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Global Online K-12 Education Market to reach USD 76.57 billion by 2027

Global Online K-12 Education Market Size study, By Type (Synchronous Education and Asynchronous Education), By Application (elementary education (grade 1-5), junior high education (grade 6-8), senior high education (9-12)), and Regional Forecasts 2020-2027

Product Code: OIREI_13712426
Publish Date: 25-11-2020
Page: 200

Global Online K-12 Education Market is valued approximately at USD 20.87 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 18.21% over the forecast period 2020-2027. K-12 curriculum has undergone a significant change in recent years. In the past few years, educators, teachers and parents have adopted digital technology. Digital learning formats have evolved to enhance student experience. K-12 education is offered to students from kindergarten to 12th grade. The Online education is growing due to increasing understanding among students as well as parents and teachers about online education. Educational institutions are now introducing high-level online technologies to accelerate students’ online learning experience. The popularity of online learning is on the rise when one-on-one learning is accessible. Online learning with the aid of the teacher allows to get adequate time and concentration of the instructor on the particular student. Though nations are at varying stages of their COVID-19 outbreak rates, there are currently more than 1.2 billion children worldwide infected by the pandemic in 186 countries. In Denmark, children up to the age of 11 are returning to nurseries and schools after their initial closure on 12th March, however, in South Korea, students are responding to rollcalls from their teachers online. In response to considerable demand, several online learning companies provide free access to their services, including platforms such as BYJU’S, a Bangalore (India)-based educational technology company and online tutoring business established in 2011, which is now the world’s most highly regarded Ed-technology company. After the announcement of free live classes on the Think and Learn app, BYJU’s has seen a 200 percent rise in the number of new students using its product, according to the Chief Operating Officer of the firm. High initial cost of the market are one of the restraining factor of the market.
The regional analysis of global Online K-12 Education Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America has the largest market share due to rising investments in online learning and the large transfer of students from conventional learning to online learning. Asia Pacific is the fastest-growing online learning market for K-12; countries like China and India are increasingly embracing online learning solutions. For instance, in September 2020, Cymatic, one of the ed-tech start-ups, is the first in India to announce the ‘5D Evaluation Platform’ for K12 learning. The 5D assessment framework will customize the evaluation of expert teachers on their learning platform and allow students to consider their success under five dimensions.
Major market player included in this report are:
AMBO
Ifdoo
White Hat Management
Bettermarks
XRS
Georg von Holtzbrinck GmbH & Co. K
Languagenut
XUEDA
CDEL
K12 Inc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Synchronous Education
Asynchronous Education
By Application:
Elementary education (grade 1-5)
Junior high education (grade 6-8)
Senior high education (9-12)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Online K-12 Education Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Online K-12 Education Market, by Region, 2018-2027 (USD Billion)
1.2.2. Online K-12 Education Market, by Type, 2018-2027 (USD Billion)
1.2.3. Online K-12 Education Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Online K-12 Education Market Definition & Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Online K-12 Education Market Dynamics
3.1. Online K-12 Education Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Online K-12 Education Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Online K-12 Education Market, by Type
5.1. Market Snapshot
5.2. Global Online K-12 Education Market by Type, Performance – Potential Analysis
5.3. Global Online K-12 Education Market Estimates & Forecasts by Type, 2017-2027 (USD Billion)
5.4. Online K-12 Education Market, Sub Segment Analysis
5.4.1. Synchronous Education
5.4.2. Asynchronous Education
Chapter 6. Global Online K-12 Education Market, by Application
6.1. Market Snapshot
6.2. Global Online K-12 Education Market by Application, Performance – Potential Analysis
6.3. Global Online K-12 Education Market Estimates & Forecasts by Application, 2017-2027 (USD Billion)
6.3.1. Elementary education (grade 1-5)
6.3.2. Junior high education (grade 6-8)
6.3.3. Senior high education (9-12)
Chapter 7. Global Online K-12 Education Market, Regional Analysis
7.1. Online K-12 Education Market, Regional Market Snapshot
7.2. North America Online K-12 Education Market
7.2.1. U.S. Online K-12 Education Market
7.2.1.1. Type breakdown estimates & forecasts, 2017-2027
7.2.1.2. Application breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Online K-12 Education Market
7.3. Europe Online K-12 Education Market Snapshot
7.3.1. U.K. Online K-12 Education Market
7.3.2. Germany Online K-12 Education Market
7.3.3. France Online K-12 Education Market
7.3.4. Spain Online K-12 Education Market
7.3.5. Italy Online K-12 Education Market
7.3.6. Rest of Europe Online K-12 Education Market
7.4. Asia-Pacific Online K-12 Education Market Snapshot
7.4.1. China Online K-12 Education Market
7.4.2. India Online K-12 Education Market
7.4.3. Japan Online K-12 Education Market
7.4.4. Australia Online K-12 Education Market
7.4.5. South Korea Online K-12 Education Market
7.4.6. Rest of Asia Pacific Online K-12 Education Market
7.5. Latin America Online K-12 Education Market Snapshot
7.5.1. Brazil Online K-12 Education Market
7.5.2. Mexico Online K-12 Education Market
7.6. Rest of The World Online K-12 Education Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. AMBO
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Industry Summary
8.2.1.5. Recent Developments
8.2.2. Ifdoo
8.2.3. White Hat Management
8.2.4. Bettermarks
8.2.5. XRS
8.2.6. Georg von Holtzbrinck GmbH & Co. K
8.2.7. Languagenut
8.2.8. XUEDA
8.2.9. CDEL
8.2.10. K12 Inc
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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