Adaptive Learning Software Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports

Adaptive Learning Software Market Analysis - 2028
The global adaptive learning software market size is estimated to be worth US$629.9 million in 2022 and is projected to reach US$ 1456.9 million by 2028 with a Compound Annual Growth Rate (CAGR) of 15.0% during the forecast period. Key drivers of the adaptive learning software market include the increasing need for self-learning and the rapid boom in e-learning solutions in the education sector.

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Further, gamification and cloud deployment will provide lucrative opportunities for the growth of the adaptive learning software market during the forecast period. Moreover, covid 19 impact and rising government initiatives for adaptive learning solutions are expected to boost the growth of the market in the coming years.
Increasing Need For Self-Learning And Boom In Advanced E-Learning Solutions
Self-learning allows learners to learn at their own pace and time. Students are able to control, track and assess their own performance in this approach. The software collects and modifies data according to the learner's needs, tracks improvement, and also predicts their future performance. Further adaptive e-learning solutions have emerged due to the pressing need to increase students' pass rates, scores, and retention levels. Further AR(Augmented Reality), VR(Virtual Reality) and AI(Artificial Intelligence) tools enhance the capabilities of the software making the learning process enjoyable and easy to grasp. Thus the increasing need for self-learning and boom in advanced e-learning solutions will propel the growth of the adaptive learning software market during the forecast period.

Gamification And Cloud Deployment
Gamification has the potential to improve retention rates and enhance the subject matter application. Game-based learning makes it easier for students and learners to grasp the concept easily while bringing the spark back in the classroom. This increases the engagement rate and makes the process enjoyable. Also, cloud-based deployment enables more customization of software at a low cost. Thus benefits of gamification and cloud-based deployment will lead to wide-scale adoption among educational institutions and organizations ultimately fuelling the growth of the adaptive learning software market.

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Key Market Segments
By Type
• Cloud-Based
• On-Premises

By Application
• K-12
• Higher Ed/College
• Corporate

Major Players in the Adaptive Learning Software Market
• SAS
• D2L
• DreamBox Learning
• Wiley (Knewton)
• Smart Sparrow
• Cogbooks
• Docebo
• ScootPad
• Imagine Learning
• Fishtree
• McGraw-Hill
• Paradiso
• IBM

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