US Mobile Learning Revenues Reached $632 Million in 2009
Published on: 26th Aug 2010
Note -- this news article is more than a year old.
The US demand for Mobile Learning is growing by a five year compound annual growth rate (CAGR) of 18.3% and revenues will reach $1.4 billion by 2014, according to a new report by Ambient Insight. In 2009, the US overtook Japan to become the top m Learning market in the world.
"New suppliers are entering the market at a steady pace," reports Chief Research Officer Sam S. Adkins. "A very new trend is the emergence of dozens of new native mLearning tools and platforms that were built from the ground up to develop and manage Mobile Learning. It is also interesting that three new types of packaged content emerged in 2009 and 2010."
"The current US Mobile Learning market is being driven by consumers and healthcare buyers, who increased spending on m-Learning even at the height of the recession," comments CEO Tyson Greer. "The number of consumer-facing Mobile Learning content applications has exploded over the last two years. In the healthcare segment, the demand is being accelerated by the growing mHealth trend. We will release a detailed analysis of the healthcare segment in two weeks."
"The current growth rate combined with the market catalysts and favorable business climate for Mobile Learning reflects a market with sustainable revenues and clear revenue opportunities for suppliers," adds Adkins. "The data in this report provide visibility into those revenues and opportunities."