NEW YORK, Sept. 7, 2021 /PRNewswire/ -- The global education apps market size is expected to grow by $ 70.55 bn during 2021-2025, decelerating at a CAGR of 27.49% during the forecast period.
NEW YORK, Sept. 7, 2021 /PRNewswire/ -- The global education apps market size is expected to grow by $ 70.55 bn during 2021-2025, decelerating at a CAGR of 27.49% during the forecast period.
The growing demand for STEM-based apps, surging government initiatives, and increasing penetration of phone internet are some of the major factors propelling the market growth. However, factors such as data security, high cost of interoperability and OS fragmentation, and high competition from MOOCs might hinder the growth.
More details: www.technavio.com/report/education-apps-market-industry-analysis
Education Apps Market: End-user Analysis
The market is segmented by end-user into Higher education and Pre K-12 users. The higher education segment will lead the market share during the forecast period due to the growing number of colleges and universities across the globe switching from offline to digital or online classes to contain the spread of the pandemic.
Education Apps Market: Geographic Landscape
In terms of geography, the market is segmented into fast-growing and slow-growing economies. 41% of the market's growth will originate from APAC during the forecast period with China and Australia emerging as the key revenue-generating economies for the education apps market in the region. The growth can be attributed to factors including the increasing awareness about education apps, growing Internet penetration, the adoption of smartphones in emerging as well as advanced economies of the region.
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Education Apps Market 2021-2025: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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