PreK-12 Instructional Materials Industry Competitive Analysis, 2023
Industry Reports, United States
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Many of the biggest environmental factors affecting the PreK-12 instructional materials industry are tied to the lingering effects of pandemic-induced lockdowns in the US, which impacted almost every aspect of the delivery of PreK-12 education. The pandemic gave rise to new challenges and exacerbated ongoing issues. The manner in which companies continue to respond to those post-lockdown needs – especially in light of the impending end of federal COVID-related stimulus funds – is shaping how they progress into a changing future.
There was a drop in private equity and M&A, but businesses that offered subject matter expertise, tech capabilities, assessment capabilities or family engagement and communication solutions were most sought after for acquisitions in 2023.
Providers of Pre-12 instructional materials are focusing on producing more digital materials, tools and platforms, and are heling educators use these effectively.