According
to the new market research report "Education and Learning
Analytics Market by Application (Performance Management, Curriculum Development
and Intervention Management, and People Acquisition and Retention), Component,
Analytics Type, Deployment, End-User, and Region - Global Forecast to
2023", published by MarketsandMarkets™, the Education
and Learning Analytics Market size is expected to grow from USD 2.6 billion in
2018 to USD 7.1 billion by 2023, at a Compound Annual Growth Rate (CAGR) of
22.6% during the forecast period.
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miss out on business opportunities in Education and Learning
Analytics Market Speak to our analyst and gain crucial industry
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The
key factors driving the Education and Learning Analytics Market include the
rising need for data-driven decisions to improve education quality and the
growing adoption of mobile learning.
Browse and
in-depth TOC on "Education
and Learning Analytics Market"
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TOC @
Descriptive analytics segment
constituted the largest market share in 2018
Descriptive
analytics uses data to provide greater insights into current or past events.
This analytics type is used at different levels within the university. With the
help of this analytics type, the university can map students based on their
performance, workload, or engagement. Similarly, it helps map the effectiveness
of teachers’ skills and methods used for teaching to enhance student’s learning
experience. Hence, the descriptive analytics segment is expected to continue
garner the largest revenue during the forecast period.
Services segment is expected to grow at a higher CAGR during the
forecast period
Categories in the Education and Learning Analytics
Market by component are software and services. Professional services and
managed services help enterprises in building successful client relationships
by continuously supporting them through the business tenure. Furthermore, these
services benefit enterprises by maximizing the resource usage, improving
project execution, and streamlining the business operations. The need for
services, such as support and maintenance, would also grow, as the adoption of
education and learning analytics software increases.
Academic institutions segment is expected to maintain the leading
position in terms of revenue generation during the forecast period
Academic institutions, such as universities,
colleges, and schools, providing K-12 and higher education are the biggest
users of education and learning analytics solutions. These end-users use the
solutions to analyze the behavior of students, identify patterns, and take
data-informed decisions related to the students’ progress. Among academic
initiations, higher education institutes would continue to garner the largest
revenue during the forecast period.
North America is expected to account for the largest market size during
the forecast period
North America is expected to account for the largest
market size in the overall Education and Learning Analytics Market during the
forecast period. It is the most advanced region in terms of technology adoption
and IT infrastructure. The presence of key vendors of education and learning
analytics vendors, as well as the widespread awareness about these solutions
would continue to constitute the largest market share during the forecast
period.
The
Education and Learning Analytics Market
comprises major solution providers, such as IBM (US), TIBCO (US), Microsoft
(US), Oracle (US), SAP (Germany), SAS Institute (US), Tableau Software (US),
MicroStrategy (US), Alteryx (US), Qlik (US), SABA software (US), Blackboard
(US), Schoology (US), iSpring (US), G-Cube (India), Latitude CG (US), Mindflash
(US), SkyPrep (Canada), Information Builders (US), Watershed Systems (US),
Yellowfin (ýAustralia), and Enlit, LLC (US). The study includes in-depth
competitive analysis of these key players in the market with their company
profiles, recent developments, and key market strategies.
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Research Insight: https://www.marketsandmarkets.com/ResearchInsight/learning-analytics-market.asp
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/learning-analytics-market.asp
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