K-12 Science Market Outlook

A continuation of strong state budgets and grants from both governmental and non-governmental sources to promote science and STEM will be key factors in spurring the market for K-12 instructional materials in science to grow at a strong pace in 2022-2023 and throughout 2023-2024. That’s just one of the findings of SIMBA’s just released report, K-12 Science Market 2022.
 

What this Report Covers

The report provides a comprehensive examination of the current and future landscape of the market for scientific instructional materials in the K-12 grades. Among the key issues covered are an examination of the specific drivers for the rate of growth; the impact of digital on print; alignment of materials to the Next Generation Science Standards (NGSS); the growth of supplemental materials; the increasing usage of OER and teacher-created materials; how districts are integrating STEM learning; why the trend towards inquiry-based learning is changing the needs of this market; and news and developments from key companies serving this sector.

Key Findings

Among the key findings examined and analyzed in this report are a forecast growth of 7.1% for this market in 2022-2023, and a continued, though slower growth for 2023-2024. The report also reveals that 20 states and the District of Columbia have adopted the NGSS standards, while 28 others have adopted their own standard, which are informed by the same Framework. The K-12 Science Market report also reveals that fewer than 20% of materials in use in classrooms are aligned to these newer standards.

Key Trends Discussed

Several significant trends and developments are explored and analyzed in the report. Among them are the increasing in the use of supplemental materials in the classroom-with an increasing number of those materials created via Open Educational Resources (OER) or developed by the teachers themselves. Another trend examined in the report is how the increasing interest in inquiry-based learning is spurring the need for more professional training for teachers, particularly for those who are not already subject matter experts in science

Publishing Companies Covered

The report profiles the following key companies serving the science instructional market:

• Accelerate Inc
• Activate Learning
• Amplify Learning
• Bedford, Freeman & Worth
• Carolina Biological
• Cengage Learning
• Discovery Education
• Houghton Mifflin Harcourt
• Kendall Hunt
• Lab-Aids
• McGraw-Hill
• OpenSciEd
• PASCO Scientific
• SAVVAS Learning
• School Specialty

About Simba Information

Publishers and investment professionals can trust Simba Information’s K-12 Science Market to provide the inside intelligence needed to evaluate growth potential and understand the trends impacting the market for scientific instructional materials for the K-12 market.

K-12 Science Market is an essential tool for publishing executives, M&A advisors, market analysts, and industry consultants who need to understand the business strategies during the K-12 science instructional market.

Simba has the knowledge base and perspective gained from more than 20 years’ covering this market and the rapid changes in technology, the economy, mergers, partnerships and public policy than affect it.