Global Edutainment Market

Game-based learning is a teaching method that takes advantage of the power of games to define and support learning outcomes. The main components of game-based learning include solutions and services. The solution segment consists of sales of game-based learning solutions by entities (organizations, sole traders, and partnerships) that provide solutions for engaging the learners. Game-based learning solutions help the users to understand the content better and improve their overall performance of the users. It enhances the problem-solving, risk-taking, decision-making, and analytical thinking of the learners. The deployment modes used in game-based learning solutions and services include cloud and on-premise and games provided include AR VR games, AI-based games, location-based games, assessment, and evaluation games, training, knowledge, and skill-based games, language learning games, and others. The end users of game-based learning solutions and services include consumers, education, government, and enterprises. The game-based learning market research report is one of a series of new reports from The Business Research Company that provides game-based learning market statistics, including game-based learning industry global market size, regional shares, competitors with a game-based learning market share, detailed game based learning market segments, market trends and opportunities, and any further data you may need to thrive in the game-based learning industry. This game-based learning market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global game based learning market size grew from $11.74 billion in 2022 to $14.55 billion in 2023 at a compound annual growth rate (CAGR) of 23.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The game based learning market size is expected to grow to $35.11 billion in 2027 at a CAGR of 24.6%. The rising focus on personalized learning is expected to propel the growth of the game-based learning market. Personalized learning is the process of customizing the learning according to the needs, interests, strengths, and skills of a student. The tasks are tailored as per the abilities and interests of the learners, which will shift responsibility for learning to the learner. Game-based personalized learning helps in enhancing the learning experiences in a more timely and proficient manner. It simulates the real-world experiences and applications for the facilitators and learners. For instance, according to the economic times, an Indian business-focused daily newspaper, in 2021, the private equity investments in EdTech companies focusing on personalized learning valued at around USD 5 billion. Therefore, the growing focus on personalized learning is driving the growth of the game-based learning market. Strategic partnerships and collaborations between companies are a key trend gaining popularity in the game-based learning market. Major players operating in the market are partnering and collaborating to develop and offer innovative services. For instance, in December 2021, Microsoft India collaborated with WhiteHat Jr for providing an immersive and personalized learning experience to teachers and students through game-based learning. The new Code with Minecraft program includes a highly curated curriculum, which provides an opportunity for the students to master the coding concepts. In March 2021, Axonify, a Canada-based provider of training and communications solutions, acquired MLevel, a US-based digital learning platform involved in offering 360° learning experience to enterprise clients, for an undisclosed amount. Through this acquisition, Axonify aims at strengthening its complementary capabilities and driving the future of modern learning. Major players in the game based learning market are BreakAway games, Gamelearn, Recurrence Inc., StratBeans Consulting, Simulearn, Playgen, Fundamentor, Kuato Studios, G-Cube, Hornbill FX, MLevel, Gametize, LearningWare, Inc., Indusgeeks, Growth Engineering, MAK Technologies, Lumos Labs, Games2Train, SCVNGR, Will Interactive, LearningWare, Kahoot, Frontier Developments, Minecraft, Spin Master, Schell Games, Tangible Play, Raptivity, Banzai Labs, Cognitive Toybox, and Idnusgeeks. North America was the largest region in the game-based learning market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the game based learning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the game based learning market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The game-based learning market includes revenues earned by entities by providing game-based learning solutions for engaging the learners. Game-based learning refers to embedding the gaming principles within learning activities to improve the users' motivation and engagement. The components involved in game-based learning include badges, points systems, leader boards, quizzes, classroom response systems, and discussion boards. Game-based learning is using active learning techniques through various games to enhance student learning. The user gains knowledge by playing the game, improving problem-solving and critical thinking skills. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The global game based learning market is segmented - 1) By Component: Solution, Services 2) By Deployment Mode: Cloud, On-Premise 3) By Game Type: AR VR Games, AI-based Games, Location-based Games, Assessment and Evaluation Games, Training, Knowledge and Skill-based Games, Language Learning Games, Other Game Types 4) By End User: Consumer, Education, Government, Enterprises

