Primary School Market Report 2024 - Market Size, Growth Rate, Major Drivers And Key Trends | Pearson plc, Cengage Learning India Pvt. Ltd., Stride Inc., Blackboard Inc., Tata Class Edge

"The new report published by The Business Research Company, titled ""Primary School Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the primary school market size has grown strongly in recent years. It will grow from $719.96 billion in 2023 to $790.51 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The primary school market size is expected to see strong growth in the next few years. It will grow to $1132.57 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%.

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Government Initiatives And Schemes To Drive Market Growth
The government initiatives and schemes to support education is expected to propel the growth of primary school market going forward. Government initiatives increase school accessibility, provide financial support, focus on teacher training, offer free education programs, invest in infrastructure development, integrate technology, promote inclusive education, implement nutrition programs, enforce quality standards, and engage communities. Together, these efforts create a conducive environment for the expansion and improvement of the primary education sector. For instance, in July 2021, according to Department of School Education and Literacy, an India-based government department, The Right of Children to Free and Compulsory Education (RTE) Act, 2009, implemented in India since April 1, 2010, establishes the fundamental right of children in the age group of six to fourteen years to receive free and compulsory elementary education in a formal school. Therefore, the government initiatives and schemes are driving the growth of primary school market.

Technological Advancements Driving Innovation In Primary School Market
Technological advancement is a key trend gaining popularity in the primary school market. Major companies operating in the primary school market are focused on developing new technological solutions to strengthen their position. For instance, in May 2022, Tata Class Edge, an India-based company and the Furtados School of Music, an India-based music company, partnered to provide the best educational experience to schools via the use of technology and music. By combining it with the expertise and resources of TATA Class Edge in the K-12 educational industry, Furtados School of Music has chosen to increase the accessibility of this music teaching technique.

The primary school market covered in this report is segmented -

1) By Type: Public, Private, Online
2) By Deployment Mode: Cloud, On-Premise
3) By Fee Structure: Low-Income, Medium-Income, High-Income

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Major companies operating in the primary school market report are Pearson plc, Cengage Learning India Pvt. Ltd., Stride Inc., Blackboard Inc., Tata Class Edge, D2L Corporation, NextEducation India Pvt. Ltd., TAL Education Group, Hailiang Education Group, Bright Horizon, Whitehill Primary School, Briar Hill Primary School, Gascoigne Primary School, Deanshanger Primary School, William Davies Primary School, McGraw-Hill Education, Houghton Mifflin Harcourt, Educomp Solutions Ltd., Scholastic Corporation, Benesse Corporation, GEMS Education, Nord Anglia Education, Kumon Institute of Education, The Learning Experience, Zaner-Bloser Inc., Educational Initiatives Pvt. Ltd., K12 Inc., Laureate Education Inc., Ambow Education Holding Ltd., Primrose Schools .

Contents of the report:
1. Executive Summary
2. Primary School Market Report Structure
3. Primary School Market Trends And Strategies
4. Primary School Market - Macro Economic Scenario
5. Primary School Market Size And Growth
…..
27. Primary School Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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