DUBLIN, September 23, 2021--(BUSINESS WIRE)--The "PreK-12 Instructional Materials Industry Competitive Analysis, 2021" report has been added to ResearchAndMarkets.com's offering.
PreK-12 Instructional Materials Industry Competitive Analysis, 2021 focuses on measurable ways of understanding how providers of instructional materials, tools and services fared in the tumultuous year from spring 2020 into spring 2021.
The COVID-19 pandemic impacted almost every aspect of the delivery of education in the U.S. How companies that provide instructional resources are responding to the changing needs of K-12 schools is defining how those businesses are progressing into a new more digital future.
The industry response to that changing need is the focus of the report PreK-12 Instructional Materials Industry Competitive Analysis, 2021.
The report examines how providers of instructional materials for schools are faring in light of the impacts of the pandemic.
Initially in spring 2020, when schools closed, business communication between companies and schools shut down as well. Both the schools and the providers of instructional materials, tools and other resources pivoted.
Initially, demand for online products and services increased sharply. Ed tech companies had an edge in seizing the opportunity, but even traditional publishers were able to capitalize and expand their digital products and services.
As the industry moved back to offering paid resources and services from the initial offering of free resources for schools and parents, school demand did not slack.
"Throughout 2020 and well into 2021 companies were seeing demand for online products and services increase sharply," said Kathy Mickey, managing editor of the Education Group.
Yes, revenue was down in 2020, but operating costs were, too. Collectively, the 10 representative companies highlighted in the report had a 4.9% decline in revenue in 2020 but a 4% increase in operating income.
PreK-12 Instructional Materials Industry Competitive Analysis, 2021 highlights initiatives taken by the industry in response to the pandemic's effects on schools, the impact on public company stocks and on mergers and acquisition activity in the industry. The report includes brief strategic profiles of 12 leading providers of K-12 instructional resources.
Key Topics Covered:
Operating Performance in the Year of COVID- 19
What Companies Did
Thinking about Fall 2020
Houghton Mifflin Harcourt
AAP: Education Net Sales Down 12% in 2020
Stockwatch Reflects Difficult Year in 2020
Digital Expansion Drives 2020 M&A Activity
Traditional Leaders Reshape Their Businesses
Technology as Acquisition Driver
M&A Pace Accelerates in H1 2021
For more information about this report visit https://www.researchandmarkets.com/r/y4l4e6
View source version on businesswire.com: https://www.businesswire.com/news/home/20210923005779/en/
Laura Wood, Senior Press Manager
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