Augmented reality (AR) is a digitally augmented representation of the real physical environment created by using digital visual components, music, or other sensory stimulation given via technology used for training and education. The main category of augmented reality in training and education are primary and secondary education, test preparation, reskilling and certifications, higher education, language, and other learnings. Reskilling is the process of learning new skills or training people to do a different job. The various devices used include classroom projectors, smartphones, laptops, and others that are used for higher education and K-12. The augmented reality in the training and education market research report is one of a series of new reports from The Business Research Company that provides augmented reality in the training and education market statistics, including augmented reality in the training and education industry global market size, regional shares, competitors with augmented reality in the training and education market share, detailed augmented reality in the training and education market segments, market trends and opportunities, and any further data you may need to thrive in the augmented reality in the training and education industry. This augmented reality in the training and education 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 global augmented reality in training and education market size will grow from $10.58 billion in 2022 to $17.5 billion in 2023 at a compound annual growth rate (CAGR) of 65.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global augmented reality in training and education market size is expected to grow to $99.27 billion in 2027 at a CAGR of 54.3%. The implementation of augmented reality (AR) technology in institutions is driving the market. Technology is changing education in many ways but this newer advanced technology of augmented reality (AR) is improving the learning environment. More schools and colleges are adopting AR technology to keep students actively engaged and experience learning instead of just reading and looking at pictures. For instance, the ZSpace application allows students to study the human heart and different layers of the earth’s atmosphere more effectively. Riverside Technologies, Inc. says that AR technology helps students to experience the simulation. The multiple benefits of AR technology are helping students in numerous ways encouraging the adoption of advanced technologies by schools and colleges in improving the learning environment. Ineffective classroom integration is slowing down the growth of augmented reality in the training and education market. Augmented reality is a newer advanced technology that has a lot of advantages for effective learning, but like every technology augmented reality is facing issues too in the market. The shape and size of the classroom, lack of skills to integrate the education and training curriculum with AR, and difficulty to interact through the interface to view the lessons or subject, continue to hamper the integration of augmented reality in the classrooms. Augmented reality game-based learning is the latest trend in the augmented reality in the training and education market. The combination of games and technology is helping students to perform various activities to gain knowledge/skills. For instance, the Europass Teacher Academy, a provider of professional development courses, says that schools are adopting the augmented reality to help students gain knowledge, acquire various skills by playing games, and experience reality through augmented reality. Teachers and educators are playing an important role to make students involved in different kinds of gaming activities in the learning process to educate students. Gamifying the academic materials intrigue the students and they are eagerly participating and role-playing in the learning process. The augmented reality technology through game-based learning is personally customized, socially constructed, and also extends beyond the classroom, which is helping students to gain knowledge and acquire various learning skills. In September 2020, The Glimpse Group Inc., a US-based immersive technology platform company acquired the assets of XR Terra for an undisclosed sum. The acquisition enables business synergies for both companies to provide Glimpse products to enterprise customers. XR Terra is a US-based provider of VR & AR software development and design training courses. Major players in the augmented reality in training and education market are Google Expeditions Pioneer Program., zSpace, Magic Leap, Alchemy VR, Unimersiv, GAMOOZ, Meta Company, DAQRI, InGage, Popar, Chromville, NEXT/NOW, VironIT, Groove Jones, HQSoftware, INDE, Augment, Metagram, Fishermen Labs, Program-Ace, Apptension, Transition Technologies PSC, Quytech, Craftars, Appentus Technologies, BidOn Games Studio, Mofables, Cortex, ScienceSoft and Gravity Jack and Queppelin. Asia-Pacific was the largest region in the augmented reality in training and education market in 2022. North America was the second largest region of the global augmented reality in training and education market. The regions covered in the global augmented reality in training and education market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the augmented reality in training and education market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The augmented reality in training and education market includes revenues earned by entities by offering software for education and training purposes that can be used in education/training to help the students, and corporate employees to equip them with the knowledge or acquire skills by experiencing and interacting with different forms of reality, simulation, games, and others. Augmented reality provides an interactive experience of the real-world environment by integrating digital visual content and audio into the real-world environment. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The global augmented reality in training and education market is segmented - 1) By Category: Primary and Secondary Education, Test Preparation, Reskilling and Certifications, Higher Education, Language and Other Learnings 2) By Device: Classroom Projectors, Smartphones, Laptops, Other Devices 3) By End User: Higher Education, K-12

