At what pace is the elementary and secondary schools market growing, and what is its estimated value?
The elementary and secondary schools market size has grown strongly in recent years. It will grow from $1674.95 billion in 2024 to $1832.02 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to population growth, government funding, education policies, parental involvement, community development.
The elementary and secondary schools market size is expected to see strong growth in the next few years. It will grow to $2499.7 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to inclusive education practices, infrastructure upgrades, global competency emphasis, public-private partnerships, teacher professional development. Major trends in the forecast period include education technology innovation, digital learning platforms, technological integration, personalized learning approaches, focus on steam education.
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What are the key drivers behind the rapid expansion of the elementary and secondary schools market?
An increase in spending on education is expected to propel the growth of the elementary and secondary schools market. Spending on education refers to the expenses of the various activities of schools. The higher spending also leads to higher revenues for the schools. For instance, according to the annual report on education spending in England published by IFS, a UK-based independent economics research institute, in the 2022–23 fiscal year, total public expenditure on education in the UK reached £116 billion, which includes the costs associated with issuing student loans, adjusted to 2023–24 prices. Therefore, the increase in spending on education is driving the growth of the elementary and secondary schools market going forward.
What is the segmentation for the elementary and secondary schools market?
The elementary and secondary schools market covered in this report is segmented –
1) By Type: Primary School, Middle School, Secondary School
2) By Type Of Expenditure: Public, Private
3) By Ownership: Government, Local Body, Other Ownerships
4) By Fee Structure: Low-Income, Medium-Income, High-Income
Subsegments:
1) By Primary School: Public Primary Schools, Private Primary Schools, Charter Primary Schools
2) By Middle School: Public Middle Schools, Private Middle Schools, Charter Middle Schools
3) By Secondary School: Public Secondary Schools, Private Secondary Schools, Charter Secondary Schools, Vocational Secondary Schools
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Who are the most influential companies in the elementary and secondary schools market?
Major companies operating in the elementary and secondary schools market include K12 Inc., Connections Academy, Stride Inc., BASIS Charter Schools, GEMS Education, Maple Leaf Educational Systems, Nord Anglia Education, Cognita Schools, The Leona Group LLC, Concept Schools, Accelerated Learning Solutions, Beacon Education Network, Success Academy Charter Schools, International School of Beijing, Fairmont Private Schools, Cengage Learning, Charter Schools USA, Edmentum Inc., Pansophic Learning, EtonHouse International Education Group, International Schools Services (ISS), Taaleem Group, Lincoln Learning Solutions, Ascend Learning LLC, Horizon Education Centers, Think Together, Catapult Learning
What are the most influential trends expected to drive the elementary and secondary schools market forward?
Flipped classroom model of teaching is enhancing the students learning experience by creating an interactive atmosphere in classrooms. In a flipped classroom, students view lecture materials or video lectures as homework before coming to class. In-class time, interactive discussions, and collaborative works are performed under the guidance of the teacher. Flipped classroom gives students the flexibility to consume the lecture material at their own pace and come prepared to ask specific questions in class. According to the Flipped Learning Network, 71% of teachers who flipped their classes noticed improved grades, and 80% reported improved student behavior as a result., thus indicating the effectiveness of flipped classroom teaching model.
What are the major regional insights for the elementary and secondary schools market, and which region holds the top position?
The countries covered in the elementary and secondary schools market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
What Does The Elementary And Secondary Schools Market Report 2025 Offer?
The elementary and secondary schools market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
An elementary school is an educational institution that provides the first eight years of children’s primary preparatory formal education, generally from 1st to 8th grade. Secondary schools refer to educational institutions that provide academic courses after the completion of elementary school, generally from 8th grade to 12th grade.
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