Adaptive Learning Market Expected to Cross USD 9.11 Billion by 2028 | Market Insights and Trends
Increasing adoption of adaptive software in educational institutions and rising demand for learning process customization
VANCOUVER, B.C, CANADA, May 3, 2023 /EINPresswire.com/ -- According to the most recent analysis by Emergen Research, the global market for adaptive learning had a value of USD 1.86 billion in 2020 and is projected to grow at a CAGR of 22.2% over the following five years. A significant driver anticipated to fuel revenue growth in the worldwide adaptive learning market during the projected period is the rising implementation of adaptive learning software in educational institutions.
Additionally, during the forecast period, a significant portion of the growth of the global adaptive learning market is anticipated to be supported by rising demand for learning process customization. Furthermore, the future revenue growth of the global adaptive learning market is anticipated to be boosted by the growing adoption of adaptive learning platforms and services in businesses for corporate training.
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The Adaptive Learning Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Adaptive Learning market. The report offers in-depth research and assessment of the key elements of the global Adaptive Learning market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Adaptive Learning market.
Some Key Highlights in the Report
Revenue from the cloud category is anticipated to grow at a substantial CAGR over the projection period. In order to customise platforms at a lesser cost and achieve better flexibility, end users are likely to use cloud-based adaptive learning solutions more frequently. This is one of the important aspects anticipated to promote this segment's revenue growth.
Due to the increasing adoption of adaptive learning platforms by educational institutions to provide personalised learning and enhance learning outcomes, the platform sector is anticipated to take the lead in terms of revenue share over the forecast period.
The academic sector is anticipated to dominate in terms of revenue contribution to the global adaptive learning market during the projected period due to the rising adoption of adaptive learning platforms and services in academic settings.
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Emergen Research has segmented the global adaptive learning market on the basis of deployment, component, end-use, and region:
Deployment Outlook (Revenue, USD Billion; 2018–2028)
Cloud
On-premises
Component Outlook (Revenue, USD Billion; 2018–2028)
Services
Platform
End-use Outlook (Revenue, USD Billion; 2018–2028)
Enterprise
Academic
The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Adaptive Learning market.
Furthermore, the report provides details about the new players entering the market, and entry-level barriers and offers strategic recommendations to overcome those barriers to gain a substantial industry presence.
Key players in the market include Pearson plc, McGraw Hill Education, John Wiley & Sons, Inc., Area9 Lyceum ApS, Cog Books Ltd., Curriculum Associates, Inc., Dream Box Learning, Inc., Follett Corporation, Cerego, Inc., and Realizeit
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The Global Adaptive Learning Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Adaptive Learning market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Radical Features of the Adaptive Learning Market Report:
The report encompasses Adaptive Learning market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Adaptive Learning industry
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