Connect with us

Technology

Education Apps Market to Grow by USD 6.08 Billion (2025-2029), Government Initiatives for Digital Learning Drive Growth, AI-Driven Market Transformation – Technavio

Published

on

NEW YORK, Jan. 3, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global education apps market size is estimated to grow by USD 6.08 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  14.5%  during the forecast period. Growing government initiatives for digital learning is driving market growth, with a trend towards growing focus on wearable technology. However, concerns related to data security and privacy in education apps  poses a challenge. Key market players include 2U Inc., 3P Learning Ltd., Age of Learning Inc., Alphabet Inc., Brilliant Worldwide Inc., Chegg Inc., Coursera Inc., Duolingo Inc., Epic Creations Inc., Hologo World Inc., IXL Learning Inc., Khan Academy Inc., Lumos Labs Inc., Memrise Ltd., Microsoft Corp, Quizlet Inc., Sololearn Inc., Udemy Inc., UMU Technology CO. LTD., and WizIQ Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Education Apps Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 14.5%

Market growth 2025-2029

USD 6079.7 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.4

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 33%

Key countries

US, China, UK, Germany, India, Canada, France, Japan, Brazil, and Italy

Key companies profiled

2U Inc., 3P Learning Ltd., Age of Learning Inc., Alphabet Inc., Brilliant Worldwide Inc., Chegg Inc., Coursera Inc., Duolingo Inc., Epic Creations Inc., Hologo World Inc., IXL Learning Inc., Khan Academy Inc., Lumos Labs Inc., Memrise Ltd., Microsoft Corp, Quizlet Inc., Sololearn Inc., Udemy Inc., UMU Technology CO. LTD., and WizIQ Inc.

Market Driver

The education apps market is thriving with trends like AI chatbots, e-games, blended learning, personalized learning, and gamification. These trends cater to various subjects including science, social studies, STEM subjects, language arts, and more. Adaptive learning apps using machine learning technology are popular in K-12, higher education, and corporate training. AI and machine learning are revolutionizing education by providing flexible, cloud-based learning options. Consumer preferences lean towards education games and social learning environments. Established players dominate the market, but innovative startups offer unique features like test preparation, tutoring, and progress tracking. Flexibility, accessibility, and user engagement are key factors driving growth in the digital education space. However, data privacy concerns and limited internet accessibility remain challenges. The education apps market is saturated, but technology advances continue to create opportunities for growth. Content providers must offer cutting-edge technology, personalized education, and adapt to consumer preferences to stay competitive. Digital tools like e-learning, remote learning, and digital education software are essential for upskilling and lifelong learning. 

Wearable technology significantly contributes to the education sector by enhancing student engagement and boosting learning effectiveness. These devices facilitate communication between teachers and students, enabling the sharing of ideas, implementation of processes, and exchange of feedback. Wearable smart devices, such as smartwatches and glasses, allow users to download and use educational apps to learn various subjects. The availability of audio and video files for offline viewing and cloud storage increases the appeal of these devices for students. Furthermore, the integration of wearable devices with smartphones and other electronic gadgets expands their reach in the global education apps market. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 Market Challenges

The education apps market is witnessing significant growth with the integration of AI chatbots, e-games, and blended learning. Personalized learning and adaptive apps are popular in STEM subjects, language arts, and higher education. Gamification and machine learning enhance user engagement. Established players dominate the market, but innovative startups offer unique features. Flexibility is key with cloud-based and mobile devices. Consumer preferences lean towards adaptive learning apps, test preparation, and tutoring. Challenges include data privacy concerns, limited internet accessibility, and market saturation. Education software must provide progress tracking and cater to K-12, corporate training, and upskilling. Technology advances bring flexibility, remote learning, and smartphone penetration. The digital education space continues to evolve, offering cutting-edge technology and innovative learning environments.The education apps market faces substantial challenges due to data security and privacy concerns. With the collection and storage of sensitive student information, ethical, legal, and technical challenges arise. Education apps gather various data, such as personal information, academic records, and usage patterns, making them attractive targets for cyberattacks and unauthorized access. Data breaches and privacy violations can damage user trust and result in legal repercussions for app developers and educational institutions. Additionally, the regulatory landscape for data protection differs globally, increasing complexity for education app developers operating in diverse markets.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This education apps market report extensively covers market segmentation by  

