K-12 Education Companies (2024 - 2029)

K-12 Education Market Companies Summary

The K-12 education market is witnessing a significant surge due to the increasing popularity of online education. This growth is driven by the benefits of digital learning platforms, such as providing students with valuable and video-based content for a better understanding of subjects. Several multinational software firms are partnering with education ministries worldwide to provide schools with digital curriculum, training, and certification. Such initiatives show the growing adoption of software tool-based education in K-12 institutions and are expected to drive market growth. The market has seen collaborations among vendors to increase their capabilities and support market growth. For instance, providers of open-source learning management systems in developed countries have partnered with creators of virtual classroom software to offer education-first virtual classrooms for government K-12 education institutions. This shows the demand for learning management solutions in public schools, expected to fuel the K-12 education market. Additionally, public schools in developed countries are offering training on digital literacy for students and offering the infrastructure needed for online learning, which could positively impact the growth of the K-12 education market.