India Test Preparation Market Size Growth at $9.07 Billion from 2021 to 2026: Descriptive Analysis of Customer Landscape, Vendor Assessment, and Market Dynamics

New YorkAnd January 16, 2023 /PRNewswire/ – File India Test preparation market It is estimated that the volume will increase by $9.07 billion From 2021 to 2026. The market growth momentum will accelerate at a CAGR of 15.02% during the forecast period, according to Technavio Request a sample report

Technavio has announced its latest market research report titled “India Exam Preparation Market”

Test preparation market in India Vendor analysis
Seller Offers –

  • Bansal Class Kota – The company offers test preparation courses under the brand name Baits.

  • CL Educate Ltd – The company offers online test preparation courses for UPSC, SSC, LAW, BBA, CUCET, and SAT.

  • FIITJEE Ltd. – The company offers online test preparation courses for JEE IIT, NTSE and Olympiads.

  • Handa Education Services Pvt Ltd – The company offers test preparations for the CAT MBA exams.

  • For details about vendors and their offers – Buy the report!

seller view –

Test preparation market in India he Fragmented, with many global and regional vendors present. There are a few notable vendors who offer test preparation at India On the market are Bansal Classes Kota, CL Educate Ltd and FIITJEE Ltd. Handa Education Services Pvt Ltd, IMS Learning Resources Pvt Ltd, Kaplan Inc. Pearson Plc, Testbook Edu Solutions Pvt Ltd, Think and Learn Pvt. Ltd., and Triumphant Institute of Management Education Pvt. Ltd. and others.

The presence of a large number of sellers in the market increases competition among local sellers. Vendors are investing in and updating their service portfolios to meet the needs of more customers due to the growing demand for online test preparation in India. They use marketing strategies such as free quizzes and advertisements through social media platforms, such as YouTube and others, to gain competitive advantages. Increased investment in the education sector and increased prevalence of exam preparation will intensify competition among vendors during the forecast period.

Test preparation market in India The nature of the clients
To help companies assess and develop growth strategies, the report identifies –

Test preparation market in India Division evaluation

Sector overview
Technavio has segmented the market based on product (college exams, certification exams, high school exams, elementary exams, and other exams) and end user (post-secondary and K-12).

  • the University exams The segment will grow at a significant rate during the forecast period. Some of the most popular undergraduate exams include several standardized exams for specific industries, such as engineering, management, science, computer applications, pharmacy, and law. The part also consists of various university-specific entrance exams.

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Test preparation market in IndiaMarket dynamics

Leading drivers – the An increase in the number of enrollment in exam preparation courses Driving market growth. Student enrollment is increasing due to increased competition and a significant decrease in the success rate in competitive exams. Hence, students opt for exam preparation courses to increase their chances of passing these exams. An increase in customer spending, along with a rising cost of living, is driving up enrollment rates. In addition, technological advancement and widespread use of mobile phones is fueling the growth of the market.

Main directions – the Increased use of analytics It is a major trend in the market. As the number of students enrolling in test preparation courses increases, an enormous amount of data is generated. Vendors choose Learning Analytics and Web Analytics to improve the overall design of training provided to students and thus enhance the learning process. Web analytics helps service providers track student progress and identify strong and weak areas. These factors will support the growth of the market during the forecast period.

major challenges – the Increased competition from private tutors Will challenge the test preparation market in India during the forecast period. Tutoring is a rapidly growing business, and many students choose private tutors. Private tutoring is a more effective method of learning, as it enables students to learn at their own pace. It is widely preferred by students appearing for primary, university and secondary exams. These factors will hinder market growth during the forecast period.

Drivers, trends and challenges influence market dynamics that can influence
Business. Find out more ideas in a sample report!

What key data is covered in this India Test Preparation Market Report?

