Education and Learning Analytics Market Reflect Impressive Expansion With Top Vendors Microsoft, IBM, SAP, Tableau Software, Alteryx, Qlik, Saba Software, SkyPrep Training Software, Information Builders, Watershed Systems, Inc., Oracle, SAS, TIBCO
Education and Learning Analytics is the process of measuring, collecting, of data and doing analysis on it and report the output in terms of data in education system for improvising the teaching solutions, for purposes of understanding and optimizing learning, getting detailed inferences out of the complex data.It provides various advantages like completion rates to check on the risk learners and provide the solutions for the same, engagement among students, course effectiveness to identify the ways for optimizing the data.
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Market Analysis: Global Education and Learning Analytics Market
Global Education and Learning Analytics Market is driven by the need for improving decision making using data and latest technology, which is projecting a rise in estimated value from USD 2.8 billion in 2018 to an estimated value of USD 13.30 billion by 2026, registering a CAGR of 21.5% in the forecast period of 2019-2026.
Key Developments in the Market:
• In September 2018, the up gradations in SAP Analytics Cloud solution by SAP SE for detecting the problems pro-actively, and reducing risk for the problem statements or projects. Also, the solution helps in enabling the creation of advanced dashboards and storyboards autonomously, and helps the vendors, suppliers for keeping track of the operations by getting inferences out of the complex data.
• In January 2018, Microsoft introduced up gradations in its Office 365 Education with improved enhanced input, and analytics capabilities, such as increase in quality of sharing documents and also helps in combining workplace chat, meetings, notes, and attachments.
Competitive Analysis: Global Education and Learning Analytics Market
Global education and learning analytics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of education and learning analytics market for Europe, North America, Asia Pacific and South America.
Competitors/Players: Global Education and Learning Analytics Market
Microsoft, IBM Corporation, SAP SE, TABLEAU SOFTWARE, ALTERYX, INC., QlikTech, Saba Software, SkyPrep Inc, Information Builders, Watershed Systems, Inc., Oracle, SAS Institute Inc., TIBCO Software Inc., MicroStrategy Incorporated, SchoologyiSpring Solutions Inc., G-Cube, Latitude CG, LLC, Mindflash Technologies Inc., Alation Inc., InetSoft Technology Corp., Yellowfin Business Intelligence, D2L Corporation and others
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Market Drivers:
• Rising need for solving problems and decision making on the basis of data for improving the quality inferences
• Upsurge of adoption of machine learning
Market Restraints:
• Lack of awareness and trained resources for managing education analytics solutions
Segmentation: Global Education and Learning Analytics Market
By Application
o People acquisition and retention, Curriculum development and intervention, Performance management, Budget and finance management, Operations management, Others
Tuition And Enrolment Planning
Quality Management
By Components
o Software, Services
Managed services, Professional services, Consulting, Support and maintenance
By End-Users
o Academic
K-12, Higher education
Enterprise/corporate
o SMEs,
o Large enterprises
By Analytics Types
o Predictive analytics, Prescriptive analytics, Descriptive analytics
By Deployment Models
o On-premises, Cloud
By Geography
o North America, South America, Europe, Asia-Pacific, Middle East and Africa
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