Virtual reality (VR) is an artificial environment created with software that is presented to the user so that the user stops believing and accepts it as a real environment. The main components of virtual reality in education are hardware, software, and solutions. The hardware component of VR in education involves devices used to project virtual reality content such as head-mounted displays, VR headsets, and projectors. Virtual reality in education can be deployed in the cloud, on-premises, and is applied in areas including residential, academic, and training institutions, among others. The virtual reality in education market research report is one of a series of new reports from The Business Research Company that provides virtual reality in education market statistics, including virtual reality in education industry global market size, regional shares, competitors with virtual reality in education market share, detailed virtual reality in education market segments, market trends and opportunities, and any further data you may need to thrive in the virtual reality in the education industry. This virtual reality in education 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 global virtual reality in education market size grew from $8.67 billion in 2022 to $11.95 billion in 2023 at a compound annual growth rate (CAGR) of 37.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The virtual reality in education market size is expected to grow to $46.14 billion in 2027 at a CAGR of 40.2%. The increasing internet penetration will drive the growth of virtual reality in the education market during the forecast period. The internet plays a crucial role in people's lives today as a large portion of the population's lives are immersed in digital technology. The internet has become an effective platform for conducting virtual courses due to its consistent interface, lower connection cost, and universal appeal. For instance, according to the Internet World Stats report, global internet users reached 5.1 billion as of March 2021. Furthermore, according to the Techjury report, the global E-learning sector is expected to reach $325 Billion by 2021. Therefore, the increasing internet penetration propels the growth of virtual reality in the education market. The development of Augmented Reality (AR) applications by leveraging the upcoming 5G technology is shaping virtual reality in the education market. With its high-speed network, 5G provides hands-on experience and helps access apps easily, whereas 4G technology struggles with the use of Virtual or Augmented Reality in educational applications. These robot applications help children to solve learning issues, allowing them to get an education from the comfort of their own homes while also allowing them to access cloud-based material more quickly. For instance, in March 2021, Fisk University, HTC VIVE, T-Mobile, and VictoryXR partnered to launch the first-ever interactive 5 G-enabled VR human cadaver lab for learning delivery to pre-med and biology-related majors. In August 2021, Byju's, an India-based multinational educational technology company acquired Whodat Tech Private Limited for an undisclosed amount. Through this acquisition, Byju aims to expand its portfolio of education products in virtual reality. Whodat Tech Private Limited is an India-based augmented reality solution and virtual reality solution. Major players in the virtual reality in education market are Google, Microsoft Corporation, Facebook Technologies LLC, IBM Corporation, HTC Corporation, Unimersiv, Samsung, Lenovo Group Limited, Sony Corporation, Alchemy Immersive, Avantis Systems Ltd., Veative Labs Pvt. Ltd., VR Education Holdings, Cyberith, Sixense Enterprises Inc., Vuzix, and Schell Games. North America was the largest region in the virtual reality in education market in 2022. The regions covered in the virtual reality in education market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the virtual reality in education market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The virtual reality in the education market includes revenues earned by entities offering hardware and software in the education industry that have the potential to transform the theoretical aspects in books to reality using virtual reality features. Virtual reality is a computed-enabled simulation that is presented using projectors and computer programming. Virtual reality in education is being applied in all levels of education today including K-12, higher education, and vocational training. TValues in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. 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. The global virtual reality in education market is segmented - 1) By Component: Hardware, Solutions and Software 2) By Deployment: Cloud, On-Premises 3) By Application: Residential, Academic And Training Institutions, Other Applications

