Global Online K Education Market Overview
As the technology has become vast, so is the education. Nowadays, everything could be done online using internet. K12 is an education management organization (EMO). It provides online education for public school students from kindergarten to 12th grade. Online K-12 Education Market accounted for US$ 119.7 billion in 2022 and is estimated to be US$ 631.9 billion by 2032 and is anticipated to register a CAGR of 17.0%.
Increasing importance of STEM education among students is the major propelling factor for the target market growth. In addition, online education offers students direct communication without any hesitation with their instructors which is expected to surge the target market growth over the forecast period. Furthermore, most K-12 online programs are inexpensive which has augmented the target market growth as well. Moreover, online K-12 education system delivers precise content within a short period which has fuel the target market growth. Additionally, government and NGO funds for online educational purposes has major role in developing the target market growth. For instance, according to the data published by Home - Aurora Institute (formerly iNACOL) in 2013, in Arizona, full-time online schools receive 95% of the base support-level. In Indiana, full-time online schools receive 87.5% of the typical funding level plus any special education grants, which are calculated the same as for traditional schools. Louisiana online schools receive 90% of the state and local funding based on where the student resides.
The global online K-12 education market is segmented based on product type, application, and region. On the basis of product type, the global online K-12 education market is classified into Elementary Education (Grades 1-5), Junior High Education (Grades 6-8), and Senior High Education (Grades 9-12). Based on application, the global market is bifurcated into teacher, student, and parents. On the basis of region, the global online K-12 education market is categorized into North America, Europe, Asian Pacific, Latin America, and Middle East & Africa.
Asia Pacific is anticipated to account for the highest share of the target market over the forecast period owing to the rise in demand for test preparation. Also, standardization of competitive tests is a factor contributing to the target market growth in this region.
The key players operating the global Online K-12 Education market involves XRS Corp., Languagenut, K12 Inc., Ifdoo, New Oriental Education & Technology, Pearson, Bettermarks, YY Inc., CDEL, Georg von Holtzbrinck GmbH & Co. K, Scoyo, YINGDING, XUEDA, White Hat Managemen, AMBO, and Beness Holding, Inc. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market.
Detailed Segmentation:
Online K-12 Education Market, By Product Type:
- Elementary Education (Grades 1-5)
- Junior High Education (Grades 6-8)
- Senior High Education (Grades 9-12)
Online K-12 Education Market, By Application:
- Teacher
- Student
- Parents
Online K-12 Education Market, By Region:
- North America
- Market Size and Forecast (US$ Mn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 20
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product Type, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Application, 2022 – 2032
- Market Size and Forecast (US$ Mn), By Country, 2022 – 2032
- GCC
- Israel
- South Africa
- Rest of Middle East
Company Profile:
- XRS Corp.
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial Performance
- Languagenu
- K12 Inc.
- Ifdoo
- New Oriental Education & Technology
- Pearson
- Bettermarks
- YY Inc.
- CDEL
- Georg von Holtzbrinck GmbH & Co.
- KScoyo
- YINGDING
- XUEDA
- White Hat Management
- AMBO
- Beness Holding, Inc.
“*” marked represents similar segmentation in other categories in the respective section
Global Online K Education Market Table of Contents
Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Online K-12 Education Market, By Product Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Elementary Education (Grades 1-5)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Junior High Education (Grades 6-8)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Senior High Education (Grades 9-12)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Online K-12 Education Market, By Application, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Teacher
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Student
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Parents
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Online K-12 Education Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- XRS Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Languagenut
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- K12 Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Ifdoo
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- New Oriental Education & Technology
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Pearson
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Bettermarks
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- YY Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- CDEL
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Georg von Holtzbrinck GmbH & Co. K
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Scoyo
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- YINGDING
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- XUEDA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- White Hat Management
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- AMBO
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Beness Holding, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- XRS Corp.
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- Section
- Research Methodology
- About Us
- Contact
FAQs
The Online K-12 Education Market is segmented into Type, Application, and Region.
Increasing demand for flexible learning options, emphasis on digital resources for education, and the adoption of online platforms for K-12 education drive the growth of the online K-12 education market globally.
Challenges include potential disparities in digital access, concerns about student engagement, and the need for effective teacher training in online education methods, posing global restraints in the online K-12 education market.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating in the target market include XRS Corp., Languagenu, K12 Inc., Ifdoo, New Oriental Education & Technology, Pearson, Bettermarks, YY Inc., CDEL, Georg von Holtzbrinck GmbH & Co., KScoyo, YINGDING, XUEDA, White Hat Management, AMBO, and Beness Holding, Inc.