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Education and Learning Analytics Market Rising Need with Microsoft, IBM Corporation, SAP SE, TABLEAU SOFTWARE, ALTERYX, INC., QlikTech, Saba Software, SkyPrep Inc, Information Builders and More

05-08-2020 12:48 PM CET | Arts & Culture

Press release from: Data Bridge Market Research

Education and Learning Analytics Market

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 to 2026.

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.

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Global Education and Learning Analytics Market, By Application (People acquisition and retention, Curriculum development and intervention, Performance management, Budget and finance management, Operations management, others), Components (Software, Services), End-Users (Academic, Enterprise/corporate), Analytics Types (Predictive analytics, Prescriptive analytics, Descriptive analytics), Deployment Models (On-premises, Cloud), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2026

Few of the major competitors currently working in education and learning analytics market are 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, Schoology, iSpring Solutions Inc., G-Cube, Latitude CG, LLC, Mindflash Technologies Inc., Alation Inc., InetSoft Technology Corp., Yellowfin Business Intelligence, D2L Corporation and others.

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

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.

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