| Source: Contrive Datum Insights Pvt Ltd
Farmington, Connecticut, UNITED STATES
Farmington, Jan. 16, 2023 (GLOBE NEWSWIRE) — The Global K-12 Education Market was valued at USD 8 Billion in 2022 and is anticipated to reach USD 94.7 Billion by 2030, expanding at a CAGR of 31.6% during the forecast period, between 2022 and 2030. Schools are moving away from the traditional blackboard method and putting smart technology into the learning environment. This is what drives the market. Learning trends include a wide range of activities, tools, and services that are designed to help students do better in school.
As the number of jobs in science, technology, engineering, and math (STEM) has grown, so has the demand for STEM education. Students who do well on competitive tests are accepted into colleges and universities. Because of this, parents, students, and other stakeholders around the world stress basic STEM education in schools.
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Recent Developments:
Regional Outlook:
In Asia-Pacific, the K-12 education market is growing quickly because online learning is being used by millions of students. Several countries are putting all of their K–12 lessons online. Most of the growth comes from places like China, India, Indonesia, and Malaysia.
The effects of these repeated school closings are very bad, including a loss of learning and emotional stress. Children who miss school lunches and routine immunisations are more likely to drop out of school. more children working and more children getting married. According to the report, Asia will need to increase its education budget by an average of 10% to make up for this loss if it wants to meet the education goals of the UN 2030 Agenda’s Sustainable Development Goals within the next nine years. In these hard times, the government and both public and private institutions have had to invest in new educational technology to keep the flow of knowledge going.
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Scope of Report:
Market Trends, Drivers, Restraints, and Opportunities:
Key Segments Covered:
Top Market Players:
Chungdahm Learning, Dell, Educomp Solutions, Next Education, Samsung, TAL Education Group, Tata Class Edge, Adobe Systems, Blackboard, BenQ, Cengage Learning, D2L, Ellucian, IBM, Intel, Knewton, Mcmillan Learning, McGraw-Hill Education, Microsoft, Oracle, Pearson Education, Promethean World, Saba Software, Smart Technologies, and others.
By Type
By Application
By Service Providers
By Method
Regions and Countries Covered
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K-12 Education Market Is Expected To Reach around USD 94.7 … – GlobeNewswire
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