Educational applications market size will increase by USD 70.55 billion | Technavio research analyzes highlight growing demand for rod-based applications as a key driver
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Supplier Information
The educational applications market is fragmented in nature due to the presence of several global and regional players.
The increasing competition in the market forces the suppliers to adopt various growth strategies such as promotional activities and advertising spend to improve the visibility of their products. Some vendors are also adopting inorganic growth strategies such as mergers and acquisitions to remain competitive in the market.
For example, in november 2020, Alphabet won the Customer Service Excellence award at the 2020 Car Finance Awards.
Learn more about the growth strategies adopted by vendors and their product offerings. Read a sample market research report.
Geographic market analysis
APAC will provide maximum growth opportunities in the educational applications market during the forecast period. According to our research report, the region currently holds 41% of the global market share and is expected to dominate the market until 2025.
In addition, countries like the United States, China, Germany, and Australia are expected to become major markets for household composters during the forecast period.
Learn more about the geographic spread of this market as well as the detailed analysis of major regions. https://www.technavio.com/report/education-apps-market-industry-analysis
Key market trends and challenges:
The growing attention to wearable technology is a major factor supporting the growth in the educational applications market share. 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 educational application market. Smart devices allow a user to install apps and learn topics
However, data security is a major challenge for the educational applications market. The proliferation of educational technologies has increased security concerns and data breaches. The increase in startups and free app offerings by vendors to gain a foothold in the market has allowed educators to experiment with ‘adaptive learning’ products such as STEM apps and language learning apps. studies that record and analyze student performance and allow courses to be personalized. The increasing use of mobile applications for education in institutions and organizations creates opportunities for hacking confidential information and making it more difficult for IT to regulate access to data on its back-end systems.
See a free sample for highlights on market trends and challenges affecting the educational applications market.
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Associated reports:
K-12 Game Based Learning Marketplace –The K-12 game-based learning market share is expected to grow by $ 9.03 billion from 2021 to 2025 at a CAGR of 20.63%. Download a free sample now!
Learning Management Systems Market –The learning management systems market has the potential to grow by USD 27.98 billion during the period 2021-2025, and the market growth momentum will accelerate at a CAGR of 20.19%. Download a free sample now!
Associated reports:
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Scope of the educational applications market |
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Cover of the report |
Details |
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Page number |
120 |
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Year of reference |
2020 |
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Forecast period |
2021-2025 |
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Growth dynamics and CAGR |
Deceleration to a CAGR of 27.49% |
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Market growth 2021-2025 |
$ 70.55 billion |
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Market structure |
Fragmented |
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Annual growth (%) |
29.98 |
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Regional analysis |
APAC, Europe, North America, South America and MEA |
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Efficient contribution to the market |
APAC at 41% |
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Main consumer countries |
United States, United Kingdom, China, Germany and Australia |
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Competitive landscape |
Leading companies, competitive strategies, reach of consumer engagement |
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Profiled companies |
Age of Learning Inc., Alphabet Inc., Duolingo Inc., Edmodo, edX Inc., Lumos Labs Inc., MyScript, Quizlet Inc., Rosetta Stone Ltd. and WizIQ Inc. |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period. |
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Customization |
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments. |
About Us:
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.
Contact
Technavio research
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UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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