Indian preschool market is poised to grow at a tremendous pace as the market is under-penetrated. Higher disposable income among the middle class in India and the importance they attach to education will lead to further development of the pre-school market.
E-learning market in India was valued at INR 18.41 tr in 2010-11 and is expected to grow at a CAGR of 20%. Increasing internet penetration, low existing coverage and rising demand are expected to develop this market strongly in the near future.
China is one of the fastest growing global economies. It has achieved and maintained an annual compound growth rate of GDP well above 9% since the 1980s. China has become the second largest economic entity in the world by 2010. It can be expected to China is one of places attracting foreign companies and investors around the world in the foreseeable future.
Growth in the country’s GDP over the past years and a strong surge in trading activities within key industry verticals have resulted in the expansion pf business which in turn has directly amplified the customer base tremendously in India.
China is one of the fastest growing global economies. It has achieved and maintained an annual compound growth rate of GDP well above 9% since the 1980s. China is expected to become the second largest economic entity in the world by 2012.
ICT in education sector in India consists of the implementation of various IT tools / applications which help facilitate imparting of better and efficient educational services. The market size was estimated to be valued at INR 23.9 bn in 2010.
The real estate broking market in India is driven by growth in the demand for residential and commercial space in India. Rise in disposable income and tendency of real estate sector to withstand market volatility has led to an overall increase in investments in the sector.
The kindergarten to grade 12 (K12) market in India accounts for a substantial share of the total education market. This segment is estimated to be worth INR 20 bn and is expected to be growing at 14% per annum. This space has seen large scale public and private participation.
The legal services market in India has been growing steadily and is currently pegged at USD 300 mn. The increase in demand for corporate lawyers has led to a growing interest from foreign entities. Domestic law firms are also focusing on international deals and having pan-India presence.