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Adaptive Learning Software Market Size, Share, Growth Trends And Outlook Forecast 2024-2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Adaptive Learning Software Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $8.12 Bn In 2028 At A CAGR Of 19.3% :
The adaptive learning software market size has grown rapidly in recent years. It will grow from $5.36 billion in 2023 to $4.01 billion in 2024 at a compound annual growth rate (CAGR) of 19.1%. The growth in the historic period can be attributed to increasing demand for personalized learning solutions, rise of e-learning and online education, growth of the edtech industry, expansion of mobile learning, and shift in pedagogical approaches towards competency-based learning.
The adaptive learning software market size is expected to see rapid growth in the next few years. It will grow to $8.12 billion in 2028 at a compound annual growth rate (CAGR) of 19.3%. The growth in the forecast period can be attributed to expansion of online education, emphasis on lifelong learning, growing adoption of mobile devices, increased focus on inclusive education, and demand for customizable solutions. Major trends in the forecast period include integration with AI, gamification in learning, social learning integration, mobile optimization, and online education.
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Adaptive Learning Software Market Major Segments
The adaptive learning software market covered in this report is segmented -
1) By Component: Solution Or Platform, Services
2) By Deployment Model: Cloud-Based, On-Premise
3) By Model: Gamification, Big Data, Virtual Learning Model, Other Models
4) By Application: Student Collaboration, Analytics And Insights, E-learning Authority, Integrated Learning Management Systems (LMS)
5) By End User: K-12 Education, Higher Education, Corporate
Key Driver - Rising Awareness Of Learning Disabilities Fuels Growth In Adaptive Learning Software Market
The growing awareness of learning disabilities is expected to propel the growth of the adaptive learning software market going forward. Learning disabilities are neurological illnesses that impair a person's ability to acquire, process, or retain knowledge, causing problems with reading, writing, math, and other academic skills. Adaptive learning software significantly enhances educational outcomes for students with learning disabilities by customizing content and pacing to meet individual learning needs. For instance, in May 2023, according to the National Center for Education Statistics, a US-based agency, in the 2021-2022 academic year, around 7.3 million U.S. students aged 3-21 received special education services under the IDEA with specific learning disabilities being the most prevalent disability at 32%. This slightly increased from the 7.2 million students served in the 2020-2021 academic year. Therefore, the growing awareness of learning disabilities is driving the growth of the adaptive learning software market.
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Prominent Trend - AI Innovations In Education The Future of Personalized Learning
Major companies operating in the adaptive learning software market focus on introducing intelligent AI-connected teaching and learning solutions, such as AI-driven tutoring software, to optimize student engagement and performance through personalized learning experiences. AI-driven tutoring software leverages advanced algorithms and machine learning techniques to provide personalized and adaptive learning experiences tailored to student's needs and learning styles. For instance, in August 2022, HMH, a US-based education technology company, launched Amira Learning + Saxon Phonics and Spelling, a networked teaching and learning system. It is intended to assist fundamental literacy in K-2 classrooms by combining two main components such as Amira Learning and Saxon Phonics and Spelling. Amira Learning is an AI-powered reading tutor that uses cutting-edge speech recognition and AI algorithms to give 1:1 reading tutoring, oral fluency assessments, and dyslexia screenings.
Adaptive Learning Software Market Players
Major companies operating in the adaptive learning software market are HCL Technologies Limited, Pearson PLC, SAS Institute, McGraw Hill, Houghton Mifflin Harcourt (HMH), Macmillan Publishers, Imagine Learning, Curriculum Associates LLC, D2L Corporation, Docebo, intellAdapt, DREAMBOX LEARNING, Fuel Education LLC, Paradiso, Knewton Inc., Cerego, Realizeit, Intetics Inc., Fishtree, Smart Sparrow Pty Ltd, aNewSpring, Kidaptive, EdSurge Inc., Scootpad, Domoscio
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Largest And Fastest Growing Region In The Market
North America was the largest region in the adaptive learning software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the adaptive learning software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Adaptive Learning Software Market Report Structure
3. Adaptive Learning Software Market Trends And Strategies
4. Adaptive Learning Software Market - Macro Economic Scenario
5. Adaptive Learning Software Market Size And Growth
…..
27. Adaptive Learning Software Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
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