About Study Tools
Learners can use study tools to help them prepare for tests and assessments. This includes everything from flashcards to vocabulary that aids users in preparing for standardized tests. These are adaptable tools that can be found on websites, mobile apps, or software that can be downloaded. Teachers can use study tools to accommodate different learning styles, allowing students to learn in a way that is comfortable for them. Adaptive learning is used by some study tools to tailor courses to each individual student. Study tools are not restricted to specific subjects and are frequently used outside of a traditional academic setting, though many are used in classrooms by educators to substitute their courses as well.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Study Tools market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
McGraw-Hill (United States), Pear Deck (United States), BibliU (United States), Quizlet (United States), Imagine Learning (United States), USATestprep (United States), Educational Testing Service (United States), Kahoot (Norway), NoRedInk (United States) and Magoosh (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are ExamTime (United Kingdom), StudyStack (United States) and Graduate Management Admission Council (United States).
Segmentation Overview
AMA Research has segmented the market of Global Study Tools market by Type (Specialized Tools and Generalized Tools), Application (Educators, Students and Independent Learners) and Region.
On the basis of geography, the market of Study Tools has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Functionality, the sub-segment i.e. Create And Share Resources will boost the Study Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment , the sub-segment i.e. On-premise will boost the Study Tools market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration Of Advance Technology Such AI And Iot
Market Growth Drivers:
Growing The Demand Of Personalized Learning Solutions and Increasing Demand For Online Education And E-Learning Due To Pandemic
Challenges:
Lack Of Awareness About Study Tools In Rural Area
Restraints:
High Cost Associated To Study Tools
Opportunities:
Increasing Number Of Online Study Tools And Mobile Application Fuels The Growth and Growing Numeral Of Scholars Pursuing Higher Education
Market Leaders and their expansionary development strategies
In August 2021, Platinum Equity has acquired of McGraw Hill, a global leader in educational content and digital platforms. The acquisition will help to shape and facilitate the continued shift to digital taking place across the education landscape.
August 2023, Quizlet, a worldwide learning platform, has unveiled a number of new study tools to help students return to the classroom with renewed confidence this school year. These new product launches provide additional AI-powered resources to Quizlet's 60 million monthly active users, combining cognitive science and artificial intelligence to help students learn more successfully and efficiently.
Key Target Audience
Study Tools Developer, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.