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Education and Learning Analytics Market by Application, Component, Analytics Type, Deployment, End-User And Region - Global Forecast to 2023

Education and Learning Analytics Market: Global Forecast until 2023

  • October 2018
  • 181 pages
  • ID: 5608419
In this report:
The predictive analytics segment is expected to grow from USD ##.## million in 2018 to USD ##,##.## million by 2023, at a CAGR of ##.##% during the forecast period.
North America is estimated to hold the highest market share in the global education and learning analytics market in 2018 and is expected to grow at a CAGR of ##.##% during the forecast period.

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Increasing need for data-driven decisions to extend quality of education is driving the market increase

MarketsandMarkets estimates the overall education and learning analytics market to grow from $2.60B in 2018 to $7.10B by 2023, at a Compound Annual Increase rate of 22.60 percent during the forecast period. The education and learning analytics market is increasing quickly with the growing need for data-driven decisions to ameliorate education quality and transition of education toward mobile learning. Nevertheless, the lack of awareness and expertise required to manage education analytics solutions would limit the increase of the market.

Curriculum development and intervention management segment is anticipated to grow at the highest CAGR (Compound annual growth rate) during the estimate period

Education and learning analytics allows educators and instructors to apply analytical outcomes for formulating curriculum and teaching strategies to effectively support students according to their individual requirements. Analytical tools enable visualization of current student performance and their correlation with different factors affecting a student's performance, thus providing educators with business insights to better shape their teaching styles and study materials.

Academic end-user segment is forecasted to be the biggest adopter of education and learning analytics solution in 2018

Academic end-users refer to educators, tutors, and academic institutions who have info and analytics requirements across several areas, including student acquisition and retention, curriculum development and intervention management, performance assessment, and budgeting and finance management.Academic end-user segment is further bifurcated into K-12 and higher education, with the higher education segment emerging as a larger adopter of education and learning analytics solutions.

The higher education segment observes a wide adoption of data and analytics tools to enhance learning, recruitment, fundraising, planning, and other operational areas to maximize productivity and stay ahead in the competition in the education sector vertical.

Education and learning analytics market in Asia-Pac is expected to grow at the highest compound annual growth rate (CAGR) during the outlook period

The high increase of the market in Asia Pacific (APAC) is assigned to the globalization, quick economic developments, favorable government policies, and growing digitalization in the area with the rising interest of businesses toward technologies, including Business Intelligence, big data, and Internet of Things.Moreover, low teacher-student ratio across different developing countries in the territory, remains the biggest hurdle in the development of personalized learning experience for students.

The technology-based learning tools present an optimal solution for these countries with the lowering of technology costs, growing awareness, availability of tech talent, and favorable economic conditions.

Comprehensive interviews were managed with the Chief Executive Officers, marketing directors, other innovation and technology directors, and executives from numerous main institutions operating in the education and learning analytics market.

• By Organization - Tier 1 - 22.0 percent, Tier 2 - 30.0 percent, and Tier 3 - 48.0 percent

• By Description - C-suite - 30.0 percent, D-level - 45.0 percent, and Others - 25.0 percent

• By Area - North America continent - 42.0 percent, Europe (EU) - 26.0 percent, Asia-Pac - 20.0 percent, and rest of the world - 12.0 percent

The education and learning analytics market comprises main solution providers, including IBM (NYSE:IBM), TIBCO, Microsoft, Oracle Corporation (NYSE:ORCL), SAP, SAS Institute, Tableau Software, MicroStrategy, Alteryx, Qlik, SABA software, Blackboard, Schoology, iSpring, G-Cube, Latitude CG, Mindflash, SkyPrep, Information Builders, Watershed Systems, Yellowfin (?Australia), and Enlit, LLC. The market research includes detailed competitive review of these main actors in the education and learning analytics market with their company descriptions, recent evolutions, and key industries strategies.

Segment Research

The education and learning analytics market revenue is primarily classified into incomes from software and services.Software revenue is combined with software and platform offerings while services' revenue is associated with managed and professional services.

The professional services include support and maintenance, and consulting. The sector is also broken down on the basis of application, component, end-user, analytics type, deployment model, and area.

Key benefits of the report

The analysis would benefit the market top players/new sector entrants in this sector with the data on the best approximations of the revenue data for the global education and learning analytics market and the sub-segments.This industry report would benefit partners distinguish the competitive landscape and gain insights to better option their businesses and plan suitable go-to-market strategies.

The market research also benefits partners comprehend the pulse of the sector and offers them with the info on the main market drivers, market restraints, opportunities, and alternatives.

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