What is K-12 Education Training?
K-12 Education Training is a term used in education and educational technology around the world to refer to the publicly-funded school grades before college. Kindergarten (K) and first through twelfth grades are included (1-12). (If the term "13th grade" were used, it would be the first year of college.) By accelerating mutual recognition of Filipino graduates and professionals in other countries, the K-12 program promotes global competency. Students can choose between three tracks in the new curriculum: Academic, Technical-Vocational-Livelihood, and Sports and Arts.
|Unit||Value (USD Million)|
|Key Companies Profiled||Adobe Systems (United States), American Public Education (United States), Blackboard Inc. (United States), British International School of Jeddah (Saudi Arabia), Cengage Learning India Pvt. Ltd. (India), Chegg Inc. (United States), Dubai International Academy (United Arab Emirates), K12 Inc. (United States), McGraw-Hill Education (United States) and Nadeen International School (Bahrain)|
The study covers a detailed analysis segmented by key business segments i.e. , by application (Pre-primary School, Primary School, Middle School and High School) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global K-12 Education Training market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this K-12 Education Training market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Adobe Systems (United States), American Public Education (United States), Blackboard Inc. (United States), British International School of Jeddah (Saudi Arabia), Cengage Learning India Pvt. Ltd. (India), Chegg Inc. (United States), Dubai International Academy (United Arab Emirates), K12 Inc. (United States), McGraw-Hill Education (United States) and Nadeen International School (Bahrain).
On 19th May 2021, Emeritus, the global leader in making high-quality education accessible and affordable to individuals, businesses, and governments worldwide, announced a USD 200 million definitive agreement to acquire iD Tech, the world leader in youth STEM education. The acquisition marks Emeritus' expansion into K12 STEM education as the company grows to prepare individuals of all ages to succeed in the workforce and positions Emeritus as one of the largest and fastest growing skilling platforms. After the transaction is completed, iD Tech will operate independently, retaining its all-star team of instructors and employees. The distinct, yet highly complementary, offerings of Emeritus and iD Tech will be scaled to support a global audience with improved learning experiences.
Several state governments have identified a political opportunity to cap private school fees to balance the competing interests of parents and school administrators. The Tamil Nadu government passed the first Fee Regulation Act. Following that, Rajasthan, Gujarat, Maharashtra, and Uttar Pradesh enacted fee regulation legislation. These nascent regulatory structures have a significant impact on private schools' autonomy in determining fees. Fee regulation in India and elsewhere takes one of three forms: a cap on the absolute amount that a school can charge; a cap on the absolute increase in fees; or a cap on the percentage increase in fees. In any case, any government intervention that raises artificial prices tends to limit either the demand for or supply of private schools. As revenues fail to keep pace with costs, the incentive to invest in the sector diminishes, potentially leading to a loss of quality and innovation.
The K-12 education market is fragmented due to the numerous companies competing for market share. Among the major players are McGraw-Hill Education, Pearson Education Inc., and K12 Inc. With millions of learners online in Asia-Pacific, the K-12 private education sector is rapidly expanding. Several countries have made their entire K-12 curriculum available online. Countries such as China, India, Indonesia, and Malaysia are primarily driving development. Several factors, including the increasing need for competitive test preparation and standardization, are contributing to the growth of the K-12 private education market in this area.
K-12 Education Training Market Dynamics:
- Increased Awareness of Education Administration Training
- Rising Ubiquity of Digital Classrooms
- Academic Institutions Are Increasingly Being Used By Academic Institutions to Improve Their Operational Efficiency
- Technological Failure of the Training
|Road Blocks / Challenges|
- Faculty Members Are Not Technologically Prepared
|Gaps & Opportunities|
- Growing Use As It Implement and Address Various Challenges
- It Helps In Increases K-12 Education Training
Key highlights of the Global K-12 Education Training market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the K-12 Education Training market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global K-12 Education Training market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of K-12 Education Training Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global K-12 Education Training market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in K-12 Education Training market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using 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 New Entrants/Investors, Analysts and Strategic Business Planners, K-12 Education Training Supplier & Distributors, Government Bodies, End-Users and Others.
This helps us to gather the data for the 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 include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.