Simba Information’s 2009 National Textbook Adoption Scorecard and 2010 Outlook report presents the crucial business intelligence on textbook adoptions necessary for developers and marketers of instructional materials in a convenient single-source reference edition.
This report offers the most comprehensive analysis available of the results of 2009 state textbook adoptions that is expected to generate nearly $500 million in first-year revenue for publishers and of the opportunities for an expected improved environment for adoption of instructional materials in 2010.
Prepared by the analysts at Simba Information, the 2009 National Textbook Adoption Scorecard and 2010 Outlook covers sales results in specific states, including California, Florida and the three other states that are set to purchase reading and/or language arts materials, as well as the five states that are slated to purchase math materials. The report also provides guidance for opportunities to come.
This report is an essential market intelligence tool for publishers, editors, marketing, business development and investment professionals who need to understand the business strategies currently driving this important segment of the educational publishing industry.
Stamford, Conn.-Dec. 28, 2009-A very rocky K-12 textbook adoption market in 2009 laid the groundwork for a legacy of change in textbook adoptions beginning in 2010, according to Simba's 2009 National Textbook Adoptions Scorecard and 2010 Outlook, the new strategic education market report from Simba Information.
“Two factors—the recession and technology—combined to rock the traditional textbook adoption process in 2009 in ways that will resonate with far-reaching effects for publishers and schools in the coming years,” said Kathy Mickey, senior analyst/managing editor of Simba’s Education Group.
The report examines those changes, including the cancelled reading adoption in California and the impact of state funding reductions on school district adoptions in 2009 and their plans for future adoptions.
Additionally, the push for greater use of technology in classrooms that has been percolating for years intensified in 2009. “In 2009, the recession roiled that pot throughout the K-12 school market, but it was particularly disruptive to the textbook adoption process with several states taking steps to include devices and open-source materials in the acquisition process for instructional materials,” Mickey said.
Among the states with such new plans examined in the report are California, Texas, Indiana and West Virginia.
Overall, the adoption market contracted to an estimated $500 million in 2009, but publishers are looking for growth in 2010 to an opportunity worth between $900 million and $950 million, if all goes well, with new opportunities led by Texas reading and Florida math.
The new Simba report examines sales results in specific adoptions states in 2009 and delineates where key opportunities lie through 2013.
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