Why Investing in Educational Technology Apps is Worth It

Why Investing in Educational Technology Apps is Worth It

The educational industry is growing rapidly, and the e-learning market is booming. The e-learning market has rose in 2022 with a valuation of $399.3 billion, and it is expected to grow by $842.64 billion with a CAGR of 18.6%. Increasing demand for flexible learning experiences to the users for educational institutions and businesses to adopt eLearning app development services. Educational app development companies play an important role in this growth by offering education app development services that offer a wider range of learning needs. Software development companies develop custom services for their clients that offer more engaging, interactive, and effective learning environments for your users through an eLearning app.

The popularity edtech apps have gotten is noteworthy, with edtech apps gaining top rankings on both the App Store and Play Store. This sudden rise credit is given to the COVID-19 pandemic when there was acceleration and the shift from traditional classroom education to online learning. This has resulted in learners increasingly relying on eLearning Web App Development services to access everything from programming tutorials to full-scale online courses.

Why You Should Invest in Educational App Development?

The COVID-19 pandemic has shown a drastic shift of learners from traditional learning to elearning. Educational app development companies have adapted and enhanced this change for their users for better convenience and effective learning. These have created a change where the learning experience can be flexible, efficient, and convenient for its users.

Investing in education app Development Services is important for EdTech startups in 2024 for few important reasons:

Not rigid as traditional learning: eLearning app development services have offered its users comfort of time, convenience, and levels of learning to all age groups. Elearning has helped to transform traditional education to elearning, where it is more flexible and easily accessible to online platforms, improving the learning experience for its learners.

Exam Preparation and Skill Improvements: With the high demand for competitive exam preparation, eLearning Web App Development services are offering educational app development solutions to help aspirants excel in their exams and certifications. It has given access to its users to a wide range of educators and students to come on an online platform to learn and excel without geographical boundaries.

Professional Development: Elearning has created a platform for users to learn, educate, and upgrade themselves in any profession they want to. From specialists learning new qualifications to individuals upgrading their skills, the custom edtech development companies offer mobile services that encourage the users to further their education on their own terms.

How to Choose the Right Educational App Development Partner

Selecting the right educational app development company is important to make sure of the success of your project.

Skillset: Always make sure that the company has experience in eLearning app development services and is timely updated with current trends and technology.

Previous Projects: Check the number of best educational apps delivered and the speed at which the educational app development companies deliver. Check the quality and clients feedback.

Portfolios: Check and review thoroughly service provider portfolios. Also check the quality and range of their work.

Online presence and growth in their career: estimate their online reputation through reviews and ratings on social media and other platforms.

Building and Educational App : Cost and Main Factors

Cost development for any educational app will estimately start from $20,000 to $350,000. It is mostly depending on main factors like the project complexity, UI/UX design, choice of platform, and developer location.

Project Complexity:

The complexity of the app significantly impacts its development cost. If the eLearning app development services with advanced features and integrations are needed, it will cost more than the app created with basic and minimal functionality.

App UI/UX Design:

If your application is visually appealing, then it is the first way a user can be attracted to your application. Engaging user interface improves the overall experience of the user. Custom UI/UX design can increase costs but also improve user engagement. Especially for educational app development companies focused on delivering the best and most advanced elearning experience.

Choice of Development Platform:

More importantly, what platform you choose to run your software or application is also very important, and if you choose a native app or a hybrid app, it will affect the cost accordingly. Hybrid apps are generally cheaper to develop than native apps. Educational App Development Services mostly recommend hybrid apps for startups or businesses with a limited budget.

Cost breakdown by complexity:

Basic Educational Apps: In this type of educational app, the design is simple and minimal, and the features are easy and basic.

Cost may start from $20,000 to $50,000

Medium Complexity Apps: These types of education apps may have some additional but minimal features with custom UI/UX, moderate functionalities, and some integrations.

Cost may start from $50,000- $120,000

Advanced Educational Apps: These type of educational apps will have the highest quality of technology used, better design, more functionalities, custom architecture, added features, extensive integrations and more

Cost may vary from $100,000 to $250,000+ depending on clients requirements

When developing an educational app, it's important to consider the app's purpose, study competitors, and understand your target audience.

Duolingo is a fun, game-like language-learning app with a user-friendly interface. Its development cost ranges from $25,000 to $100,000. Educational app development companies can create similar apps by creating with interactive features and gamification. Elearning applications like Duolingo offer learning with fun that attracts users.

Udemy is a platform for diverse online courses, offering a subscription model for learners. The cost to develop a Udemy-like app ranges from $70,000 to $105,000. Education App Development Services can help build course-based platforms with secure payment integrations.

Coursera: Known for offering courses from top universities, Coursera provides a comprehensive learning experience. The cost of building an educational app like Coursera ranges from $100,000 to $250,000. eLearning app development services can help develop sophisticated online course solutions with certification features.

edX: edX offers premium online courses and MOOCs (Massive Open Online Courses). Creating an app like edX will cost between $50,000 and $250,000. eLearning Web App Development services can help design and develop apps that deliver professional-quality courses from top institutions.

Conclusion

Elearning has become more convenient, and everyone is adapting to this change in the education industry with high demand. These demands have also increased the business of the education industry and the services providers like software development companies and educational professionals. Software development companies or educational app development technologies are rapidly increasing by offering quality services in the eLearning sector. With the growing availability of smartphones and tablets in this digital world, online learning is becoming more flexible. Partnering with a skilled educational app development company for eLearning app development services can help you create impactful educational apps that meet the needs of modern learners.