Global Private Education Market Overview:
Private Education is known as education provided by a private organization or individual. It provides high-quality education services which lead to empowering parents, students, and communities. The private education system emphasizes extra-curricular activities which help in the development of self-confidence in the youngsters and life skills such as teamwork and leadership.
- Growing need for a safe learning Environment, Smart Classes, and Infrastructure among the individual
- The increasing number of students in every field in the developing countries
- High Cost of Technology Services, Equipment, and Infrastructure Designed hindering the Private Education Market
- Growing Awareness about Importance of Education in The Developing Countries Creating an Opportunities For Private Education Market
- Stiff Competition in Private Education Market with the Presence of Number of Players
The global Private Education market is fragmented with the presence of various players. It is offering a wide range of services such as online, e-learning, and private one-on-one tuition. Private education companies are investing in the launch and enchantment of the learning process. The player is also participating in strategic activities like mergers and acquisitions to enhance their market presence.
Some of the key players profiled in the report are Bright Horizons (United States), Chegg Inc. (United States), Great Oaks Charter Schools (United States), KinderCare Learning Centers LLC (United States), Udemy, Inc. (United States), Cambridge Institute. (India), PresenceLearning (United States), TAL Education Group (China), Perdoceo Education Corporation (United States), Gaotu Techedu Inc.( China), GOSTUDENT LTD (Austria), Corporate Governance Institute.(Ireland), Meten EdTechX Education Group (China) and First High-School Education Group Co., Ltd. (China). Analyst at AMA Research see United States Vendors to retain maximum share of Global Private Education market by 2027. Considering Market by End Users, the sub-segment i.e. Teenagers will boost the Private Education market. Considering Market by Distribution channel, the sub-segment i.e. Online channel will boost the Private Education market.
Latest Market Insights:
On June 1, 2021, First High-School Education Group Co., Ltd. the largest operator of private high schools in Western China and third-largest operator in China, announced the acquisition of 51% equity interests in Beijing Tomorrow Future Plus Education Technology Co., Ltd, a technology-driven education company, for consideration of RMB76.5 million from an original shareholder that was controlled by a related party of the Company. The transaction was closed in late May 2021.
On August 05, 2021, Meten EdtechX Education Group Ltd., one of the leading omnichannel English language training service providers in China, announced that the Company plans to start providing online adult overseas higher education services in the Fall of 2021. Enrolment for the Services will first start in Beijing, Guangzhou, Shenzhen, Chengdu, Chongqing, Foshan, Wuhan, and Nanjing, and will be expanded throughout China in the Spring of 2022.
“Independent schools are subject to government regulation as set out in the statutory framework for independent schools. This is laid down in Part 4 of the Education and Skills Act 2008. Independent schools must be registered with the Department for Education (DfE) and can be closed down by removal from the register if they are found not to be providing satisfactory education. As the registration authority, the DfE also has the power to require a registered independent school to be inspected. Independent schools are not required to have a governing body, although most do.”
What Can be Explored with the Private Education Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Private Education Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Private Education
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Private Education market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Private Education market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Private Education Service Providers, Private Education Industry Associations, Research and Development Institutes, Private Education Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Private Education Market?
The Private Education market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in Private Education Market?
Top performing companies in the Global Private Education market are Bright Horizons (United States), Chegg Inc. (United States), Great Oaks Charter Schools (United States), KinderCare Learning Centers LLC (United States), Udemy, Inc. (United States), Cambridge Institute. (India), PresenceLearning (United States), TAL Education Group (China), Perdoceo Education Corporation (United States), Gaotu Techedu Inc.( China), GOSTUDENT LTD (Austria), Corporate Governance Institute.(Ireland), Meten EdTechX Education Group (China) and First High-School Education Group Co., Ltd. (China), to name a few.
3. What trending factors would impact Private Education Market growth most?
"Advancements of Digital Technologies in Private Education Providing New and Innovation Ways to Support The Learning Process" is seen as one of major influencing trends for Private Education Market during projected period 2021-2027.