Learning management system (LMS) refers to a software application or web-based platform which is used to design, execute, and evaluate a learning procedure. It is a comprehensive online platform for developing, distributing, monitoring, and reporting educational content and results. It can be utilised to support both conventional face-to-face training and environments for blended/ hybrid, and online learning. The main types of components in learning management system (LMS) are solutions and services. Learning management system (LMS) services include strategy development, design, development, and support, which are enabled and used as needed by the LMS. The different delivery modes include distance learning, instructure LED training, blended training and is deployed in various modes such as cloud, on-premises. It is implemented in several verticals, such as academic and corporate. The learning management system (LMS) market research report is one of a series of new reports from The Business Research Company that provides learning management system (LMS) market statistics, including learning management system (LMS) industry global market size, regional shares, competitors with a learning management system (LMS) market share, detailed learning management system (LMS) market segments, market trends and opportunities, and any further data you may need to thrive in the learning management system (LMS) industry. This learning management system (LMS) 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 global learning management system (LMS) market size grew from $15.64 billion in 2022 to $18.09 billion in 2023 at a compound annual growth rate (CAGR) of 15.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The learning management system (LMS) market size is expected to grow to $33.3 billion in 2027 at a CAGR of 16.5%. The increase in adoption of e-learning is expected to drive the growth of learning management system (LMS) market in the coming years. E-learning is a learning approach that is based on formalised instruction but uses digital tools. Due to the COVID-19 pandemic, many schools, colleges, and universities were forced to close in order to contain the virus. As a result, education systems embraced e-learning to assist students study from a distance during the epidemic. For instance, according to the Online Learning Statistics report in 2021, mobile e-learning reached $38 billion in 2020, and e-learning platform has been used by 80% of businesses and 50% of institutional students. Therefore, the increasing adoption of e-learning propels the growth of the learning management system (LMS) market. The use of artificial intelligence is a key trend gaining the popularity in the learning management system (LMS) market. Artificial intelligence provides various advantages to the various learning management systems by facilitating a forward-thinking approach to the team member learning experience. A specific set of algorithms is used by an AI based learning platform to learn and make predictions on data. For instance, in January 2021, Syndicate Learning Group, an India based software company announced the launch of most advanced Artificial Intelligence driven Learning Management System. This LMS has a capability to replace most Legacy LMS by bringing in technology features. In April 2020, Cornerstone OnDemand Inc., a US-based software company offering learning management system, acquired Saba Software for $1.29 billion. Through this acquisition, Cornerstone aims to expand its learning management system and innovate its products. Saba Software is a US-based company offering cloud-based intelligent talent management solutions. Major players in the learning management system (LMS) market are McGraw Hill Education, D2L, SAP SE, Docebo, Absorb LMS, Blackboard Inc., Cornerstone OnDemand, Oracle Corporation, IBM Corporation, Pearson, PowerSchool, Epignosis, Skillsoft, Aptara Inc., Articulate, Schoology, Tata Interactive Systems, Netdimensions Ltd., MPS Interactive, Adobe Inc., CrossKnowledge, SumTotal Systems, and TalentLMS. North America was the largest region in the learning management system market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the learning management system (LMS) report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the learning management system (LMS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The learning management system market includes revenues earned by entities by monitoring user progress and performance and increasing eLearning accessibility without geographic limitations. 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. The global learning management system (LMS) market is segmented - 1) By Component: Solution, Services 2) By Delivery Mode: Distance Learning, Instructure LED Training, Blended Training 3) By Deployment Mode: Cloud, On-Premises 4) By End User: Academic, Corporate 

Educational services are any activity partly or entirely for education, including teaching and learning, research activities, apprenticeship training, and training workshops. The main types of educational services are other educational services; colleges, universities, and professional schools; elementary and secondary schools. A university is a higher (or tertiary) education and research institution that grants academic degrees in a variety of academic disciplines. The different expenditure types of educational services include public and private that are offered through online and offline modes. The educational services market research report is one of a series of new reports from The Business Research Company that provides educational services market statistics, including educational services industry global market size, regional shares, competitors with an educational services market share, detailed educational services market segments, market trends and opportunities, and any further data you may need to thrive in the educational services industry. This educational services 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 global educational services market grew from $3,173.75 billion in 2022 to $3,421.26 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The educational services market is expected to grow from $4,479.94 billion in 2027 at a CAGR of 7%. Flipped classroom model of teaching is enhancing the students learning experience by creating an interactive atmosphere in