Mexico K-12 Education Market Size & Outlook, 2023-2030
Mexico k-12 education market, 2017-2030 (US$M)
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Mexico k-12 education market highlights
- The Mexico k-12 education market generated a revenue of USD 46,645.0 million in 2023 and is expected to reach USD 76,968.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.4% 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 46,645.0 million |
| Market revenue in 2030 | USD 76,968.0 million |
| Growth rate | 7.4% (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, Mexico accounted for 1.9% 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 Latin America, Brazil k-12 education market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 103,742.6 million by 2030.
High school (9-12) was the largest segment with a revenue share of 48.07% in 2023. Horizon Databook has segmented the Mexico 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 Mexican government has implemented a series of educational reforms aimed at improving the quality and accessibility of K-12 education. These include the New Mexican School (Nueva Escuela Mexicana) initiative, which focuses on holistic education, equity, and inclusion. Investments in infrastructure, teacher training, and curriculum modernization are also contributing to market growth.
Furthermore, Mexico faces significant educational inequality, particularly between urban and rural areas. Efforts to address these disparities, including investments in rural education, distance learning technologies, and government programs targeting underserved communities, are expanding access to quality education and driving market growth.
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K-12 Education Market Scope
K-12 Education Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico k-12 education market size, by application, 2017-2030 (US$M)
Mexico K-12 Education Market Outlook Share, 2023 & 2030 (US$M)
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