Education Apps Market Analysis, Vendors are Launching New Products - Technavio
The education apps market size is expected to grow by USD 70.55 billion from 2021 to 2026, and the growth momentum of the market will decelerate at a CAGR of 27.49%.
NEW YORK, July 13, 2022 /PRNewswire/ -- The education apps market will be led by APAC during the forecast period. The region will account for 41% of the market's growth during the forecast period. This growth is attributed to factors such as increasing awareness about education apps, growing internet penetration, adoption of smartphones, increasing emphasis on technology by educational institutions, and favorable government initiatives. However, this region will experience slower growth when compared to other regions. China and Australia are the key countries for the education apps market in APAC.
The education apps market forecast report market includes a detailed examination of key vendor insights, the latest drives and challenges, and potential future trends. According to our analysis, the education apps market is fragmented. The market is becoming more competitive due to evolving standards, significant changes in smart technologies, raising product awareness among end-users, and the launch of new products. Hence, vendors are focusing on launching innovative products. Some of the key vendors operating in the market include Alphabet Inc., Duolingo Inc., Edmodo, edX Inc., and Lumos Labs Inc.
The education apps market analysis report provides a full list of key vendors, their strategies, and the latest developments. Request a PDF Sample - https://www.technavio.com/talk-to-us?report=IRTNTR41164&type=sample&rfs=epd&src=report
- Market Landscape
- Key regions and countries
- Overall market growth and forecast
- Market sizing methodology
- List of exhibits and table of contents
- Threat of Substitutes
There were few substitutes for education apps in 2020. However, the rising number of massive open online courses (MOOCs), free education apps, website content, and several other interactive software pose a challenge to the market. This will make the threat of substitutes high during the forecast period.
Market Split by End-user
- Higher education
- Pre K-12
Market Split by Geography
- APAC
- Europe
- North America
- South America
- MEA
Learn about the contribution of each segment of the education apps market, summarized in concise infographics and thorough descriptions. View a PDF Sample Report - https://www.technavio.com/talk-to-us?report=IRTNTR41164&type=sample&rfs=epd&src=report
The growing demand for STEM-based apps is driving the global education apps market growth. App developers are creating numerous apps for the STEM segment. For instance, apps such as Hopscotch and Lightbot help students understand coding technology better. Moreover, there is a shortage of STEM workers in the US.
Rising focus on wearable technology is one of the trends in the market. Wearable devices help students in learning through apps. For instance, Google Glass helps students take notes, gain VR experience, bookmark important messages, and view classroom content.
Apart from the rising focus on wearable technology, many other trends are also shaping the future of the market. To learn about these trends, View PDF Sample Report - https://www.technavio.com/talk-to-us?report=IRTNTR41164&type=sample&rfs=epd&src=report
- CAGR of the market during the forecast period 2022-2026
- Elaborate information on factors that will help or hinder education apps market growth during the next five years
- Estimation of the parent market and its analysis
- Projections on upcoming trends and changes in consumer behavior
- Detailed information on vendors, including key offerings and news
E-learning Market by End-users and Geography - Forecast and Analysis 2022-2026 - https://www.technavio.com/report/e-learning-market-industry-analysis
M-learning Market by End-user and Geography - Forecast and Analysis 2022-2026 - https://www.technavio.com/report/m-learning-market-industry-analysis
Education Apps Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2021 |
Forecast period | 2022-2026 |
Growth momentum & CAGR | Decelerate at a CAGR of 27.49% |
Market growth 2021-2025 | USD 70.55 billion |
Market structure | Fragmented |
YoY growth (%) | 29.98 |
Regional analysis | APAC, Europe, North America, South America, and MEA |
Performing market contribution | APAC at 41% |
Key consumer countries | US, UK, China, Germany, and Australia |
Competitive landscape | Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled | Age of Learning Inc., Alphabet Inc., Duolingo Inc., Edmodo, edX Inc., Lumos Labs Inc., MyScript, Quizlet Inc., Rosetta Stone Ltd., and WizIQ Inc. |
Market dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market Characteristics
2.2 Value chain analysis
Exhibit 03: Value chain analysis: Education services
2.2.1 Inputs
2.2.2 Operations
2.2.3 Connecting and innovating
2.2.4 Marketing and sales
