Global Education Apps Market Overview
According to Global Market Monitor, the global education Apps market size is $49.68 billion in 2024 and is expected to grow to $89.35 billion by 2029.
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.
Educational app solutions will evolve with the advancement of the latest technologies such as IoT, AI, and AR/VR, and contribute significantly to the growth of the market. AR and VR help provide interactive experiences for learners, which allow learners to explore abstract concepts and connect seamlessly, thereby driving student engagement.
Market Competition is Fierce.
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 pandemic, 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. 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 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.
Yuanfudao is one of the major players operating in the Education Apps market, holding a share of 5.13% in 2024.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.
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Company Name |
Yuanfudao |
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Website |
www.yuanfudao.com |
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Established Time |
2012 |
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Plants Distribution |
Mainly in China |
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