classrooms. In a flipped classroom, students view lecture materials or video lectures as homework before coming to class. In-class time, interactive discussions, and collaborative works are performed under the guidance of a teacher. Flipped classroom gives students the flexibility to consume the lecture material at their own pace and come prepared to ask specific questions in class. For instance, according to the Flipped Learning Network, 71% of teachers who flipped their classes noticed improved grades, and 80% reported improved student behavior as a result, thus indicating the effectiveness of flipped classroom teaching model. Some of the educational service providers using flipped classrooms to teach students include the University of California, Clemson University, Boston University, Harvard University, University of Michigan, and Texila American University. Educational services are using gamification techniques to enhance the students learning experience. Gamification is the concept of applying game-design thinking to different classroom tasks to make them more fun and engaging. Gamification is creating a holistic learning atmosphere in educational services that boosts the engagement, motivation, and essential skills of students. For instance, according to a survey conducted by WeAreTeachers, 55% of teachers are using digital online games as part of their teaching, and 63% agree that students want to practice difficult skills when presented in a game-like format. Hornsby Middle School implemented gamification techniques to engage the students in comprehensive learning. Major companies in the educational services market include University of California System, University of Pennsylvania, University of Michigan, Stanford University, Harvard University, Columbia University, Cornell University, Yale University, Massachusetts Institute of Technology, The Texas A&M University System, and Mulpha International Bhd. Asia-Pacific was the largest region in the educational services market in 2022. Western Europe was the second-largest region in the educational services market. The regions covered in the educational services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the educational services market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The educational services market consists of revenues earned by entities by providing training in a wide variety of subjects. Educational services entities include establishments providing academic or technical instructions such as schools, colleges, universities, and training centers. Revenues earned by educational services entities include fees charged by them for teaching, tutoring and training services. These establishments may be privately owned and operated for profit or not for profit, or they may be publicly owned and operated. 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. The global educational services market is segmented - 1) By Type: Other Educational Services, Colleges, Universities, And Professional Schools, Elementary And Secondary Schools 2) By Type of Expenditure: Public, Private 3) By Mode: Online, Offline Subsegments Covered: Fine Arts Schools, Sports And Recreation Instruction, Language Schools, Exam Preparation And Tutoring, All Other Miscellaneous Schools And Instruction, Educational Support Services, Junior Colleges, Higher Education Colleges And Universities, Business and Secretarial Schools, Computer Training, Professional and Management Development Training, Technical and Trade Schools, Primary School, Middle School, Secondary School

An elementary school is an educational institution that provides the first eight years of children’s primary preparatory formal education, generally from 1st to 8th grade. Secondary schools refer to educational institutions that provide academic courses after the completion of elementary school, generally from 8th grade to 12th grade. The main types of elementary and secondary schools are primary school, middle school, and secondary school. A primary school is a place where children receive their first stage of academic learning, also known as elementary or primary education. The various expenditure type includes public and private. The different types of ownership include government, local bodies, and others and involve various fee structures such as low-income, medium-income, and high-income. The elementary and secondary schools market research report is one of a series of new reports from The Business Research Company that provides elementary and secondary schools market statistics, including elementary and secondary schools industry global market size, regional shares, competitors with elementary and secondary schools market share, detailed elementary and secondary schools market segments, market trends and opportunities, and any further data you may need to thrive in the elementary and secondary schools industry. This elementary and secondary schools 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 global elementary and secondary schools market grew from $1,478.64 billion in 2022 to $1,607.42 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The elementary and secondary schools market is expected to grow from $2,189.86 billion in 2027 at a CAGR of 8.0%. Flipped classroom model of teaching is enhancing the students learning experience by creating an interactive atmosphere in classrooms. In a flipped classroom, students view lecture materials or video lectures as homework before coming to class. In-class time, interactive discussions, and collaborative works are performed under the guidance of the teacher. Flipped classroom gives students the flexibility to consume the lecture material at their own pace and come prepared to ask specific questions in class. According to the Flipped Learning Network, 71% of teachers