Market Overview:
The global K-12 online education service market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as the increasing demand for personalized learning, rising number of working parents, and growing penetration of internet and smartphones. In terms of type, the comprehensive course segment is expected to witness higher growth than the single course segment during the forecast period. This can be attributed to the increasing demand for complete online courses that cover all subjects as compared with single courses that focus on one specific subject. By application, primary school students are expected to account for a larger share of the global K-12 online education service market in 2018 followed by junior high school students and high school students respectively. Regionally, North America is projected to lead the global K-12 online education service market in terms of revenue contribution during 2018–2030 owing to factors such as early adoption of technology coupled with presence of major players in this region.
Product Definition:
K-12 online education service refers to the provision of educational services, including curriculum materials, assessment tools, teacher training and student services, over the internet. It allows students to access learning materials and complete assignments from anywhere at any time. K-12 online education service is important because it helps students learn in a more flexible and personalized way.
Single Course:
Single course is a term used for online education which provides one-to-one teaching and learning. It's an effective way of delivering personalized training to meet the individual needs of students. Single course offers real-time interaction between instructor and student, it also helps in reducing costs related to space requirement & infrastructure along with providing flexibility which is the key factor driving single course market growth globally.
Comprehensive Course:
Comprehensive course is a series of online educational modules that are designed to meet all the requirements for a particular subject. It includes not only traditional lectures but also extensive exercises, group projects, and real-time interaction through chat rooms and forums. The comprehensive courses have been used in K-12 education as well as higher education levels.
Application Insights:
The primary school student application segment held the largest share of over 60.0% in 2017. The growth can be attributed to the increasing usage of online education services for subjects, such as Mathematics and Science, at a basic level by schools and parents across the world. Moreover, introduction of new products with innovative features is expected to drive demand further. For instance, in January 2018, Canvas Learning Inc., a U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing government initiatives and investments in education sector, especially in developing countries such as India and China. For instance, In 2015-2016 academic year, e-learning platform Coursera collaborated with institutions from across India including University of Hyderabad and IIM Bangalore for offering Massive Open Online Courses (MOOCs).
In addition, Asia Pacific has a large number of private institutes that offer online courses to students around the world. Some prominent players are Institute of Distance Education Technology (IDET) based out of Thailand; cram schools that provide online learning platforms like Kaplan Higher Education Inc.; and edX LLC., which is an initiative by Harvard University along with other top universities from across U.S.
Growth Factors:
- Increasing demand for online education services from students and parents due to the convenience and flexibility it offers.
- Rising number of working professionals who are looking for online education programs that can be completed at their convenience.
- Proliferation of affordable online education options with increasing acceptance of MOOCs (Massive Open Online Courses).
- Growing emphasis on STEM (Science, Technology, Engineering, Mathematics) subjects by schools and governments is likely to fuel the demand for online education services in the coming years.
- Availability of personalized learning opportunities through adaptive learning technology is expected to drive the growth of K-12 Online Education Service market in future
Scope Of The Report
Report Attributes
Report Details
Report Title
K-12 Online Education Service Market Research Report
By Type
Single Course, Comprehensive Course
By Application
Primary School Student, Junior High School Student, High School Student
By Companies
VIP Kid, Yuanfudao, Byju’s, PowerSchool, Sanoma, Pearson, Kroton, BlackBoard, ITutorGroup, D2L, Arco Platform, Learnosity, Illuminate Education, Bettermarks, Noon Academy, Toppr
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global K-12 Online Education Service Market Report Segments:
The global K-12 Online Education Service market is segmented on the basis of:
Types
Single Course, Comprehensive Course
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 School Student, Junior High School Student, High School Student
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:
- VIP Kid
- Yuanfudao
- Byju’s
- PowerSchool
- Sanoma
- Pearson
- Kroton
- BlackBoard
- ITutorGroup
- D2L
- Arco Platform
- Learnosity
- Illuminate Education
- Bettermarks
- Noon Academy
- Toppr
Highlights of The K-12 Online Education Service 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:
- Single Course
- Comprehensive Course
- By Application:
- Primary School Student
- Junior High School Student
- High School Student
- 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 Online Education Service 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 Online Education Service is an online education platform that provides educators with access to a variety of resources and tools to help them teach students. The service offers a variety of courses, including math, science, English language arts, and more.
Some of the major players in the k-12 online education service market are VIP Kid, Yuanfudao, Byju’s, PowerSchool, Sanoma, Pearson, Kroton, BlackBoard, ITutorGroup, D2L, Arco Platform, Learnosity, Illuminate Education, Bettermarks, Noon Academy, Toppr.
The k-12 online education service market is expected to register a CAGR of 16%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 K-12 Online Education Service 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 Online Education Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 K-12 Online Education Service 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 Online Education Service 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 Online Education Service Market Size & Forecast, 2018-2028
4.5.1 K-12 Online Education Service Market Size and Y-o-Y Growth
4.5.2 K-12 Online Education Service Market Absolute $ Opportunity
Chapter 5 Global K-12 Online Education Service 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 Online Education Service Market Size Forecast by Type
5.2.1 Single Course
5.2.2 Comprehensive Course
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global K-12 Online Education Service 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 Online Education Service Market Size Forecast by Applications
6.2.1 Primary School Student
6.2.2 Junior High School Student
6.2.3 High School Student
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global K-12 Online Education Service 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 Online Education Service 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 Online Education Service Analysis and Forecast
9.1 Introduction
9.2 North America K-12 Online Education Service 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 Online Education Service Market Size Forecast by Type
9.6.1 Single Course
9.6.2 Comprehensive Course
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 Online Education Service Market Size Forecast by Applications
9.10.1 Primary School Student
9.10.2 Junior High School Student
9.10.3 High School Student
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 Online Education Service Analysis and Forecast
10.1 Introduction
10.2 Europe K-12 Online Education Service 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 Online Education Service Market Size Forecast by Type
10.6.1 Single Course
10.6.2 Comprehensive Course
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 Online Education Service Market Size Forecast by Applications
10.10.1 Primary School Student
10.10.2 Junior High School Student
10.10.3 High School Student
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 Online Education Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific K-12 Online Education Service 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 Online Education Service Market Size Forecast by Type
11.6.1 Single Course
11.6.2 Comprehensive Course
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 Online Education Service Market Size Forecast by Applications
11.10.1 Primary School Student
11.10.2 Junior High School Student
11.10.3 High School Student
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 Online Education Service Analysis and Forecast
12.1 Introduction
12.2 Latin America K-12 Online Education Service 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 Online Education Service Market Size Forecast by Type
12.6.1 Single Course
12.6.2 Comprehensive Course
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 Online Education Service Market Size Forecast by Applications
12.10.1 Primary School Student
12.10.2 Junior High School Student
12.10.3 High School Student
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 Online Education Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) K-12 Online Education Service 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 Online Education Service Market Size Forecast by Type
13.6.1 Single Course
13.6.2 Comprehensive Course
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 Online Education Service Market Size Forecast by Applications
13.10.1 Primary School Student
13.10.2 Junior High School Student
13.10.3 High School Student
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 Online Education Service Market: Competitive Dashboard
14.2 Global K-12 Online Education Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VIP Kid
14.3.2 Yuanfudao
14.3.3 Byju’s
14.3.4 PowerSchool
14.3.5 Sanoma
14.3.6 Pearson
14.3.7 Kroton
14.3.8 BlackBoard
14.3.9 ITutorGroup
14.3.10 D2L
14.3.11 Arco Platform
14.3.12 Learnosity
14.3.13 Illuminate Education
14.3.14 Bettermarks
14.3.15 Noon Academy
14.3.16 Toppr
