U.S. K-12 Education Market - Forecast(2021 - 2026)
K-12 Education market is expected to have a stable CAGR of approximately 2.1% in the United States. Most of the funding for K-12 education is provided by state and local sources. According to the National Center for Education Statistics (NCES), the states fund about 47% of public education whereas the locals fund about 45% for the same. With the advances in the education technology and improved accessibility to quality education is one of the factor driving the K-12 education market in the U.S. The number of education startups is now increasing at an exponential rate. It has been estimated that around 37% of the education startups are working on expanding K-12 online education market. Market Research and Market Trends of U.S. K-12 Education: One of the trends in K-12 education in the U.S is blended learning. It is the combination of traditional teaching and digital approach which is beneficial for students as well as teachers. With the development in technology, various education