The global mobile learning market is to grow from $7.98 billion in 2015 to $37.60 billion by 2020, at a compound annual growth rate (CAGR) of 36.3 percent. North America is expected to be the largest market in terms of market size, while Europe and Asia-Pacific are expected to experience an increase in market traction during the forecast period.
This information is contained in the report “Mobile Learning Market by Solution (Mobile Content Authoring, E-books, Portable LMS, Mobile and Video-based Courseware, Interactive Assessments, Content Development, M-Enablement), by Applications, by User Type, & by Region – Global Forecast to 2020.”
The report also notes that communication and learning have been an integral part of the education and training process. These, reinforced with technological advancements such as mobility, real-time content delivery and others have resulted into the genesis of the mobile learning market.
Mobile learning solutions enable educators and trainers to provide real-time interactive training and instructions to the end-users through the medium of smartphones and mobile devices. This not only helps to provide an interactive learning experience but also makes learning not restricted to a classroom or a training room.
Furthermore the applications such as video lectures, audio & video course material, e-books and others allow the access to information on the go which further bridges the time and distance gap between educators and students/employees.