LONDON--(BUSINESS WIRE)--Technavio has been monitoring the preschool market in India and it is poised to grow by USD 3.27 billion during 2020-2024, progressing at a CAGR of 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request Free Sample Report on COVID-19 Impact
Frequently Asked Questions-
- At what CAGR is the market projected to grow during the forecast period 2020-2024?
- Growing at a CAGR of almost 18%, the market growth will accelerate during the forecast period of 2020-2024.
- What is the key factor driving the market?
- Increasing participation of women in the labor force is one of the key factors driving market growth.
- What are the top players in the market?
- EuroKids International Pvt. Ltd., Founding Years Learning Solutions Pvt. Ltd., Globetrotters Kids, S.K. Educations Pvt. Ltd., SHEMROCK Group of Preschools, Smartkidz Educare India Pvt. Ltd., The Banyan, Tree House Education & Accessories Ltd., WeCare Learning Pvt. Ltd., and Zee Learn Ltd. are some of the major market participants.
- What is the major trend of the market?
- Personalized education programs and advanced services offered by a few vendors is a major growth factor for the market.
- What is the year-over-year growth rate of the global market?
- The year-over year growth rate for 2020 is estimated at 17.20%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. EuroKids International Pvt. Ltd., Founding Years Learning Solutions Pvt. Ltd., Globetrotters Kids, S.K. Educations Pvt. Ltd., SHEMROCK Group of Preschools, Smartkidz Educare India Pvt. Ltd., The Banyan, Tree House Education & Accessories Ltd., WeCare Learning Pvt. Ltd., and Zee Learn Ltd. are some of the major market participants. The increasing participation of women in the labor force will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Preschool Market in India 2020-2024: Segmentation
Preschool Market in India is segmented as below:
-
Area
- Urban
- Rural
-
Age Group
- Children Aged 3-6 Years
- Children Aged Below 3 Years
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40211
Preschool Market in India 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our preschool market in India report covers the following areas:
- Preschool Market size in India
- Preschool Market trends in India
- Preschool Market analysis in India
This study identifies personalized education programs and advanced services offered by a few vendors as one of the prime reasons driving the preschool market growth in India during the next few years.
Preschool Market in India 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the preschool market in India, including some of the vendors such as EuroKids International Pvt. Ltd., Founding Years Learning Solutions Pvt. Ltd., Globetrotters Kids, S.K. Educations Pvt. Ltd., SHEMROCK Group of Preschools, Smartkidz Educare India Pvt. Ltd., The Banyan, Tree House Education & Accessories Ltd., WeCare Learning Pvt. Ltd., and Zee Learn Ltd. Backed with competitive intelligence and benchmarking, our research reports on the preschool market in India are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform
Preschool Market in India 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist preschool market growth in India during the next five years
- Estimation of the preschool market size in India and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the preschool market in India
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of preschool market vendors in India
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Value chain analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: CUSTOMER LANDSCAPE
PART 07: MARKET SEGMENTATION BY AREA
- Market segmentation by area
- Comparison by area
- Urban - Market size and forecast 2019-2024
- Rural - Market size and forecast 2019-2024
- Market opportunity by area
PART 08: MARKET SEGMENTATION BY AGE GROUP
- Market segmentation by age group
- Comparison by age group
- Children aged 3-6 years - Market size and forecast 2019-2024
- Children aged below 3 years - Market size and forecast 2019-2024
- Market opportunity by age group
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Rising trend of high-value services
- Rising trend of corporate playschools
- Increased emphasis on teacher training
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- EuroKids International Pvt. Ltd.
- Founding Years Learning Solutions Pvt. Ltd.
- Globetrotters Kids
- S.K. Educations Pvt. Ltd.
- SHEMROCK Group of Preschools
- Smartkidz Educare India Pvt. Ltd.
- The Banyan
- Tree House Education & Accessories Ltd.
- WeCare Learning Pvt. Ltd.
- Zee Learn Ltd.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises 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 existing and potential markets and assess their competitive positions within changing market scenarios.