who flipped their classes noticed improved grades, and 80% reported improved student behavior as a result., thus indicating the effectiveness of flipped classroom teaching model. Major companies in the elementary and secondary schools market include Goodstart Early Learning, KinderCare Learning Centers, Learning Care Group Inc., Primrose Schools, and Nobel Learning Communities Inc. Asia-Pacific was the largest region in the elementary and secondary schools market in 2022. Western Europe was the second-largest region in the elementary and secondary schools market. The regions covered in the elementary and secondary schools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the elementary and secondary schools market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The elementary and secondary schools market consists of revenues earned by entities that provides basic technical courses to school students prior to bachelorette education. The elementary and secondary schools includes establishments such as boarding schools, kindergartens, military academies, finishing schools, vocational high schools. The market covers school boards and school districts. These establishments may be privately owned and operated for profit or not for profit, or they may be publicly owned and operated. 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. The global elementary and secondary schools market is segmented - 1) By Type: Primary School, Middle School, Secondary School 2) By Type of Expenditure: Public, Private 3) By Ownership: Government, Local Body, Other Ownerships 4) By Fee Structure: Low-Income, Medium-Income, High-Income

The colleges refer to postsecondary educational institutions that provide education beyond the 12th grade level in various programs for a graduate level degree. Universities refer to educational institutions that provide a broad range of academic disciplines under undergraduate and postgraduate programs for graduate level and advanced degrees. Professional schools refer to institutions that provide education in highly specialized professional disciplines and grant degrees at baccalaureate or graduate levels. The main types of colleges, universities, and professional schools are technical and trade schools, junior colleges, higher education colleges, and universities, business and secretarial schools, computer training, and professional and management development training. Business and secretarial schools are institutions that specialize in instructing office procedures, secretarial and stenographic skills, as well as basic computer skills, word processing, spreadsheets, and desktop publishing. The various expenditure types including public and private are offered through online and offline modes. The colleges, universities, and professional schools market research report is one of a series of new reports from The Business Research Company that provides colleges, universities, and professional schools market statistics, including colleges, universities, and professional schools industry global market size, regional shares, competitors with colleges, universities, and professional schools market share, detailed colleges, universities, and professional schools market segments, market trends and opportunities, and any further data you may need to thrive in the colleges, universities, and professional schools industry. This college, university, and professional 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 global colleges, universities, and professional schools market grew from $1,199.45 billion in 2022 to $1,280.45 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The colleges, universities, and professional schools market is expected to grow from $1,595.9 billion in 2027 at a CAGR of 5.7%. Top universities based in the US and Europe are setting up branch campuses or collaborating with the local institutions in the emerging markets, especially in Asia and the Middle East. This phenomenon is being driven by the high demand for courses from these countries due to the quality of education these colleges and universities offer. According to the Cross-Border Education Research Team(C-Bert), an agency that provides information on colleges and universities with a multi-national, there are about 247 international branch campuses around the world. For instance, the University of Nottingham has set up two branch campuses one in Malaysia which has over 4,500 students, and the other in China which has over 7,000 students. Major companies in the colleges, universities, and professional schools market include University of California System, University of Pennsylvania, University of Michigan, Stanford University, Harvard University, Columbia University, Cornell University, Yale University, Massachusetts Institute of Technology, and The Texas A&M University System. Western Europe was the largest region in the colleges, universities, and professional schools market in 2022. Asia-Pacific was the second-largest region in the colleges, universities, and professional schools market. The regions covered in the colleges, universities, and professional schools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the colleges, universities, and professional schools market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The colleges, universities, and professional schools market consists of revenues earned by entities that provide educational courses to students by preparing them for careers in specific fields. Colleges, universities, and professional schools entities includes establishments such as colleges, theological seminaries offering baccalaureate or graduate degrees, military academies at college level, universities and professional schools. These establishments may be privately owned and operated for profit or not for profit, or they may be publicly owned and operated. 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. The global colleges, universities, and professional schools market is segmented - 1) By Type: Technical and Trade Schools, Junior Colleges, Higher Education Colleges And Universities, Business and Secretarial Schools, Computer Training, Professional and Management Development Training 2) By Type of Expenditure: Public, Private 3) By Mode: Online, Offline Subsegments Covered: Cosmetology and Barber Schools, Flight Training, Apprenticeship Training, Other Technical and Trade Schools

