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Policy Support Leads to a Promising K-12 International School Market

K-12 is the abbreviation for kindergarten through twelfth grade, which refers to the two grades from kindergarten (5-6 years old) to twelfth grade (17-18 years old), which are the two grades at the beginning and end of free education in the United States, Australia and the United Kingdom and Canada, in addition to primary schools (7-12 years old), middle school (12-15 years old), and high school (16-18 years old) between the ages of 6 and 18. K-12 is the international umbrella term for basic education, which is mainly used in North American countries such as the United States and Canada.

With English becoming the most popular language, some parents believe that learning English will open up more opportunities and possibilities for their children\'s future, hence the dominance of English-speaking international schools. In addition, some international schools in other languages are also popular, such as French.

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Global K-12 International Schools Industry Market Analysis and Forecast

According to our research, the Global K-12 International Schools market has a total revenue of 27637.05 M USD back in 2015, and increased to 49115.95 M USD in 2019. We made a series of functional calculation and deduced the past 5 year’s data with scientific model. Finally, we made the prediction that the value of Global K-12 International Schools markets can be 106881.95 MUSD by 2025. The CAGR of Global K-12 International Schools is 13.84% from 2019 to 2025.

Global K-12 International Schools companies are mainly from UK; the industry concentrate rate is low. The top five companies are GEMS Education, Nord Anglia Education, Cognita Schools, Dulwich College International, Yew Chung Education Foundation with the revenue market share of 2.23%, 1.96%, 1.78%, 0.91%, 0.54% in 2019.

Europe was the largest revenue market with a market share of 23.16% in 2015 and 21.28% in 2019, an increase of -1.88%. In 2019, the Middle East & Africa market share was 19.65%, ranking second. In addition, Middle East & Africa Global K-12 International Schools market is expected to be the growing market. Development of economy, increase downstream demand, technology innovation progress in these areas will promote the Global K-12 International Schools market.

Global K-12 International Schools Industry SWOT Analysis

With the development of globalization, the degree of social and cultural exchanges is getting deeper and deeper. The emergence of multinational companies has also made society aware that talents who can respond to multiple cultures will take the initiative in the workplace. Therefore, some parents choose to let their children participate in K-12 international school

education and prepare for studying abroad.

With the emergence of new technologies, international schools tend to accept innovative teaching methods. The new method applies to courses designed and developed by educators in the institution. International schools are using various methods to help students learn through interaction and collaboration. International schools are pioneers in the use of educational technology for teaching. The teaching process includes new technologies such as augmented reality, virtual reality, 3D printing, wearable technology and drones. These technologies can make the classroom lively, attract students\' attention, strengthen classroom interaction, and improve learning efficiency. The introduction of new technologies and concepts has not only enriched the teaching strength of the school, but also strengthened the credibility of international schools. In terms of introducing new technologies and teaching methods, the prevailing belief is that international schools will outperform ordinary schools. This is why international schools are more attractive to parents than ordinary schools. Therefore, the introduction of new technologies and concepts is also one of the driving forces to promote industry progress.

The current low market concentration in this industry means that there are already many international schools in operation, and schools are striving for more market share. Companies that already have loyal customers, mature teams, and a comprehensive understanding of customer needs may be less affected. The school may compete in aspects such as hardware facilities, teaching ability, class size, student experience and feedback and so on. If the newly entrant company does not have certain practical experience, sufficient funds and mature promotion channels, it would be difficult to maintain a firm position in the market.

The policy has a great impact on the industry. Schools are created to cultivate talents to promote social development. Therefore, national policies often pay attention to whether schools perform their functions correctly. Some schools do not meet international school standards. However, it has achieved short-term success due to information inequality and a large amount of induced marketing. In order to combat various bad business practices, the government has issued a series of policies. For example, China recently issued "China Education Modernization 2035", which explicitly prohibits compulsory education schools from recruiting students under the name of "International Department", "International Courses" or "Overseas Classes"; at the same time, schools for children of foreign personnel are not allowed to recruit Chinese students . China\'s measures have raised the threshold for the industry and eliminated a number of unqualified international schools.

Europe, the Middle East and Africa are the largest markets in this industry. Europe, as an established developed country, is at the forefront of the world in terms of spending power and educational philosophy. It pays more attention to children’s education and is willing to pay for a good education. The economy of the Middle East and Africa is in a stage of development, and there is a huge demand for talents. Capable parents hope that their children can grow up in an international and diversified atmosphere from an early age. The huge gap between the rich and the poor may hinder the development of the market in the region, but because the Middle East and Africa’s future economy is very promising, the rich natural resources and cheap labor may promote the economic development of the region and create more parents with the ability to send children to international schools, so the region may bring opportunities for the industry.

Get the complete sample, please click:https://www.globalmarketmonitor.com/reports/762488-k-12-international-schools-market-report.html