Education Industry Growth
Preference for Private Education
5. Indian Education Market Future Outlook and Projections, FY’2012-FY’2017
6. Indian Education Market Company Profiles
6.1. Everonn Systems India Limited
Company Overview
Business Strategies
Financial Performance
6.2. Educomp Solution Limited
Company Overview
Business Strategies
Financial Performance
6.3. NIIT
Company Overview
Business Strategies
Financial Performance
7. Appendix
7.1. Market Definition
7.2. Market Abbreviation
7.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
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Multifactor Based Sensitivity Model
7.4. Disclaimer
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LIST OF FIGURES
Figure 1: Indian Education Market Structure
Figure 2: Indian Education Market Size on the Basis of Total Fee Spent on Education in USD Million in FY’2008-FY’2011
Figure 3: Indian Formal Education Market Size and Future Projections on the Basis of Total Fee Spent on Education in USD Million in FY’2008-FY’2017
Figure 4: K-12 Market Size and Future Projections on the Basis of Total Fee Spent on Education in USD Million, FY’2008-FY’2017
Figure 5: Total Number of Enrollments in Private Schools in K-12 in FY’2008-FY’2011
Figure 6: Indian Higher Education Market Size and Future Projections on the Basis of Total Fee Spent in USD Million, FY’2008-FY’2017
Figure 7: Indian Non Formal Education Market Size and Future Projections on the Basis of Total Fee Spent in USD Million in FY’2008-FY’2011
Figure 8: Indian Pre School Education Market Size and Future Projections on the Basis of Total Fee Spent in USD Million in FY’2008-FY‘2017
Figure 9: Number of Pre School Enrollments in Units, FY’2008-FY‘2011
Figure 10: Market Share of Major Players in Indian Pre-school Market on the Basis of Revenue in Percentage, 2009
Figure 11: Market Share of Major Players in Indian Pre-school Market on the Basis of Revenue in Percentage, 2011
Figure 12: Indian ICT Education Market Size and Future Projections on the Basis of Total Fee Spent in USD Million in FY’2008-FY'2017
Figure 13: Market Share of Major Players in ICT Market on the Basis of Sales in Percentage, 2011
Figure 14: Indian Tuition/Coaching Education Market Size and Future Projections on the Basis of Total Fee Spent in USD Million in FY’2008-FY’2017
Figure 15: Indian Skill development Education Market Size and Future Projections on the Basis of Total Fee Spent in USD Million in FY’2008-FY’2017
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Figure 16: Indian Skill Development Market Segmentation by Type of Training on the Basis of Sales in Percentage, FY’2008-FY’2011
Figure 17: Indian E-learning Education Market Size in USD Million in FY’2008-FY’-2012
Figure 18: Indian Education Market Future Projections on the Basis of Total Fee Spent on Education in USD Million in FY’2012-FY’2017
Figure 19: Everonn Revenue in Million, FY’2008-FY’2011
Figure 20: Educomp Revenue in Million, FY’2008-FY’2011
Figure 21: NIIT Revenue, FY’2006-FY’2011
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LIST OF TABLES
Table 1: Segment-wise Distribution of Budget allocation on Education in Percentage in FY’2009-FY’-2011
Table 2: Enrollment levels in Schools on the Basis of Age Group in 2011
Table 3: Enrollment levels in Schools on the Basis of Gender in 2011
Table 4: Indian Higher and Professional Education Institutes in FY’2009-FY’2011
Table 5: Indian Colleges and Enrollments at Beginning of the Year in FY’2009-FY’2011
Table 6: Class-Wise % of Children Attending Paid Tuition Classes by School Type 2007, 2009, 2010 and 2011
Table 7: Indian Skill Development Market Segmentation by Type of Training on the Basis of Sales in USD Million, FY’2008-FY’2011
Table 8: Future projection of Indian Skill Development Market by Type of Training on the Basis of Sales in USD Million, FY’2012-FY’2017
Table 9: Recent Venture Capital/ Private Equity Investments and M&A Activities in E-Learning Segment in India, 2010-2011
Table 10: Correlation Matrix of Indian Education Industry
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1. INDIAN EDUCATION MARKET INTRODUCTION
INDUSTRY OVERVIEW
India is one of the largest education systems globally and has a network of more than ~ million schools and ~ higher education institutions. India's population in the age group of ~ years constitutes ~ of the total population………
Table: Segment-wise Distribution of Budget allocation on Education in Percentage in FY’2009-FY’-2011
Particulars FY’08-09 FY’09-10 FY’10-11
Elementary Education
Secondary Education
Adult Education
Higher Education (Including Technical & Other)
Total
INDIAN EDUCATION MARKET SIZE, FY’2008-FY’2011
BY TOTAL FEE SPENT ON EDUCATION, FY’2008-FY’2011
Private sector has a strong hold in education industry starting from pre-schools to universities. Formal education market includes K-12 private schools market and higher education industry.
