Educational App Development – How much does it cost?

Education today looks nothing like it used to look at the turn of the century. E-books are replacing hardcovers and lectures are happening online instead of in classrooms. Smartphones have become the crux of learning. And the education market has become a platform for technovations (tech innovations!).

Big shots in the tech world like Samsung, and Dell, to name a few are taking significant interest and investing in the smart and eLearning industry.

Amidst all that’s happening in the education technology sphere, what’s gaining the most eyeballs is the prediction that the education app market is set to grow by $46 billion between 2020 and 2024.

Educational App Market

The pandemic has given a major boost to the dynamic online learning industry. And just like the pandemic, the education sector boom doesn’t seem to be going away anytime soon.

While the global EdTech investments stood at $18.66 billion in 2019, right before the pandemic, experts claim the market is projected to be valued at $38 billion by the end of 2021. Further estimates suggest that the industry will hit the $350 billion mark by 2025.

eLearning in the corporate sector

Even without the pandemic, 40% of Fortune 500 companies were using learning management systems that included a system of websites, apps and more for training because it has proven to be beneficial for efficiency enhancement.

Types of Educational Apps

Before you enter the market with a turnkey solution, it is important to identify the market segment that you’ll be targeting.

There are two basic segments in the education app market – Educators and learners. However, when it comes to building an educational app, there are several subtypes that you can choose from. The types and subtypes of apps that you can develop include:

• Apps for Kids (YouTube Kids)
• Apps that offer tutoring services (Khan Academy)
• Apps for college and university students (eDX)
• Language learning applications (Duolingo)
• Specialized course apps (Coursera)
• Lifelong learning apps (Udemy)
• Apps with Gamification (Kahoot)
• Progress tracking apps (Additio)
• Apps for storing learning materials online (Schoology)

Some of those features are mentioned right here –

• Sing Up and Login
• Search functionality
• User profile
• Payments
• Menu and Navigation
• Push notifications
• Multiple modes of distributing learning resources

Get Your Educational App Developed Today & Read Out the Full Features here