Online K12 Education Market Size to Grow USD 12930 Million by 2028 at a CAGR of 8.3% | Valuates Reports

Online K-12 Education Market:

Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Online K-12 Education market is projected to reach USD 12930 Million by 2028 from an estimated USD 8011 Million in 2022, at a CAGR of 8.3% during 2023 and 2028.

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Faculty members may speed up learning for all students by utilising digital learning technologies, regardless of whether they are learning in-person, online, or through a hybrid method. The advantages of integrating technology toolkits for K-12 education into their classrooms and curricula are being recognised by educational institutions all around the world. While students credit their better exam scores to taking online courses, instructors and administrators see significant advantages in using technology in the present and future of education.

Recent developments in education indicate that personalized learning is gradually developing into individualized learning and gaining popularity. The main difference between personalized and individualized learning is that the former focuses on increasing student engagement while the latter looks at each student's unique traits and develops knowledge that appeals to their senses. In order to make the transition from personalized to individualized learning, K-12 education stakeholders may also leverage AI and ML (Machine Learning) technologies. Another idea that is quickly gaining popularity is homeschooling. The parents educate their children at home rather than sending them to a formal or informal institution of higher learning.

In 2023, a great deal more research will be done on the benefits of gamified learning. Playing educational games will provide an immersive method of information literacy by involving students in their studies and fostering deeper multimodal engagement. Following technological innovation is now a need rather than a choice for the future of education in order to adapt to the rapidly evolving technology trends. Since learning competency is now more sought-after than ever before, in addition to being rapid and adaptive, these approaches will surely gain popularity in the future year. This element is anticipated to fuel the demand for online K-12 education.

Nano-learning is a novel concept in technology. Although commercial organizations have been utilizing it for some time, the K-12 education sector hasn't yet embraced it. Much to Instagram Reels or YouTube Shorts, teachers use the nano-learning approach to impart knowledge to their pupils. We should expect increased variety in nano-learning by 2023 as educators focus more on developing high-quality, portable content that will engage students wherever they are.

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By Type
• Elementary education(Grades 1-5)
• Junior high education(Grades 6-8)
• Senior high education(Grades 9-12)

By Application
• Teacher
• Student
• Parents

By Platform
• Gamification
• Mobile
• Tablet
• Laptops/Chrome Books

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