K-12 Private Education Market Size, Outlook, Size, Share, Demand 2024-2033 |

"The Business Research Company recently released a comprehensive report on the Global K-12 Private Education Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The K-12 private education market size has grown strongly in recent years. It will grow from $7.14 billion in 2023 to $7.75 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to large student population, increased number of expatriates, increased demand for English-language education, increased disposable income among customers, surge in government initiatives for promoting education.

The K-12 private education market size is expected to see strong growth in the next few years. It will grow to $10.82 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to rising need for quality education, increasing awareness about the advantages of private education, growing income levels of families that can afford private education, high level of parental involvement in private schools, growing demand for international education. Major trends in the forecast period include access to advanced technology and resources in private schools, demand for personalized and technology-based education, innovative classroom and learning enrichment, brand development and partnerships, innovative platforms.

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Market Drivers and Trends:

The rising demand for online education is expected to propel the growth of the K-12 testing and assessment market going forward. Online education refers to delivering educational content and instruction via the Internet. The demand for online education is rising because of its flexibility, accessibility, and quality of remote learning options, driven by technological advancements and evolving learning needs. K-12 testing and assessment in online education offer numerous advantages by providing personalized, data-driven, and engaging ways to measure and support student learning, ensuring that students receive a high-quality education regardless of the learning environment. For instance, in January 2022, according to the World Economic Forum, a Switzerland-based non-governmental organization, online education enrollment figures surged in 2020, more than doubling, and then experienced another substantial increase of 32% the subsequent year, reaching a peak of 189 million in 2021. Therefore, the rising demand for online education is driving the growth of the K-12 testing and assessment market.

Major companies operating in the K-12 private education market are focused on developing innovative solutions, such as K-12 student success platforms to enhance personalized learning, track student progress, and provide data-driven insights for continuous improvement in academic outcomes. K-12 student success platforms are comprehensive digital tools designed to support student learning, engagement, and achievement from kindergarten through 12th grade. For instance, in February 2024, SchoolStatus, a US-based company offering K-12 education, introduced SchoolStatus, a fully integrated platform designed to enhance collaboration and family engagement for improved student success. This innovative K-12 platform enhances collaboration and family engagement, ultimately driving positive student outcomes. This also provides data-driven insights, streamlined attendance management, and personalized communications, and the platform empowers educators, schools, and districts to work together more effectively and support student success.

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Major Key Players of the Market:

EF Education First, Pearson Plc, Stride Inc., Scholastic Inc., GEMS Education, Nord Anglia Education Ltd., TAL Education Group, McGraw-Hill Education, Cognita, Educomp Solutions Ltd., Hurix Systems Pvt. Ltd., Taaleem, Next Education India Pvt. Ltd., Mosaica Education Inc., Dubai International Academy - Al Barsha, Al- Jazeera Academy, British International School of Jeddah, International School of London, GEO Foundation, The George Washington University Online High School, Keystone School, Nadeen School, Grand Canyon Education Academy, Mooka Media Ltd., The Village School

K-12 Private Education Market 2024 Key Insights:

• The K-12 private education market size is expected to see strong growth in the next few years. It will grow to $10.82 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%.
• Fueling Growth The Intersecting Forces Of Online Education And Digital Language Learning
• Innovative Platforms To Enhance Academic Outcomes And Collaboration
• North America was the largest region in the K-12 private education market in 2023

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Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company

The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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