The global education app market size was USD 6.48 Billion in 2021 and is expected to register a revenue CAGR of 8.9% during the forecast period. Rising demand for Science, Technology, Engineering, and Math (STEM) based applications, growing adoption of Digital learning solutions, along with government regulations and initiatives are major factors driving revenue growth of the market.
The U.S. Bureau of Labor Statistics predicts that STEM fields will have an employment growth rate of 8% by 2029, which is more than twice as fast as non-STEM careers. The significance of quality K-12 STEM education is further underscored by the fact that median wages in STEM fields are twice as high as those in non-STEM fields. The U.S. Department of Education is committed to leveraging technology to transform education and adopt innovative approaches to teaching and learning. To achieve this goal, the Office of Educational Technology is working on updating and expanding the National Educational Technology Plan (NETP), taking into account current policies, financial considerations, and societal settings for digital learning. The NETP aims to incorporate recent advancements in educational technology and provide a vision for how schools and districts across the country can utilize technology to enhance opportunities for all students. Additionally, the plan addresses the infrastructure requirements necessary for realizing this vision. The National Educational Technology Plan is the primary policy document for educational technology in the United States, outlining a vision of equitable access, active utilization, and collaborative leadership to enable learning anytime and anywhere. The strategy calls upon all stakeholders in American education to ensure equitable access to transformative learning experiences facilitated by technology, while also recognizing the ongoing need to increase access to technology itself. Government initiatives of this nature play a significant role in driving the demand for education apps. Similar efforts are being undertaken by various other national governments to promote digitalization and technological advancements in the edtech sector.
To download a PDF sample copy of the report, visit @ https://www.reportsanddata.com/download-free-sample/5883
Some Key Highlights from the Report
- Based on product type, the global education apps market is segmented into web-based education apps and mobile education apps. The mobile-based educational apps segment is expected to account for a large revenue share during the forecast period. Mobile e-learning apps are growing in popularity due to their unique approach to making learners fun. Mobile learning applications are available anytime, anywhere and are timeless. Mobile apps are therefore the most engaging and informative tools for students to continue their education and increase their productivity.
- Additionally, modern educational applications are one of the most engaging and convenient ways to engage students in learning and increase productivity. Research shows that in this technologically advanced age, students will have access to mobile her devices and be more motivated to learn outside the classroom. Students who use mobile phones in school not only progress faster, they also become more proficient with the technology. In addition, the focus has now completely shifted to e-learning, a continuous learning process.
- On October 5, 2022, Duolingo acquired Gunner, the animation company behind Amazon, Dropbox, Spotify, and Google, which created the artwork for the language learning software. Based in Detroit, Gunner has gone from being just a Duolingo partner to being an integral part of the growing language learning industry.
Duolingo, BYJU’S, Age of Learning, Inc., Coursera, Inc., Blackboard Inc., Rosetta Stone Ltd., BrainPOP, MyScript, Khan Academy, and Wiziq Inc.
Inquiry before buying @ https://www.reportsanddata.com/inquiry-before-buying/5883
The global market is further segmented into type and application:
Operating System Outlook (Revenue, USD Billion; 2019-2030)
- IOS and MacOS
Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Web Based Education Apps
- Mobile Based Education Apps
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- K-12 Education
- Higher Education
- Business or Corporate Education
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Takeaways of the Competitive Overview Section:
- Overview of the company profiles of each market player
- Industrial chain analysis of each player
- Revenue share contribution
- Sales network and distribution channels and net profits and losses of each company
- Key business growth strategies are undertaken by these players
Request a customized copy of the report @ https://www.reportsanddata.com/request-customization-form/5883
Thank you for reading our report. We also offer customized report as per client requirement. Kindly connect with us to know more about customization plan and our team will offer you the altered report.
Get Explore Latest Research Report by Reports and Data:
Recruitment Services Market @ https://ashinde1.fireblogz.com/51377694/recruitment-services-market-to-see-huge-growth-by-2032
Recruitment Services Market @ https://medium.com/@bhande581/recruitment-services-market-in-depth-insight-analysis-to-2023-2032-d0ee2033cbb
Recruitment Services Market @ https://watagwaan.com/read-blog/238
Hiring Process Market @ https://chat.ontargetmall.com/read-blog/15366
Hiring Process Market @ https://say.la/read-blog/7854
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.
(Head of Business Development)
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports
Browse More Latest Reports @ https://www.reportsanddata.com/report