In India, the share of the population that earned at least the equivalent of the highest ** percent of global income earners as of 2022 in purchasing power parity (PPP) terms was ** percent. Hyderabad topped the list with the highest share of middle-class and above category of consumers. Cities from south India topped the list with the first four ranks, followed by the national capital, Delhi.

By 2030, the middle-class population in Asia-Pacific is expected to increase from 1.38 billion people in 2015 to 3.49 billion people. In comparison, the middle-class population of sub-Saharan Africa is expected to increase from 114 million in 2015 to 212 million in 2030.

Worldwide wealth

While the middle-class has been on the rise, there is still a huge disparity in global wealth and income. The United States had the highest number of individuals belonging to the top one percent of wealth holders, and the value of global wealth is only expected to increase over the coming years. Around 57 percent of the world’s population had assets valued at less than 10,000 U.S. dollars; while less than one percent had assets of more than million U.S. dollars. Asia had the highest percentage of investable assets in the world in 2018, whereas Oceania had the highest percent of non-investable assets.

The middle-class

The middle class is the group of people whose income falls in the middle of the scale. China accounted for over half of the global population for middle-class wealth in 2017. In the United States, the debate about the middle class “disappearing” has been a popular topic due to the increase in wealth to the top billionaires in the nation. Due to this, there have been arguments to increase taxes on the rich to help support the middle-class.

This dataset is one which highlights the demographics of Upper-Middle Class people living in Gachibowli, Hyderabad, India and attempts to, through various methods of statistical analysis, establish a relationship between several of these demographic details.

In the financial year 2021, a majority of Indian households fell under the aspirers category, earning between ******* and ******* Indian rupees a year. On the other hand, about ***** percent of households that same year, accounted for the rich, earning over * million rupees annually. The middle class more than doubled that year compared to ** percent in financial year 2005. Middle-class income group and the COVID-19 pandemic During the COVID-19 pandemic specifically during the lockdown in March 2020, loss of incomes hit the entire household income spectrum. However, research showed the severest affected groups were the upper middle- and middle-class income brackets. In addition, unemployment rates were rampant nationwide that further lead to a dismally low GDP. Despite job recoveries over the last few months, improvement in incomes were insignificant. Economic inequality While India maybe one of the fastest growing economies in the world, it is also one of the most vulnerable and severely afflicted economies in terms of economic inequality. The vast discrepancy between the rich and poor has been prominent since the last ***** decades. The rich continue to grow richer at a faster pace while the impoverished struggle more than ever before to earn a minimum wage. The widening gaps in the economic structure affect women and children the most. This is a call for reinforcement in in the country’s social structure that emphasizes access to quality education and universal healthcare services.

Population density per pixel at 100 metre resolution. WorldPop provides estimates of numbers of people residing in each 100x100m grid cell for every low and middle income country. Through ingegrating cencus, survey, satellite and GIS datasets in a flexible machine-learning framework, high resolution maps of population counts and densities for 2000-2020 are produced, along with accompanying metadata. DATASET: Alpha version 2010 and 2015 estimates of numbers of people per grid square, with national totals adjusted to match UN population division estimates (http://esa.un.org/wpp/) and remaining unadjusted. REGION: Africa SPATIAL RESOLUTION: 0.000833333 decimal degrees (approx 100m at the equator) PROJECTION: Geographic, WGS84 UNITS: Estimated persons per grid square MAPPING APPROACH: Land cover based, as described in: Linard, C., Gilbert, M., Snow, R.W., Noor, A.M. and Tatem, A.J., 2012, Population distribution, settlement patterns and accessibility across Africa in 2010, PLoS ONE, 7(2): e31743. FORMAT: Geotiff (zipped using 7-zip (open access tool): www.7-zip.org) FILENAMES: Example - AGO10adjv4.tif = Angola (AGO) population count map for 2010 (10) adjusted to match UN national estimates (adj), version 4 (v4). Population maps are updated to new versions when improved census or other input data become available. India data available from WorldPop here.

India Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 9.800 % in 2021. This records a decrease from the previous number of 10.000 % for 2020. India Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 6.200 % from Dec 1977 (Median) to 2021, with 14 observations. The data reached an all-time high of 10.300 % in 2019 and a record low of 5.100 % in 2004. India Proportion of People Living Below 50 Percent Of Median Income: % data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s India – Table IN.World Bank.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

Over a billion Indians were classified under low income in 2019, from only *** million in 2011. The change meant that between 2011 and 2019, about *** million Indians saw an increase in their standard of living, from poor to low income.

News Subscription Service Market Outlook

The global news subscription service market size was valued at approximately USD 12.5 billion in 2023 and is projected to reach USD 22.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 7.0% during the forecast period. The increasing demand for reliable and unbiased news content, driven by the proliferation of digital devices and rising internet penetration, is a significant factor propelling the growth of this market. With more consumers seeking high-quality news that is free from misinformation, the subscription model is gaining momentum as a preferred mode of accessing news content.

The surge in digital literacy across the globe is one of the key growth factors influencing the news subscription service market. As more individuals become adept at using digital platforms, there is an increasing inclination towards digital news consumption. The convenience of accessing news on-the-go through smartphones and tablets has tremendously boosted digital subscriptions. Moreover, the shift in consumer behavior towards personalized and ad-free content has further fueled the demand for subscription-based news services, as consumers are willing to pay for tailored content that meets their specific interests and preferences.

Another critical driver of the market is the ongoing digitization and technological advancements in the media industry. With the advent of artificial intelligence and machine learning technologies, news providers are increasingly able to offer personalized content recommendations, enhancing user engagement and satisfaction. This technological integration allows for a more interactive user experience, which is crucial for increasing subscription numbers. Additionally, the ability to access historical archives, exclusive articles, and multimedia content has made subscription services more attractive to consumers, thereby driving market growth.

Furthermore, the global awareness of the importance of supporting quality journalism is playing a crucial role in the expansion of the news subscription service market. In an era where fake news can distort public perception, consumers are emphasizing the need for credible news sources, often opting for paid subscriptions to support journalistic integrity. The increasing collaboration between news agencies and tech platforms to combat misinformation also underscores the importance of reliable news sources, thereby enhancing the market's growth prospects.

Regionally, North America currently stands as the largest market for news subscription services, driven by the presence of major media organizations and a tech-savvy population willing to invest in quality content. Europe follows closely, where an increasing number of individuals are subscribing to digital news platforms for timely updates and analysis. The Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, attributable to its vast population and rapid digitalization. Countries like India and China, with their expanding middle-class populations and increasing internet penetration, are significant contributors to this growth trajectory. Meanwhile, Latin America and the Middle East & Africa are also expected to experience steady growth, although at a comparatively slower pace.

Subscription Type Analysis

The news subscription service market is segmented into digital, print, and hybrid subscription types. The digital subscription segment dominates the market, as consumers increasingly favor digital platforms for their news consumption. The convenience of accessing news digitally via mobiles, tablets, and desktops is a primary factor driving this trend. Digital subscriptions often come with the added benefit of multimedia content, such as videos and podcasts, which enhance the news consumption experience. Moreover, digital subscriptions tend to offer more timely updates and breaking news alerts, which are increasingly important for today's fast-paced lifestyles.

While print subscriptions have seen a decline, they remain relevant, particularly among older demographics who prefer the tactile experience of reading a physical newspaper. Print subscriptions still hold a significant share in regions where digital literacy is comparatively low, or where there is limited internet access. These subscriptions often appeal to a niche market that values the aesthetic and traditional aspects of print media. Some consumers also appreciate the curated and in-depth analysis often found in print editions, which may not always be available in digital formats.

