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Key Trends Shaping the Future STEM Education In K-12 Market From 2025-2034: Next Education Has Launched Two Latest Programs Next STEM And Next English To Empower Students With The Latest Skills
What market dynamics are playing a key role in accelerating the growth of the stem education in k-12 market?The rising demand for online education is expected to accelerate growth in the STEM education in K-12 market. Online education offers flexibility and accessibility, which is driving demand for STEM programs that use interactive tools and technologies to engage students. In May 2024, the National Center for Education Statistics reported that 87% of U.S. public schools provided tutoring, with many offering online options. As online learning continues to grow, so will demand for STEM education in K-12 settings.
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How will the growth rate of the stem education in k-12 market shape industry trends by 2034?
The STEM education in K-12 market has seen rapid growth and will grow from $44.13 billion in 2024 to $50.6 billion in 2025, reflecting a CAGR of 14.7%. This growth is driven by the availability of digital resources, a greater focus on STEM education in K-12 curricula, growing awareness of STEM's role in economic growth, expanded STEM offerings in high schools, and the increasing importance of STEM education in developing countries.
The STEM education in K-12 market is expected to grow to $86.25 billion by 2029, at a CAGR of 14.3%. This growth is driven by the rising importance of STEM skills, online learning platforms, government initiatives, and parental interest. Key trends include private sector investments, technology integration, and funding increases for STEM education.
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What trends are poised to drive the future success of the stem education in k-12 market?
In the K-12 STEM education market, companies are developing innovative solutions like Next STEM and Next English programs to prepare students for the modern workforce. For example, in April 2024, Next Education, an India-based provider of STEM education, launched software programs aimed at enhancing 21st-century skills. Next STEM and Next English offer interactive learning tools and assessments, preparing students for a technology-driven world.
Which primary segments of the stem education in k-12 market are driving growth and industry transformations?
The stem education in K-12 market covered in this report is segmented -
1) By Type: Customized Live Courses, Standard Recorded Courses, Other Types
2) By Delivery Mode: Online, Offline
3) By Application: Elementary School (K-5), Middle School (6-8), High School (9-12)
Subsegments:
1) By Customized Live Courses: Online Interactive Live Stem Classes, Instructor-led Live Workshops And Seminars, Live Tutoring For Stem Subjects, Personalized Stem Education Programs, Project-Based Learning In Live Sessions
2) By Standard Recorded Courses: Pre-Recorded Stem Curriculum Videos, Recorded Stem Webinars And Lectures, Self-Paced Video Tutorials For Stem Subjects, Recorded Virtual Stem Labs And Experiments, Subscription-Based Access To Pre-Recorded Stem Content
3) By Other Types: Blended Learning (Combination Of Live And Recorded Content), Stem Camps And Bootcamps (In-Person Or Virtual), Interactive Stem Learning Platforms (Gamified Learning), Virtual Reality (Vr) Or Augmented Reality (Ar) Stem Learning Programs, Hybrid Stem Education Models (Combination Of Physical And Digital Learning Tools)
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What regions are leading the charge in the stem education in k-12 market?
North America was the largest region in the stem education in K-12 market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the stem education in K-12 market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the stem education in k-12 market landscape?
Major companies operating in the stem education in K-12 market are Amazon Web Services Inc., Adobe Inc., Stride Inc., Scholastic Inc., K-12 Inc., Cengage Inc., Houghton Mifflin Harcourt, McGraw-Hill Education, School Specialty, D2L corporation, Hurix Systems Pvt. Ltd., Meritnation, Outschool Inc, EduCo International Group, zSpace, Kendall Hunt Publishing Company, PASCO Scientifc, Freeman and Worth Publishing Group LLC, Sphero inc., Istation, Mathspace Pty Ltd., Lab-Aids Inc., Wonder Workshop Inc., International School of London, Innova STEM Education
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What Is Covered In The STEM Education In K-12 Global Market Report?
•Market Size Forecast: Examine the stem education in k-12 market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the stem education in k-12 market for a structured understanding.
•Key Players Overview: Analyze major players in the stem education in k-12 market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the stem education in k-12 market.
•Segment Contributions: Evaluate how different segments drive overall growth in the stem education in k-12 market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the stem education in k-12 market.
•Industry Challenges: Identify potential risks and obstacles affecting the stem education in k-12 market.
•Competitive Landscape: Review strategic developments in the stem education in k-12 market, including expansions, agreements, and new product launches.
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