The global K-12 International Schools market size is expected to grow at a CAGR of 10.26% from 2021 to 2028. This growth is attributed to several macro and micro economic factors such as
The increasing number of expatriate families
The increasing number of expatriate families is one of the key drivers of the growth of the K-12 international schools market. Expatriate families are those who live outside of their home country for work or other reasons. They often have children who need to attend school, and they may choose to send their children to an international school so that they can continue their education in their home country’s curriculum.
There are a number of reasons why the number of expatriate families is increasing. One reason is the globalization of the economy. More and more businesses are operating in multiple countries, which means that they need employees who are willing to move around. This is creating a demand for expatriate families, as these families are often needed to fill these positions. Another factor for the increasing number of expatriate families is the rise of the digital nomad lifestyle. Digital nomads are people who work remotely and can live anywhere in the world. This lifestyle is becoming increasingly popular, and it is creating a demand for international schools in countries where digital nomads tend to live.
The increasing number of expatriate families is a major driver of the growth of the K-12 international schools market. As the number of expatriate families continues to grow, the demand for international schools is also likely to grow. This is good news for the international schools market, as it means that there is a growing demand for their services.
According to the study, the number of expatriate workers is expected to reach 280 million by 2025. The Asia-Pacific region is expected to be the fastest-growing region for expatriate workers, with a growth rate of 10% from 2020 to 2025. The Middle East and Africa are also expected to see significant growth in the expatriate population, with growth rates of 7% and 6%, respectively.
These statistics suggest that the demand for international schools is likely to continue to grow in the years to come. As more and more families move around the world, they will need schools that can provide their children with an education that is aligned with their home country’s curriculum. This is where international schools come in. They offer a unique blend of academic excellence and cultural immersion, and they are well-positioned to meet the needs of expatriate families.
The rising awareness of the importance of quality education
The rising awareness of the importance of quality education is another key driver of the growth of the K-12 international schools market. Parents are increasingly aware of the importance of providing their children with a quality education, and they are willing to invest in this. This is leading them to seek out international schools that offer a rigorous curriculum and a diverse student body.
One of the key factor for growing importance of quality education include the increasing competition in the job market. In today’s economy, a good education is essential for getting a good job. This is leading parents to seek out schools that can give their children the best possible chance of success. In today’s globalized world, it is more important than ever for children to be able to think critically and solve problems. This is something that is taught in many international schools, and it is one of the reasons why parents are choosing to send their children to these schools.
The rising awareness of the importance of quality education is a major driver of the growth of the K-12 international schools market. As parents become more aware of the importance of a good education, they are likely to continue to invest in international schools. This is good news for the international schools market, as it means that there is a growing demand for their services.
According to the study, a recent survey found that 80% of parents believe that quality education is essential for their children’s future success. The global market for educational services is expected to reach $1.5 trillion by 2025. The Asia-Pacific region is expected to be the fastest-growing region for educational services, with a growth rate of 12% from 2020 to 2025.
These statistics suggest that the demand for quality education is likely to continue to grow in the years to come. As parents become more aware of the importance of a good education, they are likely to continue to invest in their children’s education. This is good news for the international schools market, as it means that there is a growing demand for their services.
Collaborations and Alliances in the K-12 International Schools market is expected to generate higher avenues during the forecast period.
The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the K-12 International Schools market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers to adopt various strategies to stabilize the company.
In terms of COVID 19 impact, the K-12 International Schools market report also includes following data points:
- Impact on K-12 International Schools market size
- End User Trend, Preferences and Budget Impact
- Regulatory Framework/Government Policies
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in K-12 International Schools market
Key Insight in the report:
The global K-12 International Schools market report covers executive summary, market dynamics, COVID impact & post COVID scenario, market size and forecast, competitive intelligence, market positioning, and product offerings.
Our report covers extensive competitive intelligence which include following data points:
- Business Overview
- Business Segment Data
- Financial Data
- Product Segment Analysis and Specification
- Recent Development and Company Strategy Analysis
- SWOT Analysis
The report covers market sizing and forecasting at the country level as well as at the segment level. K-12 International Schools market is analyzed across below-mentioned different segments:
- Product Type
- English Language International School
- Other Language International School
- Application
- Pre-primary School
- Primary School
- Middle Schools
- High School
K-12 International Schools market is also analyzed across below-mentioned regions/countries:
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- South America
- Middle East & Africa
Some of key players in K-12 International Schools market include:
- COGNITA SCHOOLS
- MAPLE LEAF EDUCATIONAL SYSTEMS
- MAPLE LEAF EDUCATIONAL SYSTEMS
- NORD ANGLIA EDUCATION
- ACS INTERNATIONAL SCHOOLS
- BRAEBURN SCHOOLS
- DULWICH COLLEGE INTERNATIONAL
- ESOL EDUCATION
- HARROW INTERNATIONAL SCHOOLS
- WELLINGTON COLLEGE
REPORT CONTENT BRIEF:
- High level analysis of the current and future market trends and opportunities
- Detailed analysis on current market drivers, restraining factors, and opportunities in the future
- K-12 International Schools market estimates for 2020 and forecast from 2021 to 2028
- Vendor market share analysis at each product level
- Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations and partnerships as well as funding taken and investment done, among others.
Target Audience
- Manufacturers
- Suppliers and traders
- Government, associations, and industrial bodies
- Investors and trade experts
- Consulting Firms or Individual Consultant
- Anyone interested in understanding industry dynamic of K-12 International Schools market
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