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Education Apps Market by End-user, Product Type, and Geography - Forecast and Analysis 2023-2027

  • Published: Nov 2022
  • Pages: 158
  • SKU: IRTNTR41164
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The education apps market is estimated to grow at a CAGR of 28.61% between 2022 and 2027. The size of the market is forecast to increase by USD 1,24,782.56 million.The growth of the market depends on serval factors, including growing government initiatives, growing demand for STEM-based apps and an increase in penetration of cellular internet.

This report extensively covers market segmentation by end-user (higher education and pre-k-12) and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

 What will the Size of the Education Apps Market be During the Forecast Period?

Education Apps Market Size

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Parent Market Analysis

Technavio categorizes the global education apps market as a part of the global education market (also referred to as the global education services market.The parent global education market covers products, services, and solutions that are offered to educational institutions, corporate institutions, students, parents, individuals, and teachers. Technavio calculates the global education market size based on the combined revenues generated by manufacturers/providers of equipment, software, teaching materials, solutions, and services. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Education Apps Market: Key Drivers, Trends, Challenges, and Customer Landscape

Growing government initiatives are notably driving the education apps market growth, although factors such as data security issues may impede the market growth.  Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Education Apps Market Driver 

Growing government initiatives are key factors driving the global education application market growth. Governments of developing countries like India are taking several initiatives to boost the growth of the e-learning industry. For instance, in response to the COVID-19 pandemic, the Indian government has implemented a number of initiatives (such as the PM eVIDYA program, DIKSHA, etc.) to bring the e-learning industry on par with some international best practices in online education and also relaxed regulations to allow universities and colleges to provide students with extended online and distance learning opportunities. India is making good progress toward digital education, supported by the expanding adoption of digitalization by universities and colleges, as well as rising internet penetration and increasing student demand. The National Digital Educational Architecture (NDEAR) was established by the Indian government in the Union Budget 2021-2022 to develop digital infrastructure and support initiatives pertaining to educational planning. NDEAR seeks to ensure the autonomy of all stakeholders, particularly states and union territories (UTs), and to provide a unique education ecosystem architecture for the progress of India's digital infrastructure. Thus, such initiatives by governments across the world will fuel the growth of the global education applications (apps) market during the forecast period.

Key Education Apps Market Trend

The growing focus on wearable technology in the education industry will fuel the global education application market growth. Wearable technology in the education industry plays a prominent role in engaging students and improving the focus on learning. Wearable technologies improve communication between teachers and students by facilitating a platform for sharing ideas, implementing processes, and exchanging feedback. Wearable smart devices are a growing trend in the market. Smart devices allow a user to install apps and learn different academic subjects. Audio and video files can be viewed and stored at any time. The option of storing data in the cloud has encouraged users to adopt wearable devices that facilitate learning through apps. The ability of wearable devices to integrate with smartphones and other electronic gadgets has increased their penetration in the market. In addition, these devices help to monitor learning and the results of the same. Thus, growing technological advances in wearable devices will encourage the growth of the market in focus during the forecast period.

Key Education Apps Market Challenge

Data security issues are a major challenge to the global education application market growth. The proliferation of advanced education technologies has increased security concerns and data breaches. The rise in the number of startups and free apps offered by vendors to acquire a foothold in the market has enabled educators to experiment with "adaptive learning" products such as STEM apps and foreign language learning apps that record and analyze the performance of students and allow them to personalize their lessons. The increase in the adoption of educational tools such as apps has increased the risk of security threats with respect to the information of students and administrative data. In the corporate sector, as more businesses rely on BYOD policies, the connection of devices increases the exposure to security threats due to the lack of security system installations. This risk of potential breaches of corporate networks is reducing the rate of adoption of mobile learning through apps. Hence, the threat to data security can offset market growth during the forecast period.

Key Education Apps Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Education Apps Market Share by Geography

Global Education Apps Market Customer Landscape

 

Who are the Major Education Apps Market Vendors?                                     

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ageoflearning.com - The company offers education apps such as My Reading Academy. Also, under this segment, the company offers educational services such as Adventure Academy, My Math Academy, and ReadingIQ.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • 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.
  • WizIQ Inc.

 

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segments in the Education Apps Market?

The market share growth by the higher education segment will be significant during the forecast period. The higher education application segment observed considerable growth in the market in 2022. 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 online mode, which subsequently led to a surge in demand for higher education applications across the world. However, these higher education apps are further expected to be in demand during the forecast period due to the continuous mutations in the SARS-CoV-2 virus, which is leading to more lethal waves of the pandemic. 

