big data analytics in education market size was valued at US$ 13.58 billion in 2020 and is projected to reach US$ 57.14 billion by 2030 registering a CAGR of 15.3%. - valuates reports

The global big data analytics in education market size was valued at US$ 13.58 billion in 2020 and is projected to reach US$ 57.14 billion by 2030 registering a CAGR of 15.3%.

The numerous advantages that big data in education offers, rising internet penetration, and the desire to boost administrative efficiency while lowering educational expenses are the main factors driving the market for big data analytics in education.

Additionally, the market is anticipated to rise quickly due to the quick adoption of cloud-based learning analytics solutions, the advancement of advanced communication technologies, and the rising use of mobile phones. Additionally, COVID-19 has contributed to the expansion of the culture of online learning, which will provide abundant prospects for the expansion of Big Data Analytics in the Education Market throughout the anticipated time.

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Trends Influencing the Growth of the Global Big Data Analytics in Education Market
The use of big data analytics in the education industry is essential. Big data analytics helps educational institutions make quicker choices and acquire a competitive edge by promptly analyzing and acting upon information, in addition to improving administrative effectiveness. Institutions may plan for, keep an eye on, and handle a variety of situations to raise student and instructor performance. Additionally, analytics supports the optimization of marketing techniques, boosting the operational effectiveness of institutions. Through real-time data analysis, big data also increases student engagement, lowers dropout rates, and aids in the development of personalized programs for each individual student. As a result, throughout the projected period, big data offers lucrative potential for the expansion of big data analytics in the education market.

The need for big data analytics is being fueled by the widespread use of cloud-based analytics tools and rising internet usage. Educational institutions may analyze huge dataset volumes using cloud analytics to find vital information. The expenses of many institutions' infrastructure, operations, and storage are also decreased via cloud computing. These products provide organizations with greater security and protect important company data. Additionally, throughout the forecast period, Big Data Analytics in Education Market is expected to develop as a result of the quick adoption of smartphones, the widespread usage of connected devices on college campuses, and the rising government push towards digitalization.

Big data analytics gives educational institutions insights into a range of topics, including curriculum creation, resource allocation, and performance evaluation, allowing them to make data-driven choices. Analytics may be used by administrators and policymakers to spot patterns, assess the success of policies and programs, and improve instructional plans for better results. This factor is expected to drive the growth of Big Data Analytics in the Education Market

Big Data Analytics In Education Market Share Analysis
Due to the increasing use of big data analytics software tools for better extraction, analysis, and visualization of patterns, trends, and associations within massive sets of data, the software segment will offer lucrative opportunities for growth in Big Data Analytics in Education Market Share, according to components. On the other hand, because of the increased use of big data analytics services in the education sector, the services category will have the quickest growth.

Due to the rapid uptake of smartphones and tablets, the fusion of cutting-edge technologies like AI and big data analytics, and the region's accelerated digital transformation, Asia-Pacific will offer lucrative opportunities for growth in the Big Data Analytics in Education Market Share.

Among the most attractive sectors for development in the Big Data Analytics in Education Market during the course of the projection is higher education, according to the sector.

Key Market Segments

BY COMPONENT
Software
Services

BY DEPLOYMENT MODEL
On-premise
Cloud

BY APPLICATION
Behavior Detection
Skill Assessment
Course Recommendation
Student Attrition Rate Detection
Others

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