According to a new report, published by KBV research, The Global STEM Education In K-12 Market size is expected to reach $86.7 billion by 2028, rising at a market growth of 13.0% CAGR during the forecast period.
The Instructor-led segment is showcasing a CAGR of 14.6% during (2022 - 2028). Instructor led learning includes the instruction given by one or a number of infrastructures in the form of presentations and lectures. In general, the instructor addresses a group of learners instead of explaining things to each learner separately. Different tactics, such as games, role playing, and exercises, are used in instructor-led learning.
The High School (9-12) segment acquired maximum revenue share in the Global STEM Education In K-12 Market by Application in 2021 thereby, achieving a market value of $39.2 billion by 2028. This is due to the growing use of online education platforms. Various educators are highly investing in STEM for high school learners. The considerable surge in digital literacy & rising adoption of AI and analytics may result in making it even more essential for schools to keep their curriculum relevant and updated.
The North America market dominated the Global STEM Education In K-12 Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $38.4 billion by 2028. The Asia Pacific market is exhibiting a CAGR of 14% during (2022 - 2028). Additionally, The Europe market would showcase a CAGR of 12.8% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/stem-education-in-k-12-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Stride, Inc., edX, Inc. (2U, Inc.), BYJU'S, Hurix Systems Pvt. Ltd., STEM Learning Ltd., MEL Science, STEMI d.o.o., STEMROBOTM Technologies Pvt Ltd., Edutech, and StemLabs Education.
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