Secondary School Global Market Report 2024

Description

A secondary school, also known as a high school or an intermediate school between primary and college or university, usually offers general, technical, and vocational courses. It enables students to develop independent learning abilities, set and achieve goals, and participate more broadly in society.

The primary type of expenditures for secondary school are public and private. Public secondary schools offer free education in a state, province, or nation, with various ownerships such as government, local body, and others, having fee structures for low-income, medium-income, and high-income categories.

The secondary school market research report is one of a series of new reports from The Business Research Company that provides secondary school market statistics, including secondary school industry global market size, regional shares, competitors with a secondary school market share, detailed secondary school market segments, market trends and opportunities, and any further data you may need to thrive in the secondary school industry. This secondary school market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The secondary school market size has grown strongly in recent years. It will grow from $437.06 billion in 2023 to $476.12 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The expansion observed during the historical period can be attributed to population growth and demographics, economic development, government education policies, parental aspirations for education, as well as globalization and competition.

The secondary school market size is expected to see strong growth in the next few years. It will grow to $662.04 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The anticipated growth in the forecast period can be linked to personalized learning approaches, an emphasis on STEM education, global citizenship education, workforce skill development, and inclusive education practices. Key trends expected in the forecast period involve public-private partnerships (PPPs), technology-enhanced learning, technological integration, digital learning integration, and project-based learning.

The secondary school market is experiencing growth owing to the increasing demand for educational services. Educational services encompass training and instruction provided by public or private establishments, including primary and secondary schools. In Australia, student enrollment in schools rose by 0.3% in 2022, with 4,042,512 students. The upward trend in student enrollment is contributing to the demand for educational services, thereby driving the growth of the secondary school market.

Increased spending on education is anticipated to drive the growth of the secondary school market. Education, involving a systematic process of learning in formal institutions, benefits from investments that enhance academic quality, infrastructure, and creative programs. In March 2022, the United States government allocated $76.4 billion to the Department of Education, marking a significant increase. The rise in education spending contributes to the growth of the secondary school market.

Technological advancements are a key trend in the secondary school market, with companies adopting new technologies to enhance their positions. For instance, Edkasa, a Pakistan-based ed-tech platform, launched a mobile application aiming to transform on-demand education for millions of secondary school students. The app includes a preliminary assessment to determine students' needs and provides tailored study routes based on those needs.

The major companies in the secondary school market are focusing on advanced solutions, such as advanced teaching platforms, to better cater to their existing consumers. An advanced teaching platform, exemplified by Extramarks Education's launch of The Teaching App in March 2022, provides tools and resources to enhance the learning and teaching experience. This innovative platform serves school instructors, private teachers, home tutors, and coaching staff, offering benefits such as immersive live classroom teaching experiences, streamlined curriculum organization, exam customization, and dynamic notification personalization.

In May 2022, Inspired Schools, a UK-based co-educational international private school, acquired Eleva Global Schools, a Brazil-based educational institution offering secondary education, for an undisclosed amount. This acquisition expands Inspired Schools' market reach in Brazil, aligning with its dedication to excellence and innovation in education.

Major companies operating in the secondary school market report are University of Pennsylvania, Stanford University, University of Michigan, KinderCare Learning Centers LLC, Harvard University, University of California, Yale University, TAL Education Group, New Oriental Education & Technology Group Inc., The Texas A&M University System, Bright Horizons Family Solutions Limited, Learning Care Group Inc., Adtalem Global Education Inc., Adtalem Global Education Inc., Goodstart Early Learning Ltd., Grand Canyon Education Inc., Primrose Schools Franchising SPE LLC, Perdoceo Education Corporation, Cornell University, GSX Techedu Inc., Mulpha International Bhd, Hailiang Education Group, Walla Walla Public Schools, Little Green Rascals Organic Nurseries Ltd., Tallahassee Classical School LLC, Nobel Learning Communities Inc., Copthall School, Massachusetts Institute of Technology, Columbia University

