K-12 Private Education Market Will Reach $3.85 Billion by 2030

The global K-12 private education market size is expected to reach USD 3.85 billion by 2030 according to a new study by Polaris Market Research. The report “K-12 Private Education Market Share, Size, Trends, Industry Analysis Report, By Method (Blended/Instructor-Led Training, Computer/Web-Based Training, Textbooks/Self-Study Material, Video/Audio Recording, Simulation-Based Training, Others); By Service Providers; By Application; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

“According to the research report published by Polaris Market Research, The global K-12 private education market was valued at USD 2.19 billion in 2021 and is expected to grow at a CAGR of 6.6% during the forecast period.”

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Reserved teaching efficiency programs are expected to fuel economic growth worldwide. For instance, according to its ‘Vision 2030,’ Saudi Arabia plans to increase reserved teaching by 25% by 2030. In line with this, the government gradually removed the owner’s limits on foreign corporations in 2017 to establish a partnership with the local partners and collaborators through 100 percent ownership. Further, in December 2021, Tmrw, a revolutionary and scalable Learning Operating System (LearnOS) for international teaching were launched to ensure that every child receives high-quality teaching.

Top Market Players

  • American Public Education
  • Adobe Systems
  • Blackboard Inc.
  • British International School of Jeddah
  • Chegg Inc.
  • Dhuha International School
  • Cengage Learning India Pvt. Ltd.
  • Tal Education Group
  • Dubai International Academy
  • McGraw-Hill Education
  • Nadeen International School
  • Newsela
  • Pearson Education Inc.
  • K12 Inc.
  • Providence Equity Partners LLC
  • Stride Inc.
  • Next Education India Pvt. Ltd
See also  K-12 Private Education Market Size Will Hit USD 3.85 Billion by 2030 | CAGR: 6.6%

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Growth Drivers

The need for K-12 private teaching is being driven by schools transitioning from the traditional chalkboard approach to integration with smart devices. For instance, in March 2021, the Huawei IdeaHub Board was certified by the TUV Rheinland, which eliminates harmful light and filters harmful rays for a safe visual experience.

Polaris Market Research has segmented the K-12 private education market report based on method, service providers, application, and region:

K-12 Private Education, Method Outlook (Revenue – USD Billion, 2018 – 2030)

  • Blended/instructor-led training
  • Computer/web-based training
  • Textbooks/self-study material
  • Video/audio recording
  • Simulation-based training
  • Others

K-12 Private Education, Service Providers Outlook (Revenue – USD Billion, 2018 – 2030)

  • Ed-tech companies
  • Educational Institutions
  • Others

K-12 Private Education, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • Pre-Primary School
  • Primary School
  • Middle School
  • High School

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