Asia Pacific K-12 Education Market Size & Outlook
Asia Pacific k-12 education market, 2017-2030 (US$M)
Related Markets
Asia Pacific k-12 education market highlights
- The Asia Pacific k-12 education market generated a revenue of USD 670,290.5 million in 2023.
- The market is expected to grow at a CAGR of 13.9% from 2024 to 2030.
- In terms of segment, high school (9-12) was the largest revenue generating application in 2023.
- Middle School (6-8) is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 670,290.5 million |
| Market revenue in 2030 | USD 1,666,399.8 million |
| Growth rate | 13.9% (CAGR from 2023 to 2030) |
| Largest segment | High school (9-12) |
| Fastest growing segment | Middle School (6-8) |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Elementary School (K-5), Middle School (6-8), High School (9-12) |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.9% of the global k-12 education market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,666,399.8 million by 2030.
High school (9-12) was the largest segment with a revenue share of 48.14% in 2023. Horizon Databook has segmented the Asia Pacific k-12 education market based on elementary school (k-5), middle school (6-8), high school (9-12) covering the revenue growth of each sub-segment from 2017 to 2030.
The Asia Pacific regional market is expected to witness the fastest growth in the global K-12 education market over the forecast period. This growth can be attributed to the rising prevalence of computing and smart devices among the masses.
In recent times, developing countries such as India and China have witnessed the rapid penetration of affordable broadband connectivity, ensuring the easy adoption of technologically advanced and digital solutions in the education sector.
Government spending on education varies significantly across the region. The education sectors in countries such as Singapore and South Korea have high public investment, while others rely more on private funding and international aid to improve education systems.
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K-12 Education Market Scope
K-12 Education Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific k-12 education market size, by country, 2017-2030 (US$M)
Asia Pacific K-12 Education Market Outlook Share, 2023 & 2030 (US$M)
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