According to Custom Market Insights (CMI), the UK K-12 Education Market size was estimated at USD 30 billion in 2023 and is anticipated to reach around USD 51 billion by 2032, recording a CAGR of roughly 15% between 2023 and 2032.
The Pre-Primary School & Primary School Segment held the Largest Share of the UK K-12 Education Market in 2022
The UK K-12 Education Market was estimated at USD 28 billion in 2022 and is anticipated to reach around USD 51 billion by 2032, growing at a CAGR of roughly 15% between 2023 and 2032.
CMI research report offers a 360-degree view of the UK K-12 Education market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the UK K-12 Education market.
UK K-12 Education Market: Overview
The report on K-12 Education Sector in the UK thoroughly examines the expansion of the K-12 Education industry. The governments in each of the United Kingdom’s counties oversee different educational systems. Between the ages of 5 and 18 in England and Wales, between ages 5 and 14 in Scotland, and between the ages of 5 and 14 in Northern Ireland, the “National Curriculum” serves as a framework for education.
The UK’s educational system is divided into “key stages.”
- 5 to 7 years old: Key Stage 1
- 7 to 11 years old: Key Stage 2
- 11 to 14 years old: Key Stage 3
- 14 to 16 years old: Key Stage 4
Browse the full “UK K-12 Education Market Size, Trends and Insights By Type (Private K-12 Education, Public K-12 Education), By Application (High School, Middle School, Pre-primary School & Primary School), and By Region – Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032“report at https://www.custommarketinsights.com/report/uk-k-12-education-market/
Growth Factors
The popularity of STEM-based education has grown in response to the expanding employment prospects in science, technology, engineering, and mathematics fields. Therefore, basic STEM-based education in schools is receiving more attention from parents, students, and teachers. In the upcoming years, this will accelerate the growth of the K-12 education sector. Students who earn high marks on competitive exams can enrol in higher education institutions, which open the door to technical education and improved employment choices.
Moreover, government initiatives, such as compulsory primary and secondary education and government funds for public-funded schools. Also, the government of the country is encouraging private education players to invest in the UK K-12 education market, which is expected to propel market growth during the forecast period.
Segmental Overview
The UK K-12 education market is segmented into type and application. Based on type, the market is segmented into private K-12 education and public K-12 education. The public K-12 education segment dominated the market in 2022; however, the private K-12 education segment is expected to witness a high CAGR during the forecast period. More than 54,000 international students are studying in independent K-12 schools in the UK that are members of the Independent Schools Council (ISC) this year, and approximately 60,000 more are attending one of the 93 ICS sites abroad. This factor is propelling the growth of the private K-12 education segment in the UK.
Based on application, the UK K-12 education market is classified into high school, middle school, and pre-primary & primary school. The pre-primary & primary school segment is estimated to dominate the market in 2022. The country’s government has mandated primary and secondary education in the country, which is boosting the segment’s growth.
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Competitive Landscape/ Key Players Insights
The study focuses on the market analysis of the UK K-12 market, and market size includes the income from these solutions sold by different market participants. In order to support the market estimates and growth rates over the forecast period of 2023-2032, the study additionally tracks important market metrics, underlying growth influencers, and significant industry suppliers. The total impact of COVID-19 on the ecology is further examined in the study.
- 2023: Learning Ovations was acquired by Scholastic, which the major children’s publisher claims will significantly progress the creation of its literacy platform.
Some of the prominent players
- McGraw-Hill Education
- Pearson Education
- Blackboard, Inc.
- Pi-Top
- Perlego
- Kano
- Multiverse
- BibliU
- MyTutor
- Kortext
Table of Contents: https://www.custommarketinsights.com/report/uk-k-12-education-market/#table-of-contents
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