In the financial year 2021, the number of super-rich households earning more than ** million Indian rupees went up to **** million from **** million in the financial year 2016. This was an annual growth of **** percent. The number is expected to grow to over **** million in the financial year 2031 and ** million households in the financial year 2047. This will be the fastest growth across all income categories. On the other hand, destitute classified Indian households with earnings of less than *** thousand annually decreased only marginally to ***** million in financial year 2021 from **** million in 2016. However, it is estimated that the number of destitute households will fall to just *** million by the financial year 2047.

In 2022, the majority of Indian adults had a wealth of 10,000 U.S. dollars or less. On the other hand, about *** percent were worth more than *********** dollars that year. India The Republic of India is one of the world’s largest and most economically powerful states. India gained independence from Great Britain on August 15, 1947, after having been under their power for 200 years. With a population of about *** billion people, it was the second most populous country in the world. Of that *** billion, about **** million lived in New Delhi, the capital. Wealth inequality India suffers from extreme income inequality. It is estimated that the top 10 percent of the population holds ** percent of the national wealth. Billionaire fortune has increase sporadically in the last years whereas minimum wages have remain stunted.

Residential Real Estate In India Market size was valued at USD 273.42 Billion in 2024 and is projected to reach USD 1556.09 Billion by 2032, growing at a CAGR of 24.28% from 2026 to 2032.

Key Market Drivers

Growing Middle-Class Population: Rapid urbanization and a growing middle-class population in India are fueling strong demand for residential properties in major cities. According to the Ministry of Housing and Urban Affairs, India’s urban population is projected to exceed 600 million by 2030, accounting for 40% of the overall population. According to the National Statistical Office (NSO), the middle-class population has increased by 35% over the last five years, with over 350 million Indians now falling into this demographic segment.

As of 2019, about ** percent of households across India were segmented as belonging to the NCCS C category of consumers. Contrariwise only **** percent of the country's population fell under the NCCS E category that year. Between 2014 and 2019, the share of population classified as category A, B, and C consumers has grown tremendously, reflecting the trajectory of the booming middle class within the Indian economy.

India Debit Card Market growth is driven by the increasing middle-class population and growing digital payment adoption in countries like China, India, and Southeast Asia.

India Full Service Restaurants Market size was valued at USD 11.12 Billion in 2024 and is expected to reach USD 26 Billion by 2032, growing at a CAGR of 11.2% from 2026 to 2032.Key Market Drivers:Increasing Middle-Class Population: India's middle class is one of the world's fastest expanding groups and its expansion is important to the growth of the FSR market. By 2030, India's middle class is estimated to number more than 600 Million. As the middle class grows, so does the need for higher-quality, variety eating options, as people with larger discretionary incomes go out more frequently.Increasing disposable income: As India's economy grows, disposable incomes rise rapidly. By 2025, it is expected that the average disposable income of Indian households will increase by more than 10%. This increase in disposable income is driving up spending on discretionary items like dining out.

K-12 International Schools Market Outlook

The global K-12 international schools market size was estimated at USD 60 billion in 2023, and it is projected to reach approximately USD 120 billion by 2032, growing at a CAGR of 7.5% during the forecast period. This remarkable growth is primarily fueled by a burgeoning demand for quality education and a growing expatriate population that values an international curriculum for their children. Additionally, increasing awareness about the benefits of global education and the rising disposable income of families in emerging economies are significant contributors to the market's expansion.

One of the major growth factors driving the K-12 international schools market is the rising demand for high-quality education that adheres to international standards. As globalization continues to shape the world, more parents are recognizing the advantages of enrolling their children in international schools that offer globally recognized curricula such as the International Baccalaureate (IB) and Cambridge International Examinations. These programs not only enhance students' academic prospects but also prepare them for higher education opportunities worldwide.

Moreover, the increase in expatriate communities across various regions is another vital driver of market growth. Many multinational corporations are expanding their operations globally, leading to a rise in the number of expatriates who seek international schooling options for their children. These schools cater to the diverse needs of expatriate families by offering a curriculum that is compatible with various educational systems worldwide, thereby ensuring a seamless transition for students moving between countries.

