Adaptive learning technology is a system-based method which currently showing tremendous growth in the modern generation. This technology has huge applications in advanced learning. It is significantly used to provide online learning students with a unique experience to improve their performance. The technology is embedded with techniques that enhance the student learning procedure and propels engagement and participation in study programs. These factors are driving the global Adaptive Learning Market.
In recent years, the increased usage of adaptive learning software in educational institutes and the growing focus on personalized learning are accelerating the market’s growth. Even the rising demand for e-learning solutions with government initiatives for adaptive learning solutions for advancing digital learning are boosting the Adaptive Learning Market growth. Further, smartphones and the Internet contribute to the global adaptive learning market growth.
During the pandemic, the educational institutes remained shut down for a longer period which caused a massive loss in learning, causing learning loss among students, schools, universities, and other educational platforms. But this factor has increased the adaptive learning management software demand. Hence, the market noticed a good growth rate during the lockdown period. The rise in investments in adaptive learning also increased, and the key players offered new learning features.
The Adaptive Learning Market Size is registered to reach USD 1.5 billion to USD 5.4 billion by 2026 and project a CAGR of 19.43% during the forecast period.
The Adaptive Learning Market is segmented into components, applications, deployment and end-user segments. In the component type, the market is segregated into platforms and services. Further, the service segment is classified into professional and managed services. The professional section has an implementation, consulting, support, and maintenance.
The application part of the market segmentation is divided into EdTech companies and educational institutes. The deployment segment is bifurcated into cloud and on-premises.
The end-user includes academics and enterprise, which is further sub-segmented. The academic segment is categorized into K-12 and higher education, while the enterprise segment is classified into large enterprises, Small and medium enterprises.
According to the geographical updates, the Adaptive Learning Market is showing is tremendous growth in major continents such as Asia Pacific, Europe, North America, the Middle East and Africa, and South America.
North America covers the largest revenue share, and it is estimated to maintain its growth in the future years. The presence of major countries which are technologically developed, such as the US and Canada, is driving the North American market. The US is the largest market shareholder among other counties. Industrial players play a major role in propelling the market’s growth in the region. Europe is considered the second-largest market due to government initiatives in the education sector.
The Asia-Pacific region holds the highest CAGR rate and is expected to hold in the evaluation period. Like China, Japan, and Singapore, the key developing countries are highly driving the region’s market.
In January 2020, the industrial player Person acquired learning technology from Smart Sparrow to boost future education technology. It further enhanced the current adaptive learning capabilities helped accelerate the rollout of its Global Learning Platform (GLP).
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/adaptive-learning-market-10478
Frequently Asked Questions (FAQ) :
- At what CAGR is the global adaptive learning market predicted to grow during the forecast period?
- What will be the valuation of the global adaptive learning market during the forecast period?
- Which region will lead the global adaptive learning market?
- What are the key factors driving the global adaptive learning market?
- Who are the key contenders profiled in the global adaptive learning market?
- Why will Adaptive Learning gain momentum due to ongoing coronavirus (COVID-19) pandemic?
- Why adaptive learning is important?
Other Trending Reports:
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)