Press release
Adaptive Learning Market Set to Witness Significant Growth by 2024-2032 | McGraw-Hill, DreamBox, CogBooks, Cerego
The Adaptive Learning Market is Valued USD 4.1 billion in 2024 and projected to reach USD 23.4 billion by 2032, growing at a CAGR of 21.2% During the Forecast period of 2024-2032. Adaptive learning, often referred to as adaptive teaching, utilizes computer algorithms and artificial intelligence to meet the specific needs of students, customizing the educational experience. Utilizing adaptive models like technological applications, it enhances tailored teaching methods, improving the individualized learning experience of every student. The increasing inclination towards adaptive learning technologies and the rise of e-learning are driving steady market expansion in the adaptive learning sector. These technologies foster a student-centered educational atmosphere by adjusting to the curriculum and regularly pursuing feedback, thereby promoting market growth.Updated Version of Sample Report Included:
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Adaptive Learning Market Drivers:
Various governments and educational bodies are investing in digital education infrastructure, supporting the growth of the adaptive learning market. Governments and educational organizations around the globe are putting more resources into digital education infrastructure, leading to expansion in the adaptive learning sector. The objective of this move to digitalization is to enhance the availability of high-quality education, especially in remote and underserved regions. Through the utilization of adaptive learning technologies, institutions can provide customized learning experiences that cater to each student's specific needs, leading to improved engagement and results. Adaptive learning platforms employ AI and machine learning algorithms to assess students' advancement, pinpointing their areas of strength and areas for improvement, and consequently modifying the material and speed of learning accordingly. In the United States, both federal and state governments have launched different initiatives, like the "Digital Equity Act" and the "E-Rate" program, to enhance internet availability and supply schools with digital resources. These efforts promote the use of adaptive learning platforms in K-12 schools and higher education institutions, enabling a more engaging and personalized learning experience.
Major Players in Adaptive Learning Markets are:
McGraw-Hill, DreamBox, CogBooks, Cerego, Learning, D2L Corporation, Pearson, Apple Inc., Kaplan Inc., Desire2Learn, Curriculum Associates, Knewton, Google, Kidaptive among others.
Industry News:
October 23, 2024: Mighty Doodle, a new AI-powered literacy lesson platform for young students, launches today on the Apple App Store. The app, designed for kids in 1st to 4th-grade levels, provides personalized and adaptive learning experiences that helps learners develop reading, writing, and spelling skills.
October 21, 2024: Anthology has joined forces with Obrizum, an artificial intelligence and analytics developer in Cambridge to embed each of Obrizum's adaptive learning technology platforms into the Blackboard LMS The partnership, which is being announced at Anthology's 2024 user conference will help millions of students and educators globally deliver a more personalized learning experience enriched with AI.
June 2024: PhaseV, a leader in software and machine learning (ML) focused on adaptive clinical trial design announced today the next version of its AdaptV platform for optimal design and closed-loop execution of adaptive clinical trials.
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Global Adaptive Learning Market Segmentation:
By Component
Platform
Services
Professional Services
Consulting
Implementation
Support and Maintenance
Managed Services
By Deployment
Public Cloud
Private Cloud
Hybrid Cloud
By Application
EdTech Companies
Educational Institutes
By End User
Academic
K-12
Higher Education
Enterprise
SME
Large Enterprise
The following areas and countries are covered in the worldwide Adaptive Learning Market file:
North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)
North America dominated with a 36% market share in the adaptive learning market in 2023, primarily due to its advanced educational technology infrastructure, significant investments in e-learning solutions, and a strong presence of leading companies. Adaptive learning technologies have been adopted in both K-12 and higher education in the United States and Canada, providing personalized learning experiences tailored to students' individual needs. McGraw-Hill Education and Pearson are examples of companies that have created adaptive learning platforms that use data analytics to customize content and assessments for improved learning results. Furthermore, the market's expansion in this area has been driven by the growth of online education and the growing need for customized learning approaches.
Detailed industry forecast-Brief Introduction to the research report:
Additional information on company participants
Customized reports and analyst assistance are available upon request.
Recent market developments and potential future growth opportunities
Personalized regional/country reports upon request
New data sources are being integrated.
Increased focus on data privacy and security
Increased collaboration and co-creation
Know more about this report:
https://www.marketdigits.com/adaptive-learning-market
Key Features of the Adaptive Learning Market Report: -
Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.
Examine the market opportunities for stakeholders by identifying higher growth sections.
To study and analyze the global Adaptive Learning Market industry status and forecast including key regions.
An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.
It helps you make strategic business decisions and investment plans.
Finally, Adaptive Learning Market is a valuable source of guidance for individuals and companies.
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