STEM Toys Market Size to Reach Revenues of USD 9.5 Billion by 2025 - Arizton

CHICAGO, Dec. 8, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global STEM toys market report.

The STEM toys market is expected to grow at a CAGR of over 7% during the period 2019−2025.

Key Insights:  

1. The analysis of the market forecasts that the industry will witness 1.5 times growth during the forecast period.
2. The increasing popularity of high-end construction and engineering, circuits and electricity, DIY projects, robotics & coding, AI, and sensor-based interactive toys are increasing the 12+ years age group segment's market growth.
3. The science segment is expected to pose an absolute growth of 44% during the forecast period. Europe and North America are likely to grow at impressive growth rates.
4. Like board games, engineering toys are used for the development of strategic and building skills among teenagers and are expected to grow at a CAGR of close to 7%.
5. The concept of toy subscription features from Amazon has been a gamechanger in online distribution models. Amazon, eBay, Best Buy, JD.com, and Alibaba are online retailers.
6. North America was the largest STEM toys market with a share of contributed over 33% in 2019. Factors such as a high spending power among millennials, inclination toward interactive electronic games, and high urbanization drive the growth of the educational toys market in North America.

Key Offerings:

• Market Size & Forecast by Revenue | 2019−2025
• Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation – A detailed analysis by age group, category, distribution, and geography
• Competitive Landscape – 10 key vendors and 22 other vendors

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STEM Toys Market – Segmentation

STEM Toys Market by Age Group 

• 0–3 years
• 3–8 years
• 8–12 years
• 12+ years

STEM Toys Market by Categories 

• Science
• Technology
• Engineering
• Mathematics

STEM Toys Market by Distribution

• Online
• Offline
• Supermarkets & Hypermarkets
• Departmental Stores
• Specialty Stores
• Others

STEM Toys Market by Geography