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The US Education Industry Outlook to 2016 – Outperforming Post-Secondary Education Segment

The report titled “The US Education Industry Outlook to 2016 – Outperforming Post-Secondary Education Segment” provides a comprehensive analysis on the education market in the US covering various aspects such as market size of the education industry on the basis of total fee spent on education and enrollments and market segments such as pre-primary, elementary, secondary, post-secondary education. The report also entails competitive landscape and profiles of the major players operating in the industry. The future projections are included to provide an insight on the prospects in the US education industry.

The US is one of the most sought-after destinations for educational purposes due to the availability of better career prospects, high growth opportunity and accessibility of technologically developed higher educational institutions. The revenue generated from the US education industry has grown from USD ~ billion in 2006 to ~ billion in 2011 at a CAGR of ~%. The major drivers for this growth were the increasing number of foreign students in the US, the willingness of parents to spend on education, different government initiated awareness programs and growing awareness about the importance of education.

Pre-primary education includes kindergarten, nursery schools, preschool program and child/day care centers. In 2011, a sum of USD ~ billion was spent by the population in the US on pre-primary education as total tuition fees. The increasing willingness of the parents and investments from the US government in the education of young children indicates a strong growth momentum in pre-school education. It is estimated that the Pre-primary education market will grow at a CAGR of ~% reaching out USD ~ billion in 2016.

The revenue generated from the public elementary and secondary education market has increased from USD ~ billion in 2006 to ~ billion in 2011 at a CAGR of 1.1%. The sector has witnessed a decline in the number of enrollments in the year 2007 and 2008. The number of enrollments has dropped down to ~ thousand in 2008 as compared to ~ thousand in 2006. This was primarily due to the increased dropout rates, economic downturn, poor teacher student ratio and poor condition of schools

The post-secondary education sector has improved over the period of 5 years with an increase of ~% in its market share, due to an increase in the number of post-secondary education enrollments from ~ thousand in 2006 to ~ thousand in 2011 at a CAGR of ~%.

E-learning market is one of the fastest growing segments in the US education Industry. With the adoption of online education by K-12 schools and higher educational institutes, the number of individuals pursuing online education has increased remarkably in the last 5 years. The US e-learning market was recorded to be around USD ~ billion in 2011. Increasing penetration of devices such as smart phones, laptops, palmtops and tablets have contributed significantly in the development of e-learning in the US education market. It is estimated that the e-learning market size will grow at a CAGR of ~% in near future reaching out USD ~ billion in 2016

The domestic education industry is highly fragmented and increasingly competitive with no education company controlling substantial market share. Students are opting among education providers based on the programs and degrees offered, program suppleness and convenience, quality of teaching, placement rates, reputation, recruiting effectiveness and course cost. Major players operating in the proprietary education industry include Apollo Group, Bridgepoint Education, Capella Education, DeVry, Corinthian Colleges, Education Management Corporation, ITT Educational Services, Kaplan and Strayer Education.

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The US Education Industry Outlook to 2016 – Outperforming Post-Secondary Education Segment

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India Education Market Outlook to 2016 – Fast Growing E-learning Segment Set for Consolidation

The report titled “India Education Market Outlook to 2016 – Fast Growing E-learning Segment Set for Consolidation” provides a comprehensive analysis on the education market in India covering various aspects such as market size of the education industry on the basis of total fee spent on education and market segmentation by age group, gender and by type of education. The report also entails competitive landscape and profiles of the major players operating in the industry. The future projections are included to provide an insight on the prospects in the Indian education industry.

The education market in India is one of the largest education systems globally which has registered a decent growth rate over the period. This growth rate can be attributed to growth in average annual fee, increase in students enrolled in private schools and willingness of parents to spent on education. In terms of revenue, the Indian education industry has recorded consistent growth at a 3 year CAGR of ~ over the period. The revenue of Indian education market grew from USD ~ billion in FY’2008 to USD ~ billion in FY’2011.

The formal education market contributes majorly in total private education revenues and in FY’2011 it accounted for ~ % of the total education market in India. The Non-formal education market has reached USD ~ million in FY’2011, at a CAGR of ~ % from USD ~ million in FY’2008.

Globally, India has one of the lowest enrollment and highest dropout ratios which results into one of the lowest net enrollment levels in the world. K12, the largest segment reached to USD ~ million in FY’2011. The revenue generated by Indian higher education market has reached USD ~ million in FY’2011.

In 2011, pre-schools market has posted sales of USD ~ million, registering a CAGR of ~ %. 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.

The Indian e-learning market was recorded to be around USD ~ million in 2011. E-learning is prevalent in mega cities in India. It is estimated that as the low cost PCs and broadband will penetrate the small cities and rural areas, it will have a favorable impact on e-learning market.

The segment has seen entry of several players to share the pie of online content development and tutoring. The segment is all set for consolidation with larger entities acquiring the small players in this arena in the next 5 years.

ICT market has showcased a phenomenal growth in recent past. ICT market grew at a CAGR of ~ % from USD ~ million in FY’2008 to USD ~ million in FY’2011. Further, in coming years, ICT market is expected to grow at a CAGR of ~ % reaching USD ~ by FY’2017. ICT market is growing at a rapid rate where Educomp is the dominant player and accounts for ~ % market share followed by NIIT Ltd and Everonn with ~ % and ~ % market share in 2011 respectively.

Skill development includes multimedia, books, child skill enhancement, IT training and teacher training. Skill development market has grown at a CAGR of 17.3% from ~ million in FY’2008 to USD ~ million in FY’2011.

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India Education Market Outlook to 2016 – Fast Growing E-learning Segment Set for Consolidation

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