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Education And Learning Analytics Global Market Exhibit a Remarkable CAGR of 20.1% and is expected to reach $53.68 Billion By 2028 | Oracle Corporation, Alteryx Inc., D2L Corporations, Coursera Inc., Involvio LLC

06-18-2024 07:59 AM CET | IT, New Media & Software

Press release from: The Business research company

Education And Learning Analytics Global Market

Education And Learning Analytics Global Market

"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.

Education And Learning Analytics 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 $53.68 billion In 2028 At A CAGR Of 20.1% :

The education and learning analytics market size has grown rapidly in recent years. It will grow from $21.6 billion in 2023 to $25.78 billion in 2024 at a compound annual growth rate (CAGR) of 19.4%. The growth in the historic period can be attributed to increased use of learning management systems (lms), availability of big data in education, personalized learning initiatives, government initiatives and funding, emphasis on student success and retention..

The education and learning analytics market size is expected to see exponential growth in the next few years. It will grow to $53.68 billion in 2028 at a compound annual growth rate (CAGR) of 20.1%. The growth in the forecast period can be attributed to cross-platform analytics integration, user-friendly analytics interfaces for educators, integration of learning analytics in corporate training, emphasis on social and emotional learning analytics, integration of learning analytics in k-12 education.. Major trends in the forecast period include integration of artificial intelligence (ai), predictive analytics for student success, personalized learning experiences, cross-institutional learning analytics, open educational resources (oer) integration..

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Education And Learning Analytics Market Major Segments
The education and learning analytics market covered in this report is segmented -
1) By Analytics Type: Predictive Analytics, Prescriptive Analytics, Descriptive Analytics
2) By Deployment: On-Premise, Cloud-Based
3) By Component: Software, Services
4) By End User: Academics, Corporates

Key Driver - Government Initiatives In Digitalizing The Education Sector Drives The Education And Learning Analytics Market

Government initiatives in digitalizing the education sector are expected to propel the growth of the education and learning analytics market. The rise in remote learning and consistent student engagement on e-learning platforms during the pandemic has been anticipated to generate huge data, which will open ways to adopt education and learning analytics For instance, in 2022, the government of UAE launched the 'UAE Digital Economy Strategy' that aims to double the contribution of the digital economy to the UAE's GDP from 9.7% in 2022 to 19.4% within 10 years. Therefore, demand for education and learning analytics will rise as the prevalence of increasing government initiatives in digitalization rises.

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Prominent Trend - Technological Advancements Drives Revolution In Market

Technological advancements are a key trend gaining popularity in the education and learning analytics market. Many companies operating in education and learning analytics are developing new products or new technologies for strengthening the demand for the education and learning analytics market. For instance, in 2021, Adobe, a US-based company introduced adobe analytics, a higher education program. This program supports the future workforce with data science skills and helps college instructors and students to use adobe analytics which is a customer data analytics platform for free. Students will learn how to use data to drive business choices and build skills for vocations ranging from data science to product management and marketing with adobe analytics.

Education And Learning Analytics Market Players
Major companies operating in the education and learning analytics market report are MicroStrategy Incorporated, TIBCO Software Inc., Oracle Corporation, Alteryx Inc., D2L Corporations, 12twenty, Apex Learning Ltd., Blackboard Inc., BrightBytes Inc., CIVITAS LEARNING INC., Coursera Inc., DreamBox Learning, Duolingo, EdIncites, ILLUMINATE EDUCATION INC., Immersive VR Education, Involvio LLC, Junyo, Knewton Inc., Knowre, LinkIt, Magic EdTech, McGraw Hill Education, Othot, Overgrad, Panorama Education, Pearson Education, Reading Plus, Realizeit, Udemy Inc.

View The Full Report Here - https://www.thebusinessresearchcompany.com/report/education-and-learning-analytics-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the education and learning analytics market in 2023. The regions covered in the education and learning analytics 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. Education And Learning Analytics Market Report Structure
3. Education And Learning Analytics Market Trends And Strategies
4. Education And Learning Analytics Market - Macro Economic Scenario
5. Education And Learning Analytics Market Size And Growth
…..
27. Education And Learning Analytics 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 leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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