Coaching classes have emerged as the prominent education system in India and is estimated to be worth USD6.8 bn in 2008. The coaching classes market consists of - Private tuitions market and Entrance Test preparation market. The market is highly fragmented and regional in nature.
The report provides a brief overview of the coaching class market including market size, growth and key segments. An analysis of drivers explain factors contributing to the growth of coaching class market based on high teacher-pupil ratio in schools, increase propensity to spend among parents on child’s education and increasing competition at graduate and post graduate level. The key challenges identified include low scalability of private tuitions market, lack of government and financial aid and change in entrance test pattern.
The key trends identified include increase in PE/VC investments, diversification of coaching institutes into mainstream education, increase in demand for online tutoring and correspondence coaching materials. Major players in the market are also identified including business model, key financials and expansion plans for each player.
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