Education Apps Market Size

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The Higher education segment showed a gradual increase in market share from USD 9,318.83 million in 2017 and continued to grow by 2021. Moreover, institutions in the higher education segment use apps for activities such as assessment, the distribution of educational content, and sharing schedules. Further, technology developments such as AR and VR have resulted in the evolution of numerous learning apps, especially for students who are pursuing an education in subjects such as medical sciences and engineering, which require extensive practical learning. Further, many students have begun to show a keen interest in downloading and using activity-tracking apps embedded with learning analytics as they believe these apps play a vital role in providing data-backed information that can improve their overall learning activities. For colleges and universities, especially in developed regions, the inclusion of education apps has become a key component of their marketing strategy. Apart from enhancing learning processes, higher education institutions are using apps for activities such as developing target groups of students to promote an appropriate set of courses for them for enrolment. 

 

Which are the Key Regions for the Education Apps Market?

Education Apps Market Share by Geography

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APAC is projected to contribute 41% by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in APAC is expected to witness exponential growth during the forecast period. This is attributed to the large consumer base, increasing awareness about education apps, growing Internet penetration, the adoption of smartphones, the increasing emphasis on technology by educational institutions, and favorable government initiatives. With nearly 500 million new subscribers added since 2014, APAC is one of the fastest-growing regions in the world for mobile services and is home to over half of the total number of global subscribers. Although the revenue of smartphone manufacturers is expected to decline during the forecast period, APAC will still account for around half the new subscribers globally by 2025, when the region is predicted to have 266 million new subscribers, bringing the total to just over 3 billion (70% of the APAC population). 

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US Education Apps market - The market share is anticipated to grow at a steady rate and will post a CAGR of more than 6% during the forecast period. 

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by type, product, distribution channel, and region.

  • End-user Outlook ( USD Million, 2017 - 2027)
    • Higher education
    • Pre-K-12 
  • Product Type Outlook ( USD Million, 2017 - 2027)
    • Web-based
    • Mobile-based
  • Region Outlook ( USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Brazil
      • Argentina
      • Chile
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Education Apps Market Scope

Report Coverage

Details

Page number

158

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 28.61%

Market growth 2023-2027

$ 124782.56 million

Market structure

Fragmented

YoY growth (%)

28.23

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 41%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

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.

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

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

  • CAGR of the market during the forecast period.
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the education apps market  size and its contribution of the market in focus to the parent market.
  • Accurate predictions about upcoming trends and changes in consumer behavior.
  • Growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa.
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors.
  • Comprehensive analysis of factors that will challenge the growth of education apps market vendors.

 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global education apps market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global education apps market 2017 - 2021 ($ million)
    • 4.2 By end-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – By end-user Segment 2017 - 2021 ($ million)
    • 4.3 By product type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – By product type Segment 2017 - 2021 ($ million)
    • 4.4 By geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – By geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 High education - Market size and forecast 2022-2027
      • Exhibit 34: Chart on High education - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on High education - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on High education - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on High education - Year-over-year growth 2022-2027 (%)
    • 6.4 Pre K-12 - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Pre K-12 - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Pre K-12 - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Pre K-12 - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Pre K-12 - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 42: Market opportunity by End-user ($ million)

