Global Mobile Learning Revenues Spike to $42 Billion by 2025
According to a New Report From Metaari (Formerly Ambient Insight), the Us Is the Top Buying Country of Mobile Learning in the World
Global revenues for Mobile Learning products and services will more than double by 2025 according to a new market report by Metaari called “The 2020-2025 Worldwide Mobile Learning Market”. The global Mobile Learning market reached $18.3 billion in 2020. The five-year compound annual growth rate (CAGR) for Mobile Learning is a robust 18.5% and worldwide revenues for Mobile Learning products and services will surge to well over $42 billion by 2025.
This report includes five-year revenue forecasts for eight buying segments, seven international regions, and for 61 countries within those regions. They are the top-buying countries in the world.
The US will be the top buying country across the forecast period. In the 2020 market, China was the second-largest buying country. By 2025, Indonesia will be the second-largest buying country followed by India. China will drop to fourth place. The five-year compound annual growth rate (CAGR) for Mobile Learning in the US is 20.6%. In contrast, the growth rate in China is 5.4%. For a variety of socio-economic reasons (particularly regulatory uncertainty), revenues for Mobile Learning in China will start to decline in the 2023-2024 timeframe.
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The report has 512 pages, 96 tables, and 13 charts. The organizational site license for the report can be purchased for $5,250.00 USD. Elearning! Magazine is the exclusive reseller of Metaari’s 2020-2025 Worldwide Mobile Learning Market report.
In the current market, the corporate segment accounts for the vast majority of revenues. This segment has a very high growth rate at 17.9% and revenues will more than double by 2025. The spike in revenues in the corporate segment is due to the high demand for pre-employment assessment apps, field-based performance support, remote expertise apps, and mobile business simulations. Federal government agencies across the planet will be the second-largest buyers by 2025.
“The global Mobile Learning market is being driven by a tailwind of catalysts including the roll out of very fast 5G wireless networks, next-generation location-based technology, smartphone-enabled virtual reality, mobile augmented reality, and AI-based apps,” adds Adkins. “The rollout of commercial 5G networks is having a dramatic impact on the Mobile Learning market; 5G is essentially a fundamentally new delivery platform.”
There are four sections in this report: a detailed analysis of the market catalysts, a demand-side analysis by eight buying segments, a demand-side analysis by region (including a detailed forecast for the top-buying countries in that region), and a supply-side analysis by four products and services types. It also includes a breakout by nine distinct types of content.
“It is often said that 2G enabled voice communication, 3G enabled web access, and 4G made the app economy possible,” comments Adkins. “5G is now touted as being the foundation of the new Internet of Things (IoT) infrastructure and the lynchpin of the so-called fourth industrial revolution (4IR). 5G essentially replaces the app economy of 4G with a stream economy. 5G is already having a dramatic impact on the Mobile Learning market.”
There are eight buying segments analyzed in this report: consumers, three academic sub-segments (preschools, primary schools, and secondary schools), higher education institutions, federal government agencies, state & local government agencies, and corporations & businesses.
Over 1,500 suppliers operating across the globe are cited in this report to help suppliers identify domestic partners, distributors, resellers, and potential merger and acquisition (M&A) targets in specific regions and countries. This is the most comprehensive global Mobile Learning market forecast report ever published.