Mobile Learning Industry forecast for the year 2020-2027 – Increase in market size by over US$57.7 Billion due to COVID-19 global lockdown
Although the world is suffering from economical instability and recession due to the COVID-19 pandemic still the future analysis shows an increase in the Mobile Learning market worldwide by over US$57.7 Billion. The revised CAGR rate increased by 20% and the market is predicted to reach a figure of US$80.1 Billion. The global analysis and forecast periods covered three segments, 2020-2027 for current & future analysis, 2012-2019 as historic review and 2021-2027 for research projections.
The coronavirus pandemic has affected every country and uncertainty is prevailing in the market. However, the Mobile Learning market is resetting the standards and will redefine the post-COVID-19 era.
The United States is forecast to readjust to a 17.6% CAGR whereas in Germany over US$2.3 Billion will be added in the next 7 to 8 years along with around US$2 Billion project demand in other regions of Europe. Japan forecast to reach a market size of US$3.3 Billion by the end of the analysis period. The world’s second-largest economy, China forecast to grow at 27.8% over the next two years and will add around US$10.3 Billion for available market opportunity.
COVID-19 crisis will turn up new opportunities for business tycoons and leaders who are able to find prosperity in the currently changing Mobile Learning market landscape.