Press release
Global Primary School Market: Robust Growth Forecasted at 10.1% CAGR, Government Initiatives and Key Trends Driving Market Expansion
Boosted by population growth, urbanization trends, government education policies and societal awareness to the importance of education, the Primary School Market is projected to grow at a compound annual growth rate of 10.1% in the upcoming years.What Is The Projected Market Size Of The Global Primary School Market And Its Growth Rate?
• Market size of $752.17 billion in 2024 to $828.25 billion in 2025, growing at a CAGR of 10.1%.
• Strong growth expected, reaching to $1160.61 billion in 2029 at a CAGR of 8.8%.
• Key growth factors include global education goals, government investments in education, societal awareness, technological integration in education, and demographic changes.
What Is Driving The Growth In The Primary School Market?
Government initiatives to support education reinforce the growth of the primary school market. Such initiatives increase school accessibility, offer free education programs, invest in infrastructure development, promote inclusive education, and enforce quality standards. For instance, in 2022 China's education spending totaled $868.31 billion, marking an increase of 5.97% from the previous year. These initiatives are driving the expansion and improvement in the primary education sector.
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Who Are the Key Players Driving Primary School Market Growth?
• 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
• 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.
• Ambow Education Holding Ltd.
• Primrose Schools
What Are The Key Trends In The Primary School Market?
• Social and emotional learning (SEL)
• Global citizenship education
• Hybrid learning models
• Assessment innovation
• Parental involvement and communication
• Focus on well-being and mental health.
What Are The Segments Of The Global Primary School Market?
1) By Type: Public, Private, Online
2) By Deployment Mode: Cloud, On-Premise
3) By Fee Structure: Low-Income, Medium-Income, High-Income
Which Region Leads The Primary School Market?
Asia-Pacific was the largest region in the primary school market in 2024 and is expected to be the fastest-growing region in the forecast period. Regions covered include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Primary School Market Global Market Report?
- Market Size Analysis
- Market Segmentation Analysis
- Key Player Focus
- Growth Trends Analysis
- Market Contribution
- Growth Drivers
- Industry Challenges
- Competitive Developments
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