Investing In An Education App Development Solution Can Be A Game-Changer For You

1. Investing In An Education App Investing In An Education App Development Solution Can Be A Development Solution Can Be A Game-Changer For You Game-Changer For You

2. Introduction With every passing day, online learning is becoming a bit more popular. This fame is ready to make it an industry worth $457.8 billion by 2026. Don’t you want to become part of it? Everyone knows that online learning is achieving popularity with every passing day. According to market researchers, the global e-learning industry will earn $457.8 billion by 2026. Some believe the value will increase to $1 trillion by 2027. More and more students are shifting to online education platforms, whether conventional university-age students or adult learners, trying to improve their skills and become better in their respective careers. Almost every business owner or entrepreneur with a stake in the sphere of online education doesn’t think twice before investing in an education app development solution. However, if you’re one of those who second-guess their decision before making significant investments, you should go through this topic. Once you reach the end, you’ll inevitably want to pay for an education app development solution. 2

3. An in-depth insight Statistical information is the most trustworthy and reliable for business or commercial purposes in general. The following trends will dictate 2022 and beyond. After checking them out, you wouldn’t want to avoid investing in an education app development solution. $457.8 billion by 2026 Online education is one of the most crucial aspects of the new-age educational system. The worldwide e-learning market is growing rapidly and at an exponential rate. It doesn’t matter whether someone is an elementary student, a K12 pupil, chasing higher education, or taking company training. All these people have likely experienced online learning. 3

4. 98% of universities conduct online classes since 2020 Since the onset of the pandemic in 2020, higher education has been taking place online. Educational establishments have reopened their campuses but haven’t stopped using the education app development solution they’ve created for their students. The online education revolution started long before the pandemic due to the changes in student behavior and technological enhancements. However, COVID-19 accelerated the alteration. This new method of education isn’t going anywhere soon. Fortune 500 companies leverage e-learning Almost half of Fortune 500 companies understand the necessity of incorporating e-learning into their business models. They’ve witnessed a connection between the success of a company and the up-skilling of their workers. 4

5. 70% of all students prioritize online classes Based on a report created by the University of Potomac, a significant percentage of students prefer online education over a conventional learning setting. They want to use an education app development solution instead of sitting inside a classroom. It’s the preferred way of learning based on several advantages. These benefits include time-saving, expense-reduction, and flexible scheduling. 25% to 60% information retention According to an expert designer of education app development solution, e-learning has increased the information retention rate among students by 25% to 60%. After all, the learners can return to every video lesson or course material by pressing a button. 5

6. 98% of US organizations started online education by 2020 Corporations in the USA were already using the education app development solution they created for their respective organizations or the ones available to everyone for free. Back in 1995, only 4% of these corporations used them, but by 2020, almost all the organizations shifted to them permanently. For the environment According to researchers from The Open University in Britain, distance learning uses 90% less energy and 85% fewer carbon dioxide emissions per student compared to on-campus education. Income increment by 42% E-learning via an education app development solution has helped increase income for almost 42% of the organizations based in the USA. 6

7. Employee performance improvement An education app development solution can increase employee performance by 15% to 25%. Employee efficiency increment leads to enhanced productivity, and every on-demand education app development platform built for industrial training proved it. Corporate industry e-learning Business Wire has evidence that the corporate e-learning industry will be almost worth $50 billion by 2026. 7

8. Statistics for business Now that you have a basic understanding of what on-demand education app development can yield, it’s time to check out the e-learning statistics for corporate purposes this year. Adopting online education Based on Finances Online, 93% of the companies across the world will adopt online education by investing in on-demand education app development. The brands that aren’t leveraging the benefits of online learning will do so this year. More income Techjury believes that 42% of the companies that pay for on-demand education app development will generate more income in 2022. 8

9. The growth of corporate online education In 2017, only a handful of businesses invested in on-demand education app development. Back then, the e-learning market was at $14.23 billion. As you already know, this value will increase to $50 billion within the next four years. IMB’s savings Another group of researchers found that IBM saved almost $200 million once the brand invested in on-demand education app development. Employee engagement increment The work of an e-learning app development solution company can increase employee engagement of an organization by 18%. 9

10. Paced learning LinkedIn Learning surveyed 4,000 professionals spread throughout the world on LinkedIn. This survey found that 58% of those professionals preferred to learn at their own pace. Improving competitive edge According to certifyme.net, the work of an e-learning app development solution company can increase the competitive edge of an organization by 72%. 10

11. Other considerations Money saved by students According to researchers, undergraduate students of public universities based in the USA spend about $23,000 to complete their education. At the same time, a student studying at one of the private universities spends about $38,000. Apart from that, there are tuition costs to account for. However, if you work with an e-learning app development solution company, you can help students finish their studies at $10 per course. Affordability Whether students opt for a crash course or a full-time course through a university, distance learning through an app designed by an e-learning app development solution company will always be much more affordable than conventional learning. Taking online classes via a private university can help students save up to $20,000 per year compared to in-person courses through the same university. 11

12. Faster It isn’t just about the reduced costs. Another advantage of the apps designed by an e-learning app development solution company is that they can facilitate faster learning. Researchers have evidence that completing a course online takes 40% to 60% less time than in a conventional classroom setting. Completion Even with all these advantages and perks, apps designed by an e-learning app development solution company have some problems. The primary issue is that the completion rate is low. Based on the study of US News, only 15% to 35% of online learners complete the courses they take up. However, this setback shouldn’t be a cause for concern as the statistics may not be entirely correct. Additionally, if the learner misses one or two modules, it doesn’t necessarily mean the person has a massive gap in their education. Also, it isn’t always mandatory to conclude a course fully to reap the benefits. 12

13. Future employers As online education becomes more common, the Top mobile app development company in USA will receive more projects on custom software development services for e-learning platforms. Here’s another fact – many employers currently hire graduates of e-learning programs offered by custom software development services for online education apps provided by the Top mobile app development company in USA. It’s especially more common in tech fields, such as computer science. Almost 70% of the developers complete their education online instead of getting a college degree. 13

14. Wrapping it up As you can see, opting for custom software development services rendered by the Top mobile app development company in the USA can be immensely beneficial to you. Online learning has been gaining fame and attention for more than a decade, but the events of 2020 forced millions of learners and education institutions to shift to online platforms. When the pandemic was raging at full force, more than 1.6 billion students from primary, secondary, and undergraduate levels couldn’t attend school. Today, however, things are changing. Students are returning to their schools, colleges, and universities, but it won’t stop online education from marching forward. If you’re planning to take up a project, let Moon Technolabs help you. It’s the Top mobile app development company in the USA that excels in providing custom software development services. Source: https://www.moontechnolabs.com/blog/education-app-development-solution-can-be-a-game-changer/ 14

15. Thanks! Does anyone have any questions? sales@moontechnolabs.com +1 (620) 330-9814 www.moontechnolabs.com 15