LONDON–(BUSINESS WIRE)–#PreschoolorChildcareMarketinChina–Technavio has been monitoring the preschool or childcare market and it is poised to grow by USD 60.91 billion during 2020-2024, progressing at a CAGR of over 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the preschool or childcare market. The market growth in 2020 is likely to increase compared to the market growth in 2019.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Beanstalk Education Group, Crestar Education Group, Etonkids International Educational Group, Fortune Kindergarten, Golden Apple Education Investment (Group) Co. Ltd., Little Tree Montessori International School Inc., Montessori School of Shanghai, Shanghai American School, The International Montessori School, and Yew Chung International School of Shanghai are some of the major market participants. Although the rising infant population will offer immense growth opportunities, the lack of awareness about the benefits of early childhood education in rural areas is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this preschool or childcare market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Preschool or Childcare Market 2020-2024: Segmentation
Preschool or Childcare Market is segmented as below:
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Preschool or Childcare Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The preschool or childcare market report covers the following areas:
This study identifies rising demand for sustained enrollment as one of the prime reasons driving the Preschool or Childcare Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio�s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Preschool or Childcare Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Service
Market Segmentation by Age group
Market Segmentation by Ownership
Customer landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Jesse Maida
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