Market Trends
U.S. Education Apps Market to Grow 28.15% in 2016-2020
The education apps market in the United States is expected to grow at a compound annual growth rate of 28.15 percent in the period of 2016-2020, according to a new report by research firm Research and Markets.
“Education Apps Market in the U.S. 2016-2020” has been prepared based on an in-depth market analysis with inputs from industry experts. According to the report, one driver in the market is the augmented adoption of smartphones and tablets. The increase in the use of smartphones and tablets by students and has led to the growth of the education apps market. The demand for such mobile devices in the academic sector is steadily replacing notebooks and desktops, the report says.
Vendors are manufacturing educational smartphones and tablets that incorporate unique features suitable to the needs of students and teachers, Research and Markets said in a news release. These devices are more reliable than notebooks because of their ease in mobility and their functionality as mobile computing devices. Because mobility is on the rise in educational institutions, learning through apps has become more adaptable and prevalent.
To calculate the market size, the report considered the revenue generated from the sales of education apps to educational institutions.
Some of the key vendors mentioned in the report are Edmodo, Lumos Labs, Rosetta Stone and WizIQ. Other prominent vendors are Age of Learning, BenchPrep, DubLabs and IXL Learning.
The report mentions that educational institutions must have a strong information communication technology (ICT) infrastructure to incorporate ed apps as part of the learning process. For this, those institutions need to invest heavily in installing software and enhancing server capabilities, the report says. Ed apps also extensively promote collaborative, game-based and active learning, according to the report.
The full report is available on this site, starting at $2,500. For more information, visit Research and Markets’ website.
About the Author
Richard Chang is associate editor of THE Journal. He can be reached at rchang@1105media.com.