Skip to main content

STEM Toy Market: Recent Industry Developments and Growth Strategies Adopted by Players 2027

STEM Toy Market  

Global STEM Toy Market: Introduction
  • STEM toys, a type of smart toys are science, technology, engineering, and math-based toys that help to increase curiosity of learning new things and aid education of students. STEM toys increase the focus of learning in one of the four subjects i.e. science, technology, engineering, and math. The changing learning approach in educational institutes from traditional exams to a concept-oriented approach is playing a major role in the growth of the STEM toy market.
Global STEM Toy Market: Dynamics
  • Rising implementation of AI in STEM Toys
    • Artificial intelligence (AI) based STEM toys are gaining popularity in the gaming industry. AI-based STEM toys offer a range of lessons in core STEM disciplines and coding. It provides a practical, hands-on learning approach to students or kids that helps them to grasp basic concepts in core disciplines such as mathematics and science. These toys enable students and teachers to relate to core concepts of education such as critical thinking, statistics, creativity, providing game-based learning and realtime examples. Market players are developing smart STEM toys using cloud-based artificial intelligence software platforms.
Planning To Lay Down Future Strategy? Request Sample https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=76701

North America Led the Global Market in 2019
  • Based on region, the global STEM toy market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • North America held a dominant share of the global STEM toy market in 2019. It is expected to continue its dominance throughout the forecast period. The U.S. and Canada are the major countries that drive the market in this region. Significant presence of market leaders such as Hasbro, Inc. Mattel, Inc., Anki, Inc, Ozobot, and Evollve, Inc. and high consumer expenditure are some of the key factors which provide a dominant position to the North America region in the global STEM toy market.
  • The STEM toy market in Asia Pacific is expected to expand at the maximum CAGR during the forecast period. India, China, Japan, and Australia are major countries of the STEM toy market in the region. Increasing government initiatives to provide STEM education to students from an elementary level to make an advance education system become one of the key factor for the growth of the market in this region.
Request For COVID19 Impact Analysis Across Industries And Markets - STEM Toy Market

Key Players Operating in the Global Market
Key players operating in the global STEM toy market are listed below:
  • Hasbro, Inc.
  • Learning Resources Ltd
  • LEGO Group
  • Mattel, Inc.
  • Spin Master Ltd
  • Anki, Inc
  • Ozobot & Evollve, Inc.
  • Valtech, LLC
More Trending Reports by Transparency Market Research –  

Comments

Popular posts from this blog

Lipid Profile Market: Information, Figures And Analytical Insights 2027 | Abbott., Akers Biosciences, Inc., Beckman Coulter

Emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed apparently while generating this credible  Lipid Profile Market  analysis report. It helps customers or other market participants to be aware of the problems they may face while operating in the Lipid Profile industry over a longer period of time. The market data is analysed and forecasted using well established market statistical and coherent models. The global Lipid Profile business report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The scope of this Lipid Profile Market report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The data collected to structur...

Washer System for Vehicle Market: Key Players and Production Information analysis

The washer system used in vehicles is a vital convenience and safety feature. The washer system removes the dirt and water and improves the visibility to aid driver. The washer system consist of a water tank, water pump, wiper arms, motor and other components. Technological advancements has led to development of headlight washer technologies with the conventional windshield washer system. The windshield washer system is mandatory across all the regions, with differences in wiping area. The demand for optimal visibility has led to rise in wiper blade trends and evolution of beam blade and hybrid blade. Luxury vehicles such as Mercedes has started using integrated blades with water jets. The use of this technology allows saving space and light weighting of the vehicle as it consumes less water and permits vehicle to have a smaller washer tank. The washer system with integrated jets cleanse the windshield without any smudge and obtains better visibility. Read Comprehensive Overview of R...

Cryptocurrency Market: Opportunity Analysis and Industry Forecast Up To 2025

  The growing popularity of digital currency has played an integral role in driving sales across the global  cryptocurrency market.  The use of digital ledgers and blockchain technology across the financial space has emerged as an important dynamic of market growth. Moreover, investments in various forms of cryptocurrency have led to market growth and maturity. Several industry analysts consider cryptocurrency as a lucrative digital currency that could revolutionize the area of transactions. The availability of digital ledgers floating across the cryptocurrency ecosystem has helped in reconciling the use of this currency. Considering the factors stated above, it is legit to believe that the global cryptocurrency market would gain momentum in the times of follow. Transparency Market Research (TMR), in it report, predicts that the global cryptocurrency market would grow at a boisterous CAGR of 31.30% over the period between 2017 and 2025. The total value of the glo...