Big Data Analytics in Education Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Big Data Analytics in Education Market
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%.

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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.

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.

According to the deployment model, the on-premise segment will offer lucrative opportunities for growth in the market share for big data analytics in education, but the cloud segment will grow at the fastest rate because it has no upfront costs, requires little upkeep, and is widely used by large and mid-sized educational institutions.

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Key Market Segments

• BY COMPONENT
o Software
o Services

• BY DEPLOYMENT MODEL
o On-premise
o Cloud

• BY APPLICATION
o Behavior Detection
o Skill Assessment
o Course Recommendation
o Student Attrition Rate Detection
o Others
• BY SECTOR
o K-12
o Preschool
o Higher Education

• KEY MARKET PLAYERS
o Alteryx, Inc.
o Blackboard Inc.
o Fintellix Solutions pvt. ltd.
o LatentView Analytics
o International Business Machines Corporation
o Microsoft Corporation
o Oracle Corporation
o SAP SE
o SAS Institute Inc.
o Tableau Software
o TIBCO Software Inc.

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