PUBLISHER: The Business Research Company | PRODUCT CODE: 1680409
PUBLISHER: The Business Research Company | PRODUCT CODE: 1680409
Elementary schools offer the initial eight years of formal education for children, typically spanning from 1st to 8th grade. Secondary schools, on the other hand, provide academic courses following elementary education, generally covering 8th to 12th grade.
These schools can be categorized into primary, middle, and secondary schools. Primary schools serve as the initial stage of academic learning, also referred to as elementary education. Expenditure in these institutions can be classified as public or private, while ownership may fall under government, local bodies, or other entities. Fee structures across these schools vary, accommodating low-income, medium-income, and high-income brackets.
The elementary and secondary schools market research report is one of a series of new reports from The Business Research Company that provides elementary and secondary schools market statistics, including elementary and secondary schools industry global market size, regional shares, competitors with elementary and secondary schools market share, detailed elementary and secondary schools market segments, market trends and opportunities, and any further data you may need to thrive in the elementary and secondary schools industry. This elementary and secondary schools 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 elementary and secondary schools market size has grown strongly in recent years. It will grow from $1674.95 billion in 2024 to $1832.02 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to population growth, government funding, education policies, parental involvement, community development.
The elementary and secondary schools market size is expected to see strong growth in the next few years. It will grow to $2499.7 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to inclusive education practices, infrastructure upgrades, global competency emphasis, public-private partnerships, teacher professional development. Major trends in the forecast period include education technology innovation, digital learning platforms, technological integration, personalized learning approaches, focus on steam education.
An increase in education spending is anticipated to drive growth in the elementary and secondary schools market. Education spending encompasses the costs associated with various school activities. Higher spending translates to increased revenues for schools. For example, in December 2023, the UK-based annual report on education spending revealed that total public expenditure on education in England for the 2022-23 fiscal year reached £116 billion, accounting for costs related to student loans, adjusted to 2023-24 prices. Thus, the rise in education spending is propelling the growth of the elementary and secondary schools market moving forward.
The rising demand for educational services is projected to drive the growth of the elementary and secondary school market in the future. Educational services encompass a broad range of offerings related to education and training. Various public and private institutions provide these services to students and others, focusing on instruction-based learning across diverse subjects. These facilities offer educational services at different levels, including primary, elementary, secondary, and higher education. Consequently, the growing demand for educational services is fueling the expansion of the secondary school market. For example, in October 2024, a UK-based Research Briefing report on Higher Education Student Numbers indicated that during the 2022/23 academic year, there were 2.94 million students enrolled in higher education institutions throughout the UK. This increase in revenue will affect the demand for educational services, further propelling the growth of the secondary school market.
The flipped classroom teaching model is revolutionizing the student learning experience by fostering an interactive environment in classrooms. This innovative approach involves students reviewing lecture materials or video lectures as homework before attending class. During class time, interactive discussions and collaborative activities take place under the guidance of the teacher. The flipped classroom provides students with the flexibility to engage with lecture materials at their own pace, enabling them to come prepared with specific questions for in-class discussions. According to the Flipped Learning Network, teachers who implemented this model observed improved grades for 71% of students, and 80% reported enhanced student behavior, highlighting the effectiveness of the flipped classroom teaching approach.
Leading companies are at the forefront of innovation by introducing smart artificial intelligence training programs to strengthen their market positioning. These AI training programs are designed to impart foundational knowledge and practical applications of artificial intelligence and machine learning. For instance, in May 2023, Flatiron School, a U.S.-based educational organization, launched artificial intelligence training programs. These programs are instructor-led and cover essential topics such as machine learning, natural language processing (NLP), and data science. By embracing these cutting-edge initiatives, companies aim to equip workforces with the necessary knowledge and skills to harness the evolving capabilities of artificial intelligence.
Major companies operating in the elementary and secondary schools market include K12 Inc., Connections Academy, Stride Inc., BASIS Charter Schools, GEMS Education, Maple Leaf Educational Systems, Nord Anglia Education, Cognita Schools, The Leona Group LLC, Concept Schools, Accelerated Learning Solutions, Beacon Education Network, Success Academy Charter Schools, International School of Beijing, Fairmont Private Schools, Cengage Learning, Charter Schools USA, Edmentum Inc., Pansophic Learning, EtonHouse International Education Group, International Schools Services (ISS), Taaleem Group, Lincoln Learning Solutions, Ascend Learning LLC, Horizon Education Centers, Think Together, Catapult Learning
Asia-Pacific was the largest region in the elementary and secondary schools market in 2024. Western Europe was the second-largest region in the elementary and secondary schools market. The regions covered in the elementary and secondary schools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the elementary and secondary schools market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The elementary and secondary schools market consists of revenues earned by entities that provides basic technical courses to school students prior to bachelorette education. The elementary and secondary schools includes establishments such as boarding schools, kindergartens, military academies, finishing schools, vocational high schools. The market covers school boards and school districts. These establishments may be privately owned and operated for profit or not for profit, or they may be publicly owned and operated. 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.
Elementary And Secondary Schools Global Market Report 2025 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 elementary and secondary schools 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.
Where is the largest and fastest growing market for elementary and secondary schools ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The elementary and secondary schools 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 forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.