The global education apps market is expected to exhibit a CAGR of 24.30% during the forecast period (2022-2027). Education apps are software applications made to deliver knowledge to students through an electronic medium, such as e-books, audio, and videos. It is an interactive learning platform where the students’ progress flow can be tracked by parents and teachers. Education apps also enable students to learn concepts at their own pace and convenience, irrespective of place and time. In recent years, education apps have gained momentum as they provide a quick way of learning, provide teacher-parent interactive sessions, and focus on skill development.
As per the analysis by the IMARC Group, the top companies in the education apps industry are integrating artificial intelligence (AI), big data, augmented reality (AR), virtual reality (VR), and cloud computing with learning apps in order to improve interactive experiences while giving a real-time analysis of the student’s performance. Besides this, the introduction of smart wearable devices by key players in the education sector helps enhance the concentration level of students on learning and improve student-teacher interaction. Furthermore, the rising investments by leading players in extensive research and development (R&D) activities to launch educational apps with better features are creating a positive market outlook.
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Top Companies in the Education Apps Market:
Age of Learning Inc.
Headquarters: Glendale, United States
Age of Learning Inc. is a leading education technology innovator with a team of nationally known curriculum experts, educators, designers, engineers, and animators. It forms engaging, effective digital learning technology and content to help students build a strong foundation for academic success. It also offers high-quality educational content, educational puzzles, educational children’s music, educational art activities, Edtech, digital learning, English language learning, adaptive learning, and global education.
Headquarters: Boca Raton, Florida
Blackboard Inc. is designed to assist students and educators achieve their goals through data-informed and dynamic experiences. The company provides a design and architecture that allows a seamless user experience across a broad set of capabilities and the ability to evolve the digital environment in a manner that is most apt for the students.
Headquarters: New York
Brain POP LLC is an online educational institution that makes vigorous efforts to make learning experiences accessible and engaging for all students. The company has approached the students’ curiosity through short, animated movies that make difficult ideas clear and simple and ease the procedure of understanding for them. Besides this, the company offers animated educational content, mobile learning, students’ progress, games/game-based learning, professional development, customized assessment, and NGSS resources.
BYJU’S (Think and Learn Pvt. Ltd.)
Headquarters: Bengaluru, India
BYJU’S (Think and Learn Pvt. Ltd.) is a global ed-tech company, that provides highly engaging adaptive, and effective learning solutions. The company delivers a global-level learning experience with tools, interactive content, and personalized learning methods. It also possesses partnerships with some of the globally leading companies, such as Disney and Google, in order to drive engagement and aid the students to become lifelong and active learners.
Headquarters: Mountain View, CA
Coursera Inc. is one of the largest learning platforms worldwide. It offers a broad catalog of content and credentials, such as professional certificates, courses, guided projects, and bachelor’s and master’s degrees. The company has partnered with more than 275 leading universities and companies to bring flexible, affordable, job-relevant online learning to individuals and organizations worldwide.
Headquarters: Pittsburgh, United States
Duolingo Inc. is the most popular way to learn a language. The company offers language certification, language education, and others. Its team of language learning scientists, machine learning engineers, and AI experts uses data insights on how people learn in order to constantly improve their effectiveness.
Educomp Solutions Ltd.
Headquarters: Gurugram, India
Educomp Solutions Ltd. is a globally diversified education solutions provider, which is at the forefront of the evolution of education in the 21st century. As the largest education company in India, Educomp has revolutionized the entire education ecosystem by creating and making the best use of digital products and online solutions.
Headquarters: Cambridge, MA
Edx Inc. is a global-level education platform. The company has brought together a majority of top-ranking universities and industry-leading companies onto one global online learning platform that assists students at every stage. Today, the Open edX platform powers more than 2,400 learning sites worldwide.In 2021, edX joined together with 2U in an industry-redefining combination, offering new opportunities to accelerate learning journey of individuals.
Khan Academy Inc.
Headquarters: Palo Alto, CA
Khan Academy is a non-profit educational organization that provides free, world-class education for anyone, anywhere. The company provides instructional videos and practice exercises, along with a personalized learning dashboard that enables learners to study at their own speed in and outside of the classroom.
Babbel GmbH (Lesson Nine GmbH)
Headquarters: Berlin, Germany
Babbel was the world’s first language-learning app and is also the best-selling. Its intuitive lessons, which have led to over 10 million subscriptions being sold, center on learning a language through real-life conversations. Today, Babbel’s offices in Berlin and New York City create app-based lessons as well as podcasts, games, videos, content about culture and even live, online classes to help everyone around the world learn languages.
Lumos Labs Inc.
Headquarters: San Francisco, CA
Lumos Labs Inc. is a leading brain training program. The company offers training programs for all age groups, which helps them to stay challenged to the full extent of their abilities. The company created a simple online tool to allow anyone to train core cognitive abilities. From neuroscience to visual art, it has combined various diverse disciplines to create an engaging brain training program, making cognitive research available to everyone. Through the Human Cognition Project, the company collaborates with over 100 leading researchers, clinicians and teachers from institutions around the world.
Headquarters: Nantes, France
MyScript is a global leader in real-time handwriting recognition for all types of content (math, shape, text, and music). On the basis of neural networks, its technology combines handwriting and artificial intelligence, which leads to a natural human-machine interface. Moreover, the company’s technology is deployed in hundreds of millions of touch screens over the world, in mobile devices, cars, interactive whiteboards.
Rosetta Stone Inc.
Headquarters: Virginia, United States
Rosetta Stone Inc., a division of IXL Learning, is dedicated to changing people's lives through the power of language education. The company's innovative digital solutions drive positive learning outcomes for the inspired learner at home or in schools and workplaces around the world. It is a digital platform that offers language learning solutions, corporate language training, speech recognition, virtual learning, and multilingualism. Rosetta Stone uses cloud-based solutions to help all types of learners read, write, and speak more than 30 languages, including several endangered languages.
Headquarters: Gurugram, India
WizIQ offers an excellent classroom experience online. Be it digital whiteboard, video feeds, poll, annotation, attendance, recording, or class administration, the company’s built-in tools help bring in a remote classroom together one simple, easy-to-use platform. Furthermore, it specializes in providing internet product, online education, online teaching, virtual classroom, educational technology, e-learning, learning management system, online academy, online learning delivery, cloud-based LMS, moodle virtual classroom plugin, virtual classroom, remote learning, digital whiteboard, and K12.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the education apps industry, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:
- Market Research
- Plant setup
- Plant expansion
- Marketing and sales
- Procurement and distribution
- Innovation and product development