Report Detail

Education Global Science, Technology, Engineering and Mathematics (STEM) Toys Market 2019-2023

  • RnM2995360
  • |
  • 21 February, 2019
  • |
  • Global
  • |
  • 119 Pages
  • |
  • Technavio
  • |
  • Education

The science, technology, engineering and mathematics (STEM) toys market size will grow by over USD 914.37 million during 2019-2023. This report offers an analysis of the market based on distribution channel (offline channels and online channels). STEM toys market research report further presents in-depth insights into the growth prospects of the market across geographic regions such as APAC, Europe, MEA, North America, and South America. The report analyzes the market’s competitive landscape and offers information on several companies including Hasbro, Learning Resources, LEGO Group, Mattel, and Spin Master.


Global Science, Technology, Engineering, and Mathematics Toys Industry Overview

The growth of collaborative environment in educational institutions is encouraging the adoption of STEM toys in classrooms. This is one of the critical reasons that will drive the science, technology, engineering and mathematics toys market’s growth. STEM toys provide a context-based learning approach improving students’ participation in STEM subjects. For instance, the Next Generation Science Standards, adopted in the US, encourages curiosity and inquiry for science subjects.


AI-powered STEM toys are gaining prominence among working parents as it offers customizability for a range of lessons in core STEM disciplines and coding. The rising application of AI in STEM toys will drive the market growth at a CAGR of almost 5% during the forecast period. Vendors are designing smart STEM toys using cloud-based artificial intelligence software platforms.


Top STEM toys companies covered in this market research report

The science, technology, engineering, and mathematics toys market is moderately fragmented. By providing a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this science, technology, engineering, and mathematics toys industry analysis report will allow the clients to identify new growth opportunities and design innovative strategies to improve their share in the market.


The report offers a complete analysis of various companies including:


Hasbro  
Learning Resources
LEGO Group
Mattel
Spin Master
STEM toys market segmentation based on geographic regions
APAC
Europe
MEA
North America
South America
APAC will hold the highest market share in the global STEM toy market throughout the forecast period.  The shift from rote learning to context-oriented and example-based learning approaches in countries such as India, China, and Japan is one of the major reasons for high growth of the science, technology, engineering, and mathematics toys market in this region.


STEM toys market segmentation based on distribution channel
Offline channels
Online channels
The offline channels’ segment will account for the highest share of the STEM toys market due to the growing investment in traditional commerce and increased number of specialty stores that provide scientific and educational toys.


Key highlights of the global science, technology, engineering and mathematics (STEM) toys market for the forecast years 2019-2023:
CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will accelerate the growth of the science, technology, engineering, and mathematics (STEM) toys market during the next five years
Precise estimation of global science, technology, engineering and mathematics (STEM) toys market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the science, technology, engineering and mathematics (STEM) toys industry across various geographies such as APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details on factors that will challenge the growth of STEM toys companies 


PART 01: EXECUTIVE SUMMARY

    PART 02: SCOPE OF THE REPORT

    • 2.1 Preface
    • 2.2 Preface
    • 2.3 Currency conversion rates for US$

    PART 03: MARKET LANDSCAPE

      Market ecosystem

        Market characteristics

          Market segmentation analysis

            PART 04: MARKET SIZING

              Market definition

                Market sizing 2018

                  Market size and forecast 2018-2023

                    PART 05: FIVE FORCES ANALYSIS

                      Bargaining power of buyers

                        Bargaining power of suppliers

                          Threat of new entrants

                            Threat of substitutes

                              Threat of rivalry

                                Market condition

                                  PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

                                    Market segmentation by distribution channel

                                      Comparison by distribution channel

                                        Offline channels - Market size and forecast 2018-2023

                                          Online channels - Market size and forecast 2018-2023

                                            Market opportunity by distribution channel

                                              PART 07: CUSTOMER LANDSCAPE

                                                PART 08: GEOGRAPHIC LANDSCAPE

                                                  Geographic segmentation

                                                    Geographic comparison

                                                      APAC - Market size and forecast 2018-2023

                                                        North America - Market size and forecast 2018-2023

                                                          Europe - Market size and forecast 2018-2023

                                                            MEA - Market size and forecast 2018-2023

                                                              South America - Market size and forecast 2018-2023

                                                                Key leading countries

                                                                  Market opportunity

                                                                    PART 09: DRIVERS AND CHALLENGES

                                                                      Market drivers

                                                                        Market challenges

                                                                          PART 10: MARKET TRENDS

                                                                            Introduction of subscription services for STEM toys

                                                                              Growing popularity of coding robot toys

                                                                                Rising application of AI in STEM toys

                                                                                  PART 11: VENDOR LANDSCAPE

                                                                                    Overview

                                                                                      Landscape disruption

                                                                                        Competitive scenario

                                                                                          PART 12: VENDOR ANALYSIS

                                                                                            Vendors covered

                                                                                              Vendor classification

                                                                                                Market positioning of vendors

                                                                                                  Hasbro

                                                                                                    Learning Resources

                                                                                                      LEGO Group

                                                                                                        Mattel

                                                                                                          Spin Master

                                                                                                            PART 13: APPENDIX

                                                                                                              Research methodology

                                                                                                                List of abbreviations


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