The top 100 educational services earned 33 billion rubles in the first quarter of this year, 22.5% more than in the same period in 2023, according to the Smart Ranking report. At the same time, the school education segment became equivalent to additional vocational education. This may be due to a shortage of teachers.
Subscribe to RB.RU on Telegram
The two largest market segments (additional vocational education (VET; 35% of ranking participants’ income) and early childhood education (33%)) still show moderate growth. Their numbers also increased, approximately 27% year-on-year.
At the same time, last year the early childhood education segment showed better dynamics. The educational software development segment turned out to be the most dynamic: it represents 13% of the market, 7.8% more than the previous year. Development can also be associated with the creation of new projects.
Among companies, Skyeng is now in first place with 3.2 billion rubles, previously Skillbox was in the lead with quarterly revenues of 3.08 billion rubles. Smart Ranking admitted that these may be seasonal changes typical of the beginning of the year.
Author:
Karina Pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
