LONDON–(BUSINESS WIRE)–#ConsumerDiscretionary–The science, technology, engineering, and mathematics toys market is expected to post a CAGR close to 5% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report


The shift in learning approaches in educational institutions from traditional exam-based education to context-oriented approach is contributing to the STEM toys market growth. These toys enable teachers and students to link core concepts such as critical thinking, statistics, creativity, and argumentation with game-based learning and practical examples. The adoption of STEM toys in classrooms helps students to synchronize their education and learning activities with industry-specific and job-oriented learning, which is promoting student participation in STEM subjects.

To learn more about the global trends impacting the future of market research, download free sample: https://www.technavio.com/talk-to-us?report=IRTNTR31545

As per Technavio, rising application of AI in STEM toys will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Science, Technology, Engineering, and Mathematics Toys Market: Rising application of AI in STEM toys

Al-powered STEM toys are gaining popularity, particularly among working parents, as these toys act as learning companions for children and can be customized for a range of lessons in core STEM disciplines and coding. Vendors are designing smart STEM toys that can hold intelligent conversations with children owing to the advent of cloud-based artificial intelligence software platforms.

“The rising adoption of STEM toys as teaching aids, strong growth in online sales, and the growing popularity of coding robot toys are some other key factors that are expected to contribute to the growing STEM toys market size during the forecast period,says a senior analyst at Technavio.

Register for a free trial today and gain instant access to 10,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Science, Technology, Engineering, And Mathematics Toys Market: Segmentation Analysis

This market research report segments the global science, technology, engineering, and mathematics toys market by distribution channel (offline channels and online channels and geographical regions (APAC, North America, Europe, MEA, and South America).

The APAC region led the market in 2018, followed by North America, Europe, MEA, and South America respectively. This is because governments in the emerging economies including China, Singapore, and Hong Kong are emphasizing on STEM education from an elementary level to ensure a well-rounded education system.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

Request a free sample report

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Fonte BUSINESS WIRE

Commenti

risposte