The global Education And Learning Analytics Market size is expected to reach USD 49.12 billion by 2025, registering an estimated CAGR of 17.4% from 2019 to 2025 according to a new report by Grand View Research, Inc. eLearning technologies such as student information systems, mobile learning devices, and learning management systems (LMS) have gained prominence over the last few years. These technologies enable the education sector access to huge chunks of data pertaining to learning & teaching practices.
To
gain rich insights from this data, learning analytics tools are gaining high
traction in the education sector. Education analytics solutions are helping the
education sector take data-driven decisions that stimulate effective
transformation in students. These tools help educators in understanding the
core areas of improvement in students. Data-driven decisions are used to design
personalized lessons that address the different needs of the students.
These
tools are witnessing a broad set of applications in the enterprise sector as
well, wherein business leaders are investing in modern foundational
technologies. These tools retrieve real-time data regarding production
facilities, supply chains, customers, and various core operations that would
help organizations achieve their strategic goals. Furthermore, these tools also
support personalized training for the employees, which help in determining key
performance indicators (KPIs), as well as enable a higher Returns on Investment
(RoI) through modernized learning & development (L&D) techniques.
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Education
& Learning Analytics Market Report Highlights
- In terms of
type, the prescriptive segment is expected to register a CAGR of around
20% over the forecast period
- In terms of
end-use, academics sector is expected to grow at a significant rate over
the next six years, owing to the rising concerns of educational
institutions regarding student retention, reducing attrition, and timely
feedback
- The
enterprise end-use segment is likely to continue to dominate the market
over the forecast period owing to the increased awareness about the
benefits of learning analytics in prioritizing educational programs that
can lead to the desired outcomes
- In terms of
component, the services segment is poised for high growth in the near
future owing to increasing adoption of education analytics solutions in
academic institutes as well as enterprises for support & maintenance
- North
America accounted for the largest revenue share in 2018. It is anticipated
to retain its hold on the education and learning analytics market over the
forecast period
- Some of the
key players in the market are Blackboard Inc., D2L Corporation, IBM
Corporation, Microsoft, MicroStrategy Inc., Oracle, Saba Software, Tableau
Software, Inc., among others
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headquartered in San Francisco. The company provides syndicated research
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