Asia-Pacific was the largest region in the elementary and secondary school market in 2023. The regions covered in the secondary school market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the secondary school market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The secondary school market includes revenues from school establishments by offering secondary school education to students. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Secondary School Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on secondary school market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
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Where is the largest and fastest growing market for secondary school ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The secondary school market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type Of Expenditure: Public; Private
2) By Ownership: Government; Local Body; Others
3) By Fee Structure: Low-Income; Medium-Income; High-Income
Companies Mentioned: University of Pennsylvania; Stanford University; University of Michigan; KinderCare Learning Centers LLC; Harvard University
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r16001

1. Executive Summary

2. Secondary School Market Characteristics

3. Secondary School Market Trends And Strategies

4. Secondary School Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Secondary School Market Size and Growth

5.1. Global Secondary School Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Secondary School Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Secondary School Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Secondary School Market Segmentation

6.1. Global Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Public
Private
6.2. Global Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Government
Local Body
Others
6.3. Global Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Low-Income
Medium-Income
High-Income

7. Secondary School Market Regional And Country Analysis

7.1. Global Secondary School Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Secondary School Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Secondary School Market

8.1. Asia-Pacific Secondary School Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Secondary School Market

9.1. China Secondary School Market Overview
9.2. China Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Secondary School Market

10.1. India Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Secondary School Market

11.1. Japan Secondary School Market Overview
11.2. Japan Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Secondary School Market

12.1. Australia Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Secondary School Market

13.1. Indonesia Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Secondary School Market

14.1. South Korea Secondary School Market Overview
14.2. South Korea Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Secondary School Market

15.1. Western Europe Secondary School Market Overview
15.2. Western Europe Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Secondary School Market

16.1. UK Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Secondary School Market

17.1. Germany Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Secondary School Market

18.1. France Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Secondary School Market

19.1. Italy Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Secondary School Market

20.1. Spain Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Secondary School Market

21.1. Eastern Europe Secondary School Market Overview
21.2. Eastern Europe Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Secondary School Market

22.1. Russia Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Secondary School Market

23.1. North America Secondary School Market Overview
23.2. North America Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Secondary School Market

24.1. USA Secondary School Market Overview
24.2. USA Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Secondary School Market

25.1. Canada Secondary School Market Overview
25.2. Canada Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Secondary School Market

26.1. South America Secondary School Market Overview
26.2. South America Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Secondary School Market

27.1. Brazil Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Secondary School Market

28.1. Middle East Secondary School Market Overview
28.2. Middle East Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Secondary School Market

29.1. Africa Secondary School Market Overview
29.2. Africa Secondary School Market, Segmentation By Type Of Expenditure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Secondary School Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Secondary School Market, Segmentation By Fee Structure, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Secondary School Market Competitive Landscape And Company Profiles

30.1. Secondary School Market Competitive Landscape
30.2. Secondary School Market Company Profiles
- 30.2.1. University of Pennsylvania
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Stanford University
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. University of Michigan
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. KinderCare Learning Centers LLC
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Harvard University
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Secondary School Market Other Major And Innovative Companies

31.1. University of California
31.2. Yale University
31.3. TAL Education Group
31.4. New Oriental Education & Technology Group Inc.
31.5. The Texas A&M University System
31.6. Bright Horizons Family Solutions Limited
31.7. Learning Care Group Inc.
31.8. Adtalem Global Education Inc.
31.9. Adtalem Global Education Inc.
31.10. Goodstart Early Learning Ltd.
31.11. Grand Canyon Education Inc.
31.12. Primrose Schools Franchising SPE LLC
31.13. Perdoceo Education Corporation
31.14. Cornell University
31.15. GSX Techedu Inc

32. Global Secondary School Market Competitive Benchmarking

33. Global Secondary School Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Secondary School Market

35. Secondary School Market Future Outlook and Potential Analysis

35.1 Secondary School Market In 2028 - Countries Offering Most New Opportunities
35.2 Secondary School Market In 2028 - Segments Offering Most New Opportunities
35.3 Secondary School Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer