Insights Into The Primary School Market’s Growth Opportunities Through 2023-2032 – Includes Primary School Market Share
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Growing literacy rates will encourage innovation in elementary school manufacturing, propelling the market during the forecast period.
The global primary school market is expected to grow from $657.72 billion in 2022 to $721.22 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The global primary school market size is expected to reach $1,029.23 billion in 2027 at a CAGR of 9.3%.
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Global Primary School Market Segments Include:
- By Type: Public, Private, Online
- By Deployment Mode: Cloud, On-Premise
- By Fee Structure: Low-Income, Medium-Income, High-Income
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global primary school market in 2021.
Major Market Players in the primary school market include Pearson PLC, Cengage Learning India Pvt Ltd., Stride Inc., Blackboard Inc., Tata Class Edge, D2L Corporation, NextEducation India Pvt Ltd., TAL Education Group, Hailiang Education Group.
Technological advancement is a major trend that is gaining traction in the primary school industry. To strengthen their position in the primary school industry, major corporations are focusing on developing innovative technological solutions. For example, Tata Class Edge, an India-based firm, and the Furtados School of Music, an India-based music company, joined in May 2022 to give the finest educational experience to schools via the combination of technology and music. Furtados School of Music has chosen to make this music teaching technique more accessible by combining it with the expertise and resources of TATA Class Edge in the K-12 educational business.
The Primary School Global Market Report 2023 provides a primary school market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The primary school market forecast analyzes primary school market size, primary school market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
A primary school is an institution where children learn the fundamental skills needed to prepare them for life, work, and active citizenship. It also includes the first year of formal school, which may include kindergarten in certain countries or first grade in others. It provides elementary school pupils (kindergarten through fifth grade) with academic courses and related curriculum.
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