Technavio recognizes the following companies as the key
players in the test preparation market in India: Aakash Educational Services,
Byju's, FIITJEE, Kaplan, Pearson Education, TIME, and THINKCELL Learning
Solutions.
Commenting on the report, an analyst from Technavio’s team said: “One trend
in the market is increasing use of analytics. The concept of analytics is
gaining traction in the test preparation market in India. As there is a
significant increase in the number of student enrollments in test preparation
courses, a wide array of data regarding the student, type of exam, and previous
question papers are generated and collected by vendors during the test
preparation.”
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According to the report, one driver in the market is rising
number of enrollments in test preparation courses. One of the major factors
catering to the growth of the market is the increasing number of student
enrollments in the test preparation market, due to rising student competition
along with significant decline in the test pass percentage in competitive
exams.
Further, the report states that one challenge in the market
is increasing competition from private tutors. The test preparation market in
India witnesses increasing competition from private tutors. Tutoring is one of
the fast-growing businesses. Many students are not comfortable in attending
group classes and opt for private tutors. Private tutoring is a far more
effective method of learning for some students, enabling them to learn and grow
at their own pace. However, the major concern in the private tutoring market is
that many students fail to find the right tutor and vice versa.
The study was conducted using an objective combination of
primary and secondary information including inputs from key participants in the
industry. The report contains a comprehensive market and vendor landscape in
addition to a SWOT analysis of the key vendors.
The market is
expected to grow at a CAGR of 12.50%
About Test
Preparation
Technavio’s market
study identifies the rising enrollments in test preparation courses to be one
of the primary growth factors for the test preparation market in India. Due to
factors such as rising student competition and significant decline in the test
pass percentage in competitive exams, the number of enrollments in test
preparation courses is steadily increasing.
Technavio’s analysts
forecast the test preparation market in India to grow at a CAGR of 15.72%
during the period 2018-2022.
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Report with Table of Content @ https://marketreportscenter.com/reports/585322/test-preparation-market-in-india-2018-2022
Covered in this
report
The report covers the present scenario and the growth
prospects of the test preparation market in India for 2018-2022. To calculate
the market size, the report presents a detailed picture of the market by way of
study, synthesis, and summation of data from multiple sources.
Technavio's report, Test Preparation Market in India
2018-2022, has been prepared based on an in-depth market analysis with inputs
from industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
Key vendors
·
• Aakash
Educational Services
·
• Byju's
·
• FIITJEE
·
• Kaplan
·
• Pearson
Education
·
• TIME
·
• THINKCELL
Learning Solutions
Market driver
·
• Rising
number of enrollments in test preparation courses
·
• For a
full, detailed list, view our report
Market challenge
·
• Increasing
competition from private tutors
·
• For a
full, detailed list, view our report
Market trend
·
• Increasing
use of analytics
·
• For a
full, detailed list, view our report
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