The growing emphasis on bilingual and multilingual education is also playing a significant role in the market's growth. Parents are increasingly valuing the importance of language acquisition from an early age, which is a common feature of many international schools. By offering bilingual programs and foreign language immersion, these schools equip students with the linguistic skills needed to thrive in a globalized world. This emphasis on language learning not only enhances cognitive abilities but also provides a competitive edge in future career prospects.

Regionally, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period. This can be attributed to the rapid economic development in countries like China and India, coupled with a growing middle-class population that is willing to invest in premium education for their children. Additionally, the presence of a large expatriate community in cities such as Hong Kong, Singapore, and Tokyo further boosts the demand for international schools. The strategic initiatives taken by governments in these countries to attract foreign investments also play a pivotal role in fostering the growth of the international school market in the region.

School Type Analysis

When analyzing the K-12 international schools market by school type, it is essential to consider the primary, middle, and high school segments. Each of these segments caters to different age groups and educational needs, thereby shaping the overall dynamics of the market. Primary schools typically cater to younger students, emphasizing foundational skills in literacy, numeracy, and social development. The demand for primary international schools has seen a substantial increase, driven by parents' desire to provide their children with a strong educational foundation from an early age.

Middle schools, which serve students in the transitional phase between primary and high school, focus on a more comprehensive curriculum that includes a broader range of subjects and extracurricular activities. The middle school segment is witnessing significant growth as parents recognize the importance of this transitional period in shaping their children's future academic and personal development. International middle schools are particularly valued for their holistic approach to education, which includes a strong emphasis on critical thinking, problem-solving, and emotional intelligence.

High schools, catering to older students preparing for higher education, are another crucial segment within the K-12 international schools market. The high school segment is experiencing robust growth due to the increasing number of students seeking globally recognized qualifications such as the International Baccalaureate (IB) Diploma or A-levels. These qualifications are highly regarded by unive

The size of the India E-commerce Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of XXX % during the forecast period. India has recently experienced very fast growth in the e-commerce market, which can be contributed to by rising internet penetration, increasing use of smartphones, and a middle-class population with higher disposable incomes. Consumers are shifting toward online channels for purchasing everything, including electronics, clothing, groceries, and household products. Major e-commerce players that dominate the market include those such as Amazon, Flipkart, and Reliance's JioMart, using competitive pricing, vast inventories, and convenient options for delivery. The growth of online payments, promoted by policies like the Digital India program, has further added value to this trend, making a transaction more secure and thus accessible. In addition, the COVID-19 pandemic accelerated the shift to online shopping as consumers felt safer and more convenient about home delivery. With government promotion of a cashless economy and a young and highly tech-savvy population, the e-commerce market of India is expected to be robust in the future as well.

Key Chain Pendant Market Outlook

The global key chain pendant market size was valued at approximately USD 4.5 billion in 2023, and it is projected to reach around USD 7.2 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.4% over the forecast period. One of the primary drivers for this growth is the increasing demand for personalized and customized key chain pendants, which are gaining popularity across various demographics and regions.

The burgeoning trend of personalization is a major growth factor for the key chain pendant market. Consumers are increasingly looking for unique, customized products to express their individuality, leading to a surge in demand for personalized key chain pendants. This trend is particularly strong among millennials and Generation Z, who value customization and see it as a form of self-expression. Additionally, advancements in technology, such as 3D printing and laser engraving, have made it easier and more cost-effective for manufacturers to offer customized options, further fueling market growth.

Another significant growth factor is the rise in disposable income, particularly in emerging economies. As consumers have more disposable income, they are willing to spend on non-essential items, including decorative and personalized key chain pendants. This trend is evident in countries like China and India, where a growing middle-class population is increasingly spending on lifestyle and fashion accessories. Moreover, the increasing number of working women and their rising purchasing power is also contributing to the market's growth, as they have shown a higher propensity to spend on such products.

