Dublin, Oct. 24, 2023 (GLOBE NEWSWIRE) -- The "Education and Learning Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global education and learning analytics market is set for substantial growth, with a forecasted reach of $78.1 billion by 2028, exhibiting a CAGR of 17% between 2023 and 2028, according to a comprehensive market research report. Education and learning analytics encompass the measurement, collection, analysis, and reporting of data about learners, optimizing their educational experiences through a combination of educational research, statistics, data sciences, artificial intelligence, and sociotechnical system thinking.
The market is being driven by significant growth in the education industry, including the increasing adoption of machine learning systems. Additionally, the widespread utilization of software-based systems like virtual learning environments (VLE), learning management systems (LMS), student information systems, and library management systems is further contributing to this growth. Proliferation of e-learning technologies, such as mobile learning devices, lecture capturing, and learning management tools, has enabled learners to gain more value from traditional education systems and enhance productivity.
Moreover, various technological advancements, including digital platforms for schools and universities, which consolidate student data for analysis, are bolstering the market. The awareness of education and learning analytics for developing efficient learning and training programs for school/college students and working professionals is also driving the market's expansion.
Key Market Segmentation:
Analytics Type:
- Descriptive
- Predictive
- Prescriptive
Application:
- People Acquisition and Retention
- Curriculum Development and Intervention Management
- Performance Management
- Budget and Finance Management
- Operations Management
- Others
Component:
- Software
- Services
Deployment Mode:
- On-Premises
- Cloud-Based
End User:
- Academic Institutions
- Enterprises
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Competitive Portfolio:
- Alteryx Inc.
- Blackboard Inc.
- G-Cube
- Inetsoft Technology Corp.
- Information Builders Inc.
- iSpring Solutions Inc.
- MicroStrategy Incorporated
- Saba Software Inc. (Cornerstone OnDemand Inc.)
- SAP SE
- SAS Institute Inc.
- Yellowfin Business Intelligence Co
The report answers several key questions about the market, including its size in 2022, expected growth rate, factors driving growth, the impact of COVID-19, segmentation by analytics type, application, component, deployment mode, and end user, and key regions and players.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 150 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $30.3 Billion |
| Forecasted Market Value (USD) by 2028 | $78.1 Billion |
| Compound Annual Growth Rate | 17.1% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/nlh42c
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