The Education And Learning Analytics by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Education And Learning Analytics, The education and learning analytics market size has grown rapidly in recent years. It will grow from $21.6 billion in 2023 to $25.78 billion in 2024 at a compound annual growth rate (CAGR) of 19.4%. The growth in the historic period can be attributed to increased use of learning management systems (lms), availability of big data in education, personalized learning initiatives, government initiatives and funding, emphasis on student success and retention..
The education and learning analytics market size is expected to see exponential growth in the next few years. It will grow to $53.68 billion in 2028 at a compound annual growth rate (CAGR) of 20.1%. The growth in the forecast period can be attributed to cross-platform analytics integration, user-friendly analytics interfaces for educators, integration of learning analytics in corporate training, emphasis on social and emotional learning analytics, integration of learning analytics in k-12 education.. Major trends in the forecast period include integration of artificial intelligence (ai), predictive analytics for student success, personalized learning experiences, cross-institutional learning analytics, open educational resources (oer) integration..
Government initiatives in digitalizing the education sector are expected to propel the growth of the education and learning analytics market. The rise in remote learning and consistent student engagement on e-learning platforms during the pandemic has been anticipated to generate huge data, which will open ways to adopt education and learning analytics For instance, in 2022, the government of UAE launched the ‘UAE Digital Economy Strategy’ that aims to double the contribution of the digital economy to the UAE’s GDP from 9.7% in 2022 to 19.4% within 10 years. Therefore, demand for education and learning analytics will rise as the prevalence of increasing government initiatives in digitalization rises.
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The education and learning analytics market covered in this report is segmented –
1) By Analytics Type: Predictive Analytics, Prescriptive Analytics, Descriptive Analytics
2) By Deployment: On-Premise, Cloud-Based
3) By Component: Software, Services
4) By End User: Academics, Corporates
Technological advancements are a key trend gaining popularity in the education and learning analytics market. Many companies operating in education and learning analytics are developing new products or new technologies for strengthening the demand for the education and learning analytics market. For instance, in 2021, Adobe, a US-based company introduced adobe analytics, a higher education program. This program supports the future workforce with data science skills and helps college instructors and students to use adobe analytics which is a customer data analytics platform for free. Students will learn how to use data to drive business choices and build skills for vocations ranging from data science to product management and marketing with adobe analytics.
The education and learning analytics market report table of contents includes:
- Executive Summary
- Education And Learning Analytics Market Characteristics
- Education And Learning Analytics Market Trends And Strategies
- Education And Learning Analytics Market – Macro Economic Scenario
- Global Education And Learning Analytics Market Size and Growth
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- Global Education And Learning Analytics Market Competitive Benchmarking
- Global Education And Learning Analytics Market Competitive Dashboard
- Key Mergers And Acquisitions In The Education And Learning Analytics Market
- Education And Learning Analytics Market Future Outlook and Potential Analysis
- Appendix
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