Early Childhood Education Global Market Report 2024

Description

Early childhood education encompasses the learning experiences from birth to eight years old. This crucial phase supports cognitive, emotional, social, and physical development and includes both formal and informal programs such as preschool, kindergarten, and early elementary grades.

The primary types of early childhood education are distance education and early childhood education schools. Distance education for young children involves teaching through online or virtual platforms, enabling learning from home. Fee structures vary by income levels-low-income, medium-income, and high-income-and applications are tailored to different age groups, under 3 years, 3-5 years, and 5-8 years.

The early childhood education market research report is one of a series of new reports from The Business Research Company that provides early childhood education market statistics, including early childhood education industry global market size, regional shares, competitors with an early childhood education market share, detailed early childhood education market segments, market trends, and opportunities, and any further data you may need to thrive in the early childhood education industry. This early childhood education market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The early childhood education market size has grown strongly in recent years. It will grow from $257.93 billion in 2023 to $282.46 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. The growth during the historic period can be attributed to advancements in psychological theories of development, economic growth, workforce demands, government policies and funding, educational research, and movements focused on child welfare and protection.

The early childhood education market size is expected to see strong growth in the next few years. It will grow to $407.83 billion in 2028 at a compound annual growth rate (CAGR) of 9.6%. The anticipated growth in the forecast period can be attributed to government policies and funding, increased awareness, technological advancements, and higher workforce participation. Major trends expected during this period include greater integration of technology, a focus on social-emotional learning, personalized learning approaches, the expansion of inclusive education, and an emphasis on play-based learning.

The increasing number of working parents is projected to drive the growth of the early childhood education market. Economic pressures and the necessity of dual incomes to sustain a household's standard of living are leading to more parents joining the workforce. Early childhood education offers dependable childcare for working parents, allowing them to continue their careers while ensuring their children receive essential learning and socialization. This type of education supports cognitive development and sets the foundation for future academic success. For example, in October 2022, the Australian Bureau of Statistics reported that 94.5% of couple families with dependents had at least one employed parent. Furthermore, the percentage of couple families with both parents working increased to 71.4%, up from 69.9% in 2021. As a result, the rise in working parents is fueling the expansion of the early childhood education market.

Companies in the early childhood education sector are focusing on developing innovative solutions, such as artificial intelligence (AI)-driven platforms, to gain a market advantage. AI-driven platforms in early childhood education use technology to enhance and personalize learning experiences for young children. For instance, in July 2024, Vardhan Group, an India-based real estate firm, launched the Boost My Child (BMC) platform, an AI-driven initiative designed to improve early childhood education for children aged 0 to 8 years. This platform supports teachers and parents in fostering holistic development according to the National Education Policy (NEP) and National Curriculum Framework (NCF) guidelines. BMC includes a school assessment module (SAM) that allows teachers to evaluate students' development through an intuitive interface on various devices. Additionally, the platform offers a mobile app for parents, providing insights into their child's progress across six categories and 21 areas, along with personalized activities and parenting guidelines tailored to each child's needs.

In July 2024, Procare Solutions, a US-based child care management software provider, acquired Bertelsen Education for an undisclosed sum. This acquisition enables Procare Solutions to offer ongoing education and professional development training specifically for early childhood education (ECE) providers. Bertelsen Education, a US-based company, specializes in providing professional development resources and training for early childhood educators and childcare providers.

Major companies operating in the early childhood education market are Learning Care Group, La Petite Academy, The Goddard School, KinderCare Education, Bright Horizons Family Solutions, G8 Education Ltd, Busy Bees, Childtime Learning Centers, KIPP Foundation, New Horizon Academy, The Learning Experience, Nobel Learning Communities, Knowledge Universe, Creme de la Creme, Little Sprouts, Kids R Kids International Inc., Safari Kid, Kidzee, Great Beginnings Preschool and Childcare, Primrose Schools, Bright Start Early Education, Smart Start Education, Creative Kids Learning Center, Montessori Schools, Mini-Skool Early Learning Centers, Discovery Kids

