DUBLIN--(BUSINESS WIRE)--The "Education and Learning Analytics Market by Application (Performance Management, Curriculum Development and Intervention Management, and People Acquisition and Retention), Component, Deployment, End User, and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The publisher estimates the global education and learning analytics market size to grow from USD 3.1 billion in 2019 to USD 8.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 21.5% during the forecast period.
The education and learning analytics industry is multiplying with the rising need for data-driven decisions for improving the quality of education and the growing adoption of advanced technologies across the education sector. However, the lack of awareness and expertise required to manage education analytics solutions is projected to limit the growth of the market.
The curriculum development and intervention management segment to grow at the highest CAGR during the forecast period
Education and learning analytics enable educators and instructors to apply analytical outcomes for formulating the curriculum and teaching strategies to support a student according to his/her requirements, effectively. Analytical tools enable the visualization of the current student performance and their correlation with various factors affecting a student's performance, thus providing educators with insights to better shape their teaching styles and study materials.
Academic end users to be the largest adopter of education and learning analytics solutions in 2019
Academic end users refer to educators, tutors, and academic institutions that have data and analytics requirements across areas, including student acquisition and retention, curriculum development and intervention management, performance assessment, and budgeting and finance management. The academic end user segment is bifurcated into K-12 and higher education, with higher education emerging as a larger adopter of education and learning analytics solutions. The higher education segment observes a wider adoption of data and analytics tools to improve learning, recruitment, fundraising, planning, and other operational areas to maximize productivity and stay ahead in the competition in the academic end user.
Education and learning analytics market in APAC to grow at the highest CAGR during the forecast period
The high growth of the market in Asia Pacific (APAC) can be attributed to globalization, rapid economic developments, favorable government policies, and increasing digitalization in the region with the increasing interest of businesses toward technologies, such as Business Intelligence (BI), big data, and Internet of Things (IoT). Furthermore, the low teacher-student ratio across several developing countries in the region remains the biggest hurdle in the development of personalized learning experiences for students. The technology-based learning tools present an optimal solution for these countries along with decreasing of technology costs, increasing awareness, availability of tech talent, and favorable economic conditions.
Key benefits of the report
- The report would help the market leaders/new entrants with the information on the closest approximations of the revenue numbers for the overall education and learning analytics market and its subsegments.
- This report would help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies.
- The report further helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
Key Topics Covered:
1.1 Objective of Report
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumption and Limitation
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Education and Learning Analytics Market
4.2 Life Cycle Analysis, By Geography
4.3 Market Share Across Various Regions
4.4 Market By End User and By Region
5 Market Overview and Industry Trends
5.2 Market Dynamics
5.3 Use Cases
5.5 Industry Trends
6 Education and Learning Analytics Market, By Component
7 Education and Learning Analytics Market, By Application
7.2 People Acquisition and Retention
7.3 Curriculum Development and Intervention Management
7.4 Budget and Finance Management
7.5 Operations Management
7.6 Performance Management
8 Education and Learning Analytics Market, By Deployment Model
9 Education and Learning Analytics Market, By End User
10 Education and Learning Analytics Market, By Region
10.2 North America
10.4 Asia Pacific
10.5 Middle East and Africa
10.6 Latin America
11 Competitive Landscape
11.2 Microquandrant Overview
11.3 Competitive Situation and Trends
12 Company Profile
12.2.1 Business Overview
12.2.2 Company Snapshot
12.2.3 Financial Overview
12.2.4 Products Offered
12.2.5 Recent Development
184.108.40.206 New Product Launched/Product Updates
220.127.116.11 Merger & Acquisition/Joint Venture/ Partnership
12.2.6 SWOT Analysis
12.2.7 Publisher's View
12.6 SAS Institute
12.7 Tableau Software
12.10 TIBCO Software
12.14 SABA Software
12.16 Certica Solutions
12.17 Civitas Learning
12.20 Zogo Technologies LLC
12.22 Watershed Systems
12.24 Latitude CG, LLC
For more information about this report visit https://www.researchandmarkets.com/r/k2hlrt