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Education And Learning Analytics Market: Shaping the Future of Education with Data-Driven Insights and Advanced Analytics
"The new report published by The Business Research Company, titled ""Education And Learning Analytics Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, 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 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%.
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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.
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.
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
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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.
Contents of the report:
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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