Amazon.com Inc. dominated the Global m-education market, followed by Apple Inc., Barnes & Noble Inc. and Blackboard.
London, 14 April 2014: TechNavio, the independent tech-focused global research firm, has announced the publication of its report on the Global m-Education Market, which is projecting a CAGR of 20.58 percent from 2014-2018. The report highlights the need for innovative learning methods and demand for distance learning as two main factors driving this growth in the market.
m-Education or mobile education refers to any education-related content delivered through smartphones and tablets. This content is media and graphics heavy, and aims to offer users a rich, cost effective learning experience.
Education, like every other sector, is being forced to evolve with technology."Teachers need to adopt a creative approach in order to make the learning process more interesting than ever before. Students are exposed to mobile phones, internet, and other digital media at a very young age and education these days also needs to use similar digital tools. Therefore, schools need to adopt state-of-the-art methods in order to engage students," says Faisal Ghaus, Vice President of TechNavio Research.
Additionally, this push towards m-education is opening up possibilities for education for populations who otherwise would never be able to benefit from it because of financial, geographical or time constraints. Distance learning is being widely used in the higher education sector due to the easy availability of low-cost software platforms that allow universities to create, deliver, and manage courses online."Currently, more than 90 percent of traditional universities are providing online courses. Hence, with the rising demand for online courses and advancements in technology, distance education is likely to continue contributing to the revenue of the Global m-Education market," says Ghaus.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.If you are interested in more information on this topic and our upcoming research on the Global m-Education Market please send an e-mail to media@TechNavio.com