STEM Toys Market value is set to grow from $964.09 milliongrowing at a CAGR of 5% from 2020 to 2025, according to the latest Technavio report.

STEM Toys Market: Promoting Collaborative Environment in Educational Institutions to Drive Market Growth

The shift in learning approaches from traditional exam-based education to a context-based approach in educational institutions is contributing significantly to the growth of the market. Adopting STEM toys in classrooms allows teachers and students to link core concepts such as critical thinking, statistics, creativity, and argumentation with play-based learning and hands-on examples. This allows students to synchronize their education and learning activities with industry-specific and job-focused learning. The education sector has seen a shift towards an example-driven, context-based approach to learning. Students are encouraged to better understand the subject through practical examples and illustrative designs in classrooms, as opposed to rote memorization. Thus, the emphasis on context-based education is expected to continue driving the market during the forecast period.

STEM Toys Market: Intense Competition from Mobile Games to Challenge Market Growth

The penetration of mobile devices such as smartphones and tablets has led to the emergence of several game-based learning software and applications for children of different age groups. Technological advancements allow these apps to offer user-friendly interfaces, thus enabling better engagement and operability for students. Using simple apps, better graphics and content interactivity, and a range of game options will help mobile game makers attract and retain consumers at a higher rate than manufacturers. traditional toys. Many mobile app developers offer a range of interactive learning software for STEM and other disciplines at competitive prices. The importance of mobile apps and software in STEM learning is expected to hamper the market growth.

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STEM Toys Market Distribution Channel Outlook (Revenue, USD Million, 2020-2025)

• Offline – size and forecast 2020-2025
• Online – size and forecast 2020-2025

Geographical Outlook of the STEM Toys Market (Revenue, USD Million, 2020-2025)

• APAC – size and forecast 2020-2025
• North America – size and forecast 2020-2025
• Europe – size and forecast 2020-2025
• MEA – size and forecast 2020-2025
• South America – size and forecast 2020-2025

STEM Toys Market: Vendor Landscape

The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:

• Elenco Electronics Inc.
• Hasbro Inc.
• Johnco Productions Pty Ltd.
• Learning Resources Ltd.
• LEGO SYSTEM LIKE
• Mattel Inc.
• Melissa & Doug LLC
• Ravensburger AG
• Smartivity Labs Pvt. ltd.
• Spin Master Corp.

The STEM toy market is fragmented and sellers are deploy organic and inorganic growth strategies to compete in the market.

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Smart Toys Market by Service and Geography – Forecast and Analysis 2022-2026: The smart toys market share is expected to grow by USD 4.27 billion from 2021 to 2026, at a CAGR of 11.5%. 32% of the market growth will come from APAC during the forecast period. China and Japan are the top smart toy markets in APAC. Find more exclusive research information here

Educational Toys Market by Product, Age and Geography – Forecast and Analysis 2021-2025: The educational toys market share is expected to increase by $28.40 billion between 2020 and 2025, and the market growth momentum will accelerate at a CAGR of 14%. The COVID-19 outbreak has led to school closures in various countries as encouraging parents to opt for educational toys for their children is likely to drive the demand for educational toys in APAC during the forecast period. Find more exclusive research information here

Contents

Summary

Market landscape

• Market ecosystem
• Value chain analysis

Market sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market Outlook: Predictions for 2020 – 2025

Five forces analysis

• Summary of the five forces
• The bargaining power of buyers
• Bargaining power of suppliers
• The threat of new entrants
• The threat of substitutes
• Threat of rivalry
• Market state

Market segmentation by distribution channel

• Market segments
• Comparison by distribution channel
• Offline – Market size and forecast 2020-2025
• Online – Market size and forecast 2020-2025
• Market opportunity by distribution channel

Customer landscape

Geographic landscape

• Geographic segmentation
• Geographic comparison
• APAC – Market size and forecast 2020-2025
• North America – Market size and forecast 2020-2025
• Europe – Market size and forecast 2020-2025
• MEA – Market size and forecast 2020-2025
• South America – Market size and forecast 2020-2025
• Main leading countries
• Market Opportunity by Geography
• Market factors
• Market challenges
• Market trends

Supplier Landscape

• Supplier Landscape
• Landscape disturbance

Vendor analysis

• Suppliers Covered
• Positioning on the supplier market
• Elenco Electronics Inc.
• Hasbro Inc.
• Johnco Productions Pty Ltd.
• Learning Resources Ltd.
• LEGO AS System
• Mattel Inc.
• Melissa & Doug LLC
• Ravensburger AG
• Smartivity Labs Pvt. ltd.
• Spin Master Corp.

Annex

• Report scope
• Currency conversion rates for the US dollar
• Research methodology
• Abreviations list

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