What is Education Market?
Education refers to a practice of facilitating learning through knowledge, skills, ethics, beliefs and certain habits. Education is never ending market, increasing educational infrastructure, awareness and spending on education, growing demand of online education and government initiatives in educational sector would drive the market in the long standing. Number of private players in education market increased in last few years.
The market study is being classified by Type (Private education, Public education and Others), by Application (K-12 education, Higher education and Others) and major geographies with country level break-up.
American Public Education (United States), Capella Education Company (United States), Bridgepoint Education (United States), KAPLAN (United States), Grand Canyon Education (United States), K12 Inc. (United States), KNEWTON (United States), Lincoln Educational Services Corporation (United States), Dubai International Academy (United Arab), GEMS Education (United Arab) and Higher Colleges of Technology (United Arab) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Taaleem (United Arab), United Arab Emirates University (United Arab) and Zayed University (United Arab).
Education market is fragmented but still it is expected to grow utmost in the long standing. Education is the second highest market after healthcare and expected to grow further. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Education market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Education market by Type, Application and Region.
On the basis of geography, the market of 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Educational Infrastructure in Emerging Economies
- Growing Demand of ICT and E- Learning Techniques
Market Trend
- Increasing Adoption of Early Childhood Education
Restraints
- Stringent Government Regulations
Opportunities
- Increasing Awareness about Higher Education
- Increasing Number of Private Tutorials
- Technological Advancement and Government Initiatives
Challenges
Key Target Audience
Educational Institutes, Government Bodies, Research and consulting firm and Others