The k-12 online education global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
K-12 Online Education Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The K-12 online education market size has grown exponentially in recent years. It will grow from $103.42 billion in 2023 to $126.52billion in 2024 at a compound annual growth rate (CAGR) of 22.3%. The growth in the historic period can be attributed to enhanced engagement, increased accessibility, rise of mobile learning, improved teacher training, increased parental involvement.
The K-12 online education market size is expected to see exponential growth in the next few years. It will grow to $285.83 billion in 2028 at a compound annual growth rate (CAGR) of 22.6%. The growth in the forecast period can be attributed to growing demand for personalized learning, cost-effective, flexibility in scheduling, growing demand for stem education, growing demand for online tutoring. Major trends in the forecast period include advancements in learning management systems, improved data analytics, enhanced collaboration tools, use of artificial intelligence (AI), and use of virtual and augmented reality.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/k-12-online-education-global-market-report
Scope Of K-12 Online Education Market
The Business Research Company’s reports encompass a wide range of information, including:
K-12 Online Education Market Overview
Market Drivers –
The growing significance of digitalization is expected to propel the growth of the K-12 online education market going forward. Digitalization is converting information, data, or physical objects into a digital format that computers can quickly process, store, and transmit. The growing significance of digitalization is due to increased brand awareness and visibility, enhanced customer engagement, improved customer support, and cost-effective marketing. K-12 online education catalyzes the digitalization of education by harnessing technology to enhance teaching and learning processes, promote accessibility and inclusivity, and prepare students for success in the digital age. For instance, in February 2024, according to a report published by the UK government, in 2022, provisional estimates indicate that the digital sector contributed $171.25 million to the UK economy, accounting for 7.2% of the total UK gross value added (GVA), represents an increase of 7.1% in 2021. Therefore, the growing significance of digitalization is driving the growth of the K-12 online education market.
Market Trends –
Major companies operating in the K-12 online education market are focusing on developing advanced solutions, such as K-12 Artificial Intelligence (AI) based courses, to stay ahead of the curve and equip students and educators with the skills necessary for the future. K-12 Artificial Intelligence (AI) based courses are educational programs designed to introduce students from kindergarten through 12th grade to artificial intelligence’s concepts, applications, and implications. For instance, in May 2024, CodeHS, a US-based online education platform, launched the CodeHS AI curriculum, a new K-12 Artificial Intelligence (AI) curriculum, and professional development courses. The new AI curriculum includes several introductory courses for middle and high schools and dozens of projects for grades K-12 that can be incorporated as a standalone course or integrated into existing courses. This course imparts crucial programming concepts to students, empowering them to utilize AI effectively in both computer science and broader societal contexts. It is structured to establish a solid understanding of AI and its practical applications, laying the groundwork for students to pursue more advanced AI courses later.
The k-12 online education market covered in this report is segmented –
1) By Components: Solutions, Services
2) By Grade: Kindergarten, Elementary, Middle School, High School
3) By Deployment: Cloud, On-Premises
4) By Platform: Gamification, Mobile, Tablet, Laptops Or Chrome Books, Big Data And Analytics, LMS Or Virtual Learning Environments, Other Platforms
5) By End User: Schools, Individuals, Private Tutors
Get an inside scoop of the k-12 online education market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=16101&type=smp
Regional Insights –
North America was the largest region in the K-12 online education market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the K-12 online education market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the K-12 online education market are Pearson Plc, Bright Horizons, Stride Inc., Scholastic Inc., Cengage Inc., GEMS Education, TAL Education Group, Houghton Mifflin Harcourt, McGraw-Hill Education, GoStudent, Chegg, Blackboard , Cognita, BYJU’s, Instructure Inc., Amplify, Great Minds, Duolingo, Lightspeed Systems Inc., Hurix Systems Pvt. Ltd., EverFi, Newsela, Dreambox Learning, NoRedInk.com
Table of Contents
……………
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global K-12 Online Education Market, Segmentation By Components, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global K-12 Online Education Market, Segmentation By Grade, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global K-12 Online Education Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
………….
Table 76: Pearson Plc Financial Performance
Table 77: Bright Horizons Financial Performance
Table 78: Stride Inc. Financial Performance
Table 79: Scholastic Inc. Financial Performance
Table 80: Cengage Inc. Financial Performance
Read Related Reports:
https://goodprnews.com/offshore-drilling-market-size/
https://topprnews.com/laser-eye-shield-market-growth/
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model”””
The electric blankets global market report 2024 from The Business Research Company provides comprehensive market…
The core hr software global market report 2024 from The Business Research Company provides comprehensive…
The border security global market report 2024 from The Business Research Company provides comprehensive market…
The cognitive assessment and training in healthcare market size is expected to see exponential growth…
The automated feeding systems global market report 2024 from The Business Research Company provides comprehensive…
The dna/rna sample extraction and isolation global market report 2024 from The Business Research Company…