Market revenue in 2023 | USD 164,443.6 million |
Market revenue in 2030 | USD 401,191.9 million |
Growth rate | 13.6% (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) |
High school (9-12) was the largest segment with a revenue share of 46.48% in 2023. Horizon Databook has segmented the Canada 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.
High demand for personalized and flexible learning approaches, growing government support for the implementation of digital solutions at the K-12 education level and increasing investments by venture capitalists are some of the key factors driving the K-12 education market in Canada.
VCs are focusing majorly investing solutions that provide personalized and adaptive learning tools and online and blended learning platforms. Moreover, Canadian provinces and territories periodically introduce educational reforms aimed at improving student outcomes, modernizing curricula, and integrating new teaching practices.
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