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Education Apps Market Analysis, Vendors are Launching New Products - Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Jul 13, 2022, 09:05 ET

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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. 

Technavio has announced its latest market research report titled Education Apps Market by End-user and Geography - Forecast and Analysis 2022-2026
Technavio has announced its latest market research report titled Education Apps Market by End-user and Geography - Forecast and Analysis 2022-2026

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

This sample will also cover the following information
  • Market Landscape
  • Key regions and countries 
  • Overall market growth and forecast 
  • Market sizing methodology
  • List of exhibits and table of contents
 Porter's Five Forces Analysis
  • 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 Segmentation

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

Key Drivers and Trends

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

Key highlights of the education apps market
  • 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
Similar Reports

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

 About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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/

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