NEW YORK, Oct. 11, 2023 /PRNewswire/ — The education apps market is estimated to grow by USD 124.78 billion from 2022 to 2027, growing at a CAGR of 28.61%. The education apps market is fragmented owing to the presence of many global and regional companies. A few prominent companies that offer education apps market are Age of Learning Inc., Alphabet Inc., Babbel GmbH, BenchPrep, Blackboard Inc., BrainPOP, Coursera Inc., Duolingo Inc., Educomp Solutions Ltd., edX LLC, Epic Creations Inc., Hologo World Inc., Khan Academy Inc., Lumos Labs, MyScript, Quizlet Inc., Rosetta Stone Ltd., Think and Learn Pvt. Ltd., Vedantu Innovations Pvt. Ltd., and WizIQ Inc. The report provides a full list of key companies, their strategies, and the latest developments. Download Free Sample before buying

Company Offering:

• Age of Learning Inc. – The company offers education apps such as My Reading Academy.
• Alphabet Inc. – The company offers education apps such as Google Classroom.
• Babbel GmbH – The company offers education apps such as the Babbel app.
• For details on companies and their offerings – Buy the report!

By Geography, the market is classified as APAC, Europe, North America, South America, Middle East and Africa. 

• APAC is projected to contribute 41% by 2027. The growth in the number of consumers, more awareness about education applications such as apps for smartphones, increased internet penetration, rising emphasis on technology by universities, and favorable government initiatives have all contributed to this. Hence, these factors are expected to drive segment growth during the forecast period.

 Download free sample report to get more insights on the market share of various regions and the contribution of the segments.

• Impactful driver- Growing government initiatives
• Key Trend – Growing focus on wearable technology
• Major Challenges – Data security issues

 Market Segmentation

• By End-user, the market is classified into higher education and pre-k-12. The market share growth by the higher education segment will be significant during the forecast period. A number of educational apps have emerged as a result of technological developments, including Augmented and Virtual Reality, in particular for students who seek to pursue studies related to health sciences and engineering that require an intensive learning experience. Furthermore, the inclusion of educational applications is becoming an integral part of their marketing strategy for colleges and universities, particularly from developed regions. Hence, these factors are expected to drive market growth in the region during the forecast period.

Technavio Research experts have provided more insights on the market share of segments – View Free Sample Report

Related Reports

The Europe-E-learning market size is estimated to grow at a CAGR of 15.68% between 2023 and 2027. The market size is forecast to increase by USD 49.81 billion.

The smart education market size is estimated to grow at a CAGR of 17.98% between 2022 and 2027. The market size is forecast to increase by USD 353.17 billion.

TOC:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by End-user

7 Market Segmentation by Component

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Company Landscape

12 Company Analysis

13 Appendix

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 US:

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

SOURCE Technavio