At 13.5% CAGR, Early Childhood Education Market to Hit USD

Dallas,Texas, Aug. 26, 2022 (GLOBE NEWSWIRE) — By 2022, Early Childhood Education market was worth around USD 248 billion. By 2029, the market is projected to increase at a CAGR of 13.5% and be worth over USD 486 billion.

The increased concern of state and federal governments about expanding the number of educational programmes and enhancing the quality of education offered in primary classes throughout the projected period will be the key driver of the expansion of the global early childhood education market. A child’s emotional, social, physical, and cognitive needs are improved via a variety of interactions and activities in early childhood education, which helps provide a solid and thorough basis for lifetime learning and wellbeing. Additionally, it helps kids behave better before starting primary school.

For kids up to the age of eight, a variety of educational courses and fundamental skills programmes are available in the early childhood education field. Numerous edtech companies have been releasing various educational programmes based on the age range of children over the last few years. Early childhood programmes adapt and enhance the linguistic, cultural, familial, and economic diversity of children’s learning and comprehension abilities. The global early childhood education market has been gradually expanding over the last few years. The market’s growth rate is predicted to increase marginally throughout the prediction period, according to the forecast analysis. The proliferation of virtual classrooms, the trend toward more digitization, and the adoption of cutting-edge teaching methods in educational institutions are likely driving the global early childhood education market expansion.

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