Market revenue in 2023 | USD 19,649.1 million |
Market revenue in 2030 | USD 48,828.0 million |
Growth rate | 13.9% (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 49.69% in 2023. Horizon Databook has segmented the South Africa 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 South African government has implemented various educational reforms aimed at improving access, equity, and quality in the K-12 sector. Initiatives such as the National Development Plan (NDP) 2030 and the Education Sector Plan focus on improving educational outcomes, reducing inequality, and enhancing teacher training, which are key drivers of market growth.
Furthermore, the growing integration of EdTech in schools is accelerating the K-12 education market in South Africa. The government and private sector are investing in digital learning platforms, e-learning resources, and smart classrooms.
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