Title: Rising Number of Enrollments in Standard 12th to influence the growth of Test Preparation Companies Positively: Ken Research
1Rising Number of Enrollments in Standard 12th to
influence the growth of Test Preparation
Companies Positively Ken Research
2- Future Growth India test preparation market is
expected to be led by rising number of smartphone
users, rising internet users, and rising
enrollments in standard 12th. - The dominating test preparation market players
have centres across all the regions in India
which caters the demand for domestic market. The
major players include IMS, T.I.M.E, FIITJEE,
Aakash, Career Launcher, MT Educare and
Resonance. - The market is majorly dominated by the
unorganized sector in terms of enrollments while
the organized sector has a higher share in the
revenues. - Ken Research announced its latest publication on
India Test Preparation Market Outlook to 2020
Growing Target Base and Surge in Web Analytics to
Drive Growth in Online Space which provides a
comprehensive analysis of the test preparation
companies in India. The report covers aspects
such as overall test preparation market size,
segmentation of overall market by
organized/unorganized sector, by level of
education, and by stream of education
(undergraduate, postgraduate and job based). The
study also includes a comparative analysis of
online and offline test preparation markets on
the basis of parameters like age group, gender,
3- coaching duration, stream of education,
destination of study. The publication extensively
details about competitive landscape of key
players operating in the market with their
detailed company profile. Business model followed
by leading manufacturers is also explained in
detail. Emerging and leading organized test
preparation companies are also covered in the
report with their company profiles including
information about number of enrollments, USP,
business model, number of faculty, and course
pricing. The future analysis of overall test
preparation market has been discussed along with
recommendations from analyst view. The number of
enrollments tends to have a positive impact on
the test preparation market in India. As the
number of enrollments in standard 12th rise, the
number of students enrolling themselves under
various coaching exams also rises. Thus there is
a positive correlation between the two
parameters. The number of students enrolled has
increased considerably in last 5 years at a CAGR
of 2. The number of enrollments in the future is
estimated to grow at a CAGR of 1. The
enrollments in the future shall also get
positively affected by this. The number of
students enrolling themselves for standard 12th
exams is estimated to grow to 1.1 million by
FY2020.
4- The online test preparation market has
been quite dynamic with the entry of number of
new startups in this segment. The online test
preparation market has grown at an unprecedented
CAGR of 17.8 during the period FY2010-FY2015
which is expected to outperform the overall test
preparation market growth in next 5 years.
Preference towards e-learning modules and online
mock exams are the reasons for rising market
revenue of online test preparation segment.
According to the research estimates the online
test preparation market is expected to have
around 19 share in the total market by FY2020.
In order to penetrate into Indian test
preparation market, the test preparation
institutes need to focus on effective marketing
strategies. The companies could provide free mock
exams, option to renew existing packages at
discounted prices and also complimentary
discounts on related courses. Additionally, the
infomercials in trade journals and webinars could
also help the company in generating brand
awareness among the people. Quality
certifications will also prove beneficial for
attracting more number of students, according to
the Research Analyst, Ken Research.
5- Key Topics Covered in the Report
- The market size of India Test Preparation
Market - By Revenues
- By Enrollments
- Market segmentation of India Test Preparation
market on the basis of - By Organized/Unorganized sector
- By Stream of Education
- By Level of Education
- By Regions
- The market size of Online Test Preparation
Market - By Revenues
- Comparison of Online and Offline Test Preparation
Markets - By Age Group
- By Gender
- By Coaching Duration
- By Destination of Study
- By Stream of Education
- By Regional Distribution
- By level of Education
6- Key Products Covered in the Report
- Online Test Preparation, Offline Test
Preparation, GRE, GMAT, TOEFL, IELTS, SSC, Bank
PO, UPSC, Undergraduate Test Courses, Post
Graduate Test Courses, CAT, Management Program
Test Courses, Engineering Courses Competitive
Tests - Related Reports
- India Corporate Training Market Forecasts to 2020
- Incremental Allocation of Training Budgets in
MSMEs and PPP in Skill Development Initiatives to
Propel Growth - India Executive Education Market Outlook to 2020
- Preference for Skill Based MDPs and Virtual
Education to Drive Future - India Vocational Training Industry Outlook to
2018 - Driven by Rising Demand For Skilled
Manpower - ContactKen ResearchAnkur Gupta, Head
Marketing CommunicationsAnkur_at_kenresearch.com
91-9015378249
7Thank you