Increased spending, especially as it relates to the rush to compliance with the new Common Core standards and assessments, is the primary force pushing the $2.6 billion K-12 Math market ahead at a rapid pace. This trend is expected to continue.
Stamford, CT (PRWEB) August 13, 2013
The shift in K-12 schools to digital products and services is gaining traction in the mathematics market segment. Approximately 28% of Mathematics class time is spent using digital tools and/or digital content according to respondents in a recent survey report from Education Market Research (EMR), a company providing analysis and data on the U.S. K-12 publishing market.
EMR’s recent report, "Mathematics/STEM Market, K-12: Teaching Methods, Traditional Materials Used and Needed, and Market Size", strongly suggests there has been a dramatic shift to digital in K-12 schools which can be documented starting in earnest in 2009. Along with providing data on the movement towards digital, the report gives readers key insight from the educator’s perspective.
"The importance of this survey report is that it examines educators’ habits and preference with respect to core Mathematics programs, supplemental materials, and adoption of new technologies, as well as their progress implementing Common Core State Standards (CCSS), new Common Core assessments, and Science, Technology, Engineering and Mathematics (STEM) education," said Bob Resnick, Ph. D., founder of EMR and creator of the new report.
Increased spending, especially as it relates to the rush to compliance with the new Common Core standards and assessments, is the primary force pushing the $2.6 billion K-12 Math market ahead at a rapid pace. This trend is expected to continue through 2014-2015 and beyond.
In terms of significant obstacles standing in the way of rapid implementation of STEM education, lack of funds, lack of time, and lack of relevant teacher training are the major stumbling blocks, according to survey respondents in the report.
There were some differences noted in the report when comparing the responses of educators in textbook adoption and open territory (non-adoption) states. For example, the adoption states seem to be running ahead of the non-adoption states in terms of average digital usage time in the classroom, but the non-adoption states appear to be running ahead in terms of implementing the new Common Core. In fact, the survey report shows that Common Core was rated as more important by those in non-adoption states compared to those in adoption states.
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About Education Market Research
Education Market Research (EMR) analyzes the U.S. K-12 school market in all of it facets such as, textbooks, supplemental materials, computer hardware, software, video, online, and in each of its grade levels, major curriculum areas, and “markets within the market”. The data contained in EMR’s publications comes from original studies conducted by EMR using an information gathering network comprised of tens of thousands of educators. EMR provides first-hand market intelligence not available from any other source.