Education Apps Market: Key Diver Includes Growing Demand for STEM-based Apps | Major Vendors

NEW YORK, Feb. 4, 2022 /PRNewswire/ — The Education Apps Market value is set to grow by USD 70.55 billion from 2020 to 2025, as per the latest report by Technavio. The market is driven by the growing demand for STEM-based apps. Moreover, the rising focus on wearable technology is another major factor supporting the education apps market share growth.

Attractive Opportunities in Education Apps Market by End-user and Geography - Forecast and Analysis 2021-2025

Attractive Opportunities in Education Apps Market by End-user and Geography – Forecast and Analysis 2021-2025

The report also offers information on several market vendors, including Age of Learning Inc., Alphabet Inc., Duolingo Inc., Edmodo, edX Inc., Lumos Labs Inc., MyScript, Quizlet Inc., Rosetta Stone Ltd., and WizIQ Inc. among others.

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Growing Demand for STEM-based Apps:

The increasing job opportunities in STEM fields are encouraging students to opt for STEM subjects and encouraging learners to install STEM-based education apps that can prepare them for the job market. Globally, both developing and developed countries are emphasizing improving STEM education systems due to growing opportunities in these streams. The increasing number of projects on STEM subjects is creating demand for STEM-based apps and the emerging app developers are investing in creating numerous apps for the STEM segment.

Rising Focus on Wearable Technology:

Wearable technologies improve communication between teachers and students by facilitating a platform for sharing ideas, implementing processes, and exchanging feedback. Wearable smart devices are a growing trend in the global education apps market. Smart devices allow a user to install apps and learn subjects. The option of storing data in the cloud has encouraged users to adopt wearable devices that facilitate learning through apps. The ability of wearable devices to integrate with smartphones and other electronic gadgets has increased their penetration in the global education apps market. The increasing innovations and growing investments by companies in wearable technology are expected to drive market growth.

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Companies Mentioned:

  • Age of Learning Inc.- The company offers education apps for different academies such as ABCmouse early learning academy, adventure academy, math academy, and others.

  • Alphabet Inc.- The company offers products such as Ads, Android, Chrome, Google Cloud, Google Maps, Google Play, Hardware (including Nest), Search, and YouTube. Moreover, Alphabet Inc. also have businesses such as Access, Calico, CapitalG, GV, Verily, Waymo, and X. The company offers google classroom use for different types of educational applications.

  • Duolingo Inc.- The company provides a wide range of learning platforms for different applications and users. The products offered include Duolingo for Schools, Duolingo English Test, Tinycards, Podcast, Stories, and Dictionary. Moreover, Duolingo Inc. offers Duolingo lessons for many teachers and even entire governments around the world.

  • Edmodo Inc.

  • edX Inc.

  • Lumos Labs Inc.

  • MyScript

  • Quizlet Inc.

  • Rosetta Stone Ltd.

  • WizIQ Inc.

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The Education Apps Market covers the following areas:

Education Apps Market Sizing
Education Apps Market Forecast
Education Apps Market Analysis

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Education Apps Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 27.49%

Market growth 2021-2025

$ 70.55 billion

Market structure

Fragmented

YoY growth (%)

29.98

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 41%

Key consumer countries

US, UK, China, Germany, and Australia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Age of Learning Inc., Alphabet Inc., Duolingo Inc., Edmodo, edX Inc., Lumos Labs Inc., MyScript, Quizlet Inc., Rosetta Stone Ltd., and WizIQ Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1. Executive Summary

2. Market Landscape

2.1 Market ecosystem

Exhibit 01: Parent market

2.2 Market Characteristics

Exhibit 02: Market Characteristics

2.3 Value chain analysis

Exhibit 03: Education Services

2.3.1 Inputs

2.3.2 Operations

2.3.3 Connecting and innovating

2.3.4 Marketing and sales

2.3.5 Support activities

2.3.6 Innovations

For Extended TOC List- Download Our FREE Sample Report

About Us
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.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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SOURCE Technavio

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