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Market Overview of Global Education Apps market:
According to our latest research, the global Education Apps market looks promising in the next 5 years. As of 2022, the global Education Apps market was estimated at USD 34451.2 million, and it's anticipated to reach USD 76955.5 million in 2028, with a CAGR of 14.33% during the forecast years.
Smart devices allow a user to install apps and learn subjects. The audio and video files can be viewed and stored anytime. The option of storing data in the cloud has encouraged users to adopt wearable devices, which facilitate learning through apps.
COVID-19's impact on the Education Apps industry
In the specific environment based on the outbreak of COVID-19, the global economy has been significantly affected, resulting in challenges and opportunities for the development status of various industries. The report is based on the impact of COVID-19 and conducts research on the Education Apps industry from different perspectives such as macroeconomics, industrial chains, and regions.
Market Restraints Analysis
For most industries, the intensity of competition is the main determinant of industry competitiveness. Understanding industry competitors is essential to successfully market products. Positioning is related to how the public views products and distinguishes them from competitors. Enterprises must understand the marketing strategies and pricing of their competitors and respond to any changes. The Education Apps industry is facing fierce competition. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction and customer relationship management, trying to gain greater market share and competitive advantage. At the same time, affected by the epidemic, the Education Apps industry showed a huge demand gap, which led to the influx of a large number of new entrants and further intensified competition.
There are still many challenges in the accessibility and affordability of ICT, including geographical barriers, poverty and lack of basic knowledge and skills in remote and small communities. According to GSMA data, about 53% of the global population has no contact with the outside world, and 80% of them are located in Asia Pacific and Africa. 69% of the African population has no access to the Internet, and many of them live in rural areas. ICT has not yet penetrated into remote areas of some countries, and many developing countries lack any type of Internet. This also includes the availability of telephone lines, especially cellular coverage, and other forms of electronic data transmission.
Education Apps need internet and equipment support, so many areas can't get online quickly, especially in some underdeveloped countries. These factors will reduce the demand for Education Apps and pose certain challenges to the Education Apps industry.
Region Overview:
From 2023-2028, Asia-Pacific is estimated to witness robust growth prospects.
Company Overview:
Yuanfudao is one of the major players operating in the Education Apps market, holding a share of 5.19% in 2021.
Yuanfudao provides live courses and tutoring through an online platform.
Genshuixue is a Chinese online education platform that allows its users to search for courses related to various fields and subjects. Genshuixue has a website and mobile apps that allow users to search for courses, both local and online, in a variety of subjects from piano to SAT prep.
Segmentation Overview:
Among different product types, Primary and secondary education segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Android Based segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Education Apps market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Education Apps Market Report:
Market Size Estimates: Education Apps market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Education Apps market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Education Apps market
Segment Market Analysis: Education Apps market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Education Apps market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Education Apps Market: Revenue and sales volume of major countries in each region
Education Apps Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Education Apps market in major regions.
Education Apps Industry Value Chain: Education Apps market raw materials & suppliers, manufacturing process, distributors, downstream customers
Education Apps Industry News, Policies & Regulations
Key players in the global Education Apps market are covered in Chapter 12:
Blackboard
Yuanfudao
PowerSchool
Rosetta Stone
BenchPrep
Zuoyebang
Khan Academy
Socrative Student
BYJU'S
Age of Learning
IXL Learning
Lumos Labs
Duo Lingo
In Chapter 2 and Chapter 15.1, based on types, the Education Apps market from 2018 to 2028 is primarily split into:
Pre-primary education
Primary and secondary education
Higher education
Others
In Chapter 3 and Chapter 15.2, based on applications, the Education Apps market from 2018 to 2028 covers:
IOS based
Android Based
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Education Apps market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028