Market revenue in 2023 | USD 28,203.8 million |
Market revenue in 2030 | USD 68,322.4 million |
Growth rate | 13.5% (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 51.41% in 2023. Horizon Databook has segmented the New Zealand 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 New Zealand government places a strong emphasis on education, with ongoing reforms aimed at improving educational outcomes, equity, and access. Initiatives such as the National Curriculum refresh, which focuses on modernizing the curriculum to better meet the needs of today’s learners, are contributing to the growth of the K-12 market.
The government’s commitment to honoring the Treaty of Waitangi and promoting biculturalism in education are driving the development of bilingual programs, culturally responsive teaching practices, and resources that reflect New Zealand’s diverse population.
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