Increasing Internationalization And Student Mobility To Boost Global K-12 International Schools Market
MarketResearchReports.biz has announced addition of new report “Global K-12 International Schools Market 2016-2020” to its database.
Albany, United States – October 28, 2016 /MarketersMedia/ —
The report, titled ‘Global K-12 International Schools Market 2016-2020’ provides an extensive analysis of the global K-12 international schools market. Market dynamics such as drivers, trends, restraints, and investment opportunities have also been studied in detail in this study. The growth prospects in this market and its overall landscape have also been encapsulated under this report. The main vendors dominant in the market have been evaluated on the basis of their product introductions, strengths, and weaknesses.
The first part of the report presents the market overview and provides an introduction to the overall K-12 international schools market. International schools refer to the types of schools that promote education by the implementation of an international curriculum or by adopting a national curriculum that isn’t similar to the one adopted by the national curriculum of that school.
The global K-12 international schools market is predicted to rise at a CAGR of over 7.0% from 2016 to 2020. The increasing internationalization and student mobility have come up as key factors driving the overall growth of this market. In addition, numerous scholarships and enhancements in career opportunities in nations such as Australia, Canada, the UK, and the U.S. have also allured a number of students to opt for higher education abroad, thus positively impacting market growth. Furthermore, the growing requirement to have fluency in nation-specific languages and to attain knowledge on western learning style will boost the count of students taking admissions in international schools, thus providing impetus to the development of the market.
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The increasing employment of educational technology within international schools and the increasing importance given to educators’ professional development are the prime trends seen in the global K-12 international schools market. On the other hand, the report opines that there are some factors that may work against the development of the K-12 international schools market. These include dearth of quality teachers, presence of strict government regulations, and issues taking place in the UK owing to Brexit.
The segmentation of the market comes next in the report. The market has been segmented in terms of curricula and geography. On the basis of curricula, the report segments the market into British curriculum, American curriculum, and International Baccalaureate (IB) curriculum. Of these, British curriculum held a share of around 33% in 2015. This is owing to the rising acceptance of British curriculum in top global institutions to pursue undergraduate courses. In addition, the growing UK chains such as Dulwich College, Shrewsbury, and Harrow in developing regions will provide impetus to the growth of this segment.
By geography, the report categorizes the market into Europe, the Americas, Asia Pacific (APAC), and the Middle East and Africa (MEA). Amongst these, APAC is predicted to lead the market for K-12 international schools all through the forecast horizon. This is due to the growing inclination amongst parents in APAC toward getting their children enrolled in schools presenting international curricula. In addition, the rising disposable income of individuals residing in this region will positively impact the growth of the APAC K-12 international schools market.
The prominent vendors in the market are Nord Anglia Education, GEMS Education, Cognita Schools, Maple Leaf Educational Systems, and Esol Education, among others, as per this study.
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