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K12 Education Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence

02-19-2024 06:37 PM CET | Health & Medicine

Press release from: Evolve Business Intelligence

K12 Education Market Growth Factors, Segmentation, Trends,

As per the study initiated by Evolve Business Intelligence, the global K12 Education Market size accounted for USD 110.24 Billion in 2023, growing at a CAGR of 17.7% from 2023 to 2033. K12 education refers to the educational process that encompasses kindergarten through 12th grade, typically covering students aged approximately 5 to 18 years old. It represents the foundational and compulsory years of formal education in many countries, focusing on fundamental academic subjects such as language arts, mathematics, science, and social studies, and often including arts, physical education, and other electives. The K12 education system aims to provide students with a well-rounded education, essential knowledge, and skills to prepare them for higher education or entry into the workforce.

The K12 Education market is primarily driven by government policies and funding allocations, which influence the adoption of educational technologies and curriculum reforms to enhance learning outcomes. Additionally, demographic trends, such as population growth and urbanization, contribute to the demand for K12 educational services and infrastructure development.

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Key Highlights:
• The global K12 Education Market size was valued at USD 110.24 billion in 2023 growing at a CAGR of 17.7% from 2023 to 2033.
• North America dominated the market in 2023
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global K12 Education Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges.

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Key Players
Some of the major K12 Education Market players holding high market shares include Cengage Group, Adobe Systems Inc., Samsung Electronics Co Ltd, Microsoft Corporation, and Smart Technologies. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Cengage Group
• Adobe Systems Inc
• Samsung Electronics Co Ltd
• Microsoft Corporation
• smart technologies
• BLACKBOARD MEDIA PRIVATE LIMITED
• D2L corporation
• Oracle Corporation
• International Business Machines Corporation
• pearson media company

Segmental Analysis
Market Segment By Type
• Public
• Private
Market Segment By Deployment Mode
• Cloud
• On-Premise
Market Segment By Spend Analysis
• Hardware
• Software
• Others
Market Segment By Application
• High School
• Middle School
• Pre-Primary School and Primary School

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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and data forecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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