  • The compound annual growth rate of the market over the forecast period

  • Detailed information on the factors that will drive the growth of the test preparation market India Between 2022 and 2026

  • Accurate estimation of the test preparation market size in India India and its contribution to the parent market

  • Accurate predictions about upcoming trends and changes in consumer behaviour

  • Comprehensive analysis of the competitive landscape of the market and detailed information on vendors

  • Comprehensive analysis of factors that will challenge growth India Testing market vendors in preparation for testing

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Related reports:

size Test preparation market in the United States is expected to increase by 11.93 billion US dollars From 2021 to 2026, the market growth momentum will accelerate at a compound annual growth rate of 6.39%. This report covers breakdown broadly by product (college exams, certification exams, high school exams, elementary exams, and other exams), end user (higher education and K-12), and learning model (blended and online).

the Higher Education Testing and Evaluation Market It is expected to grow at a CAGR of 6.32% between 2022 and 2027. The market size is expected to increase by 6,481.55 million US dollars. This report broadly covers market segmentation by product (academic and non-academic), end user (educational institutions, universities, training institutions, etc.) and geography (North AmaricaAnd Europeasia pacific, Middle east And AfricaAnd South america).

Scope of test preparation market in India

report coverage

details

page number

120

base year

2021

forecast period

2022-2026

Growth momentum and compound annual growth rate

Acceleration at a compound annual growth rate of 15.02%

Market growth 2022-2026

$9.07 billion

Market structure, market structure

Fragmented

2021-2022 Annual Growth (%)

14.41

Competitive scene

Top vendors, vendor positioning in the market, competitive strategies, and industry risks

Profile of the main companies

Bansal Classes Kota, CL Educate Ltd, FIITJEE Ltd., Handa Education Services Pvt Ltd, IMS Learning Resources Pvt Ltd, Kaplan Inc., Pearson Plc, Testbook Edu Solutions Pvt Ltd, Think and Learn Pvt. Ltd., and Triumphant Institute of Management Education Pvt. Ltd.

Market dynamics

Key market analysis, market growth drivers and obstacles, fast-growing and slow-growing segments analysis, COVID-19 impact analysis, recovery and future consumer dynamics, market situation analysis for the forecast period.

field of customization

If our report doesn’t include the data you’re looking for, you can reach out to our analysts and customize your segments.

field of customization

If our report doesn’t include the data you’re looking for, you can reach out to our analysts and customize your segments.

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table of contents

Executive summary

Market view

  • market ecosystem

  • Value chain analysis

market sizing

Five forces analysis

Market segmentation by product

  • market segments

  • Compare by product

  • University Examinations – Market Size and Forecast 2021-2026

  • Certification Exams – Market Size and Forecast 2021-2026

  • Matriculation Examinations – Market Size and Forecast 2021-2026

  • Primary Examinations – Market Size and Forecast 2021-2026

  • Other Examinations – Market Size and Forecast 2021-2026

  • Market opportunity by product

Market segmentation by end user

  • market segments

  • comparison by the end user

  • Post-Secondary – Market Size and Forecast 2021-2026

  • K-12 – Market Size and Forecast 2021-2026

  • Market opportunity by the end user

Market segmentation by learning method

  • market segments

  • Comparison by learning method

  • Offline Learning – Market Size and Forecast 2021-2026

  • Online Learning – Market Size and Forecast 2021-2026

  • Market opportunity through learning method

customer scene

  • summary

  • Market drivers

  • Market challenges

  • market trends

Landscape seller

  • summary

  • landscape disturbance

Vendor analysis

  • Sellers covered

  • Put sellers in the market

  • Bansal Class Kota

  • C.L.Educate Ltd

  • FIITJEE Ltd.

  • Handa Education Services Pvt Ltd

  • IMS Learning Resources Pvt Ltd

  • Kaplan Corporation

  • Pearson plc

  • Test book Edu Solutions Pvt Ltd

  • Think and learn soldier. Ltd.

  • Triumphant Institute of Management Education Pvt. Ltd.

trailing

about us
Technavio is a leading global technology research and advisory firm. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and develop effective strategies to improve their market positions. With more than 500 dedicated analysts, Technavio’s reporting library consists of more than 17,000 reports and statistics, covering 800 technologies, spanning 50 countries. Their client base consists of organizations of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in current and potential markets and assess their competitive positions in changing market scenarios. .

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Test preparation market in India

Test preparation market in India

Cision

Cision

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