What is the market share of spending on curriculum in education?
The market share of spending on curriculum in education can vary depending on the specific context, region, and level of education. However, in general, curriculum materials and resources are a significant portion of education spending.
According to a report by Market Research Future, the global education curriculum market size was valued at USD 91.3 billion in 2019, and is expected to reach USD 147.3 billion by 2027, growing at a CAGR of 6.5% from 2020 to 2027. The report notes that curriculum development and distribution is a major segment of the education industry, with a variety of companies offering educational content and resources to schools, teachers, and students.
In the United States, a report by EdWeek Market Brief found that school districts spend an average of $13 per student on instructional materials, including curriculum resources. In 2019, this translated to a total of $8.8 billion in spending on instructional materials by U.S. school districts.
Overall, while the specific market share of spending on curriculum in education can vary, it is clear that curriculum materials and resources represent a significant portion of education spending globally.
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