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Education and Learning Analytics Market Latest Trends and Analysis, Future Growth Study by 2032

04-06-2023 10:38 AM CET | IT, New Media & Software

Press release from: Analytics Market Research

Education and Learning Analytics Market

Education and Learning Analytics Market

Education and learning analytics market is expected to grow at a compound annual growth rate of 22% in the forecast period of 2021 to 2028.

The measuring, gathering, analysis, and reporting of data on learners for the purpose of enhancing their educational experience is referred to as education and learning analytics. It combines data science, sociotechnical system thinking, analytics, visualization, artificial intelligence (AI), and educational research to create designs that are centred on people. These resources are used to create curricula for students as well as by business organisations to create plans for hiring, retaining, retraining, intervening, and managing operations and performance of staff.

Global Education and Learning Analytics Market Scope and Market Size

The market for analytics in education and learning is divided into categories based on component, analytics type, deployment model, application, and end user. The development of different segments enables you to identify your primary application areas, the differences in your target markets, specialised pockets of growth, and marketing tactics.

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Software and services make up the component section of the market for education and learning analytics. Managed services, professional services, support and maintenance, and consulting are further service categories.
The market for analytics in education and learning is divided into three categories based on the type of analytics used: predictive analytics, prescriptive analytics, and descriptive analytics.
The market for education and learning analytics is divided into on-premises and cloud based on deployment model.
The market for education and learning analytics is divided into subgroups based on application, including hiring and retaining employees, developing and modifying curricula, managing performance, managing finances and budgets, managing operations, and others.
Enterprises and academic institutions make up the education and learning analytics market's end user segments. The academic sector is further divided into k-12 and greater learning. Businesses have also been divided into segments related to retail, finance, healthcare, the public sector, and other industries.

Further key findings from the report suggest

In 2020, the enterprise/corporate industry vertical held a 59.2% market share. The expansion of core banking systems, which estimate digital credit for clients based on their profiles, is principally responsible for the predicted rapid development in the adoption of these solutions in the banking sector.

During the projection period, the operations management segment is expected to experience a CAGR of 16.8%. This market is expanding because it enables access to interactive, simple-to-understand live facts on the learner and places more emphasis on their areas for progress. It is anticipated that increased understanding of these advantages would soon lead to the academic sector's support of such analytics methodologies.

The category for predictive analytics is anticipated to experience the highest CAGR of 17.5% during the projection period. As predictive analytics emerged as a viable field, providing teachers and students with insights for adopting better practises to progress performance, China grew to become the segment's largest user.

The greatest CAGR of 18.6% is anticipated for Europe throughout the forecast period. Due to the abundance of solution manufacturers in this industry, nations like Germany, France, the United Kingdom, and Belgium are quickly catching up. A high demand for technical systems among the nations in this region is fostering market expansion.

By Component
• Software
• Services

By Deployment Model
• On-Premise
• Cloud

By Application
• Behavior Detection
• Skill Assessment
• Course Recommendation
• Student Attrition Rate Detection
• Others

By Sector
• K-12
• Preschool
• Higher Education

Company Profiles:
• IBM Corporation
• Blackboard Inc.
• D2L Corporation
• McGraw Hill Education
• Oracle Corporation
• Pearson Education
• Saba Software
• SAP SE
• SAS Institute Inc.
• Tableau Software
• Edmentum Inc.
• Civitas Learning Inc.
• Cornerstone OnDemand Inc.
• Alteryx Inc.
• Jenzabar Inc.

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Some Important Points Answered in this Market Report Are Given Below:
• Explains an overview of the product portfolio, including product development, planning, and positioning
• Explains details about key operational strategies with focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
• Detailed analysis of the market revenue over the forecasted period.
• Examining various outlooks of the market with the help of Porter's five forces Analysis, PEST & SWOT Analysis.
• Study on the segments that are anticipated to dominate the market.
• Study on the regional analysis that is expected to register the highest growth over the forecast period

Key Benefits For Stakeholders:
• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the Market analysis from 2023 to 2032 to identify the prevailing Market opportunities.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global Market trends, key players, market segments, application areas, and market growth strategies.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• In-depth analysis of the Market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.

To Know More, Click here: https://analyticsmarketresearch.com/reports/education-and-learning-analytics-market/76714/

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About Us

Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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