    7 Market Segmentation by Product Type

    • 7.1 Market segments
      • Exhibit 43: Chart on Product Type - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Product Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Product Type
      • Exhibit 45: Chart on Comparison by Product Type
      • Exhibit 46: Data Table on Comparison by Product Type
    • 7.3 Web based - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Web based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Web based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Web based - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Web based - Year-over-year growth 2022-2027 (%)
    • 7.4 Mobile based - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Mobile based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Mobile based - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Mobile based - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Mobile based - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Product Type
      • Exhibit 55: Market opportunity by Product Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 59: Chart on Geographic comparison
      • Exhibit 60: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 101: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 104: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 105: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 106: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 107: Matrix on vendor position and classification
            • 12.3 Age of Learning Inc.
              • Exhibit 108: Age of Learning Inc. - Overview
              • Exhibit 109: Age of Learning Inc. - Product / Service
              • Exhibit 110: Age of Learning Inc. - Key offerings
            • 12.4 Alphabet Inc.
              • Exhibit 111: Alphabet Inc. - Overview
              • Exhibit 112: Alphabet Inc. - Business segments
              • Exhibit 113: Alphabet Inc. - Key news
              • Exhibit 114: Alphabet Inc. - Key offerings
              • Exhibit 115: Alphabet Inc. - Segment focus
            • 12.5 Babbel GmbH
              • Exhibit 116: Babbel GmbH - Overview
              • Exhibit 117: Babbel GmbH - Product / Service
              • Exhibit 118: Babbel GmbH - Key news
              • Exhibit 119: Babbel GmbH - Key offerings
            • 12.6 BenchPrep
              • Exhibit 120: BenchPrep - Overview
              • Exhibit 121: BenchPrep - Product / Service
              • Exhibit 122: BenchPrep - Key news
              • Exhibit 123: BenchPrep - Key offerings
            • 12.7 Blackboard Inc.
              • Exhibit 124: Blackboard Inc. - Overview
              • Exhibit 125: Blackboard Inc. - Product / Service
              • Exhibit 126: Blackboard Inc. - Key offerings
            • 12.8 BrainPOP
              • Exhibit 127: BrainPOP - Overview
              • Exhibit 128: BrainPOP - Product / Service
              • Exhibit 129: BrainPOP - Key offerings
            • 12.9 Coursera Inc.
              • Exhibit 130: Coursera Inc. - Overview
              • Exhibit 131: Coursera Inc. - Business segments
              • Exhibit 132: Coursera Inc. - Key news
              • Exhibit 133: Coursera Inc. - Key offerings
              • Exhibit 134: Coursera Inc. - Segment focus
            • 12.10 Duolingo Inc.
              • Exhibit 135: Duolingo Inc. - Overview
              • Exhibit 136: Duolingo Inc. - Product / Service
              • Exhibit 137: Duolingo Inc. - Key offerings
            • 12.11 Educomp Solutions Ltd.
              • Exhibit 138: Educomp Solutions Ltd. - Overview
              • Exhibit 139: Educomp Solutions Ltd. - Product / Service
              • Exhibit 140: Educomp Solutions Ltd. - Key offerings
            • 12.12 edX LLC
              • Exhibit 141: edX LLC - Overview
              • Exhibit 142: edX LLC - Product / Service
              • Exhibit 143: edX LLC - Key offerings
            • 12.13 Khan Academy Inc.
              • Exhibit 144: Khan Academy Inc. - Overview
              • Exhibit 145: Khan Academy Inc. - Product / Service
              • Exhibit 146: Khan Academy Inc. - Key offerings
            • 12.14 MyScript
              • Exhibit 147: MyScript - Overview
              • Exhibit 148: MyScript - Product / Service
              • Exhibit 149: MyScript - Key offerings
            • 12.15 Think and Learn Pvt. Ltd.
              • Exhibit 150: Think and Learn Pvt. Ltd. - Overview
              • Exhibit 151: Think and Learn Pvt. Ltd. - Product / Service
              • Exhibit 152: Think and Learn Pvt. Ltd. - Key offerings
            • 12.16 Vedantu Innovations Pvt. Ltd.
              • Exhibit 153: Vedantu Innovations Pvt. Ltd. - Overview
              • Exhibit 154: Vedantu Innovations Pvt. Ltd. - Product / Service
              • Exhibit 155: Vedantu Innovations Pvt. Ltd. - Key offerings
            • 12.17 WizIQ Inc.
              • Exhibit 156: WizIQ Inc. - Overview
              • Exhibit 157: WizIQ Inc. - Product / Service
              • Exhibit 158: WizIQ Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 159: Inclusions checklist
                • Exhibit 160: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 161: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 162: Research methodology
                • Exhibit 163: Validation techniques employed for market sizing
                • Exhibit 164: Information sources
              • 13.5 List of abbreviations
                • Exhibit 165: List of abbreviations

              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
              Technavio

              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
              Technavio

              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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              Education Apps market growth will increase by $124782.56 million during 2023-2027.
              The education apps market is expected to grow at a CAGR of 28.61% during 2023-2027.
              Technavio has segmented the education apps market by end-user (High education and Pre K-12) ,product type (Web based, Mobile based, North America, South America, and MEA) , and geography (APAC, Europe, North America, South America, and Middle East and Africa).
              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., WizIQ Inc. are a few of the key vendors in the education apps market.
              APAC will register the highest growth rate of 41.26% 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.
              The key factors driving the education apps market growth are:
              • Growing government initiatives
              • Growing focus on wearable technology
              The education apps market vendors should focus on grabbing business opportunities from the high education segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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