Mobile Learning Market: Top Trends Pushing Industry To Surpass $60.95 Billion By 2028 – EIN News | Team Cansler

The report provides an overview of the market with detailed segmentation by type, application and region through in-depth traction analysis of the industry.

NEWARK, UNITED STATES, Nov. 24, 2022 / — According to the study, the global mobile learning market is expected to grow from US$22.13 billion in 2020 to US$60.95 billion by 2028, with a CAGR of 13.5% grow during forecast period 2021-2028.

The mobile learning market has seen significant growth in recent years. This growth is attributed to advanced technologies such as 3G, 4G, 5G, and Wi-Fi with different bandwidths has strengthened network connectivity around the world, making mobile learning more convenient to access. Mobile learning is considered a better alternative to physical lectures because mobile learning offers online classes or courses that are accessible to the physically challenged and eliminates demographic limitations. Mobile learning typically saves both time and money, allowing users to access education anytime, anywhere at their convenience. The distance barrier is no longer an obstacle with mobile learning.

Mobile learning is referred to as e-learning or m-learning, where education is delivered over the network or internet through mobile devices such as handheld computers, tablets and smartphones. In e-learning, the teaching material is delivered through social interaction, online educational centers, and mobile apps. Mobile learning enables access to education from anywhere in the world by removing the barrier of distance. Mobile learning is also perceived as distance education or distance learning. Mobile learning offers employees, students and individuals the ability to access education on the go. Modern learning systems make it possible to learn wherever, whenever and whatever the individual wants with the help of a smartphone connected to the Internet.

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The drastic shift from paper books to e-solutions in corporate institutes and educational institutions has led to a rise in mobile learning. Technological advances in mobile phones, computers, tablets and information technology support the growth of mobile learning. Mobile learning has the advantages of covering a significant distance, access anywhere and anytime, convenience, better engagement, cost-effectiveness, variety of content, encouraging students, and testing knowledge through assignments. Mobile learning allows downloading educational videos and watching them at user’s convenience and convenience when the internet is unavailable or on the go. The government takes initiatives to promote it by investing in the digital education system. The rise of mobile learning has improved mobile-friendly websites and applications to enable users to access education efficiently. Several universities apply transferable knowledge in their educational system. These are the factors driving the growth of mobile learning. Customization issues, high internet costs, lack of face-to-face interaction with faculty or a mentor, and lack of a reliable support infrastructure are the factors restraining the growth of the global mobile learning market.

Some of the notable players in the market are Adobe Inc., Dell Inc., IBM Corporation, AT&T Inc., Microsoft Corporation, Upside Learning Solution Pvt. Ltd., El Design Pvt. Ltd., Cisco Systems Inc., SAP SE, Citric Systems Inc. and Skillsoft. In order to gain significant market share in the global mobile learning market, the major players are now focusing on executing strategies such as product innovation, mergers and acquisitions, recent developments, joint ventures, collaborations, and partnerships. Adobe Inc. and IBM Corporation are some of the major manufacturers in the mobile learning market.

The content segment dominated the market, holding the largest market share of 63% in 2020
On the basis of provider, the global mobile learning market is segmented into service and content. The content segment dominated the market and held the largest market share of 63% in 2020. This growth is attributed to content developers focused on providing sophisticated learning solutions on the platform in question. The content developers have the advantage of working with domain experts to assimilate and provide content on various topics.

Mobile & video-based courseware segments dominated the market and held the largest market share at 26% in 2020
On the basis of solutions, the global mobile learning market is segmented into wearable LMS, e-books, mobile and video-based courseware, m-enablement, and interactive assessments. The mobile and video-based educational software segment dominated the market and held the largest 26% market share in 2020. The growth is attributed to the convenience and high preference for video-based learning on a wearable device. Video-based courseware ensures user engagement as a trainer can demonstrate the concepts using animations, webcasts and illustrations that provide hands-on and powerful training.

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Mobile & video-based courseware segments dominated the market and held the largest market share at 42.4% in 2020
On the basis of the solution, the global mobile learning market is segmented into Enterprise, Government and Academic. The academics segment dominated the market holding the largest market share of 42.4% in 2020. This growth is due to students not attending physical lectures and being able to use their time elsewhere. Mobile and video-based courseware allows students to download offline and view at their leisure.

Regional segment of the mobile learning market
North America (USA, Canada, Mexico)
Europe (Germany, France, Great Britain, Italy, Spain, rest of Europe)
Asia Pacific (China, Japan, India, rest of APAC)
South America (Brazil and rest of South America)
Middle East and Africa (UAE, South Africa, Rest of MEA)
Geographically, the global mobile learning market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. South America region held the largest market share in 2020 with 25.16%. This growth is due to increasing internet penetration in South America. The educational institutes of South America offer free access to online classes. The inability of students to attend physical lectures due to physical disabilities or demographic limitations has allowed online courses to gain a foothold in South America.

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About the report:
Global Mobile Learning Market is analyzed by value (Billion USD). All segments have been analyzed on a global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers an in-depth analysis of the driving factors, opportunities, restraints, and challenges to gain the key insights of the market. The study includes Porter’s five forces model, an attractiveness analysis, a commodity analysis and a competitor position grid analysis.

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