About Global Education
Education can be defined as the process of acquiring knowledge, skills, and understanding, often through formal instruction but also through informal means like life experiences. and It encompasses a wide range of learning activities, from basic literacy and numeracy to advanced academic studies, vocational training, and lifelong learning. Technology is playing an increasingly prominent role in education, with online learning platforms, adaptive learning tools, and educational apps gaining traction. Education is shifting towards equipping individuals with skills relevant for the 21st-century job market, such as critical thinking, creativity, collaboration, and digital literacy.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Global Education is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Global 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.
Oracle (United States), Microsoft (United States), Adobe systems (United States), Blackboard education group (India), Chegg Inc. (United States), KinderCare Learning Centers LLC (United States), Citrix systems Inc. (United States), Pearson (United Kingdom), Great Oaks Charter Schools (United States), Bright Horizons (United States), Cambridge Institute. (India), Cisco (United States) and Udemy, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are TAL Education Group (China), SAP SE (Germany), Apollo education group (United States), PresenceLearning (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Global Education market by Type (Early Childhood Education (ECE), K-12 Education, Higher Education, Professional Course and Others), Application (Higher Education and Others) and Region.
On the basis of geography, the market of Global Education has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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). If we see Market by Learning, the sub-segment i.e. Simulation Based Learning will boost the Global Education market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Category, the sub-segment i.e. Online will boost the Global Education market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Content, the sub-segment i.e. Text Content will boost the Global Education market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Tailored learning paths and AI-driven adaptive technologies are gaining traction to cater to individual learning styles and needs., Bite-sized, interactive learning modules and gamified learning experiences are engaging learners and making learning more accessible. and The integration of online and offline learning environments, and the rise of online-only institutions, are offering flexibility and accessibility.
Market Growth Drivers:
EdTech is revolutionizing education, with online learning platforms, adaptive learning tools, and AI-powered solutions driving personalized and accessible learning experiences and The demand for STEM skills and adaptable lifelong learners is propelling the focus on skills development and vocational training.
Challenges:
Equipping educators with the skills and resources needed to effectively utilize technology and implement new learning approaches is crucial. and Balancing high-quality education with affordability remains a challenge, particularly in higher education and developing countries.
Restraints:
The increasing reliance on digital platforms makes education vulnerable to cyberattacks, requiring robust security measures. and The rapid automation of jobs necessitates continuous adaptation of educational systems to equip individuals with future-proof skills.
Opportunities:
Developing innovative EdTech solutions and platforms to address specific learning needs and challenges presents immense potential. and Bridging the digital divide and ensuring equitable access to quality education for underserved communities offers significant opportunities.
Market Leaders and their expansionary development strategies
In October 2023, Global Education Holdings, a UK based educational group, announced the acquisition of the Ecole de management Applique (EMA). EMA is Paris based school of Applied Management with specialisations in Law, Economics and Arts. With EMA under its umbrella, GEDU is poised to offer a broader spectrum of high-quality educational programs and services to a wider audience. This strategic move exemplifies GEDU's commitment to continuous growth and excellence in education.
In December 2023, The Population Council announced the official launch of a new global innovation hub for research on education, the Gender, Education, Justice, and Equity Initiative (GEJE).
Key Target Audience
Government Authorities, Research and Development, Investors, Venture Capitalist, Third Party Knowledge Providers and Value Added Resellers (VARs)
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.