Learning Analytics Market Size Scenario:
The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Learning Analytics Market Size. The growth sectors of the Learning Analytics Market Size are identified with precision for a better growth perspective.
A record-breaking rise in learning analytics Learning Analytics Market Size during the forecast period (2017-2023) will be enough to spur a recovery back to pre-coronavirus levels, according to the Market Research Future. During such circumstances, the study predicts that the market would inflate at a CAGR of 26% during the forecast period 2020-2027. The market has the highest possibilities to gain a valuation of USD 8.3 billion by 2027.
Learning analytics methodologies are being in usage in the current situation of coronavirus pandemic, which has resulted in complete lockdown globally. Schools and other education centres are completely under lockdown, which has encouraged the use of learning analytics. Teachers and students are indulged with online sessions of education, which is helping teachers to make them study and access performances. These are resulting in students’ promotion to the next level of education. Thus, it could be studied that COVID 19 has been the most significant supported for the growth of the Learning Analytics Market Size.
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The top key players of Learning Analytics Market Size include Microsoft (U.S.), Blackboard Inc. (U.S.), Oracle Corporation (U.S.), IBM Corporation (U.S.), McGraw-Hill Education (U.S.), Saba Software Inc. (U.S.), D2L Corporation (Canada), Jenzabar (U.S.), Cornerstone OnDemand (U.S.), and Kronos (U.S.).
• The Learning Analytics Market Size is differentiated by the segments of tools, services, deployment, application, and end-user.
• In terms of tools segment, the Learning Analytics Market Size is sub-segmented as content analytics, adaptive learning analytics, predictive analytics, discourse analytics, adaptive learning analytics, and others.
• In terms of the service segment, the market has included consulting service, training & support, integration & implementation and others.
• In terms of the deployment segment, the market includes on-premises and on-cloud.
• By the application segment, the market has included K-12, higher education, and business enterprises.
• By the end-user segment, the market has included IT & telecom, media & entertainment, BFSI, education, retail& e-commerce, healthcare, manufacturing, and others.
Geographically, the learning analytics is studied for four different regions, namely Asia Pacific, North America, Europe, and the Rest of the World.
Expansion of the market in North America is mainly owing to high technology investments in the education sector in the region. North America was engaged with the largest share of the global education and Learning Analytics Market Size back in 2019. The US and Canada are the most highly developed countries when it comes to technology adoption in almost every sector, which includes education and training. Moreover, the occurrence of crucial education and learning analytics players, along with the pervasive awareness regarding these solutions, is expected to propel the education and Learning Analytics Market Size growth during the forecast period.
Europe is also probable to have substantial growth in the market. The United Kingdom, France, and Germany are to become prominent countries implementing the analytics tools over the next few years.
The Asia Pacific is also predictable to be the fastest-growing region in the Learning Analytics Market Size over the calculated period. India, Japan, and China are the leading countries in the Learning Analytics Market Size, due to a gradual surge in the adoption rate of business enterprises to implement learning analytics tools such as predictive analysis and content analysis techniques.
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Table of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Business Function
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