North America was the largest region in the early childhood education market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the early childhood education market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the early childhood education market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The early childhood education market includes revenues earned by entities by providing services such as daycare centers, family daycare, after-school programs, parenting education and support, and health and nutrition services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Early Childhood Education Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on early childhood education market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Where is the largest and fastest growing market for early childhood education ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The early childhood education market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Distance Education; Early Childhood Education School
2) By Fee Structure: Low-Income; Medium-Income; High-Income
3) By Application: 5-8 Years; 3-5 Years; Below 3 Years
Companies Mentioned: Learning Care Group; La Petite Academy; The Goddard School; KinderCare Education; Bright Horizons Family Solutions
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r19877

1. Executive Summary

2. Early Childhood Education Market Characteristics

3. Early Childhood Education Market Trends And Strategies

4. Early Childhood Education Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Early Childhood Education Market Size and Growth

5.1. Global Early Childhood Education Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Early Childhood Education Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Early Childhood Education Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Early Childhood Education Market Segmentation

6.1. Global Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Distance Education
Early Childhood Education School
6.2. Global Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Low-Income
Medium-Income
High-Income
6.3. Global Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
5-8 Years
3-5 Years
Below 3 Years

7. Early Childhood Education Market Regional And Country Analysis

7.1. Global Early Childhood Education Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Early Childhood Education Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Early Childhood Education Market

8.1. Asia-Pacific Early Childhood Education Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Early Childhood Education Market

9.1. China Early Childhood Education Market Overview
9.2. China Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Early Childhood Education Market

10.1. India Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Early Childhood Education Market

11.1. Japan Early Childhood Education Market Overview
11.2. Japan Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Early Childhood Education Market

12.1. Australia Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Early Childhood Education Market

13.1. Indonesia Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Early Childhood Education Market

14.1. South Korea Early Childhood Education Market Overview
14.2. South Korea Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Early Childhood Education Market

15.1. Western Europe Early Childhood Education Market Overview
15.2. Western Europe Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Early Childhood Education Market

16.1. UK Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Early Childhood Education Market

17.1. Germany Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Early Childhood Education Market

18.1. France Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Early Childhood Education Market

19.1. Italy Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Early Childhood Education Market

20.1. Spain Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Early Childhood Education Market

21.1. Eastern Europe Early Childhood Education Market Overview
21.2. Eastern Europe Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Early Childhood Education Market

22.1. Russia Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Early Childhood Education Market

23.1. North America Early Childhood Education Market Overview
23.2. North America Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Early Childhood Education Market

24.1. USA Early Childhood Education Market Overview
24.2. USA Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Early Childhood Education Market

25.1. Canada Early Childhood Education Market Overview
25.2. Canada Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Early Childhood Education Market

26.1. South America Early Childhood Education Market Overview
26.2. South America Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Early Childhood Education Market

27.1. Brazil Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Early Childhood Education Market

28.1. Middle East Early Childhood Education Market Overview
28.2. Middle East Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Early Childhood Education Market

29.1. Africa Early Childhood Education Market Overview
29.2. Africa Early Childhood Education Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Early Childhood Education Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Early Childhood Education Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Early Childhood Education Market Competitive Landscape And Company Profiles

30.1. Early Childhood Education Market Competitive Landscape
30.2. Early Childhood Education Market Company Profiles
- 30.2.1. Learning Care Group
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. La Petite Academy
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. The Goddard School
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. KinderCare Education
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Bright Horizons Family Solutions
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Early Childhood Education Market Other Major And Innovative Companies

31.1. G8 Education Ltd
31.2. Busy Bees
31.3. Childtime Learning Centers
31.4. KIPP Foundation
31.5. New Horizon Academy
31.6. The Learning Experience
31.7. Nobel Learning Communities
31.8. Knowledge Universe
31.9. Creme de la Creme
31.10. Little Sprouts
31.11. Kids R Kids International Inc.
31.12. Safari Kid
31.13. Kidzee
31.14. Great Beginnings Preschool and Childcare
31.15. Primrose Schools

32. Global Early Childhood Education Market Competitive Benchmarking

33. Global Early Childhood Education Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Early Childhood Education Market

35. Early Childhood Education Market Future Outlook and Potential Analysis

35.1 Early Childhood Education Market In 2028 - Countries Offering Most New Opportunities
35.2 Early Childhood Education Market In 2028 - Segments Offering Most New Opportunities
35.3 Early Childhood Education Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer