Well-Positioned to Drive Personalized Education slide image

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. 12
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