Dublin, July 04, 2024 (GLOBE NEWSWIRE) -- The "Education Apps - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Education Apps was valued at an estimated US$5.4 Billion in 2023 and is projected to reach US$10.8 Billion by 2030, growing at a CAGR of 10.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the education app market is driven by several factors, including the increasing adoption of digital learning solutions by educational institutions, the rising demand for personalized learning experiences, and the continuous innovation in educational technology. Educational institutions are rapidly adopting digital tools to complement traditional teaching methods, driven by the need to enhance learning outcomes and engage digital-native students more effectively. The global shift towards personalized learning, where educational paths are tailored to individual skills and needs, also significantly fuels the market`s growth.
Moreover, government initiatives in various countries to promote digital education contribute to the expansion of this market. For instance, initiatives like the Digital India campaign aim to transform the entire ecosystem of public services through the use of information technology, including the educational sector.
Additionally, the growing investment in EdTech startups by venture capitalists reflects confidence in the potential of educational apps to lead the next wave of educational innovation. Together, these factors ensure that educational apps remain at the forefront of educational transformation, meeting the evolving needs of modern educators and learners.
Key Attributes:
Report Attribute | Details |
No. of Pages | 267 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $5.4 Billion |
Forecasted Market Value (USD) by 2030 | $10.8 Billion |
Compound Annual Growth Rate | 10.2% |
Regions Covered | Global |
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Mobile-based Apps segment, which is expected to reach US$7.2 Billion by 2030 with a CAGR of a 10.7%. The Web-based Apps segment is also set to grow at 9.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.5 Billion in 2023, and China, forecasted to grow at an impressive 14.0% CAGR to reach $2.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Education Apps Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Education Apps Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Education Apps Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 2U, Inc., 3P Learning Ltd., Age of Learning Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 36 Featured):
- 2U, Inc.
- 3P Learning Ltd.
- Age of Learning Inc.
- Brilliant Worldwide Inc.
- Cleveroad
- Duolingo Inc.
- Epic Creations Inc.
- Google LLC
- Hologo World Inc.
- IXL Learning Inc.
- Khan Academy Inc.
- Memrise Ltd.
- Microsoft Corporation
- Udemy Inc.
- WizIQ Inc.
For more information about this report visit https://www.researchandmarkets.com/r/o62d6l
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