About Private Education
Private Education is known as education provided by a private organization or individual. It provides high-quality education services which lead to empowering parents, students, and communities. The private education system emphasizes extra-curricular activities which help in the development of self-confidence in the youngsters and life skills such as teamwork and leadership.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global Private Education market is fragmented with the presence of various players. It is offering a wide range of services such as online, e-learning, and private one-on-one tuition. Private education companies are investing in the launch and enchantment of the learning process. The player is also participating in strategic activities like mergers and acquisitions to enhance their market presence. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Private Education market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bright Horizons (United States), Chegg Inc. (United States), Great Oaks Charter Schools (United States), KinderCare Learning Centers LLC (United States), Udemy, Inc. (United States), Cambridge Institute. (India), PresenceLearning (United States), TAL Education Group (China), Perdoceo Education Corporation (United States), Gaotu Techedu Inc.( China), GOSTUDENT LTD (Austria), Corporate Governance Institute.(Ireland), Meten EdTechX Education Group (China) and First High-School Education Group Co., Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Private Education market by Type (Private Schools, Private Colleges, Boarding Schools, Private tutoring and Others), Application (Skill Development, Corporate Training and Others) and Region.
On the basis of geography, the market of Private Education has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by End Users, the sub-segment i.e. Teenagers will boost the Private Education market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Online channel will boost the Private Education market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancements of Digital Technologies in Private Education Providing New and Innovation Ways to Support The Learning Process
Market Growth Drivers:
Growing need for a safe learning Environment, Smart Classes, and Infrastructure among the individual and The increasing number of students in every field in the developing countries
Challenges:
Stiff Competition in Private Education Market with the Presence of Number of Players
Restraints:
High Cost of Technology Services, Equipment, and Infrastructure Designed hindering the Private Education Market
Opportunities:
Growing Awareness about Importance of Education in The Developing Countries Creating an Opportunities For Private Education Market
Market Leaders and their expansionary development strategies
On June 1, 2021, First High-School Education Group Co., Ltd. the largest operator of private high schools in Western China and third-largest operator in China, announced the acquisition of 51% equity interests in Beijing Tomorrow Future Plus Education Technology Co., Ltd, a technology-driven education company, for consideration of RMB76.5 million from an original shareholder that was controlled by a related party of the Company. The transaction was closed in late May 2021.
On August 05, 2021, Meten EdtechX Education Group Ltd., one of the leading omnichannel English language training service providers in China, announced that the Company plans to start providing online adult overseas higher education services in the Fall of 2021. Enrolment for the Services will first start in Beijing, Guangzhou, Shenzhen, Chengdu, Chongqing, Foshan, Wuhan, and Nanjing, and will be expanded throughout China in the Spring of 2022.
“Independent schools are subject to government regulation as set out in the statutory framework for independent schools. This is laid down in Part 4 of the Education and Skills Act 2008. Independent schools must be registered with the Department for Education (DfE) and can be closed down by removal from the register if they are found not to be providing satisfactory education. As the registration authority, the DfE also has the power to require a registered independent school to be inspected. Independent schools are not required to have a governing body, although most do.”
Key Target Audience
Private Education Service Providers, Private Education Industry Associations, Research and Development Institutes, Private Education Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.