This market research report segments the global education apps market by product (higher education, pre-primary education, and primary and secondary education) and by geography (EMEA, APAC, and the Americas). Key vendors analyzed in this report include Lumos Labs, Duo Lingo, Rosetta Stone, Edmodo, and Wiz IQ.
Technavio’s market research analysts estimate the global education apps market to generate around US $22 billion between 2015 and 2019, thanks to the increasing penetration of e-learning, social learning and m-learning in educational institutions. The Americas account for the highest market share in the global education apps market, and is expected to surpass US $7 billion by 2019. Much of this region’s growth can be attributed to the presence of an adequate educational infrastructure and the rising adoption of e-learning technology by educational institutions in the North American region.
The new market research report from Technavio provides a breakdown and analysis of the education apps segments by product.
The primary and secondary education segment occupies around 40% of the total global education apps market, and is expected to generate around US $ 9 billion by 2019. Advent of ancillary devices, such as IWBs and LCS, are driving this segment’s growth, which is predicted to post the highest market growth rate during the forecast period.
Global education apps market segmentation by product 2019
Source: Technavio Research
“Integration of the learning tools involves the digitization of educational content to reduce generalization and to pave the way for customized learning. The advent of digital textbooks and other online educational content will assist in the implementation of LMS for better management of content, student data, and in performance assessment. By linking education apps in the regular course curriculum, students will have better comprehension of new education technologies, which will further enhance the learning process,” says Navin Rajendra, Lead Analyst, Education, Technavio Research.
Leading vendors in global education apps market are Lumos Labs, Duo Lingo, Rosetta Stone, Edmodo, and Wiz IQ. The market is dominated by the pure play education technology vendors and large enterprises who are leaders in the mobile apps market. Since this market has low barriers, there is high potential for small enterprises and independent businesses to enter this market and explore various business opportunities.
A more detailed analysis is available in the Technavio report, Global Education Apps Market – Market study 2015-2019.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Cu%3EWe%20can%20customize%…