Indian education market grew at a CAGR of ~ % from USD ~ million in FY’2008 to USD ~ million in FY’2011………
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Figure: Indian Education Market Size on the Basis of Total Fee Spent on Education in USD Million in FY’2008-FY’2011
INDIAN EDUCATION MARKET SEGMENTATION, FY’2008-FY’2011
BY AGE GROUP, FY’2011
In the Indian education market around ~ % of the total students attend government schools, ~ % goes in to private schools and ~ % school age population do not have access to schools......
Table Enrollment levels in Schools on the Basis of Age Group in 2011
Age Group Government Private Out of School Other
(05 to 07) years
(08 to 10) years
(11 to 13) years
(14 to 16) years
(6 to 14) years
0.05,000.0
10,000.015,000.020,000.025,000.030,000.035,000.040,000.045,000.0
FY'07-08 FY'08-09 FY'09-10 FY'10-11
USD
Mill
ion
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BY GENDER
In 2011, the ratio of male candidate was high in attending the private schools while more percentage of female candidates was enrolled in government schools…….
Table 1: Enrollment levels in Schools on the Basis of Gender in 2011
Gender Government Private Out of School Other
Female
Male
BY TYPE OF EDUCATION
FORMAL EDUCATION MARKET SIZE AND PROJECTIONS, FY’2008-FY’2017
Formal education can be categorized into K-12 and higher education. Formal education is regulated by Ministry of Human Resource Development. Formal education is the center of India’s education market and has the largest share in the education system………
Figure: Indian Formal Education Market Size and Future Projections on the Basis of Total Fee Spent on Education in USD Million in FY’2008-FY’2017
0.0
10,000.0
20,000.0
30,000.0
40,000.0
50,000.0
60,000.0
USD
Mill
ion
11
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FORMAL EDUCATION MARKET SEGMENTATION, FY’2008-FY’2017
K-12 MARKET SIZE AND FUTURE PROJECTIONS BY VALUE, FY’2008-FY’2017
Schools, globally known as K-12 (Kindergarten to 12th grade), come under the purview of formal education. After Pre-school, students enter in the K-12 generally at the age of ~ years and they finish their K-12 studies at the age of 17 years……………
Figure: K-12 Market Size and Future Projections on the Basis of Total Fee Spent on Education in USD Million, FY’2008-FY’2017
Figure: Total Number of Enrollments in Private Schools in K-12 in FY’2008-FY’2011
0.05,000.0
10,000.015,000.020,000.025,000.030,000.035,000.040,000.045,000.0
USD
Mill
ion
87,000,000
88,000,000
89,000,000
90,000,000
91,000,000
92,000,000
FY'07-08 FY'08-09 FY'09-10 FY'10-11
Num
ber
of E
nrol
lmen
ts
(Uni
ts)
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HIGHER EDUCATION MARKET SIZE, FY’2008-FY’2011
The globalization has brought rapid developments in Indian education market, largely driven by private participation. However, the increased capacity falls significantly short of the needs of the country. Higher education institutes targets the age group of above ~ years and are governed by university grant commission (UGC). Higher education covers graduate, diploma, professional courses and post graduation courses……………
Figure: Indian Higher Education Market Size and Future Projections on the Basis of Total Fee Spent in USD Million, FY’2008-FY’2017
NON-FORMAL MARKET SIZE AND PROJECTIONS FY’2008-FY’2017
The Non-formal education includes preschools (~ years), coaching classes, multimedia/ IT to schools and colleges, vocational training and the books market. Non-formal segments are not regulated in India………...
0.02,000.04,000.06,000.08,000.0
10,000.012,000.014,000.016,000.0
USD
Mill
ion
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Figure: Indian Non Formal Education Market Size and Future Projections on the Basis of Total Fee Spent in USD Million in FY’2008-FY’2011
NON FORMAL EDUCATION MARKET SEGMENTATION
PRE-SCHOOL MARKET SIZE BY VALUE FY’2008-FY’2017
Playschools generally known as pre-schools teach the kids in the age groups of ~ years. Increasing awareness among parents about the benefits of a quality preschool education has been increasing the number of students in pre-school in turn schools are changing considerable amount of fee from parents……………..
Figure: Indian Pre School Education Market Size and Future Projections on the Basis of Total Fee Spent in USD Million in FY’2008-FY‘2017
0.0
5,000.0
10,000.0
15,000.0
20,000.0
USD
Mill
ion
0.0200.0400.0600.0800.0
1,000.01,200.01,400.01,600.0
USD
Mill
ion
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Figure: Number of Pre School Enrollments in Units, FY’2008-FY‘2011
MARKET SHARE OF MAJOR PLAYERS IN PRE- SCHOOL MARKET, FY’2009-FY’2011
Indian Pre-school market is highly fragmented market with 11 major chains such as KidZee, Euro Kids, Apple Kids, Shemrock, Kangaroo Kids, Tree House, Podar Jumbo Kids, Mother’s Pride, DRS Kids and Sunshine. Pre-school market is growing at a rapid rate where KidZee is the dominant player and accounts for around ~ % pre- school market followed by Euro Kids and Apple Kids with ~ % and ~ % market share in 2011.