Recreation refers to all the activities that people choose to refresh their minds and bodies and make their free time more enjoyable and interesting. Recreation improves concentration skills and the ability to manage anxiety and stress. Enhanced social skills develop skills such as cooperation and teamwork, and a great way to have fun, meet new people and develop friendships. The main types of recreation are amusements, arts, and sports. Sports services provide live sporting events before a paying audience or entities that operate golf courses and country clubs, skiing facilities, marinas, fitness and recreational sports centers, and bowling centers. The different age groups include aged 35 and younger, aged 35-54, aged 55 and older, and involve various revenue sources such as media rights, merchandising, tickets and sponsorship. The recreation market research report is one of a series of new reports from The Business Research Company that provides recreation market statistics, including recreation industry global market size, regional shares, competitors with a recreation market share, detailed recreation market segments, market trends, and opportunities, and any further data you may need to thrive in the recreation industry. This recreation 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 global recreation market grew from $1,443.83 billion in 2022 to $1,900.67 billion in 2023 at a compound annual growth rate (CAGR) of 31.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The recreation market is expected to grow to $2,194.09 billion in 2027 at a CAGR of 3.7%. The recreation market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) stated that the global GDP growth was 3.5% in 2020, up from 3.2% in 2019. Recovering commodity prices are further expected to aid market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, India's GDP grew by 7.2%, whereas China registered a GDP growth of 6.0% in 2020. Stable economic growth is expected in end-user markets, thereby driving the market during the forecast period. This continued economic growth is expected to increase investments in the end-user markets and be a driver of the recreation market as greater affluence allows consumers to visit recreation centers. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the recreation market in 2020 as governments globally imposed lockdowns and restricted domestic and international travel limiting the need for services offered by these establishments. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in the closure of recreational facilities such as amusement parks, museums, and casinos with countries entering a state of 'lockdown' and the outbreak hurt businesses throughout 2020 and into 2021. However, it is expected that the recreation market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. Amusement parks are increasingly using virtual and augmented reality technology to provide an immersive experience to customers. Virtual reality is a 3D, computer-generated environment that can interact with a person, whereas augmented reality turns an environment into a digital interface by placing virtual objects in the real world. Amusement parks are implementing this technology in rides and theater-based attractions. For instance, Plopsaland De Panne in De Panne, Belgium has a new virtual reality wooden roller coaster called Heidi The Ride, which can reach speeds of more than 43 mph. Amusement park SeaWorld has started operating a new Kraken Virtual Reality Roller Coaster in Orlando. The Weave Breaker coaster brings the reality of jet skiing in an amusement park. Universal Studios have The Walking Dead mazes with augmented reality elements. Major companies in the recreation market include China Sports Lottery, China Welfare Lottery, The Walt Disney Company, Sociedad Estatal Loterías y Apuestas del Estado S.A., Maruhan, Flutter Entertainment plc, The Hong Kong Jockey Club, Tabcorp Holdings Ltd., CJ Corp, and Oriental Land Company Ltd. Asia-Pacific was the largest region in the recreation market in 2022. Eastern Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the recreation market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the recreation market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The recreation market includes revenues earned by entities by operating amusements facilities, operating facilities or providing services for cultural, entertainment, and recreational interests, providing live sporting events before a paying audience, and operating golf courses and country clubs, skiing facilities, marinas, fitness, and recreational sports centers, and bowling centers. Gambling, except casino hotels, can also be considered to be part of the recreation market. 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. The global recreation market is segmented - 1) By Type: Amusements, Arts, Sports 2) By Age Group: Aged 35 and Younger, Aged 35-54, Aged 55 and Older 3) By Revenue Source: Media Rights, Merchandising, Tickets and Sponsorship Subsegments Covered: Amusement Parks, Gambling, Museums, Historical Sites, Zoos, And Parks, Independent Artists And Performing Art Companies, Sports And Arts Promoters, Spectator Sports, Participatory Sports