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K-12 Instruction Material Market Report 2024: Size, Share, Growth, Trends, Forecast 2033
K-12 Instruction Material Market
As per the report, 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 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%.
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Fueling Growth The Intersecting Forces of Online Education And Digital Language Learning
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.
Innovative Curriculum Delivery Platforms Revolutionize K-12 Education Enhancing Access To Resources And Supporting Adaptive Learning
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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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.
Contents of the report:
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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