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STEM Education In K-12 Market Expansion Continues, with Forecast Valuation of $84.24 Billion by 2029

STEM Education In K-12 Market

STEM Education In K-12 Market

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STEM Education In K-12 Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a quick surge in the market size of K-12 STEM education in the last few years. The projected growth shows an increase from $43.93 billion in 2024 to $49.88 billion in 2025, marking a compound annual growth rate (CAGR) of 13.5%. Numerous factors contributed to this historical growth, including the emergence of digital resources, an elevated emphasis on STEM in K-12 curriculum, raised consciousness about the contribution of STEM education to economic growth, improved STEM education at high school level, and the growing significance of STEM education in developing nations.

STEM Education In K-12 Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market size for STEM education in K-12 is anticipated to experience a swift expansion. The projection shows an increase to $84.24 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 14.0%. The growth during this predicted period can be linked to the rising demand for STEM education caused by the growing recognition of STEM skills in the employment sector. Other contributors to this growth are the emergence of online education platforms, government policies and initiatives, as well as increasing parental interest in STEM education. The trends to look out for in this projected period are investments from the private sector, introduction of technology into the educational system, the proliferation of STEM-related careers, amplification of funds dedicated to STEM education, and the integration of budding technologies.

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What Are the Drivers Transforming the STEM Education In K-12 Market?
The escalating need for virtual learning is anticipated to thrust the growth of STEM education in the K-12 market. Internet-based education, which involves the provision of educational content and tuition, is growing in demand due to its adaptability, reach, and the high quality of remote learning prospects, all fueled by advancements in technology and changing educational necessities. STEM learning often incorporates immersive tools and technologies such as virtual labs, simulations, and coding platforms that render e-learning more interactive and practical. These resources assist students in comprehending complex ideas through hands-on application and experimentation. For instance, the National Center for Education Statistics, a US government agency, reported that 87% of public schools offered tutoring during the 2023-24 academic year, with 47% providing more than 1 type. Specifically, 46% were high-dosage tutoring, 66% standard tutoring, 24% self-paced tutoring, and 13% on-demand online tutoring. Consequently, the escalating demand for internet-based education is instigating the expansion of STEM education in the K-12 market.

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What Long-Term Trends Will Define the Future of the STEM Education In K-12 Market?
Leading corporations in the K-12 STEM education market are introducing groundbreaking solutions, such as Next STEM and Next English, to better equip students for the needs of the current job market. The intention of the Next STEM and Next English programmes is to deliver an inclusive, immersive learning experience that marries technology with interactive tools and sophisticated evaluation systems. For example, in April 2024, Next Education, a company based in India that provides STEM education, unveiled Next STEM and Next English. These revolutionary software programmes are designed to offer holistic learning experiences, foster essential skills for the 21st century, and prepare students to thrive in a globally interconnected, tech-centric environment. Next STEM is a unified Science, Technology, Engineering, and Math (STEM) educational platform that emphasizes on experiential learning, simulations, and interactive tools to captivate student interest. Next English, on the other hand, is a comprehensive English learning solution incorporating technology via digital content, high-level assessment systems, and interactive tools. The programme's objective is to transform English language learning by offering students a holistic and interactive educational journey.

Which Segments in the STEM Education In K-12 Market Offer the Most Profit Potential?
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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Which Firms Dominate the STEM Education In K-12 Market by Market Share and Revenue in 2025?
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

Which Regions Offer the Highest Growth Potential in the STEM Education In K-12 Market?
North America was the largest region in the stem education in K-12 market in 2024. 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.

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