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Global Online K-12 Education Market Size Expected to Reach 449400 Million US$ With a CAGR of 26.8% During 2019-2025 by Valuates Reports
In 2018, the global Online K-12 Education market size was 67300 million US$ and it is expected to reach 449400 million US$ by the end of 2025, with a CAGR of 26.8% during 2019-2025.K–12 (spoken as "k twelve", "k through twelve", or "k to twelve"), for kindergarten to 12th grade, is an American expression that indicates the number of years of primary and secondary education found in the USA, that is similar in several other countries.
K-12 (kindergarten through 12th grade) is the term commonly used for talking about a person’s first 13 years of schooling before entering university. It also refers to the Elementary and Secondary education. Elementary education starts at the age of five or six.
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Following the developments in the United States, the availability and popularity of online education in Europe are on the rise.
In Asia, online learning is already reaching many millions of learners. Several countries are putting their entire K-12 curriculum online. This is the region that has the highest growth rate for online learning in the world. At a country level, India has the highest growth rate followed by China and Malaysia.
Online course education is quite different from the traditional concept of education, which involves a school building, a classroom with rows of desks, and a teacher standing next to a chalkboard. Online education offers students more one-on-one time with their instructors. And, most K-12 online programs are inexpensive or even tuition-free.
The cumulative primary and secondary education process in the United States is known as K-12 education. To improve the educational outcomes, many school districts and states in the US are turning to online learning. With the new millennium, online learning at K-12 level has grown from an experiment to a movement. Different types of online education programs are being implemented in the US, such as state virtual schools, charter schools2, multidistrict programs, single district programs, programs run by universities, blended programs, private schools, and consortium based programs to name some of the most common program types.
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The key players covered in this study
K12 Inc
Pearson
White Hat Management
Georg von Holtzbrinck GmbH & Co.K
Bettermarks
Scoyo
Languagenut
Beness Holding, Inc
New Oriental Education & Technology
XUEDA
XRS
AMBO
CDEL
Ifdoo
YINGDING
YY Inc.
Market analysis by Region
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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