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What is the amount needed to build an Online tutor app solution?
December 31, 2021
Due to this pandemic situation students and teachers are taking more online classes. For this situation, the utmost requirement is the online tutor app. Hence this situation creates a high demand for tutor apps.
These apps offer the opportunity to create easy communication between teachers and students. Besides this, these online tutor apps’ design is in an organized way to conduct classes. You can also go for our solutions like The School college management platform.
WORLDWIDE DEMAND, COST-FRIENDLY APPROACH
There is a worldwide demand for these apps. Therefore, it is necessary to create more and more online tutor app to find the solution to this problem. But the cost to develop an online tutor App solution determines the abundance and feature-rich creation of this application. In addition, it also defines how cost-friendly and hence customer-friendly will be for these apps.
In other words, how much data cable to the whole world. The online tutor app significantly includes various features. For example classroom, assignment, push notifications, video calling, private messaging, private submission of work, attendance, and song.
WORLD OVERVIEW, COST OF DEVELOPING ONLINE TUTOR APPS
Analyzing the rapid progress of online tutor apps researchers think that by 2021 the cost of developing online tutor apps will reach up to US $1.95 billion. In addition to this, the number of users will also have reached about 9.5 million. Presently India is the second-largest country that contributes in this huge amount.
This expects that by 2026 this exponent shall rate will cross the US $11.6 billion.
But some researchers also expect it can even grow up to $132.21 billion. Besides this, they expect $ 369.69 billion in 2025.
Moreover, CAGR is found 15.7% recorded between 2016-2018. Hence, researchers say that the CAGR of the tutor apps will be 23% between 2019 and 2023. Besides this, the global K-12 online tutoring market’s growth rate i.e. CAGR will be close to 12%.
Furthermore, these online tutor apps are fast-growing in coin tries that are significantly focusing on online learning. It mainly includes Asia Pacific, North America, The Middle East, Europe, and so on.
COST STRUCTURE OF ONLINE TUTOR APP SOLUTION
FREE OF COST SERVICES
Online Tutor Apps mainly offers free registration. These apps offer main services for free so that students can easily avail themselves of them. But some apps offer a free trial of special features for a certain period. This attracts the users and they have to pay for that feature after the trial period.
SUBSCRIPTION OF ONLINE TUTOR APP
Some Online Tutor Apps allow subscription, especially the best feature apps. For this, you need to install an exclusive feature. For this, it requires customers to pay a certain amount of money. But this subscription depends on the market trend. You should minimize the subscription so that students can easily subscribe to that.
IN-APP PURCHASE COST
However, some apps do not offer subscriptions but offer in-app purchases. But these in-app purchases are mainly due to special features. Especially new features are mainly the in-app purchases. Generally, you can attract new users due to its new features and try to access that.
ADVERTISEMENT, DRAINING, AND INCOMING COST
Advertisement charges are also included in Online Tutor Apps. It includes the advertisement cost of your Online Tutor App. Moreover, these apps show advertisements of various education-related apps. It gives a source to earn money. But you must set the charges for these advertisements based on certain features. It usually includes The time of display on the page and how much profit they earn from your app.
MAINTAINANCE COST OF ONLINE TUTOR APPS
Since these are educational apps and help to conduct classes through this regular updates are very important. This regular maintenance, adds a huge sum to the cost of online tutor app development. Besides this automatic updates adds another added cost. For instance, after checking the assignments, updating the scores and numbers. Furthermore, maintaining students’ grade sheets, attendance sheets, improvement statistics, etc.
EASY COST SOLUTION OF ONLINE TUTOR APP
Studies say that 45% of US student uses digital learning for learning. Moreover, 40% of the student find this process very purposeful. Significantly they find this helpful because it organizes the schedule.
On a worldwide basis, 80% of students consider this online tutor app very helpful. Students give reviews that this app helps them to boost their grades.
Approximately 20 million students use these online tutor apps are from google.
Even YouTube Edu is a good platform and is on the preference list of 500 universities. This is because of its efficient posting of lectures i.e. full online courses.
Furthermore, schools are also signing into this online tutors app. They are mainly from Africa, Span, Netherland, and Poland.
80,000 + online tutor apps are there in app stores in 2021.
Moreover, in the google apps store and apple app store, Online tutor apps run as the third most popular.
Hence every online tutor apps are quite affordable and easy to reach to everyone. Hence the cost of this app development is affordable enough. For more information, you may also visit the page of Lytechx Digital Pvt Ltd, the best web development company in Jaipur. And you may also for our other co tent like the Top Rated Frontend framework For your website in 2021.