The Service Segment held the Largest Share of the UK Education Market in 2022
The UK Education Market size was estimated at USD 303 billion in 2023 and is anticipated to reach around USD 510 billion by 2032, growing at a CAGR of roughly 15% between 2023 and 2032.
CMI research report offers a 360-degree view of the UK Education market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the UK Education market.
UK Education Market: Overview
The Report on the Education Sector in the UK thoroughly examines the expansion of the education industry. The paper examines, among other things, market patterns and the difficulties brought on by the world economy’s recession. Globalization and rising urbanization have been the UK education industry’s key drivers.
The paper also sheds insight into current market trends and problems that account for shifts in demand. It examines the UK market in light of industry growth trends. The report also examines how the major stakeholders in the UK education sector perform and operate.
Browse the full “UK Education Market Size, Trends and Insights By Component (Solutions, Services), By Type (Pre-K, K-12, Higher Education, Corporate), and By Region – Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032″ report at https://www.custommarketinsights.com/report/uk-education-market/
Growth Factors
Students can work on authentic projects they are passionate about due to project-based learning. It offers students the chance to put what they have learned into practice while also teaching them new skills.
It has been demonstrated that project-based learning is a powerful tool for teaching pupils how to think critically and retain information. Because they are working on a project that is pertinent to their interests, it is also an excellent way to engage kids in the learning process.
Segmental Overview
Given that education is a crucial component of the public sector, both governmental and commercial enterprises need information and analysis on the market.
CMI reports can help you adjust to the changing educational environment as government initiatives, and technological breakthroughs continue to change the sector. Data on pre-K and K–12, colleges and universities, books and materials, general and special education, technology in education, e-learning, and more.
We offer insights into trends, developments, projections, and opportunities across the whole market in our comprehensive collection of research studies on education. The size, growth, and market share of the UK and international education markets are all detailed in the reports.
Our comprehensive reports can be used by business experts to create marketing and business plans as well as to recognize and follow UK trends in education. You can use these papers to assist with market research into the education sector.
The market for UK Education is segmented into components and types. Based on components, the UK education market is bifurcated into solutions and services. The service segment is estimated to lead the market in 2022.
The process of incorporating game-like aspects in a context that is not a game, such as a classroom, is known as gamification. This can include items like badges, leaderboards, levels, and points. Gamification has been proven to be a successful strategy for inspiring pupils and piquing their interest in the subject matter. Additionally, it can aid pupils in learning new ideas more quickly and remembering information longer.
Report Scope
| Feature of the Report | Details |
| Market Size in 2023 | USD 303 Billion |
| Projected Market Size in 2032 | USD 510 Billion |
| Market Size in 2022 | USD 280 Billion |
| CAGR Growth Rate | 15% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Component, Type, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Competitive Landscape/ Key Players Insights
Technology advancements are a major trend that is becoming more and more popular in the UK Education sector. To maintain their place in the market, major UK Education firms are utilizing innovative interactive technologies.
- 2023: The UK Government has announced a £500 million boost for initiatives to make English schools and colleges more energy efficient this year. Still, climate charity Ashden claims that this amount is insufficient to address the problem effectively.
Some of the prominent players
- Oracle
- SAP
- Dell Technologies
- Xerox
- Blackboard, Inc.
- VMware
- ServiceNow
- Others
The UK Education market is segmented as follows:
By Component
- Solutions
- Services
By Type
- Pre-K
- K-12
- Higher Education
- Corporate