Jun 19, 2016 04:55 AM EDT
‘M-Education Market Increase’ M-Education US Market Set To Increase From 2016 to 2020 Reports Say
M-Education market in the US is expected to increase from 2016 to 2020 at 18.10 percent Compound Annual Growth Rate (CAGR).
The M-Education market increase is based on the current trend in the educational system. The accessibility of the Cloud-based M-Education is one major factor affecting the increase. Its capacity to handle the processed data and its storage capacity makes M-Learning much easier.
Other contributing factors to the M-Education market increase report are the industry experts' market analysis. M-Education acquired profits are taken into consideration. These revenues include authoring tools, simulation tools, tools and content and others. The discussion and analysis include the market operating vendors.
Mobile devices' invasion of the academic domain gave momentum to the M-Education market increase. By giving learners the ability to have access to digital contents, education is becoming more and more flexible, PR News Wire reported.
In 2015, Market Research Reports reported an analysis from Technavio, a globally covering market research company. The report stated that post-secondary education is expected to report an impressive 51 percent market share by 2020. This is because of the continually increasing demand on M-Education standard methodologies to come up with the rising need on the employment market.
Adobe and Blackboard are the two leading vendors M-Education vendors. These two large players are dominating this highly competitive market.
M-Education in the US has been provided by these two products for a long time that new players have been restricted to enter. Another reason for the delay in the entry of new players in the market is the expensive M-Education set up cost.
M-Education also known as mobile learning is an aide in creating a student-centered learning system. Through this method, learners and educators take advantage on the use of technology through electronic devices. These devices are used to replace books and notes. They also enable learners to study at their time convenience, Yahoo reported.
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