In the coming years, the market size of science, technology, engineering, and mathematics (STEM) toys is expected to grow by USD 8 billion.There will be an increase of $9 billion between 2023 and 2028. It is projected that the market will grow at a CAGR of 8% in the coming years, however.As of the forecast period, 89% of the market share will be achieved. The market is segmented by application (in-home and in-school), age group (9-10 years old, 6-8 years old, and 11-13 years old), subjects (science, engineering, mathematics, and technology), and geography (APAC, North America, Europe, Middle East and Africa, and South America).
 The market is segmented by application (in-home and in-school), age group (9-10 years old, 6-8 years old, and 11-13 years old), subjects (science, engineering, mathematics, and technology), and geography (APAC, North America, Europe, Middle East and Africa, and South America).
As people become more aware of the importance of STEM education in getting students ready for the future careers, the demand for toys that support STEM learning has increased. A growing emphasis on STEM education is the key factor driving market growth. Additionally, factors such as a growing demand for coding and robotics toys also had a significant impact on the market.
As a result of the growing emphasis on STEM education, the market has seen significant growth. There has been an increase in the demand for toys that support STEM learning as more and more people realize that STEM education plays a vital role in preparing students for their future careers. As a matter of fact, the market was also heavily influenced by factors such as the increase in demand for coding and robotics toys.
Highlights of the report include:
The market dynamics are as follows:
The key trend in the industry is: 
The most significant challenge is: 
Segments of a keg include:
Between 2022 and 2027, it is expected that the educational toys market size will grow by USD 16,043.98 million with a compound annual growth rate of 8.7%.
There is a forecast that the inflatable toys market size will grow at a CAGR of 6.02% between the years 2022 and 2027. The market size is forecast to increase by USD 2,043.78 million over this period.
Table of Contents:
An Exclusive Summary of the Event
An overview of the market
The size of the market
Market sizes in the past
Analysis of the Five Forces
Segmentation of the market based on application
Segmentation of the market by age group
Segmentation of the market by subject
Geography-based segmentation of the market
An overview of the customer landscape
A description of the geographical landscape
Trends, Challenges, & Drivers of the Industry
An overview of the company's landscape
Analyses of the company
The appendix
An overview of Technavio's services
The global leader in technology research and advisory is Technavio. As a result of their research and analysis, businesses are able to identify market opportunities and develop effective strategies in order to optimize their positions in the market by providing actionable insights into emerging market trends.
The Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries, and it contains reports written by over 500 specialized analysts.. They have a large client base, including more than 100 Fortune 500 companies as well as enterprises of all sizes. In order to identify opportunities and assess their competitive positions within changing market scenarios, this growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights in order to identify opportunities in existing and proposed markets and assess their competitive positions within these markets.
In order to identify opportunities and assess their competitive positions within changing market scenarios, this growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights in order to identify opportunities in existing and proposed markets and assess their competitive positions within these markets.
Contact information
Jesse Maida, Media & Marketing Executive at Technavio Research, U.S.: +1 844 364 1100, U.K.: +44 203 893 3200Email: [email protected]Website: www.technavio.com
The source is Technavio
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