Ambient Insights has put the current market for mobile learning products and services in the US at $460.4 million. The analysts claim the market will grow at a five-year compound annual growth rate (CAGR) of 27.3%, reaching $1.5 billion by 2011. The reasons behind the growth include “a very large user demographic in place…powerful handheld multimedia devices on the market…and the US is rolling out next-generation high-speed wireless technology at a rapid pace”.
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