Industry Reports, United States
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This report forecasts to 2022 and 2026 US education personal consumption expenditures (PCE) in nominal US dollars. Select US enrollment figures are forecast to 2026.
Simba has estimated the size of the K-12 instructional supplemental materials market to be $3.8 billion in 2020 and is forecast to grow to $4.6 billion in 2024, representing a CAGR of 5.3% and an increase in the share of the total K-12 instructional materials market from 43.9% to 45.7%.
After one and a half years of disruptive learning caused by the pandemic, nearly 100% of PreK-12 students returned to school full time by the third quarter of 2021. During the 2020-2021 school year, there were 18,254 public school districts and 98,609 public schools.
In this report Simba examines the competitive landscape of publishers of PreK-12 instructional materials. The report finds that publishers are making a variety of adjustments to be competitive and successful to deal with the realities of the lingering impacts of Covid.
Simba has estimated that the total market sales of the PreK-12 assessment market reached over $2.825 billion in 2021-2022. Breaking down that figure by key segments, state level summative assessments represent 37.8% of the market, and nearly two-thirds of the market can be attributed specifically to classroom assessments.
This in-depth report addresses the opportunities in the PreK-12 school market and the strategies at work in the industry that provide instructional materials to schools.
College course materials will decrease 3.5% to $3.1 billion in 2022, reversing the previous year’s one year period of positive results. Sales of course materials are expected to continue a slow decline by slightly over 2.0% over the next couple of years.
The 2021-2022 instructional materials adoption season was a year of recovery for the publishing market, as most districts made decisions in accordance with the traditional academic schedule.
This report forecasts the US PreK-12 instructional material market for 2025 in nominal US dollars.
Use this report to better understand the availability of classroom technology and how teachers and students use that technology.