Education Apps Market 2023 Size, Share, Trends | Report 2028. According to IMARC Group’s latest report, titled “Education Apps Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global education apps market is expected to exhibit a CAGR of 25.1% during 2023-2028.
Education apps are revolutionizing the learning process and making it more accessible, efficient, and personalized for students and teachers alike. These apps are designed to integrate learning management systems and are utilized in the educational environment to reinforce virtual teaching and self-learning practices.
Education apps comprise video-based and interactive content, testing knowledge, gamification, live tutorials and sessions, and personalized experiences, offering enhanced efficiency, place flexibility, time-saving, productivity, sustainability, convenience, and availability.
At present, education apps are gaining traction across the globe as they provide a quick way of learning, support teacher-parent interactive sessions, and focus on skill development.
The demand for education apps is on the rise due to several factors such as rapid digitization, increasing sales of smart devices like smartphones, tablets, and laptops, and rising penetration of high-speed internet connectivity. The growing awareness about the benefits of e-learning solutions and the expanding number of education apps is also contributing to the market growth.
Moreover, the increasing adoption of Science, Technology, Engineering, and Mathematics (STEM) based education apps is bolstering the market growth.
Artificial intelligence (AI), machine learning (ML), the internet of things (IoT), virtual reality (VR), augmented reality (AR), adaptive learning, and cloud computing solutions are being integrated with education apps to track records remotely. This, in turn, is providing lucrative growth opportunities to key players operating in the industry.
Furthermore, leading market players are focusing on introducing specialized mobile education apps with interactive and assistive modules, such as speech recognition and touch-based sensing features, for differently-abled students. They are also launching foreign language e-learning apps for educational and employment purposes, creating a positive outlook for the market.
The deployment of e-books to improve the reading experience and enable readers to search for keywords and add notes and hyperlinks as compared to their conventional counterparts is propelling the market growth. Investments in research and development (R&D) projects to launch educational apps with more enhanced features is expected to strengthen the growth of the market.
List of Key Companies Covered in this Market Report:
Key companies operating in the education app market include
- Age of Learning, Inc.,
- Blackboard Inc.,
- BrainPOP LLC,
- BYJU’S (Think and Learn Pvt. Ltd.),
- Coursera, Inc.,
- Duolingo Inc.,
- Edmodo, Inc.,
- Educomp Solutions Ltd (NSE: EDUCOMP),
- Edx Inc.,
- Khan Academy Inc.,
- Lesson Nine GmbH,
- Lumos Labs, Inc.,
- Rosetta Stone Inc., and
- WizIQ, Inc.
The market for education apps is segmented based on product type, operating system, end-user, and geography. The product types include web-based and mobile-based. The operating systems include iOS and MacOS, Android, and Windows.
About IMARC Group
The report on the education apps market by IMARC Group covers the market on the basis of product type, operating system, end-user, and geography. The market is segmented into web-based and mobile-based products, with iOS and MacOS, Android, and Windows being the primary operating systems.
The education apps are used in K-12 Education, Higher Education, and Business Institutions, and the market is divided into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa on the basis of geography.
The end-users comprise K-12 education, higher education, and business institutions. Geographically, the market is segmented into North America (United States, Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others), Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others), Latin America (Brazil, Mexico, Others), and the Middle East and Africa.
In conclusion, education apps have transformed the way people learn and acquire knowledge. With technological advancements, the market for education apps is expected to grow significantly in the coming years. The education app market is highly competitive, with key players focusing on R&D activities to launch innovative products and gain a competitive edge.