Canada K-12 Education Market Size & Outlook, 2023-2030

The k-12 education market in Canada is expected to reach a projected revenue of US$ 401,191.9 million by 2030. A compound annual growth rate of 13.6% is expected of Canada k-12 education market from 2024 to 2030.
Revenue, 2023 (US$M)
$164,443.6
Forecast, 2030 (US$M)
$401,191.9
CAGR, 2024 - 2030
13.6%
Report Coverage
Canada

Canada k-12 education market highlights

  • The Canada k-12 education market generated a revenue of USD 164,443.6 million in 2023 and is expected to reach USD 401,191.9 million by 2030.
  • The Canada market is expected to grow at a CAGR of 13.6% 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 2023USD 164,443.6 million
Market revenue in 2030USD 401,191.9 million
Growth rate13.6% (CAGR from 2023 to 2030)
Largest segmentHigh school (9-12)
Fastest growing segmentMiddle School (6-8)
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationElementary School (K-5), Middle School (6-8), High School (9-12)


Other key industry trends

  • In terms of revenue, Canada accounted for 6.6% 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 North America, U.S. k-12 education market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 401,191.9 million by 2030.

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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K-12 Education Market Companies

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Canada k-12 education market size, by application, 2017-2030 (US$M)

Canada K-12 Education Market Outlook Share, 2023 & 2030 (US$M)

Canada k-12 education market size, by application, 2017-2030 (US$M)

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