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$ 46.88 Billion Growth in Global Education Apps Market During 2020-2024 | Featuring Key Vendors Including Age of Learning Inc., Alphabet Inc., and Duolingo Inc. | Technavio

Technavio announces the release of its latest report on the education apps market. The market is segmented by end-user (higher education, and pre-K-12) and geography (APAC, Europe, MEA, North America, and South America). The report offers an in-depth analysis of recent developments, changes in market regulations, product approvals, product launches, and the market behavior across various segments.

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Technavio has announced its latest market research report titled Global Education Apps Market 2020-2024 (Graphic: Business Wire).

Technavio has announced its latest market research report titled Global Education Apps Market 2020-2024 (Graphic: Business Wire).

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Education Apps Market: Key Findings

  • Education apps market value to grow by USD 46.88 billion at about 26% CAGR during 2020-2024
  • 42% of market growth to originate from APAC during the forecast period
  • Based on the end-user, the higher education segment will offer maximum opportunities for vendors during the forecast period
  • Education apps market is expected to have a positive impact due to the spread of COVID-19

Education Apps Market: Growth Drivers

The growing demand for STEM-based apps is one of the prime factors driving the growth of the market. Developed and developing countries across the world are increasing the emphasis on improving STEM education systems owing to the growing opportunities in these streams. This is encouraging app developers to make significant investments in creating numerous apps for the STEM environment. These factors are increasing the number of projects on STEM subjects, which is creating the demand for STEM-based apps.

“Rising preference for wearable technology and growing government initiatives will further boost market growth during the forecast period,” says a senior analyst at Technavio.

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Education Apps Market: Major Vendors

Age of Learning Inc.

Age of Learning Inc. operates its business through the Programs segment. The company offers programs such as ABCmouse, Adventure Academy, and ReadingIQ.

Alphabet Inc.

Alphabet Inc. operates its business through segments such as Google and Other Bets. The company offers Socratic. It is an education tech that offers an AI-enabled mobile app for students.

Duolingo Inc.

Duolingo Inc. operates its business through the Products segment. The company offers the Duolingo platform, which includes a language-learning website, and language courses such as Spanish, French, German, etc., and applications.

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Related Reports on Consumer Discretionary Include:

Global Digital Education Content Market – Global digital education content market is segmented by end-user (K-12 and higher education) and geography (APAC, Europe, MEA, North America, and South America). Click Here to Get an Exclusive Free Sample Report

Global Higher Education M-learning Market – Global higher education m-learning market is segmented by type (non-learning applications and learning applications) and geography (North America, APAC, Europe, South America, and MEA). Click Here to Get an Exclusive Free Sample Report

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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