Analysis on Impact of Covid-19- Science, Technology, Engineering and Mathematics (STEM) Toys Market 2020-2024 | Introduction of Subscription Services for STEM Toys to Boost Growth | Technavio

LONDON–()–Technavio has been monitoring the science, technology, engineering and mathematics (STEM) toys market and it is poised to grow by USD 473.78 million during 2020-2024, progressing at a CAGR of over 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Elenco Electronics Inc., Hasbro Inc., Johnco Productions Pty Ltd., Learning Resources Ltd., LEGO SySTEM AS, Mattel Inc., Melissa & Doug LLC, Ravensburger AG, Smartivity Labs Pvt. Ltd., and Spin Master Corp. are some of the major market participants. The introduction of subscription services for STEM toys will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Introduction of subscription services for STEM toys has been instrumental in driving the growth of the market.

Science, Technology, Engineering and Mathematics (STEM) Toys Market 2020-2024: Segmentation

Science, Technology, Engineering and Mathematics (STEM) Toys Market is segmented as below:

  • Distribution Channel
  • Geography

    • APAC
    • North America
    • Europe
    • MEA
    • South America

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Science, Technology, Engineering and Mathematics (STEM) Toys Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our science, technology, engineering and mathematics (STEM) toys market report covers the following areas:

  • Science, Technology, Engineering and Mathematics (STEM) Toys Market Size
  • Science, Technology, Engineering and Mathematics (STEM) Toys Market Trends
  • Science, Technology, Engineering and Mathematics (STEM) Toys Market Industry Analysis

This study identifies the growing popularity of coding robot toys as one of the prime reasons driving the science, technology, engineering and mathematics (STEM) toys market growth during the next few years.

Science, Technology, Engineering and Mathematics (STEM) Toys Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the science, technology, engineering and mathematics (STEM) toys market, including some of the vendors such as Elenco Electronics Inc., Hasbro Inc., Johnco Productions Pty Ltd., Learning Resources Ltd., LEGO SySTEM AS, Mattel Inc., Melissa & Doug LLC, Ravensburger AG, Smartivity Labs Pvt. Ltd., and Spin Master Corp. Backed with competitive intelligence and benchmarking, our research reports on the science, technology, engineering and mathematics (STEM) toys market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Science, Technology, Engineering and Mathematics (STEM) Toys Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist science, technology, engineering and mathematics (STEM) toys market growth during the next five years
  • Estimation of the science, technology, engineering and mathematics (STEM) toys market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the science, technology, engineering and mathematics (STEM) toys market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of science, technology, engineering and mathematics (STEM) toys market vendors

Table Of Contents:

Executive Summary

Market Landscape

  • Market ecosySTEM
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline – Market size and forecast 2019-2024
  • Online – Market size and forecast 2019-2024
  • Market opportunity by Distribution channel

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2019-2024
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Elenco Electronics Inc.
  • Hasbro Inc.
  • Johnco Productions Pty Ltd.
  • Learning Resources Ltd.
  • LEGO SySTEM AS
  • Mattel Inc.
  • Melissa & Doug LLC
  • Ravensburger AG
  • Smartivity Labs Pvt. Ltd.
  • Spin Master Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus 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 17,000 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.

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