This market research report includes a detailed segmentation of the education apps market in the US by product (pre-primary education, primary and secondary education, and higher education). The report also provides a market share analysis of the leading vendors in this market, including Duo Lingo, Edmodo, Lumos Labs, Rosetta Stone, and WizIQ.
Technavio has released its new market research report, education apps market in the US, which is expected to generate revenues of $6 billion between 2015 and 2019. The rising penetration of e-learning and m-learning in educational institutions is expected to result in the extensive digitization of educational methodologies. This extensive digitization of educational methodologies is anticipated to bolster growth in the education apps market during the forecast period.
“One of the latest trends that this market is witnessing is the growing popularity of game-based learning. Such a learning method offers various advantages such as increasing child’s memory capacity, computer fluency, fast strategic thinking, and better hand-eye coordination and improves the child’s attention. Leading smartphone manufacturers are coming up with various apps and games to motivate students in developing specific skills through repetitive learning,” says Jhansi Mary, Lead Analyst, Education, Technavio Research.
The rising adoption of gadgets, such as tablets and laptops, by students, is expected to pave the way for digital textbooks and other online educational content. Since e-learning facilitates customized learning for students by preventing the generalization of educational content; their augmented adoption is envisaged to result in market growth during the forecast period.
The leading vendors in the education apps market in the US are Duo Lingo, Edmodo, Lumos labs, and Rosetta Stone. This market is highly competitive and is primarily dominated by pure-play education technology vendors and large technology vendors like Google, Apple, and Microsoft. Since this market has low entry barriers, the entry of new players is estimated to result in market fragmentation during the forecast period.
A more detailed analysis is available in the Technavio report, Education Apps Market in the US 2015-2019.
We can customize this reports by other regions and specific segments upon request.
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