Market revenue in 2023 | USD 119,518.0 million |
Market revenue in 2030 | USD 278,288.8 million |
Growth rate | 12.8% (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 47.05% in 2023. Horizon Databook has segmented the China 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.
China places significant emphasis on K-12 education, investing heavily in the implementation of advanced e-learning solutions that encourage and allow Chinese students to compete in the global competition successfully.
Moreover, Chinese schools are increasingly adopting Learning Management Systems (LMS), driven by the growing popularity of e-learning solutions, increasing internet penetration, a growing number of tech-savvy students, and rising government support to modernize the education system digitally.
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