Market Overview:
The global K-12 education training market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for skilled workforce in the corporate sector and rising number of online learning platforms. In terms of type, the offline-based segment is expected to dominate the market during the forecast period owing to its advantages such as personal interaction and hands-on experience. However, with an increase in technological advancements, online-based learning is gaining popularity among students and parents due to its convenience and affordability. In terms of application, primary level education is projected to hold a major share during the forecast period as it lays down foundation for future academic pursuits.
Product Definition:
K-12 education training is a term used to describe the process of educating children from pre-school through high school. It is important because it provides the foundation for future academic success.
Offline-based:
Offline-based learning is a method of imparting knowledge and teaching skills to students that involves using materials such as videos, audio CDs, text books, workbooks and other printed material. The advantage of this system is that the student does not need an internet connection or any other device to access the content. Offline-based education provides a flexible learning environment where one can learn anytime and anywhere irrespective of whether one is in classroom or library or at home.
Online-based:
Online-based or virtual education is a model of delivering educational material that takes place entirely online. Online-based courses are delivered through the Internet and are accessible from any location. The main target demographic for online based services is people who do not prefer to attend traditional brick and mortar schools but still want to achieve academic success.
The global online-based K-12 education training market size was valued at USD 2,500 million in 2016.
Application Insights:
The senior level application segment held the largest share of over 60.0% in 2017. The growth can be attributed to the increasing need for skilled manpower at all levels in various industries across the world. For instance, according to a study published by LinkedIn Corporation, nearly USD 250 billion is spent by companies annually on training their workforce globally which represents nearly 20% of overall payroll costs in U.S.
Regional Analysis:
Asia Pacific dominated the global K-12 education training market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing government spending on education and growing awareness regarding online learning among students and parents. Moreover, rising expenditure by companies on employee development programs will also have a positive impact on regional growth over the next few years.
The Asia Pacific was followed by North America in terms of revenue share in 2017 owing to increased focus of governments towards quality education coupled with availability of high-quality educational institutes offering world-class teaching methods at an affordable cost within U.S., Canada, and Mexico countries for both offline and online modes of learning is anticipated to drive demand for elearning solutions across this region during the forecast period from 2018 to 2030 (U.S.). Furthermore, presence of major players such as Pearson; Cengage Learning; Houghton Mifflin Harcourt; Wiley Publishing Inc.
Growth Factors:
- Increasing demand for skilled workforce: The K-12 education training market is expected to grow as the demand for skilled workforce increases. This is due to the increasing technological advancements and globalization of businesses.
- Rising number of private schools: There has been a rise in the number of private schools in recent years, which is expected to drive the growth of the K-12 education training market. Private schools are known to provide better educational facilities and opportunities than government schools, which drives parents towards enrolling their children in these institutions.
- Growing focus on STEM education: The focus on STEM (Science, Technology, Engineering, and Mathematics) education is growing among educators around the world as it helps students develop problem-solving skills that are essential for future careers. This is likely to drive demand for K-12 education training products and services in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
K-12 Education Training Market Research Report
By Type
Offline-based, Online-based
By Application
Primary Level, Senior Level
By Companies
K12 Inc, Pearson, TAL Education Group, New Oriental, XUEDA, Languagenut
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global K-12 Education Training Market Report Segments:
The global K-12 Education Training market is segmented on the basis of:
Types
Offline-based, Online-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Primary Level, Senior Level
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- K12 Inc
- Pearson
- TAL Education Group
- New Oriental
- XUEDA
- Languagenut
Highlights of The K-12 Education Training Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Offline-based
- Online-based
- By Application:
- Primary Level
- Senior Level
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the K-12 Education Training Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
K-12 education training is a type of continuing education that helps educators learn new techniques and strategies to improve student learning. It can include courses on teaching methods, curriculum development, assessment tools, and more.
Some of the major companies in the k-12 education training market are K12 Inc, Pearson, TAL Education Group, New Oriental, XUEDA, Languagenut.
The k-12 education training market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 K-12 Education Training Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 K-12 Education Training Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 K-12 Education Training Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the K-12 Education Training Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global K-12 Education Training Market Size & Forecast, 2018-2028
4.5.1 K-12 Education Training Market Size and Y-o-Y Growth
4.5.2 K-12 Education Training Market Absolute $ Opportunity
Chapter 5 Global K-12 Education Training Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 K-12 Education Training Market Size Forecast by Type
5.2.1 Offline-based
5.2.2 Online-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global K-12 Education Training Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 K-12 Education Training Market Size Forecast by Applications
6.2.1 Primary Level
6.2.2 Senior Level
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global K-12 Education Training Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 K-12 Education Training Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America K-12 Education Training Analysis and Forecast
9.1 Introduction
9.2 North America K-12 Education Training Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America K-12 Education Training Market Size Forecast by Type
9.6.1 Offline-based
9.6.2 Online-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America K-12 Education Training Market Size Forecast by Applications
9.10.1 Primary Level
9.10.2 Senior Level
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe K-12 Education Training Analysis and Forecast
10.1 Introduction
10.2 Europe K-12 Education Training Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe K-12 Education Training Market Size Forecast by Type
10.6.1 Offline-based
10.6.2 Online-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe K-12 Education Training Market Size Forecast by Applications
10.10.1 Primary Level
10.10.2 Senior Level
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific K-12 Education Training Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific K-12 Education Training Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific K-12 Education Training Market Size Forecast by Type
11.6.1 Offline-based
11.6.2 Online-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific K-12 Education Training Market Size Forecast by Applications
11.10.1 Primary Level
11.10.2 Senior Level
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America K-12 Education Training Analysis and Forecast
12.1 Introduction
12.2 Latin America K-12 Education Training Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America K-12 Education Training Market Size Forecast by Type
12.6.1 Offline-based
12.6.2 Online-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America K-12 Education Training Market Size Forecast by Applications
12.10.1 Primary Level
12.10.2 Senior Level
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) K-12 Education Training Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) K-12 Education Training Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) K-12 Education Training Market Size Forecast by Type
13.6.1 Offline-based
13.6.2 Online-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) K-12 Education Training Market Size Forecast by Applications
13.10.1 Primary Level
13.10.2 Senior Level
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 K-12 Education Training Market: Competitive Dashboard
14.2 Global K-12 Education Training Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 K12 Inc
14.3.2 Pearson
14.3.3 TAL Education Group
14.3.4 New Oriental
14.3.5 XUEDA
14.3.6 Languagenut
