India K-12 Education Market Size & Outlook, 2023-2030

The k-12 education market in India is expected to reach a projected revenue of US$ 341,612.0 million by 2030. A compound annual growth rate of 16.9% is expected of India k-12 education market from 2024 to 2030.
Revenue, 2023 (US$M)
$114,671.2
Forecast, 2030 (US$M)
$341,612.0
CAGR, 2024 - 2030
16.9%
Report Coverage
India

India k-12 education market highlights

  • The India k-12 education market generated a revenue of USD 114,671.2 million in 2023 and is expected to reach USD 341,612.0 million by 2030.
  • The India market is expected to grow at a CAGR of 16.9% from 2024 to 2030.
  • In terms of segment, high school (9-12) was the largest revenue generating application in 2023.
  • Middle School (6-8) is the most lucrative application segment registering the fastest growth during the forecast period.


K-12 education market data book summary

Market revenue in 2023USD 114,671.2 million
Market revenue in 2030USD 341,612.0 million
Growth rate16.9% (CAGR from 2023 to 2030)
Largest segmentHigh school (9-12)
Fastest growing segmentMiddle School (6-8)
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationElementary School (K-5), Middle School (6-8), High School (9-12)


Other key industry trends

  • In terms of revenue, India accounted for 4.6% of the global k-12 education market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan k-12 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 341,612.0 million by 2030.

High school (9-12) was the largest segment with a revenue share of 48.88% in 2023. Horizon Databook has segmented the India k-12 education market based on elementary school (k-5), middle school (6-8), high school (9-12) covering the revenue growth of each sub-segment from 2017 to 2030.


The Indian K-12 education sector has seen tremendous growth owing to the rapid adoption of e-learning solutions, increasing smartphone and internet penetration, growing support by the government for digital education, and rising awareness regarding the benefits of technology in the education sector.

Several initiatives by the government such as tax benefits for EdTech start-ups and promoting the use of e-learning in the education system have played a vital role in driving the adoption of technology in the education sector.

In addition, companies such as Udemy, BYJU, Vedantu, and UpGrad, have captured the Indian market, thereby promoting the culture of online and personalized K-12 learning in the country.

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K-12 Education Market Companies

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India k-12 education market size, by application, 2017-2030 (US$M)

India K-12 Education Market Outlook Share, 2023 & 2030 (US$M)

India k-12 education market size, by application, 2017-2030 (US$M)

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