The State of College Course Materials 2022-2024
Description
State of College Course Materials 2022-2024
What this Report Covers
Simba’s State of College Course Materials 2022-2024 has found that college course materials will decrease 3.5% to $3.1 billion in 2022, reversing the previous year’s one year period of positive results. Simba also expects that sales of course materials will continue a slow decline by slightly over 2.0% over the next couple of years.
In addition to analyzing the market size and segments for the college course materials industry, Simba’s State of College Course Materials 2022-2024 provides details on a wide range of other issues, trends, and forces impacting the market. These include types of institutions where students are enrolling; the growth of distance education; federal and state policy and funding developments; print vs. digital growth in instructional materials; the rise of subscription and inclusive access plans; new technology trends; company mergers & acquisitions and operating performance of key companies such as Pearson; Cengage, McGraw Hill; Wiley, Chegg and others; the growth in workforce education and the state and growth of Open Education Resources (OER).
Key Findings
Among the key findings highlighted in the report are:
Publishers and investment professionals can trust Simba’s State of College Course Materials 2022-2024 to provide the inside intelligence needed to evaluate the growth potential and understand the trends impacting the market for college course materials.
This report is an essential tool for publishing executives, M&A advisors, market analysts, and industry consultants who need to understand the larger trends and necessary business strategies when considering the college course materials 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 that affect it.
What this Report Covers
Simba’s State of College Course Materials 2022-2024 has found that college course materials will decrease 3.5% to $3.1 billion in 2022, reversing the previous year’s one year period of positive results. Simba also expects that sales of course materials will continue a slow decline by slightly over 2.0% over the next couple of years.
In addition to analyzing the market size and segments for the college course materials industry, Simba’s State of College Course Materials 2022-2024 provides details on a wide range of other issues, trends, and forces impacting the market. These include types of institutions where students are enrolling; the growth of distance education; federal and state policy and funding developments; print vs. digital growth in instructional materials; the rise of subscription and inclusive access plans; new technology trends; company mergers & acquisitions and operating performance of key companies such as Pearson; Cengage, McGraw Hill; Wiley, Chegg and others; the growth in workforce education and the state and growth of Open Education Resources (OER).
Key Findings
Among the key findings highlighted in the report are:
- How falling enrollment, which has dropped 1.6% from 2022 to 2021 is negatively impacting the instructional materials industry
- The increase in the number of faculty using Open Education Resources, which has grown 7% from the year before to a total of 40%.
- How digital materials are still growing, but at slower rate
- The impact of the increased activity in workforce education on the industry
Publishers and investment professionals can trust Simba’s State of College Course Materials 2022-2024 to provide the inside intelligence needed to evaluate the growth potential and understand the trends impacting the market for college course materials.
This report is an essential tool for publishing executives, M&A advisors, market analysts, and industry consultants who need to understand the larger trends and necessary business strategies when considering the college course materials 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 that affect it.
Table of Contents
68 Pages
- Methodology
- Executive Summary
- The Marist Mindset List for the Class of 2025
- Institution Types and Numbers
- Where Students Are Enrolled
- Degrees by the Numbers
- Fields of Study
- Introduction
- Costs of Attending College in 2022-2023
- Federal Funding for Higher Education
- Taking a Look at Student Loans and Financial Aid
- State Support for Higher Education
- Workforce Development
- Introduction
- Long-Term Decline in Course Materials Spend Continues
- Digital Usage
- Operating Performance of Providers and Distributers
- Open Educational Resources
- Introduction
- Mergers and Acquisitions in 2021
- M&A Market Cools a Bit in 2022
- Continued Focus on Workforce Education
- Introduction
- Negative Headwinds Continue
- Traditional Colleges & Universities Adapting to New Realities
- Outlook for College Course Materials
Pricing
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