The expansion of e-commerce platforms has also played a crucial role in the market's growth. Online stores offer a wide variety of key chain pendants, allowing consumers to easily browse, compare, and purchase products from the comfort of their homes. The convenience of online shopping, combined with the availability of numerous design options and customization features, has led to a significant increase in online sales of key chain pendants. Furthermore, the use of social media and influencer marketing has helped manufacturers reach a larger audience, thereby boosting sales and market growth.

The allure of Hetian Jade Pendant is gaining traction in the key chain pendant market, especially among consumers who appreciate cultural heritage and timeless elegance. Hetian jade, renowned for its exquisite quality and historical significance, is often used in crafting pendants that carry both aesthetic and symbolic value. This type of jade is highly prized in regions like China, where it is associated with prosperity and protection. The integration of Hetian jade into key chain pendants not only enhances the product's appeal but also taps into the growing demand for items that offer a connection to cultural roots. As consumers increasingly seek unique and meaningful accessories, the inclusion of Hetian jade in pendant designs presents a promising opportunity for manufacturers to expand their offerings and attract discerning buyers.

Regionally, Asia Pacific is expected to hold a significant share of the global key chain pendant market during the forecast period. The region's growth can be attributed to the increasing disposable income of the middle-class population, particularly in countries like China and India. Moreover, the presence of key market players and the availability of a wide range of products at competitive prices further drive the market in this region. North America and Europe are also expected to witness substantial growth, driven by the high demand for customized products and the presence of established e-commerce platforms.

Material Type Analysis

When analyzing the key chain pendant market by material type, metal key chain pendants emerge as a dominant segment. Metal pendants are popular due to their durability, aesthetic appeal, and the variety of finishes available, such as gold, silver, and bronze. Consumers prefer metal key chain pendants as they are perceived to be long-lasting and often serve as keepsakes or gifts. The customization options available with metal, such as engraving names or messages, further enhance their appeal. Moreover, advancements in metalworking technology have made it possible to produce intricate designs, adding to their popularity.

Plastic key chain pendants also hold a significant share of the market. They

The share of middle class' consumption of gold and jewelry across the country was estimated to be around 17 percent in 2030, up from around nine percent in 2020. As the middle class population increases, the income of the population increases which leads to increase in the consumption of gold, mainly because Indians consider gold as an important investment.

Single-family Detached Home Business Market Outlook

The global single-family detached home business market size is estimated to be valued at approximately USD 4.2 trillion in 2023 and is projected to reach USD 6.3 trillion by 2032, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period. The growth of this market is driven by a combination of factors including urbanization, increasing disposable incomes, and a growing preference for single-family living among the global population.

One of the primary growth factors for the single-family detached home market is urbanization. As cities expand and more people migrate to urban areas in search of better opportunities, the demand for housing, particularly single-family homes, has surged. This trend is particularly noticeable in developing countries where rapid urbanization is accompanied by increased economic activity, leading to a rise in disposable incomes and a higher standard of living. Consequently, individuals and families are aspiring to own single-family detached homes, which offer more space, privacy, and comfort compared to multi-family units.

Another significant driver is the increase in disposable incomes and economic growth across various regions. As economies grow, the purchasing power of individuals increases, allowing more people to invest in single-family homes. This trend is not limited to developed countries; emerging economies are also experiencing a similar pattern. The rise in middle-class populations in countries like China, India, and Brazil has led to increased investments in real estate, fueling the demand for single-family homes.

The growing preference for single-family living is another major factor contributing to the market's growth. In the wake of the COVID-19 pandemic, there has been a noticeable shift in lifestyle preferences, with many individuals prioritizing space and privacy. Single-family detached homes provide an ideal solution as they offer more living space, outdoor areas, and a sense of independence. This shift is expected to have a long-term impact on the real estate market, driving sustained demand for single-family homes.

