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COVID-19 Impacts: Global K-12 Instruction Material Market Will Accelerate at a CAGR of Almost 7% Through 2020-2024 | Increasing Demand for Adaptive Learning to Boost Growth | Technavio | Business

LONDON–(BUSINESS WIRE)–Aug 14, 2020–

Technavio has been monitoring the global K-12 instruction material market size and it is poised to grow by USD 9.74 billion during 2020-2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio has announced its latest market research report titled Global K-12 Instruction Material Market 2020-2024 (Graphic: Business Wire).

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Blackboard Inc., Cengage Learning Holdings II Inc., Follett Corp., Hachette Book Group Inc., Houghton Mifflin Harcourt Co., Mastery Education, McGraw-Hill Education Inc., Pearson Plc, SANTILLANA GLOBAL SL, and Scholastic Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The increasing demand for adaptive learning has been instrumental in driving the growth of the market. However, the increasing popularity of open educational resources might hamper market growth.

K-12 Instruction Material Market 2020-2024 : Segmentation

K-12 Instruction Material Market is segmented as below:

  • Product
    • Traditional Instruction Material
    • Digital Instruction Material
  • Geography
    • North America
    • APAC
    • Europe
    • South America
    • MEA

K-12 Instruction Material Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our K-12 instruction material market report covers the following areas:

  • K-12 Instruction Material Market size
  • K-12 Instruction Material Market trends
  • K-12 Instruction Material Market industry analysis

This study identifies the growing momentum of learning management system as one of the prime reasons driving the K-12 instruction material market growth during the next few years.

K-12 Instruction Material Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the K-12 instruction material market, including some of the vendors such as Blackboard Inc., Cengage Learning Holdings II Inc., Follett Corp., Hachette Book Group Inc., Houghton Mifflin Harcourt Co., Mastery Education, McGraw-Hill Education Inc., Pearson Plc, SANTILLANA GLOBAL SL, and Scholastic Corp. Backed with competitive intelligence and benchmarking, our research reports on the K-12 Instruction Material Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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K-12 Instruction Material Market 2020-2024 : Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist K-12 instruction material market growth during the next five years
  • Estimation of the K-12 instruction material market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the K-12 instruction material market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of K-12 instruction material market vendors
  • Market ecosystem
  • Value chain analysis
  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024
  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Traditional instruction material – Market size and forecast 2019-2024
  • Digital instruction material – Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Course offering

  • Market segments
  • Comparison by course offering
  • Curriculum – Market size and forecast 2019-2024
  • Assessment – Market size and forecast 2019-2024
  • Market opportunity by course offering
  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers – Demand led growth
  • Market challenges
  • Market trends
  • Overview
  • Vendor landscape
  • Landscape disruption
  • Vendors covered
  • Market positioning of vendors
  • Blackboard Inc.
  • Cengage Learning Holdings II Inc.
  • Follett Corp.
  • Hachette Book Group Inc.
  • Houghton Mifflin Harcourt Co.
  • Mastery Education
  • McGraw-Hill Education Inc.
  • Pearson Plc
  • SANTILLANA GLOBAL SL
  • Scholastic Corp.
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

CONTACT: Technavio Research

Media & Marketing Executive

Website:www.technavio.com/

INDUSTRY KEYWORD: PUBLISHING PRESCHOOL COMMUNICATIONS PRIMARY/SECONDARY EDUCATION

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 08/14/2020 01:45 PM/DISC: 08/14/2020 01:45 PM

Copyright Business Wire 2020.

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