![STEM Education In K-12 Market](https://www.skyquestt.com/assets/frontend/images/upcoming_reports_cover_image.jpg)
Report ID: UCMIG25R2004
Report ID:
UCMIG25R2004 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2021, the global market for STEM (Science, Technology, Engineering, and Mathematics) education in K-12 reached a significant valuation of USD 37.84 billion. The growth of this market can be attributed to the increasing emphasis on preparing students for careers in STEM fields, the rising demand for innovative teaching methods, and the recognition of STEM education's importance in fostering critical thinking and problem-solving skills. STEM education in K-12 schools focuses on providing students with hands-on learning experiences and interdisciplinary approaches to develop their proficiency in STEM subjects. The market's value underscores the growing investment in STEM education, highlighting its pivotal role in equipping students with the skills necessary to thrive in the modern workforce.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Education Services by segment aggregation, the contribution of the Education Services in Consumer Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG25R2004