Education Apps Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR41164
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The education apps market has the potential to grow by USD 70.55 billion during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 27.49%.

This education apps market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (higher education and pre K-12) and geography (APAC, Europe, North America, South America, and MEA). The education apps market report also 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., and WizIQ Inc. among others.

What will the Education Apps Market Size be in 2021?

Education-Apps-Market-Market-Size-2020-2025

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Education Apps Market: Key Drivers and Trends

The growing demand for STEM-based apps is notably driving the education apps market growth, although factors such as concerns about data security may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the education apps industry get your FREE report sample now.

  • The growing demand for STEM-based apps will fuel the growth of the education apps market size.
  • The increasing job opportunities in STEM fields are encouraging students to opt for STEM subjects and encouraging learners to install STEM-based education apps that can prepare them for the job market. 
  • Globally, both developing and developed countries are emphasizing improving STEM education systems due to growing opportunities in these streams.
  • The increasing number of projects on STEM subjects is creating demand for STEM-based apps.
  • Emerging app developers are investing in creating numerous apps for the STEM segment. 
  • The rising preference for wearable technology has been identified as one of the key educational apps market trends.
  • The use of wearable technology will provide a platform for students and instructors to share ideas and implement processes.
  • The ability to integrate wearable devices with smartphones and the growing preference for cloud data storage will drive the adoption of wearable technology in the education industry.
  • The above will induce companies to focus on introducing innovative products that, when connected to educational apps, will facilitate collaborative learning.

This education apps market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Education Apps Market Vendors?

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.

 

The education apps market is fragmented and the vendors are deploying growth strategies such as focusing on launching new and innovative products and technological developments to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the education apps market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Education Apps Market?

Education-Apps-Market-Market-Share-by-Region-2020-2025

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41% of the market’s growth will originate from APAC during the forecast period. China and Australia are the key markets for education apps in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The increasing awareness about education apps, growing Internet penetration, the adoption of smartphones, the increasing emphasis on technology by educational institutions, and favorable government initiatives will facilitate the education apps market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Education Apps Market?

Education-Apps-Market-Market-Share-by-End-2020-2025

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The education apps market share growth by the higher education segment will be significant during the forecast period. This is due to the temporary closure of colleges and universities in response to the restrictions imposed by the governments of different countries to contain the spread of COVID-19. The restrictions led to a switch from offline classes to the online mode, which subsequently led to a surge in demand for higher education applications across the world. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the education apps market size.

 

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What are the Key Factors Covered in this Education Apps Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive education apps market growth during the next five years
  • Precise estimation of the education apps market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the education apps industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of education apps market vendors

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Education Apps Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

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

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 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.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The education apps market growth will increase by $46.88 billion during 2019-2024.
The education apps market is expected to grow at a CAGR of 25.91% during 2019-2024.
Technavio has segmented the education apps market by end user (Higher education and Pre K-12) and geographic (APAC, Europe, North America, South America, and MEA).
Age of Learning Inc., Alphabet Inc., Duolingo Inc., Edmodo Inc., edX Inc., Lumos Labs Inc., MyScript, Quizlet Inc., Rosetta Stone Ltd., WizIQ Inc. are a few of the key vendors in the education apps market.
APAC will register the highest growth rate of 42.16% among the other regions. Therefore, the education apps market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • UK
  • China
  • Germany
  • Australia
  • South Korea (Republic of Korea)
The key factors driving the education apps market growth are:
  • Growing demand for STEM-based apps
  • Growing focus on wearable technology
The education apps market vendors should focus on grabbing business opportunities from the higher education segment as it accounted for the largest market share in the base year.
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