Regional outlook for the single-family detached home market shows significant variations across different parts of the world. North America remains one of the largest markets due to its established real estate sector and high demand for single-family living. The Asia Pacific region is expected to witness the fastest growth due to rapid urbanization and economic development in countries like China and India. Europe, with its diverse real estate market, also presents substantial opportunities, particularly in countries like Germany and the UK where housing demand remains high. Latin America and the Middle East & Africa are emerging markets where increasing urbanization and economic development are expected to drive future growth.

Type Analysis

When analyzing the market by type, the single-family detached home business can be segmented into luxury homes, mid-range homes, and affordable homes. Each of these segments caters to different consumer demographics and has unique growth drivers. Luxury homes, for instance, are characterized by high-end features, premium materials, and exclusive locations. These homes are targeted towards high-net-worth individuals and are often seen as a status symbol. The demand for luxury homes is driven by factors such as rising wealth among individuals, a desire for exclusivity, and investment potential.

Mid-range homes, on the other hand, cater to the middle-income demographic and are characterized by a balance of affordability and quality. These homes are often located in suburban areas and offer essential amenities that cater to the needs of families. The demand for mid-range homes is driven by factors such as rising disposable incomes, growing middle-class populations, and the preference for family-oriented living spaces. This segment is particularly strong in developing countries where the middle class is expanding rapidly.

Affordable homes are designed to cater to low-income families and individuals. These homes are usually smaller in size and located in less expensive areas. The demand for affordable homes is driven by factors such as government housing schemes, subsidies, and the need to provide housing solutions for low-income groups. Many governments across the world are focusing on affordable housing initiatives to address the housing shortage and improve living conditions for their citizens. This segment is crucial for social stability and econ

India IN: Prevalence of Overweight: Weight for Height: % of Children Under 5, Modeled Estimate data was reported at 3.700 % in 2024. This records an increase from the previous number of 3.400 % for 2023. India IN: Prevalence of Overweight: Weight for Height: % of Children Under 5, Modeled Estimate data is updated yearly, averaging 2.300 % from Dec 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 3.700 % in 2024 and a record low of 2.100 % in 2013. India IN: Prevalence of Overweight: Weight for Height: % of Children Under 5, Modeled Estimate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s India – Table IN.World Bank.WDI: Social: Health Statistics. Prevalence of overweight children is the percentage of children under age 5 whose weight for height is more than two standard deviations above the median for the international reference population of the corresponding age as established by the WHO's 2006 Child Growth Standards.;UNICEF, WHO, World Bank: Joint child Malnutrition Estimates (JME).;Weighted average;Once considered only a high-income economy problem, overweight children have become a growing concern in developing countries. Research shows an association between childhood obesity and a high prevalence of diabetes, respiratory disease, high blood pressure, and psychosocial and orthopedic disorders (de Onis and Blössner 2003). Childhood obesity is associated with a higher chance of obesity, premature death, and disability in adulthood. In addition to increased future risks, obese children experience breathing difficulties and increased risk of fractures, hypertension, early markers of cardiovascular disease, insulin resistance, and psychological effects. Children in low- and middle-income countries are more vulnerable to inadequate nutrition before birth and in infancy and early childhood. Many of these children are exposed to high-fat, high-sugar, high-salt, calorie-dense, micronutrient-poor foods, which tend be lower in cost than more nutritious foods. These dietary patterns, in conjunction with low levels of physical activity, result in sharp increases in childhood obesity, while under-nutrition continues. Estimates are modeled estimates produced by the JME. Primary data sources of the anthropometric measurements are national surveys. These surveys are administered sporadically, resulting in sparse data for many countries. Furthermore, the trend of the indicators over time is usually not a straight line and varies by country. Tracking the current level and progress of indicators helps determine if countries are on track to meet certain thresholds, such as those indicated in the SDGs. Thus the JME developed statistical models and produced the modeled estimates.