Well-Positioned to Drive Personalized Education
The K-12 Education
Market is Large
& Expanding
HIGHLY RESILIENT and
Growing End-Market
3RD-HIGHEST discretionary
spend category by the United
States Government
>$7B OF US/CANADA K-12 IT
spending is allocated towards
software and IT services²
COVID-19 HAS DRAWN MORE
ATTENTION to education and the
technology gap, with an expected
growth in K-12 funding
U.S. K-12 Total Expenditures¹
$811B
$783B
$757B
$732B
$670B
$692B
$709B
$644B
2018
2019
2020
2021
2022
2023
2024
2025
External IT Spending in U.S.
and Canada K-12 Schools²
>7% CAGR
$18.0B
$16.5B
$15.3B
$14.8B
$13.9B
$12.6B
$11.8B
$10.8B
2018
2019
2020
2021
2022
2023
2024
2025
1 U.S. Department of Education National Center for Education Statistics: Project of Education Statistics. Represents unadjusted (or "current") dollars that have not been
adjusted to compensate for inflation.
PowerSchool
2 Gartner.
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