North America K-12 Education Market Size & Outlook
North America k-12 education market, 2017-2030 (US$M)
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North America k-12 education market highlights
- The North America k-12 education market generated a revenue of USD 910,366.0 million in 2023.
- The market is expected to grow at a CAGR of 11.2% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 910,366.0 million |
| Market revenue in 2030 | USD 1,919,578.3 million |
| Growth rate | 11.2% (CAGR from 2023 to 2030) |
| Largest segment | High school (9-12) |
| Fastest growing segment | Middle School (6-8) |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 36.5% of the global k-12 education market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,666,399.8 million by 2030.
High school (9-12) was the largest segment with a revenue share of 46.24% in 2023. Horizon Databook has segmented the North America 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 regional market is driven by factors such as the increased use of EdTech solutions, government initiatives and funding, and the high pace of digital transformation in the region. In addition, there is a growing emphasis on Science, Technology, Engineering, and Mathematics (STEM) education to prepare K-12 students for the future job market.
Initiatives aimed at improving STEM literacy and encouraging students to pursue careers in these fields are driving the demand for specialized curricula and resources. Moreover, the region has seen a surge in the use of EdTech solutions including Learning Management Systems (LMS), educational software, and interactive digital content.
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K-12 Education Market Scope
K-12 Education Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America k-12 education market size, by country, 2017-2030 (US$M)
North America K-12 Education Market Outlook Share, 2023 & 2030 (US$M)
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