North America Education Apps Market
The growing demand for efficient and accessible learning, corporates focusing on human capital development, effective management of learning content, and increasing adoption of game-based learning practices are the prominent factors attributable to the educational apps market growth. During the emergence of the pandemic COVID-19, vendors experienced a significantly high demand for North American education apps market solutions in 2020. The COVID-19 pandemic forced the educational sector to restructure its business models, developing robust network connectivity to regain customers' confidence. Development in technology such as connectivity provided by the 5GPowered by Tiny network enables smoother communications and faster data transfers, which holds promising growth potential. Educational institutes are adopting tools to support and enhance the learning process and teaching, which is likely to fuel the demand for the educational apps market over the forecast period. The US government is also actively promoting e-textbooks, graphics, and other interactive smart content to enhance the learning experience, primarily in the K-12 segment. As the demand for online learning and e-learning platforms grows, it is further anticipated to propel education apps demand, which helps drive market growth.
The North America education apps market is segmented based on type, application, delivery type, and country. The segmentation in this research study has been finalized through post-in-depth secondary research and extensive primary research. In addition, the market is also segmented on the basis of products offered by the leading participants in the industry in order to understand widely used market-specific terminologies.
The North America education apps market experienced a positive effect of the pandemic in 2020 due to the closing of schools and educational institutes to prevent the spread of the COVID–19 outbreak, which resulted in the adoption of online education. The North America education app market was already growing pre-pandemic, but the sudden spread of COVID–19 boomed the North America education app market.
The app developers implemented various strategies during the COVID-19 pandemic and kept no stones unturned to increase their market share. For instance, in May 2020, TikTok announced a new program, “#LearnOnTikTok,” to encourage people to educate themselves during lockdowns. Similar to the US, Canada and Mexico adopted various online education methods to educate their students during the lockdown. The adoption of education apps increased during the COVID-19 pandemic in these countries. The schools reopened in 2021, but the North America education app market observed positive growth post-pandemic.
Based on country, the North America education apps market is segmented into the US, Canada, and Mexico.
A rise in the adoption of e-learning methodologies among colleges and universities is creating the need for educational apps in North American education Apps Market. The onset of the COVID-19 pandemic transformed the education sector worldwide. According to the World Economic Forum report of April 2020, more than 1.2 billion students in 186 countries were affected by the shuttering of schools and colleges due to the COVID-19 pandemic. As per the World Economic Forum report, even before the COVID-19 pandemic, the global EdTech investments reached US$ 18.7 billion in 2019, and the overall market for online education is expected to reach US$ 350 billion by 2025. Since the COVID-19 pandemic, there has been a significant surge in language apps, virtual tutoring apps, video conferencing apps, and online learning apps, among others.
Adopting educational apps across the learning portals enables content management and file sharing among staff and students. These software solutions also offer student progress tracking, student feedback and grading, and assessment creation and management tools. The rise in demand for educational apps due to efficient e-learning experience for staff and students fuels the North America education apps market growth.
Based on type, the North America education apps market is segmented into language & subject learning, game–based learning, digital library, and others. Language & subject learning held the largest market share in 2020. On the other hand, the game-based learning segment is the fastest-growing segment, followed by the digital library and others.
Based on application, the North America Education Apps Market is segmented into Upto K–12, higher education, corporate and individual. Higher education accounted for the largest share in 2020. On the other hand, the individual segment is expected to grow at the highest CAGR during the forecast period.
On the basis of delivery type, the North America education apps market is segmented into digital and phygital. Digital segment accounted for a larger market share in 2020, whereas phygital accounted for a faster growing share in the market.
The players operating in the North America education apps market adopt strategies, such as mergers, acquisitions, and market initiatives, to maintain their positions in the market. A few developments by key market players are listed below:
Strategic insights for the North America Education Apps provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2020 | US$ 6,678.82 Million |
| Market Size by 2028 | US$ 38,705.81 Million |
| Global CAGR (2021 - 2028) | 25.0% |
| Historical Data | 2018-2019 |
| Forecast period | 2021-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The geographic scope of the North America Education Apps refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The North America Education Apps Market is valued at US$ 6,678.82 Million in 2020, it is projected to reach US$ 38,705.81 Million by 2028.
As per our report North America Education Apps Market, the market size is valued at US$ 6,678.82 Million in 2020, projecting it to reach US$ 38,705.81 Million by 2028. This translates to a CAGR of approximately 25.0% during the forecast period.
The North America Education Apps Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Education Apps Market report:
The North America Education Apps Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Education Apps Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Education Apps Market value chain can benefit from the information contained in a comprehensive market report.
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