Growing demand for personalized learning, government initiatives, and increased investment in EdTech startups will drive $10.8 billion market by 2030

Global education app market

Dublin, July 04, 2024 (GLOBE NEWSWIRE) — The “Education Apps – Global Strategic Business Report” report ResearchAndMarkets.com Recruitment.

The global education apps market is estimated at USD 5.4 billion in 2023 and is projected to reach USD 10.8 billion by 2030, growing at a CAGR of 10.2% from 2023 to 2030. This comprehensive report provides a detailed analysis of market trends, drivers, and forecasts to help make informed business decisions.

The growth of the education apps market is driven by several factors such as increasing adoption of digital learning solutions by educational institutions, rising demand for personalized learning experiences, and continuous innovation in education technology. Driven by the need to improve learning outcomes and engage digital-native students more effectively, educational institutions are rapidly adopting digital tools to complement traditional teaching methods. The global shift towards personalized learning, where educational paths are tailored to an individual’s skills and needs, is also significantly fueling the market growth.

Additionally, government initiatives to promote digital education in various countries are also contributing to the expansion of this market. Initiatives such as the Digital India campaign aim to transform the entire public service ecosystem, including the education sector, through the use of information technology.

Additionally, increased investment by venture capitalists in EdTech startups reflects confidence in the potential of education apps to lead the next wave of education innovation. These factors combine to ensure that education apps remain at the forefront of education transformation and meet the evolving needs of modern educators and learners.

Key attributes:

Key insights:

• Market Growth: Understand the significant growth trajectory of the mobile-based apps segment, which is expected to reach USD 7.2 billion by 2030, at a CAGR of 10.7%. The web-based apps segment is also expected to grow at a CAGR of 9.3% during the analysis period.

• Regional Analysis: Gain insights into the US market, estimated to reach $1.5 billion in 2023, and the Chinese market, projected to grow at a staggering CAGR of 14.0% to reach $2.3 billion by 2030. Discover growth trends across other key regions including Japan, Canada, Germany, and Asia Pacific.

The story continues

Reasons to 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 key players across various regions.

• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the global education apps market.

• Actionable Insights: Leverage actionable insights that help you identify new revenue opportunities and make strategic business decisions.

Answers to your main questions:

• How is the global education apps market expected to evolve by 2030?

• What are the key drivers and restraints impacting the market?

• Which market segment will witness the highest growth during the forecast period?

• How will the market shares of different regions and segments change by 2030?

• Who are the key players in the market and what are their prospects?

Report highlights:

• Comprehensive market data: Independent analysis of annual revenue and market forecasts (in USD millions) from 2023 to 2030.

• Detailed regional analysis: In-depth analysis of key markets including the United States, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.

• Company Profiles: Features key companies such as 2U, Inc., 3P Learning Ltd., and Age of Learning Inc.

• Free Updates: Receive free report updates for one year to stay up to date with the latest market trends.

Select your competitors (36 in total):

• 2U Corporation

• 3P Learning Co., Ltd.

• Age of Learning Co., Ltd.

• Brilliant Worldwide Inc.

• Cree Road

• Duolingo Inc.

• Epic Creations Inc.

• Google

• Hologo World Co., Ltd.

• IXL Learning Inc.

• Khan Academy, Inc.

• Memrise Co., Ltd.

• Microsoft

• Udemy Corporation

• WithIQ Co., Ltd.

For more information on this report, please visit: https://www.researchandmarkets.com/r/o62d6l

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