Government Initiatives to Aid Growth of India K-12 Market
Rising income levels, growing willingness to spend on quality education & enhanced affordability and increasing penetration of digital learning to drive India K-12 market through 2024 According to a report released by TechSci Research, ‘ India K-12 Market By School Type, By Curriculum, Competition, Forecast and Opportunities, 2014 – 2024 ’, India K-12 market is anticipated to register growth at a CAGR of over 0.29% during 2019-2024 on account of increasing awareness about quality education across the country. Moreover, surging income levels, growing willingness to spend on quality education and rising awareness towards importance of education further driving growth in the market. Additionally, government plays an important role with their initiatives to modernize the sector to enhance affordability and improve quality education. Also, increased penetration of e-learning and m-learning modules has facilitated the market over the last few years. However, the share of private schoo