DUBLIN – (COMMERCIAL THREAD) – The “PreK-12 Educational Materials Industry Competitive Analysis, 2021” report has been added to ResearchAndMarkets.com offer.
The PreK-12 Educational Materials Industry Competitive Analysis, 2021 focuses on measurable ways to understand how providers of educational materials, tools and services have fared during the tumultuous year of the spring 2020 to spring 2021.
The COVID-19 pandemic has impacted almost every aspect of the delivery of education in the United States. How companies that provide educational resources meet the changing needs of K-12 schools defines how these companies are moving into a new, more digital future.
The industry’s response to this changing need is at the center of the report PreK-12 Educational Materials Industry Competitive Analysis, 2021.
The report examines how providers of educational materials for schools are doing in light of the impacts of the pandemic.
Initially, in the spring of 2020, when schools closed, commercial communication between businesses and schools was also cut off. Schools and providers of educational materials, tools and other resources have pivoted.
Initially, the demand for online products and services increased sharply. Education technology companies had an advantage to seize the opportunity, but even traditional publishers were able to capitalize and expand their digital products and services.
While the industry has reverted to offering paid resources and services compared to the initial offering of free resources to schools and parents, the demand for schools has not weakened.
“Throughout 2020 and into 2021, businesses have seen demand for online products and services increase sharply,” said Kathy Mickey, editor-in-chief of the Education group.
Yes, revenues were down in 2020, but so were operating costs. Collectively, the 10 representative companies highlighted in the report saw a 4.9% drop in revenue in 2020 but a 4% increase in operating revenue.
PreK-12 Educational Materials Industry Competitive Analysis, 2021 highlights initiatives taken by the industry in response to the effects of the pandemic on schools, the impact on public company stocks and on mergers and acquisitions in the industry. The report includes brief strategic profiles of 12 leading providers of K-12 educational resources.
Main topics covered:
Operational performance in the year of COVID-19
What companies have done
Thinking about fall 2020
Houghton Mifflin Harcourt
AAP: decrease in net sales of education by 12% in 2020
Stockwatch reflects difficult year in 2020
Digital expansion drives M&A activity in 2020
Traditional leaders are reshaping their businesses
Technology as a driver of acquisition
The pace of mergers and acquisitions accelerates in the first half of 2021
For more information on this report, visit https://www.researchandmarkets.com/r/y4l4e6