South Korea Higher Education Market Size & Outlook

The higher education market in South Korea is expected to reach a projected revenue of US$ 65,686.4 million by 2030. A compound annual growth rate of 14% is expected of South Korea higher education market from 2024 to 2030.
Revenue, 2023 (US$M)
$26,280.7
Forecast, 2030 (US$M)
$65,686.4
CAGR, 2024 - 2030
14%
Report Coverage
South Korea

South Korea higher education market highlights

  • The South Korea higher education market generated a revenue of USD 26,280.7 million in 2023 and is expected to reach USD 65,686.4 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 14% from 2024 to 2030.
  • In terms of segment, offline was the largest revenue generating mode in 2023.
  • Online is the most lucrative mode segment registering the fastest growth during the forecast period.

Higher education market data book summary

Market revenue in 2023USD 26,280.7 million
Market revenue in 2030USD 65,686.4 million
Growth rate14% (CAGR from 2023 to 2030)
Largest segmentOffline
Fastest growing segmentOnline
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOffline, Online
Key market players worldwideSouthern California Institute of Technology, Imperial College London, Massachusetts Institute of Technology, Stanford University, University of Oxford, Columbia University, Peking University Resources Holdings Co Ltd, Tsinghua University, Harvard College, Princeton University, The University of Tokyo, University of Cape Town, University College London (UCL), Technological University of Los Andes, University of Pennsylvania, Yale University

Other key industry trends

  • In terms of revenue, South Korea accounted for 3.6% of the global higher education market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, South Korea higher education market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 54,372.2 million by 2030.

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Higher Education Market Scope

Higher education market segmentation & scope
Offline
Online
Tution fees
Grants, Contracts, and Gifts
Investment Returns
Others
Undergraduate
Masters
PhD
State Universities
Governmnet Colleges
Others
Private Colleges
Community Colleges
Others

Higher Education Market Companies

Name Profile # Employees HQ Website

South Korea higher education market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to higher education market will help companies and investors design strategic landscapes.


Offline was the largest segment with a revenue share of 69.87% in 2023. Horizon Databook has segmented the South Korea higher education market based on offline, online covering the revenue growth of each sub-segment from 2018 to 2030.


  • South Korea Higher Education Mode Outlook (Revenue, USD Million, 2018-2030)
    • Offline
    • Online
  • South Korea Higher Education Revenue Source Outlook (Revenue, USD Million, 2018-2030)
    • Tution fees
    • Grants, Contracts, and Gifts
    • Investment Returns
    • Others
  • South Korea Higher Education Course Outlook (Revenue, USD Million, 2018-2030)
    • Undergraduate
    • Masters
    • PhD
  • South Korea Higher Education Institution Outlook (Revenue, USD Million, 2018-2030)
    • Public
      • State Universities
      • Governmnet Colleges
      • Others
    • Private
      • Private Colleges
      • Community Colleges
      • Others

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Target buyers of South Korea higher education market databook

  • Our clientele includes a mix of higher education market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea higher education market , including forecasts for subscribers. This country databook contains high-level insights into South Korea higher education market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea higher education market size, by mode, 2018-2030 (US$M)

South Korea Higher Education Market Outlook Share, 2023 & 2030 (US$M)

South Korea higher education market size, by mode, 2018-2030 (US$M)

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