The mobile e-learning market size is forecasted to reach 19.5 billion U.S. dollars by 2026, up by more than 148 percent from 2019. However, numbers could be larger than previously expected, due to the impact of the 2020 coronavirus pandemic driving the unprecedented growth in e-learning and language learning apps usage. App Development Stocks are covered on PubCoInsight.
Major stocks include Duolingo Inc (NASDAQ: DUOL), Ceridian HCM Holding Inc (NYSE:CDAY) &NortonLifeLock Inc (NYSE:NLOK)
ClickStream Corporation (OTC:CLIS) announced on December 15, 2021that its social language learning app HeyPal gained more than 229,000 downloads in the last 30 days, compared with approximately 80,000 for the Rosetta Stone: Learn Languages app, according to Sensor Tower. Since the middle of November, the new Android version of HeyPal™ gained 203,000 new downloads, 195,000 monthly active users, and 11,201 daily active users. Furthermore, the average session for HeyPal™ reached 9 minutes over the last 30 days – continuing to exceed the five-minute average mobile users typically spend in an app. The HeyPal™ app incorporates several features that actively engage Android and iOS users while enhancing their overall experience, including algorithms that allow users to build their social profiles to increase their global followers, and the ability to upload fun and engaging videos as a form of communication
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