K-12 Science Market Outlook
Description
K-12 Science Market Outlook 2022
A continuation of strong state budgets and grants from both governmental and non-governmental sources to promote science and STEM will be key factors in spurring the market for K-12 instructional materials in science to grow at a strong pace in 2022-2023 and throughout 2023-2024. That’s just one of the findings of SIMBA’s just released report, K-12 Science Market 2022.
What this Report Covers
The report provides a comprehensive examination of the current and future landscape of the market for scientific instructional materials in the K-12 grades. Among the key issues covered are an examination of the specific drivers for the rate of growth; the impact of digital on print; alignment of materials to the Next Generation Science Standards (NGSS); the growth of supplemental materials; the increasing usage of OER and teacher-created materials; how districts are integrating STEM learning; why the trend towards inquiry-based learning is changing the needs of this market; and news and developments from key companies serving this sector.
Key Findings
Among the key findings examined and analyzed in this report are a forecast growth of 7.1% for this market in 2022-2023, and a continued, though slower growth for 2023-2024. The report also reveals that 20 states and the District of Columbia have adopted the NGSS standards, while 28 others have adopted their own standard, which are informed by the same Framework. The K-12 Science Market report also reveals that fewer than 20% of materials in use in classrooms are aligned to these newer standards.
Key Trends Discussed
Several significant trends and developments are explored and analyzed in the report. Among them are the increasing in the use of supplemental materials in the classroom-with an increasing number of those materials created via Open Educational Resources (OER) or developed by the teachers themselves. Another trend examined in the report is how the increasing interest in inquiry-based learning is spurring the need for more professional training for teachers, particularly for those who are not already subject matter experts in science
Publishing Companies Covered
The report profiles the following key companies serving the science instructional market:
Publishers and investment professionals can trust Simba Information’s K-12 Science Market to provide the inside intelligence needed to evaluate growth potential and understand the trends impacting the market for scientific instructional materials for the K-12 market.
K-12 Science Market is an essential tool for publishing executives, M&A advisors, market analysts, and industry consultants who need to understand the business strategies during the K-12 science instructional market.
Simba has the knowledge base and perspective gained from more than 20 years’ covering this market and the rapid changes in technology, the economy, mergers, partnerships and public policy than affect it.
What this Report Covers
The report provides a comprehensive examination of the current and future landscape of the market for scientific instructional materials in the K-12 grades. Among the key issues covered are an examination of the specific drivers for the rate of growth; the impact of digital on print; alignment of materials to the Next Generation Science Standards (NGSS); the growth of supplemental materials; the increasing usage of OER and teacher-created materials; how districts are integrating STEM learning; why the trend towards inquiry-based learning is changing the needs of this market; and news and developments from key companies serving this sector.
Key Findings
Among the key findings examined and analyzed in this report are a forecast growth of 7.1% for this market in 2022-2023, and a continued, though slower growth for 2023-2024. The report also reveals that 20 states and the District of Columbia have adopted the NGSS standards, while 28 others have adopted their own standard, which are informed by the same Framework. The K-12 Science Market report also reveals that fewer than 20% of materials in use in classrooms are aligned to these newer standards.
Key Trends Discussed
Several significant trends and developments are explored and analyzed in the report. Among them are the increasing in the use of supplemental materials in the classroom-with an increasing number of those materials created via Open Educational Resources (OER) or developed by the teachers themselves. Another trend examined in the report is how the increasing interest in inquiry-based learning is spurring the need for more professional training for teachers, particularly for those who are not already subject matter experts in science
Publishing Companies Covered
The report profiles the following key companies serving the science instructional market:
- Accelerate Inc
- Activate Learning
- Amplify Learning
- Bedford, Freeman & Worth
- Carolina Biological
- Cengage Learning
- Discovery Education
- Houghton Mifflin Harcourt
- Kendall Hunt
- Lab-Aids
- McGraw-Hill
- OpenSciEd
- PASCO Scientific
- SAVVAS Learning
- School Specialty
Publishers and investment professionals can trust Simba Information’s K-12 Science Market to provide the inside intelligence needed to evaluate growth potential and understand the trends impacting the market for scientific instructional materials for the K-12 market.
K-12 Science Market is an essential tool for publishing executives, M&A advisors, market analysts, and industry consultants who need to understand the business strategies during the K-12 science instructional market.
Simba has the knowledge base and perspective gained from more than 20 years’ covering this market and the rapid changes in technology, the economy, mergers, partnerships and public policy than affect it.
Table of Contents
64 Pages
- Methodology
- K-12 Instructional Materials Market Approaches $1.2 Billion
- Use of Digital Materials Continues to Rise, But No Decline in Print
- Materials That Align Fully to New Standards Still Relatively Scarce
- Sales and Growth of Supplemental Materials Outpace Core Programs
- OER and Teacher-Created Materials Compete with Commercial Solutions
- Districts Embrace STEM but Take Different Paths to Get There
- Professional Development on Inquiry-Based Learning is Key to Success
- Growth of 7.1% Projected for 2022-2023
- Next Generation Science Standards and NGSS-Inspired Standards
- Statewide Adoption Trends
- District Adoption Trends
- Federal Policies Support STEM and STEAM
- States Promote Science and STEM Through Partnerships
- Funding Trends
- Size of the K-12 Instructional Materials Market in Science
- Science Takes a Back Seat
- Embrace of STEM and STEAM
- Rise of Computer Science
- Post-COVID Considerations
- The Search for Quality, Aligned Materials
- Supplemental Materials to the Fore
- Opting for Teacher-Created and Open-Source Materials
- Hands-On Kits: A Luxury Purchase
- Making Science Come Alive With Digital Materials and Tools
- The Search for Seamless Assessments
- Professional Learning: Key to Success
- Change Comes to Big Players in 2021
- More Competition for Hands-on Learning Supplies
- Looking to Corporations for Real-Life Connections
- Higher Education Remains a Key Resource, Especially for STEM
- Teacher-Created and OER Materials Compete with Commercial Offerings
- Projected Spending on K-12 Instructional Materials for Science, 2021-2022 versus 2023-2024, by Funding Source ($ in millions)
- Gaps in the Market for Instructional Materials
- Critical Needs in Professional Learning
- Uncertainty Ahead
- Accelerate, Inc.
- Activate Learning
- Amplify Learning
- Bedford, Freeman & Worth
- Carolina Biological
- Cengage Learning
- Discovery Education
- Houghton Mifflin Harcourt
- Kendall Hunt
- Lab-Aids
- McGraw Hill
- OpenSciEd
- PASCO scientific
- Savvas Learning
- School Specialty
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