The k-12 instruction material global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
K-12 Instruction Material Market, 2024 report by The Business Research Company
offers comprehensive insights into the current state of the market and
highlights future growth opportunities.
Market Size -
The K-12 instruction material market size has grown strongly in recent years.
It will grow from $5.21 billion in 2023 to $5.61 billion in 2024 at a compound
annual growth rate (CAGR) of 7.7%. The growth in the historic period can be
attributed to increased demand for adaptive learning, improved access to
educational content, growth in digital instruction materials, rise in visual
learning, and rise of virtual classroom training.
The K-12 instruction material market size is expected to see strong growth in
the next few years. It will grow to $7.64 billion in 2028 at a compound annual
growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed
to increasing international student enrolment, the rising demand for online
education, increasing demand for customized instructional materials, increasing
focus on professional development of teachers, growing demand for blended learning
solutions. Major trends in the forecast period include digital transformation,
gamification, innovative educational platforms, robotics in education, and
virtual classrooms.
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Scope Of K-12 Instruction Material Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
K-12 Instruction Material Market Overview
Market Drivers -
The rising demand for online education is expected to propel the growth of the
K-12 instruction material market going forward. Online education refers to
delivering educational content and instruction via the internet. The demand for
online education is rising due to flexibility, accessibility, technological
advancements, and evolving learning needs. K-12 instructional materials enhance
online education by providing structured, engaging, and flexible content that
supports differentiated instruction, immediate feedback, accessibility,
collaboration, and data-driven decision-making. For instance, in January 2022,
according to the World Economic Forum, a Switzerland-based non-governmental
organization, online education enrollment increased by 32% in 2022 from 189
million in 2021. Therefore, the rising demand for online education is driving
the growth of the K-12 instruction material market.
Market Trends -
Major companies operating in the K-12 instruction material market are
developing innovative platforms, such as curriculum delivery platforms (CDP),
to support adaptive learning and improve educational outcomes. Curriculum
delivery platform (CDP) provides teachers with increased access to resources,
including lesson plans, materials, standards maps, and pacing guides, all in
one place. For instance, Ellipsis Education, a US-based company that offers
K-12 education, launched the Curriculum Delivery Platform (CDP), a
comprehensive online portal designed to streamline computer science teaching
for K-12 educators. The CDP aims to provide everything teachers need to teach
computer science in one place, making it easier for them to access and navigate
courses, resources, and materials. This platform provides several features to
enrich the teaching experience, such as enhanced organization, expanded
resource accessibility, improved interface aesthetics, access to a standards
map on the lesson-level page, and simplified navigation between courses.
The k-12 instruction material market covered in this report is segmented –
1) By Type: Traditional Instruction Material, Digital Instruction Material
2) By Content Type: Textbooks, Workbooks, Educational Software
3) By Application: Pre-Primary School, Primary School, Middle School, High
School
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Regional Insights -
North America was the largest region in the K-12 instruction material market in
2023. Asia-Pacific is expected to be the fastest-growing region in the forecast
period. The regions covered in the K-12 instruction material market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
Key Companies -
Major companies operating in the K-12 instruction material market are Pearson
Plc, Follett Corp., Stride Inc., Scholastic Inc., Cengage Inc., Nord Anglia
Education Ltd., TAL Education Group, McGraw-Hill Education, Educomp Solutions
Ltd., Discovery Education Inc., D2L Corp., Hurix Systems Pvt. Ltd., Next
Education India Pvt. Ltd., Mosaica Education Inc., Carnegie Learning Inc.,
Dubai International Academy - Al Barsha, Al- Jazeera Academy, Bettermarks GmbH,
British International School of Jeddah, International School of London, The
George Washington University Online High School, Keystone School, Grand Canyon
Education Academy, The Village School, Accelerate Inc.
Table of Contents
1. Executive Summary
2. K-12 Instruction Material Market Report Structure
3. K-12 Instruction Material Market Trends And Strategies
4. K-12 Instruction Material Market – Macro Economic Scenario
5. K-12 Instruction Material Market Size And Growth
…..
27. K-12 Instruction Material Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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