SAM expects the Indian education sector's market size to increase to Rs 602,410 crore ($109.84 billion) by FY15 due to the expected strong demand for quality education. Indian education sector's market size in FY12 is estimated to be Rs 341,180 crore.
The sector grew at a compounded annual growth rate of 16.5% during FY05-FY12. The higher education (HE) segment was at 34.04% ($17.02billion) of the total size in FY10 and grew by a CAGR of 18.13% during FY04-FY10.
India Ratings, a Fitch Group Company, said that it has a stable outlook on the Indian education sector which includes both school and higher education. SAM is instrumental in benefiting 168 beneficiaries with diversified services including fund raising through venture capital, mergers, ECB loan and grants.