SEATTLE, USA: The worldwide market for Mobile Learning products and services reached $5.3 billion in 2012 according to a new report by Ambient Insight called the " The 2012-2017 Worldwide Mobile Learning Market." The five-year compound annual growth rate (CAGR) is 18.2 pc and revenues will more than double to $12.2 billion by 2017.
There are 93 countries across seven regions analyzed in this report. 62 of those countries have Mobile Learning growth rates above the global aggregate of 18.2 pc. There are 22 countries in the world with growth rates above 40pc. High growth rates are concentrated in the more dynamic developing countries.
"The patterns in the countries with the highest growth rates are clear," comments Sam S. Adkins, chief research officer. "Six of the top twenty growth rates are in Asia, six are in the Middle East, and five are in Africa. Mobile Learning is now being embraced as an essential strategy to improve education in these dynamic economies."
According to CEO Tyson Greer:"This is the most comprehensive Mobile Learning market report ever published and a milestone in the industry. Our extensive research isolated five primary catalysts in the global mEducation market: the explosion of Mobile Learning value-added services (VAS), strong consumer demand, direct carrier billing, large-scale tablet adoption, and the growing number of personal learning devices coming on the market. For the fifth year in a row, we have revised our worldwide Mobile Learning forecasts significantly upward."
The free Executive Overview is available at:
http://www.ambientinsight.com/Reports/MobileLearning.aspx
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