Education Apps Market Size to Grow by USD 70.55 Bn| 41% of the growth to originate from APAC| Technavio
NEW YORK, April 6, 2022 /PRNewswire/ -- According to the research report, Education Apps Market witnessed a YOY growth of 29.98% in 2021 at a CAGR of 27.49% during the forecast period. The report is segmented by end-user (higher education and pre-K-12) and geography (APAC, Europe, North America, South America, and MEA). Education apps market expansion in APAC will be aided by raising awareness of educational apps and favorable government efforts over the forecast period.
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Vendor Insights
Education Apps Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Age of Learning Inc.
- Alphabet Inc.
- Duolingo Inc.
- Edmodo
- edX Inc.
- Lumos Labs Inc.
- MyScript
- Quizlet Inc.
- Rosetta Stone Ltd.
- WizIQ Inc.
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Geographical Market Analysis
APAC will provide maximum growth opportunities in Education Apps Market during the forecast period. According to our research report, the region will contribute to 41% of the global market growth. Education apps market expansion in APAC will be aided by raising awareness of educational apps, rising internet penetration, smartphone use, increased emphasis on technology by educational institutions, and favorable government efforts over the forecast period.
Furthermore, countries such as the US, UK, China, Germany, and Australia are expected to emerge as prominent markets for Education Apps Market during the forecast period.
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Education apps market 2022-2026: Segmentation
Education apps market is segmented as below:
- End-user
- Higher Education
- Pre-K-12
- Geographic Landscape
- APAC
- Europe
- North America
- South America
- MEA
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Key Market Trend & Challenges:
One of the significant education apps market trends that is likely to favorably impact the industry in the projected period is a growing focus on wearable technology. Users have been urged to embrace wearable gadgets that enhance learning through applications due to the potential of storing data in the cloud. Wearable devices' capacity to connect to smartphones and other electronic devices has expanded their market share in the global education app market. Furthermore, these technologies aid in the monitoring of learning and its outcomes.
However, data security concerns are one of the major roadblocks to the worldwide education app market's growth.
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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 | $ 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
Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
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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