India Higher Education Market Size & Outlook, 2023-2030

The higher education market in India is expected to reach a projected revenue of US$ 54,372.2 million by 2030. A compound annual growth rate of 15.8% is expected of India higher education market from 2024 to 2030.
Revenue, 2023 (US$M)
$19,421.5
Forecast, 2030 (US$M)
$54,372.2
CAGR, 2024 - 2030
15.8%
Report Coverage
India

India higher education market highlights

  • The India higher education market generated a revenue of USD 19,421.5 million in 2023 and is expected to reach USD 54,372.2 million by 2030.
  • The India market is expected to grow at a CAGR of 15.8% from 2024 to 2030.
  • In terms of segment, offline was the largest revenue generating mode in 2023.
  • Online is the most lucrative mode segment registering the fastest growth during the forecast period.

Higher education market data book summary

Market revenue in 2023USD 19,421.5 million
Market revenue in 2030USD 54,372.2 million
Growth rate15.8% (CAGR from 2023 to 2030)
Largest segmentOffline
Fastest growing segmentOnline
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOffline, Online
Key market players worldwideSouthern California Institute of Technology, Imperial College London, Massachusetts Institute of Technology, Stanford University, University of Oxford, Columbia University, Peking University Resources Holdings Co Ltd, Tsinghua University, Harvard College, Princeton University, The University of Tokyo, University of Cape Town, University College London (UCL), Technological University of Los Andes, University of Pennsylvania, Yale University

Other key industry trends

  • In terms of revenue, India accounted for 2.6% of the global higher education market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, South Korea higher education market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 54,372.2 million by 2030.

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Higher Education Market Companies

Name Profile # Employees HQ Website

India higher education market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to higher education market will help companies and investors design strategic landscapes.


Offline was the largest segment with a revenue share of 69.81% in 2023. Horizon Databook has segmented the India higher education market based on offline, online covering the revenue growth of each sub-segment from 2018 to 2030.


  • India Higher Education Mode Outlook (Revenue, USD Million, 2018-2030)
    • Offline
    • Online
  • India Higher Education Revenue Source Outlook (Revenue, USD Million, 2018-2030)
    • Tution fees
    • Grants, Contracts, and Gifts
    • Investment Returns
    • Others
  • India Higher Education Course Outlook (Revenue, USD Million, 2018-2030)
    • Undergraduate
    • Masters
    • PhD
  • India Higher Education Institution Outlook (Revenue, USD Million, 2018-2030)
    • Public
      • State Universities
      • Governmnet Colleges
      • Others
    • Private
      • Private Colleges
      • Community Colleges
      • Others

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  • Our clientele includes a mix of higher education market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India higher education market , including forecasts for subscribers. This country databook contains high-level insights into India higher education market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India higher education market size, by mode, 2018-2030 (US$M)

India Higher Education Market Outlook Share, 2023 & 2030 (US$M)

India higher education market size, by mode, 2018-2030 (US$M)

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