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A Deep Dive into Educational Services Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Which drivers are expected to have the greatest impact on the over the educational services market's growth?The upward trajectory of the educational services market is anticipated to be fueled by the increasing levels of enrollment in higher education. Enrollment in higher education involves subscribing to and participating in a college or university program, which includes registering for specific courses or co-curricular activities at a particular institution. For instance, in January 2023, the Higher Education Statistics Agency (HESA), a UK-based official entity, reported a 9% rise in new postgraduate course enrollments in the academic year 2021/22 compared to the preceding year, reaching a total of 526,645. Consequently, this surge in higher education enrollments is propelling the expansion of the educational services market.
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What is the future CAGR of the educational services market, and how will it impact industry expansion?
The market size for educational services has experienced vigorous growth in the recent past. The projections indicate an increase from $3565.29 billion in 2024 to $3863.78 billion in 2025, representing a compound annual growth rate (CAGR) of 8.4%. The historic growth rate is attributed to factors such as population surge, governmental financial support, globalization, demographic shifts, economic scenarios, and educational policies.
Expectations are high for a robust expansion of the educational services market in the coming years. The market is predicted to reach a size of $5126.09 billion by 2029, advancing at a compound annual growth rate (CAGR) of 7.3%. This projected expansion during the forecast period is linked to factors such as online and distant learning, tailored learning approaches, skills gap in the workforce, the emphasis on lifelong learning, and collaborations on an international scale. The upcoming period is also anticipated to witness trending phenomena like microlearning and bite-sized content, organizational training and skill enhancement, the application of AI in shaping personalized learning routes, partnerships with industries and employers, and the adoption of alternative qualifications and digital badges.
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What are the most significant trends transforming the educational services market today?
Education services are leveraging gamification strategies to amplify the learning experiences of students. The approach of gamification involves incorporating game-design elements into various academic tasks to make them more appealing and interesting. Educational services are thus cultivating a comprehensive learning environment through gamification, which enhances students' involvement, motivation, and key skills. As an example, a study by WeAreTeachers showed that 55% of teachers utilize digital online games as a component of their instruction, and 63% concur that students show more interest in practicing challenging skills when presented in a game-like setting. Moreover, Hornsby Middle School has initiated the use of gamification methods to stimulate comprehensive learning amongst students.
Which key market segments comprise the educational services market and drive its revenue growth?
The educational services market covered in this report is segmented -
1) By Type: Other Educational Services, Colleges, Universities, And Professional Schools, Elementary And Secondary Schools
2) By Type Of Expenditure: Public, Private
3) By Mode: Online, Offline
Subsegments:
1) By Other Educational Services: Tutoring Services, Test Preparation Services, Educational Consulting, Online Course Providers, Vocational Training
2) By Colleges, Universities, And Professional Schools: Community Colleges, Four-Year Universities, Graduate Schools, Professional Training Institutes
3) By Elementary And Secondary Schools: Public Elementary And Secondary Schools, Private Elementary And Secondary Schools, Charter Schools, Online K-12 Education Providers
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What regions are at the forefront of educational services market expansion?
Asia-Pacific was the largest region in the educational services market in 2024. Western Europe was the second-largest region in the educational services market. The regions covered in the educational services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the educational services market?
Major companies operating in the educational services market include University of Michigan, Columbia University, Harvard University, Massachusetts Institute of Technology, Yale University, TAL Education Group, New Oriental Education & Technology Group Inc., National American University Holdings Inc., Bright Horizons Family Solutions Inc., K12 Inc., Stride Inc., Laureate Education Inc., 2U Inc., Grand Canyon Education Inc., Chegg Inc., American Public Education Inc., Universal Technical Institute Inc., Universal Technical Institute Inc., Mulpha International Bhd, Adtalem Global Education Inc., The Texas A&M University System, University of California System, University of Pennsylvania, Stanford University, Cornell University, Cambium Learning Group Inc., Career Education Corporation, Capella Education Company, Lincoln Educational Services Corporation, American Education Center Inc., Bridgepoint Education Inc., Education Management Corporation
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What Is Covered In The Educational Services Global Market Report?
•Market Size Forecast: Examine the educational services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the educational services market for a structured understanding.
•Key Players Overview: Analyze major players in the educational services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the educational services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the educational services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the educational services market.
•Industry Challenges: Identify potential risks and obstacles affecting the educational services market.
•Competitive Landscape: Review strategic developments in the educational services market, including expansions, agreements, and new product launches.
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