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Kids Music Learning Apps Market Growing Demand, Business Developments Forecast to 2031

04-05-2023 07:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Ocean

Kids Music Learning Apps Market Growing Demand, Business

The global kids music learning apps market held a market value of USD 198.76 Million in 2021 and is estimated to reach USD 584.90 Million by the year 2030. The market is anticipated to register a CAGR of 12.9% during the forecast period. Moreover, the market volume size in 2021 was nearly 4.37 Million subscribers.

With the increasing inclination towards learning applications, music learning applications have seen a steady rise over the past few years owing to a surge in inclination towards such platforms for children. The driving factors of this industry include high usage of smartphones and smart devices by children, focus on parents to develop their children?s music knowledge, as well as increase accessibility to the applications online.

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On the other hand, the increased data breaches and the security concerns are expected to hamper the market growth over the anticipated period. However, the increased advancements in the applications is set to create lucrative opportunities in the near future. For instance, Read Music Pro constitutes nearly 125 exercises for sight-reading, coupled with many quizzes and tools to recall the names in a series of notes.

Growth Influencers:

Increasing awareness about education apps
Music education in the last few years is able to grasp the attention of students all over the world. Elements, such as video conferencing, file sharing, instant messaging, digital whiteboarding are mediums that are used for conveying online music education. The digital music tools including YouTube, digital sheet music, application and platforms, cloud-based systems, are transmuting the music education industry from the traditional music learning process. The rising demand of these apps is due to the rising contribution of the prominent players in the market, in turn, driving the growth for kids music learning apps industry.

Increasing proliferation of connected and smart devices in e-learning
With the pandemic outbreak, there occurred a rise in usage of smartphones and smart devices in households across the globe. In light of this, it also resulted in the increase in children learning online music. For instance, a survey conducted by the Royal Philharmonic Orchestra, stated that around 38% of the children in the UK commenced learning a musical instrument during the isolation period at home. Thus, such increase in the usage of smart devices and increasing inclination is expected to drive the market growth.

Segments Overview:

The global kids music learning apps market is segmented into instrument type, session type, platforms, learning styles, age group, and pricing model.
By Instrument Type,

? Piano
? Guitar
? Banjo
? Violin
? Others

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The guitar segment held the highest market share of more than 30% in 2021 owing to the capability of guitar instruments to perform several music forms such as remix, pop.

By Session Type,
? Solo
? Group

The solo session type segment is projected to achieve the highest growth rate of approximately 13.1%.

By Platforms,
? Web-based
? Mobile
o iOS
o Android

On the basis of mobile segment, the iOS sub-segment is projected to cross the mark of USD 100 Million revenue by 2023.

By Learning Styles,
? Visual (Spatial)
? Aural (Auditory-Musical)
? Verbal (Linguistic)
? Physical (Kinesthetic)
? Logical (Mathematical)
? Social (Interpersonal)
? Solitary (Intrapersonal)

The visual segment held the largest market share of more than 30% in 2021. On the other hand, the social segment held an opportunity of more than USD 50 Million during 2022-2030.

By Age Group,
?

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About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean is the world's leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.

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