Early Childhood Education Market Reaches USD at 13.5% CAGR

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Dallas, Texas, Aug. 26, 2022 (GLOBE NEWSWIRE) — By 2022, early childhood education market It was worth about US$248 billion. By 2029, the market is projected to increase at a CAGR of 13.5% to be worth over US$486 billion.
Growing state and federal interest in expanding the number of educational programs and improving the quality of education provided in primary education throughout the forecast period will be a major driver of the expansion of the global early childhood education market. . A child’s emotional, social, physical, and cognitive needs are improved through a variety of interactions and activities in early childhood education, helping to provide a solid and complete foundation for lifelong learning and well-being. In addition, it helps improve children’s behavior before entering primary school.
A variety of educational courses and foundational skills programs are available in early childhood education for children up to the age of eight. Over the last few years, many edtech companies have released different educational programs based on the children’s age groups. Early childhood programs adapt to linguistic, cultural, family and economic diversity and enhance children’s learning and comprehension skills. The global early childhood education market has been expanding gradually over the last few years. According to forecast analysis, the market growth rate is projected to increase slightly over the forecast period. The prevalence of virtual classrooms, the trend towards digitization, and the adoption of cutting-edge teaching methods in educational institutions are likely boosting the global early childhood education market.
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Educational and recreational programs that can help children improve their mental health throughout the first four months to six years of school are considered early childhood educational practices. This early childhood education also includes preschool and childcare facilities that offer day care, playgroups, crèche and kindergarten (LKG/UKG) programmes. Simply put, early childhood education teaches children a basic way of life and prepares them for primary school and beyond. The primary goal of this program is to enable children to participate in a welcoming, safe, nurturing and enriching environment.
Implementing early childhood education includes enabling children to understand the academic foundations in a more creative and approachable way. Children under the age of three benefit from early childhood education by learning proper ways to eat, walk, share and other life skills. For example, in August 2018, Virginia-based school management company K12 Inc. made a strategic investment in the Tallo platform (previously known as his STEM Premier). The organization’s primary goal when making the investment was to enhance employee talent and grow its online education community.
The early childhood education segment led the early childhood education market in 2021 with over 65% market share. Early childhood institutions have a primary duty to support the development of children’s character. Early childhood education helps children enter primary school effectively, reduces the risk of mental health problems, improves a child’s independence, and reduces the likelihood of future social and emotional health concerns. reduce.
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Global Early Childhood Education Market Scope:
index | detail |
study period | 2019-2029 |
Market size in 2029 | US$486 billion |
Target segment | By type, application, region |
By type | distance education, early childhood education school |
Target application | 5-8 years old, 3-5 years old, under 3 years old |
Target area | North America, Europe, Asia Pacific, Middle East & Africa, South America |
Key Player Profiles | Ambow Education Holding, Blossom Educational, Tadpoles, USDA, Scoyo, Ambow Education Holding, Cake Child Care Ltd., Organization Technologies, Kindertales, and New Oriental Education & Technology, etc. |
North America currently dominates the global market for early childhood education due to the growing importance of early childhood education throughout a child’s formative years. Moreover, increasing disposable income is expected to boost the expansion of the market in the North America region. Early childhood education is in high demand in North America as a result of working couples who do not have time to teach their children at home.
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Main points of the table of contents:
1.First of all
2. Survey method
3. Market Outlook
4. Global Early Childhood Education Market by Type, 2021-2028 (USD Billion)
5. Global Early Childhood Education Market by Application, 2021-2028 (USD Billion)
6. Global Early Childhood Education Market by Region, 2021-2028 (USD Billion)
7. Competitive environment
8. Company profile
9. Appendix
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