End-user 1.1 High education1.2 Pre K-12Product 2.1 Web-based2.2 Mobile-basedGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 High education-  The higher education segment of the global education apps market caters to universities, colleges, and professional schools, offering digital learning solutions. These apps facilitate flexible and accessible learning experiences for undergraduate, graduate, and postgraduate students. Prominent players, such as Coursera and Microsoft, offer course materials, interactive lectures, collaborative tools, assessment platforms, and career development resources. Institutions use apps for assessments, content distribution, and scheduling. Technology advancements, like AR and VR, have led to the creation of learning apps for practical subjects. Apps are increasingly becoming a marketing tool for higher education institutions. However, the adoption rate is low due to high development costs and limited awareness of benefits. Despite these challenges, the growing digitization trend will encourage universities to allocate more funds for education apps, driving market growth.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The Education Apps Market is a dynamic and innovative sector, offering a wide range of solutions that cater to diverse learning needs. From inclusive learning platforms that promote accessibility and equity, to teacher training apps that enhance professional development, the market is transforming traditional education methods. Flipped classrooms allow students to learn at their own pace, while global education apps broaden horizons and foster cultural understanding. Microlearning, digital textbooks, and personalized learning platforms enable students to access information and resources on-demand. Educational videos, virtual reality learning, and mobile learning offer and flexible learning experiences. Learning communities, data-driven learning, and learning analytics tools promote student success and engagement. Edtech startups, open educational resources, and online courses provide accessible and affordable education to learners worldwide. The future of education is bright, with virtual learning environments, online tutoring services, remote learning tools, and digital learning resources shaping the educational landscape. Curriculum development apps, educational podcasts, and learning management systems streamline the educational process, while online education offers flexibility and convenience. Regardless of the specific tool or resource, the Education Apps Market is dedicated to making education more accessible, engaging, and effective for learners of all ages and backgrounds.

Market Research Overview

The Education Apps Market is a dynamic and innovative space, driven by advances in artificial intelligence (AI), machine learning, and cutting-edge technology. This market encompasses a range of applications, from e-games and education software for K-12 students, to adaptive learning apps for higher education and corporate training. Personalized learning and blended learning are key trends, with AI chatbots and gamification used to enhance the learning experience. STEM subjects, language learning, and arts and humanities are popular areas of focus, catering to consumer preferences. Flexibility is a major selling point, with cloud-based and mobile devices enabling learning on-the-go. However, data privacy concerns and limited internet accessibility remain challenges. The market is competitive, with established players and innovative startups offering unique features and progress tracking to engage users. The digital education space continues to evolve, offering flexible education options and remote learning solutions for a diverse range of learners.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userHigh EducationPre K-12ProductWeb-basedMobile-basedGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/education-apps-market-to-grow-by-usd-6-08-billion-2025-2029-government-initiatives-for-digital-learning-drive-growth-ai-driven-market-transformation—technavio-302340990.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

NaaS Technology Inc. to Participate in Huachuang Securities 2025 Annual Strategy Conference

Published

on

By

BEIJING, Jan. 7, 2025 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S.-listed EV charging service company in China, today announced that management will participate in Huachuang Securities 2025 Annual Strategy Conference in Shenzhen, China on Wednesday, January 8, 2025. The Company’s session is scheduled at 1:30 p.m. Beijing Time.

Connect with NaaS Management

For more information or to schedule a one-on-one meeting with NaaS management, please contact your event representative or NaaS investor relations team via email at ir@enaas.com 

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company provides one-stop solutions to energy asset owners comprising charging services, energy solutions and new initiatives, supporting every stage of energy assets’ lifecycle and facilitating energy transition.

For investor and media inquiries, please contact:

Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com 

Media inquiries:
E-mail: pr@enaas.com 

View original content:https://www.prnewswire.com/news-releases/naas-technology-inc-to-participate-in-huachuang-securities-2025-annual-strategy-conference-302344063.html

SOURCE NaaS Technology Inc.

Continue Reading

Technology

TWSE Transforms Innovation Board into Asia’s Premier Startup Platform

Published

on

By

TAIPEI, Jan. 7, 2025 /PRNewswire/ — The Taiwan Stock Exchange (TWSE) has unveiled its upgraded Innovation Board (Taiwan Innovation Board, TIB) on January 6, 2025, removing restrictions on qualified investors and opening the market to retail investors. This significant reform aims to boost market liquidity, increase accessibility, and position Taiwan as a regional leader in innovation and investment, establishing the TIB as Asia’s premier platform for startups and emerging industries.

Initially launched in July 2021, the Innovation Board was limited to qualified investors, such as institutional investors and entities with substantial trading experience and financial assets. The new framework removes these barriers, expanding access to Taiwan’s 13 million account holders, up from the original 300,000 qualified investors.

“The removal of the qualified investor restriction will not only boost liquidity but also enhance company valuations,” said Sherman Lin, Chairman and CEO of the TWSE.

Taiwan’s capital market reached a historic milestone in 2024, soaring by over 28%, making it the best-performing stock market in Asia and the second-best globally, trailing only the NASDAQ in the United States. Lin emphasized that the TWSE will focus on “technology” and “innovation” as the dual pillars driving its future growth, with the goal of transforming Taiwan into a smart technology island.

The introduction of the Innovation Board 2.0 is a pivotal move, positioning Taiwan as a premier destination for innovative enterprises across Asia. “This initiative is expected to attract cutting-edge companies and foster an environment conducive to technological advancements and economic growth,” said Lin.

Looking ahead, the TWSE plans to strengthen collaboration within domestic innovation ecosystems while targeting international markets such as Japan, Singapore, Malaysia, and Vietnam to attract startups and growth-stage companies to list in Taiwan.

“The Innovation Board 2.0 not only helps retain Taiwanese startups considering overseas listings but also aims to attract Asia’s new economy companies, solidifying Taiwan’s position as a regional leader in innovation and investment,” Lin added. 

Since its inception, the TIB has supported over 20 innovative companies with core technologies or unique business models in accessing capital markets for fundraising, underscoring its critical role in fostering innovation and growth.

Empowering Emerging Industries Across Asia

The inauguration event of the “TIB Innovation Spotlight” on January 6 attracted over 250 representatives from 200 companies, intermediaries, and venture capital firms. Lin emphasized the board’s significance: “The Innovation Board will drive the growth of emerging industries and provide exceptional opportunities for Asian startups to succeed in Taiwan.”

Dr. Yen-Liang Chen, Vice Chairman of Taiwan’s Financial Supervisory Commission (FSC), echoed this sentiment: “This move will allow investors to better understand emerging and innovative companies, thereby contributing to Taiwan’s goal of becoming Asian Asset Management Center.”

The transformation of the TIB has garnered strong support from Taiwan’s venture capital community. Andy TC Chiu, Chairman of the Taiwan Venture Capital Association, noted: “These changes provide startups with better funding opportunities while stimulating growth and innovation across sectors. Taiwan is positioning itself as Asia’s leading hub for technological advancement.”

Julian Liu, Chairman of the Securities Investment Trust & Consulting Association (SITCA) in Taiwan, underscored the vital role of investment trust institutions in offering essential support. He expressed optimism that the expansion of mutual funds and ETFs would generate a virtuous cycle, promoting diverse collaborations within the capital market and driving success.

Event Highlights

The event commenced with a keynote address by Chin-Ho Hsieh, President of Wealth Magazine and Business Today Magazine. Hsieh praised the new Innovation Board, highlighting its four key features: high liquidity, friendly entry thresholds for emerging industries, a focus on innovation capability and growth potential, and full disclosure of operational information, hoping it will continue to excel and drive meaningful progress.

A notable highlight was the panel discussion titled “Showcasing Innovation Board Companies,” moderated by Cheng-Hua Lu, Secretary-General of the Chinese National Federation of Industries (CNFI). The panel featured Jackie Cheng, Co-Founder and Chairman of Gogolook Co., Ltd., and Dr. Yun-Li Li, CEO of PlayNitride Inc. The discussion delved into their entrepreneurial journeys, strategies for accessing capital markets, international expansion plans, and the impact of the Innovation Board’s new framework.

Advancing Taiwan’s Capital Market

A skit at the event showcased the significant upgrades to the Innovation Board and detailed TWSE’s initiatives to develop a robust, investor-friendly capital market in collaboration with the Taiwan Index Plus Corporation and the Taiwan Carbon Solution Exchange. To enhance liquidity and engage investors, TWSE introduced initiatives, including market-making rewards for proprietary traders, broker-led education campaigns, and a lottery program for retail investors.

As the TWSE expands its international outreach in 2025, the Innovation Board is set to become Asia’s premier platform for startups and emerging industries, fostering growth, investment, and innovation across the region.

 

About TWSE

The Taiwan Stock Exchange (TWSE) commenced operations on February 9, 1962. The TWSE is tasked with operating and advancing Taiwan’s securities market. Its primary business operations encompass listing, trading, settlement, and surveillance. These activities include listing promotion and review, post-listing supervision, corporate governance, maintaining market order, providing services to securities firms, investor protection, clearing and settlement operations, safeguarding against market defaults, and monitoring illegal transactions. The Exchange offers comprehensive services to the stock market.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/twse-transforms-innovation-board-into-asias-premier-startup-platform-302344086.html

SOURCE Taiwan Stock Exchange

Continue Reading

Technology

Srini Rajamani appointed as CEO of Opus Technologies, Inc.

Published

on

By

Srini Rajamani to Lead the Next Phase of Innovation and Growth for Opus Technologies.

ALPHARETTA, Ga., Jan. 7, 2025 /PRNewswire/ — Opus Technologies, a leading payments technology solutions provider, today announced the appointment of Srini Rajamani as its new Chief Executive Officer, effective immediately. Srini will succeed Praveen TM, who will continue to be part of the leadership team at Opus. Srini has previously held leadership roles at Wipro Limited, where he successfully drove innovation and implemented growth strategies across industry segments. He was a member of the Wipro Executive Council.

Ramesh Mengawade, Chairman of Opus, said: “I am confident that Srini will lead Opus into the next phase of growth and innovation through his strategic acumen and extensive industry experience. Under Srini’s leadership, Opus will continue to leverage AI/ML to deliver transformative solutions to our payments industry clients. “I also want to express my deep gratitude to Praveen TM for laying a strong foundation for Srini to build on”, added Ramesh.

“Opus Technologies is uniquely positioned to solve the most critical business challenges facing banks and payments companies today. With our product-driven mindset and innovative solutions, we aim to set new benchmarks in the industry,” said Srini Rajamani. “Our AI-powered platform, FinGeniusAI, addresses the complex challenges of the payment industry, while Paysemble™, our payment accelerator and integration solution, empowers clients to overcome integration hurdles and achieve faster time-to-market. My focus will be on expanding this portfolio and introducing new solution offerings that resonate with the evolving needs of our clients”, added Srini.

Opus Technologies is part of the Opus Group. For nearly three decades, Opus Group has been delivering innovative payment technology solutions globally, with three of its companies being acquired by Fortune 500 organizations, including Mastercard Inc., and Western Union.

About Opus Technologies:

Opus Technologies, part of Opus Group, is a leading provider of outcome-driven payment strategies and combines its deep technology proficiency with unmatched payments domain expertise to deliver exceptional value to its clients.

Visit https://opustechglobal.com/ to learn more. Follow Opus on LinkedIn.

View original content to download multimedia:https://www.prnewswire.com/news-releases/srini-rajamani-appointed-as-ceo-of-opus-technologies-inc-302343934.html

SOURCE Opus Technologies Inc.

Continue Reading

Trending