Education Apps Market Rising at 26% CAGR by 2024 | Featuring Key Vendors - Age of Learning, Inc., Alphabet Inc., Duolingo Inc., Edmodo Inc., and Others

News provided by

Mar 04, 2021, 18:00 ET

NEW YORK, March 4, 2021 /PRNewswire/ -- The "Education Apps Market by End-user and Geography - Forecast and Analysis 2020-2024" report has been added to Technavio's offering.

The education apps market is expected to grow by USD 46.88 billion, progressing at a CAGR of about 26% during the forecast period. Get Free Sample Report in MINUTES

The growing demand for STEM-based apps is one of the major factors propelling market growth. However, factors such as data security will hamper the market growth.

What our reports offer:

How businesses can stay relevant
What values are driving customer loyalty
Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
Covers market data for 2020, 2021, until 2025
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations

Education Apps Market: End-user Landscape

Higher education accounts for the largest education apps market share in the end-user segment. Institutions in the higher education segment are increasingly using education apps for assessments, distribution of educational content, sharing of schedules, and other activities. Many students have begun showing keen interest in downloading and using activity tracking apps embedded with learning analytics as these apps play a vital role in providing data-backed information that can improve the overall learning activity. As a result, the growth of the education apps market share by the higher education segment has been significant.

Education Apps Market: Geographic Landscape

APAC accounted for the largest education apps market share in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Factors such as the wide learning base in countries such as India, China, and Japan, the advances in technology in the education sector, and the high adoption rate of education apps will significantly influence education apps market growth in this region. Over 42% of the market's growth will originate from APAC during the forecast period. China is the key market for education apps in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Companies Covered:

Age of Learning Inc.
Alphabet Inc.
Duolingo Inc.
Edmodo Inc.
edX Inc.
Lumos Labs Inc.
MyScript
Quizlet Inc.
Rosetta Stone Ltd.
WizIQ Inc.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Related Reports on Consumer Discretionary Include:
Online Tutoring Market by Courses and Geography - Forecast and Analysis 2020-2024: The online tutoring market size has the potential to grow by USD 132.21 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth. To get extensive research insights: Get FREE Sample Report in Minutes!

Mobile Augmented Reality Market by End-user, Application, and Geography - Forecast and Analysis 2021-2025: The mobile augmented reality market size has the potential to grow by USD 839.97 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 94.13%. To get extensive research insights: Get FREE Sample Report in Minutes!

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Key Topics Covered:

Executive Summary

Market Overview

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by End-user

Market segments
Comparison by End user placement
Higher education - Market size and forecast 2019-2024
Pre K-12 - Market size and forecast 2019-2024
Market opportunity by End user
Customer landscape
Overview

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography

Drivers, Challenges, and Trends

Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher-priced units
Market challenges
Market trends

Vendor Landscape

Overview
Vendor landscape
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Age of Learning, Inc.
Alphabet Inc.
Duolingo Inc.
Edmodo Inc.
edX Inc.
Lumos Labs, Inc.
MyScript
Quizlet Inc.
Rosetta Stone Ltd.
WizIQ Inc.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Report Page: https://www.technavio.com/report/education-apps-market-industry-analysis

SOURCE Technavio