2.2.5 Support activities
2.2.6 Innovations
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition - Five forces 2020
5. Market Segmentation by End-user
5.1 Market segments
The segments covered in this chapter are:
- Higher education
- Pre K-12
Exhibit 15: End-user - Market share 2020-2025 (%)
5.2 Comparison by End-user
Exhibit 16: Comparison by End-user
5.3 Higher education - Market size and forecast 2020-2025
Exhibit 17: Higher education - Market size and forecast 2020-2025 ($ billion)
Exhibit 18: Higher education - Year-over-year growth 2020-2025 (%)
5.4 Pre K-12 - Market size and forecast 2020-2025
Exhibit 19: Pre K-12 - Market size and forecast 2020-2025 ($ billion)
Exhibit 20: Pre K-12 - Year-over-year growth 2020-2025 (%)
5.5 Market opportunity by End-user
Exhibit 21: Market opportunity by End-user
6. Customer landscape
6.1 Overview
Exhibit 22: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
The regions covered in the report are:
- APAC
- Europe
- North America
- South America
- MEA
Exhibit 23: Market share by geography 2020-2025 (%)
7.2 Geographic comparison
Exhibit 24: Geographic comparison
7.3 APAC - Market size and forecast 2020-2025
Exhibit 25: APAC - Market size and forecast 2020-2025 ($ billion)
Exhibit 26: APAC - Year-over-year growth 2020-2025 (%)
7.4 Europe - Market size and forecast 2020-2025
Exhibit 27: Europe - Market size and forecast 2020-2025 ($ billion)
Exhibit 28: Europe - Year-over-year growth 2020-2025 (%)
7.5 North America - Market size and forecast 2020-2025
Exhibit 29: North America - Market size and forecast 2020-2025 ($ billion)
Exhibit 30: North America - Year-over-year growth 2020-2025 (%)
7.6 South America - Market size and forecast 2020-2025
Exhibit 31: South America - Market size and forecast 2020-2025 ($ billion)
Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
7.7 MEA - Market size and forecast 2020-2025
Exhibit 33: MEA - Market size and forecast 2020-2025 ($ billion)
Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
7.8 Key leading countries
Exhibit 35: Key leading countries
7.9 Market opportunity by geography
Exhibit 36: Market opportunity by geography ($ billion)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Growing demand for STEM-based apps
8.1.2 Growing government initiatives
8.1.3 Increase in penetration of phone Internet
8.2 Market challenges
8.2.1 Data security
8.2.2 High cost of interoperability and OS fragmentation
8.2.3 High competition from MOOCs
Exhibit 37: Impact of drivers and challenges
8.3 Market trends
8.3.1 Growing focus on wearable technology
8.3.2 Rising demand for game-based learning
8.3.3 Increase in the integration of apps
8.3.4 Growing emphasis on technology-based course delivery
8.3.5 Blended learning through AR
9. Vendor Landscape
9.1 Overview
Exhibit 38: Vendor landscape
9.2 Landscape disruption
Exhibit 39: Landscape disruption
Exhibit 40: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 41: Vendors covered
10.2 Market positioning of vendors
Exhibit 42: Market positioning of vendors
10.3 Age of Learning Inc.
Exhibit 43: Age of Learning Inc. - Overview
Exhibit 44: Age of Learning Inc. - Product and service
Exhibit 45: Alphabet Inc. - Key news
Exhibit 46: Age of Learning Inc. - Key offerings
10.4 Alphabet Inc.
Exhibit 47: Alphabet Inc. - Overview
Exhibit 48: Alphabet Inc. - Business segments
Exhibit 49: Alphabet Inc. - Key offerings
Exhibit 50: Alphabet Inc. - Segment focus
10.5 Duolingo Inc.
Exhibit 51: Duolingo Inc. - Overview
Exhibit 52: Duolingo Inc. - Product and service
Exhibit 53: Duolingo Inc. - Key offerings
10.6 Edmodo
Exhibit 54: Edmodo - Overview
Exhibit 55: Edmodo - Product and service
Exhibit 56: Edmodo - Key offerings
10.7 edX Inc.
Exhibit 57: edX Inc. - Overview
Exhibit 58: edX Inc. - Product and service
Exhibit 59: edX Inc. - Key news
Exhibit 60: edX Inc. - Key offerings
10.8 Lumos Labs Inc.
Exhibit 61: Lumos Labs Inc. - Overview
Exhibit 62: Lumos Labs Inc. - Key offerings
10.9 MyScript
Exhibit 63: MyScript - Overview
Exhibit 64: MyScript - Product and service
Exhibit 65: MyScript - Key offerings
10.10 Quizlet Inc.
Exhibit 66: Quizlet Inc. - Overview
Exhibit 67: Quizlet Inc. - Product and service
Exhibit 68: Quizlet Inc. - Key news
Exhibit 69: Quizlet Inc. - Key offerings
10.11 Rosetta Stone Ltd.
Exhibit 70: Rosetta Stone Ltd. - Overview
Exhibit 71: Rosetta Stone Ltd. - Business segments
Exhibit 72: Rosetta Stone Ltd. - Key news
Exhibit 73: Rosetta Stone Ltd. - Key offerings
Exhibit 74: Rosetta Stone Ltd. - Segment focus
10.12 WizIQ Inc.
Exhibit 75: WizIQ Inc. - Overview
Exhibit 76: WizIQ Inc. - Product and service
Exhibit 77: WizIQ Inc. - Key offerings
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 78: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 79: Research Methodology
Exhibit 80: Validation techniques employed for market sizing
Exhibit 81: Information sources
11.4 List of abbreviations
Exhibit 82: List of abbreviations
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