Figure: Market Share of Major Players in Indian Pre-school Market on the Basis of Revenue in Percentage, 2011
2,000,000
2,100,000
2,200,000
2,300,000
2,400,000
2,500,000
2,600,000
2,700,000
FY'07-08 FY'08-09 FY'09-10 FY'10-11
Uni
ts
KidZee
Euro Kids
Apple Kids
Shemrock
Kangaroo Kids
Treehouse
Others
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ICT MARKET SIZE AND FUTURE PROJECTIONS BY VALUE, FY’2008- FY’2017
The Indian government is encouraging IT education in schools. Public-private partnerships in education has gained wider acceptance………..
Figure: Indian ICT Education Market Size and Future Projections on the Basis of Total Fee Spent in USD Million in FY’2008-FY'2017
MARKET SHARE OF MAJOR PLAYERS IN ICT MARKET, FY’2011
Indian ICT market is the concentrated market amongst few players such as Educomp, Everonn and NIIT Ltd…………….
TUTION/COACHING MARKET SIZE AND FUTURE PROJECTIONS BY VALUE, FY’2008-FY’2017
The students appearing for competitive examination generally prefer to prepare for test through coaching classes and private tuition. Test preparation has been in existence for quite some time for taking any competitive exams. Mostly the preparation starts during classes 11 and 12 for engineering and other competitive exams. In 2011, about ~ students appeared for the IIT-JEE exam, while as many as ~ students appeared for the CAT exam…………
0.0100.0200.0300.0400.0500.0600.0700.0
USD
Mill
ion
16
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Figure: Indian Tuition/Coaching Education Market Size and Future Projections on the Basis of Total Fee Spent in USD Million in FY’2008-FY’2017
SKILL DEVELOPMENT MARKET SIZE AND FUTURE PROJECTIONS BY VALUE, FY’2008-FY’2017
Skill development includes multimedia, books, child skill enhancement, IT training and teacher training. Skill development market has grown at a CAGR of ~ % from ~ million in FY’2008 to USD ~ million in FY’2011. This growth in skill development market has been majorly contributed by books and child skill development market…….
Figure: Indian Skill development Education Market Size and Future Projections on the Basis of Total Fee Spent in USD Million in FY’2008-FY’2017
0.0
2,000.0
4,000.0
6,000.0
8,000.0
10,000.0
12,000.0
USD
Mill
ion
0.0
1,000.0
2,000.0
3,000.0
4,000.0
5,000.0
6,000.0
7,000.0
USD
Mill
ion
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Figure: Indian Skill Development Market Segmentation by Type of Training on the Basis of Sales in Percentage, FY’2008-FY’2011
INDIAN EDUCATION MARKET TRENDS AND DEVELOPMENTS
FAST GROWING INDIAN E-LEARNING MARKET SET FOR CONSOLIDATION
The Indian e-learning market was recorded to be around USD ~ million in 2011. The e-learning market is growing at a rapid pace (growth of ~% in the last 3 years) with the growing competition…
Currently, there are more ~ e-learning companies operating in India among which more than ~ players have just started in the last 3 years. These companies have not yet achieved scale and traction in alluring more students and professionals to their platform…
Figure: Indian E-learning Education Market Size in USD Million in FY’2008-FY’-2012
0.0%10.0%20.0%30.0%40.0%50.0%60.0%70.0%80.0%90.0%
100.0%
FY'07-08 FY'08-09 FY'09-10 FY'10-11
Perc
enta
ge
Books Child skill enhancement Multimedia Teacher Training
0.050.0
100.0150.0200.0250.0300.0350.0400.0450.0500.0
FY'07-08 FY'08-09 FY'09-10 FY'10-11 FY'11-12E
USD
Mill
ion
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Table 2: Recent Venture Capital/ Private Equity Investments and M&A Activities in E-Learning Segment in India, 2010-2011
Date Target Company Acquirer/ Investor Stake Acquired (%)
Deal Value (INR Crore)
INDIAN EDUCATION MARKET FUTURE OUTLOOK AND PROJECTIONS, FY’2012-FY’2017
The future of the Indian education market is expected to grow remarkably due to several factors such as, rising personal disposable income, willingness to spend on education, increasing number of enrollments, surging government spending and also the emerging middle class segment………
Figure: Indian Education Market Future Projections on the Basis of Total Fee Spent on Education in USD Million in FY’2012-FY’2017
0.0
10,000.0
20,000.0
30,000.0
40,000.0
50,000.0
60,000.0
70,000.0
80,000.0
FY'11-12 FY'12-13 FY'13-14 FY'14-15 FY'15-16 FY'16-17
USD
Mill
ion
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