Australia K-12 Education Market Size & Outlook, 2023-2030
Australia k-12 education market, 2017-2030 (US$M)
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Australia k-12 education market highlights
- The Australia k-12 education market generated a revenue of USD 51,354.6 million in 2023 and is expected to reach USD 136,644.8 million by 2030.
- The Australia market is expected to grow at a CAGR of 15% 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.
K-12 education market data book summary
| Market revenue in 2023 | USD 51,354.6 million |
| Market revenue in 2030 | USD 136,644.8 million |
| Growth rate | 15% (CAGR from 2023 to 2030) |
| Largest segment | High school (9-12) |
| Fastest growing segment | Middle School (6-8) |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 2.1% of the global k-12 education market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan k-12 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 341,612.0 million by 2030.
High school (9-12) was the largest segment with a revenue share of 47.04% in 2023. Horizon Databook has segmented the Australia 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.
Australia’s diverse and multicultural population is influencing the K-12 education market by driving the demand for multilingual education, inclusive curricula, and culturally responsive teaching practices.
Schools are adapting to meet the needs of students from various cultural backgrounds, which is driving innovation in K-12 educational offerings. Furthermore, the Australian government provides substantial funding for both public and private schools, and education is a key policy area.
Initiatives aimed at improving literacy, numeracy, STEM education, and early childhood education contribute to market growth. In addition, reforms in curriculum development and assessment standards are presenting the need for continuous improvement in the country’s education quality.
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K-12 Education Market Scope
K-12 Education Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia k-12 education market size, by application, 2017-2030 (US$M)
Australia K-12 Education Market Outlook Share, 2023 & 2030 (US$M)
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