Education and Learning Analytics Market Size And Share Analysis Report, 2024
IMARC Group has recently released a new research study titled “Education and Learning Analytics Market Report by Analytics Type (Descriptive, Predictive, Prescriptive), Application (People Acquisition and Retention, Curriculum Development and Intervention Management, Performance Management, Budget and Finance Management, Operations Management, and Others), Component (Software, Services), Deployment Mode (On-premises, Cloud-based), End User (Academic Institutions, Enterprises), and Region 2024-2032”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
The global education and learning analytics market size reached US$ 35.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 128.6 Billion by 2032, exhibiting a growth rate (CAGR) of 14.9% during 2024-2032.
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Global Education and Learning Analytics Market Trends:
The increasing demand for skills gap analysis in workforce development, the integration of artificial intelligence (AI) to enhance predictive analytics, and the rising focus on measuring and improving institutional effectiveness through detailed performance metrics and outcomes assessments are strengthening the market growth. In line with this, the expansion of adaptive learning technologies, the necessity for compliance with educational standards and accreditation requirements, and the rising need for real-time feedback mechanisms to improve student engagement and retention rates are creating a positive outlook for market growth.
Factors Affecting the Growth of the Education and Learning Analytics Industry:
· Increasing adoption of digital learning platforms:
With the rapid digitization of education, schools, colleges, and universities worldwide are integrating digital tools and platforms to enhance the learning experience. These platforms generate vast amounts of data on student performance, engagement, and learning behaviors. Learning analytics tools can process and analyze this data to provide actionable insights into student progress, identify learning gaps, and tailor educational content to meet individual needs. The shift to online and hybrid learning models, accelerated by the COVID-19 pandemic, has further intensified the reliance on digital platforms, making learning analytics an essential component for effective education delivery and contributing to the market growth.
· Growing emphasis on personalized learning experiences:
Increasing emphasis on personalized learning experiences is a major factor driving the Education and Learning Analytics market. Personalized learning aims to customize educational content and pacing to match the unique needs and preferences of each student. Learning analytics plays a critical role in achieving this by analyzing data on individual learning styles, strengths, and weaknesses. Educators can use these insights to develop personalized learning plans, recommend appropriate resources, and provide targeted support to enhance student outcomes. The increasing recognition of the benefits of personalized learning, such as improved student engagement, higher retention rates, and better academic performance, is providing an impetus to the market growth.
· Need for data-driven decision-making in educational institutions:
Educational administrators and policymakers are increasingly relying on data to make informed decisions regarding curriculum design, resource allocation, and policy formulation. Learning analytics provides valuable insights into various aspects of the educational process, such as student performance trends, the effectiveness of teaching methods, and areas requiring intervention. By leveraging these insights, institutions can optimize their strategies, improve operational efficiency, and enhance the overall quality of education. The growing pressure on educational institutions to demonstrate accountability, transparency, and improved outcomes is further bolstering the demand for data-driven decision-making tools, including learning analytics.
Education and Learning Analytics Market Report Segmentation:
By Analytics Type:
· Descriptive
· Predictive
· Prescriptive
Descriptive dominates the market due to its ability to summarize past data effectively, helping educators understand historical trends and performance.
By Application:
· People Acquisition and Retention
· Curriculum Development and Intervention Management
· Performance Management
· Budget and Finance Management
· Operations Management
· Others
Performance management represents the majority of shares because it enables institutions to track and enhance student and teacher performance comprehensively.
By Component:
· Software
· Services
Software holds the largest share in the industry as it provides essential tools and platforms for analyzing and visualizing educational data.
By Deployment Mode:
· On-premises
· Cloud-based
Cloud-based deployment accounts for the majority of shares due to its scalability, accessibility, and lower upfront costs compared to on-premises solutions.
By End User:
· Academic Institutions
· Enterprises
Enterprises represent the majority of shares because businesses increasingly invest in learning analytics to upskill their workforce and improve training outcomes.
Regional Insights:
· North America
· Asia Pacific
· Europe
· Latin America
· Middle East and Africa
North America enjoys the leading position due to its advanced educational infrastructure, high adoption of technology in education, and substantial investment in EdTech solutions.
Competitive Landscape with Key Players:
The competitive landscape of the education and learning analytics market size has been studied in the report with the detailed profiles of the key players operating in the market.
Some of These Key Players Include:
· Alteryx Inc
· Blackboard Inc.
· G-Cube
· Inetsoft Technology Corp.
· Information Builders Inc.
· iSpring Solutions Inc.
· MicroStrategy Incorporated
· Saba Software Inc. (Cornerstone OnDemand Inc.)
· SAP SE
· SAS Institute Inc
· Yellowfin Business Intelligence Co
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Key Highlights of the Report:
· Market Performance (2018-2023)
· Market Outlook (2024-2032)
· Market Trends
· Market Drivers and Success Factors
· Impact of COVID-19
· Value Chain Analysis
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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