Overview:

The Latin America K to 12 education market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Education is the process of learning various skills and acquisition of knowledge. The schools offer curriculum in English and other languages by adopting specific curriculum. These schools help to develop multiple skills in the students and provide multi-cultural education.

Market Dynamics:

Rising investment by key players and increasing merger and acquisition activities in countries in the region are key factors driving growth of the Latin America K-12 education market. For instance: Kroton Educational SA, one of Brazil’s largest companies in education sector has acquired Somos Educacao S.A. for $1.8 billion. In addition, other key factors favoring growth of the target market in the region is poor quality of education in private and local schools, favorable government policies for entry of international schools in the countries, and growing awareness about international education among general population.

Growth in international school and international school enrolment has been observed in recent years. Increasing demand for English language international school among parents is another factor supporting market growth. Additionally, growing income level of middle-class families residing in Argentina, Chile, and Colombia is further supporting the growth of the target market. Rising number of international schools is another key factor fueling the K-12 education market growth. For instance, around 44 schools opened in Colombia within 2010 to 2015.

Key Trend:

Strategic collaborations and partnerships by key players are key trends observed in the global market. For instance, in March 2020, Blackboard Inc. announced a strategic partnership with BeeLine Reader, a company offering technology that makes reading on screen easier for students of all ages and skill levels. In addition, in April 2018, Mcmillan Learning announced partnership with FutureLearn and the University of Southampton.

Scope of the Report:

Detailed Segmentation:

LATAM K-12 Education Market, By Type:

• Public K-12 Education
• Private K-12 Education
• Online K-12 Education

LATAM K-12 Education Market, By Application:

• Pre-primary School
• Primary School
• Middle School
• High School

Key Players Covered:

Key players operating in the market includes, Educomp Solutions Ltd., Next Education India Pvt. Ltd., Blackboard Inc., BenQ Corporation, Cengage Learning, TAL Education Group, IBM Corp., Mcmillan Learning, McGraw-Hill Education, Microsoft Corporation, Arco Platform Ltd., Cogna Education, Pearson Education, FTD Education, and Grupo SM.

Key features of the study:

Foresight Market Research provides detailed analysis on Latin America market in our report- Latin America K to 12 Education Market by type, application, and country. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the Latin America K to 12 education market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.