USD 3.46 Billion
Report ID:
SQMIG45A2290 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|Tables:
87
|Figures:
72
Global Adaptive Learning Market size was valued at USD 3.46 Billion in 2022 and is poised to grow from USD 25.98 Billion in 2023 to USD 122.57 Billion by 2031, growing at a CAGR of 21.4% in the forecast period (2024-2031).
Sophisticated technologies including artificial intelligence, machine learning, data science and adaptive learning are changing the evolution of the digital education industry. The advent of ubiquitous computing has encouraged educational systems to implement adaptive approaches to teaching and research programs. Flexible learning assures derivative, cost-effective approaches that make standardized training content accessible and accessible to students. Therefore, educational and corporate organizations are incorporating flexible learning tools into their online training modules.
For example, in March 2020, ConveGenius, an edtech company, acquired Gray Matters India to strengthen its adaptive learning platform. This acquisition enables ConveGenius to combine its automated learning capabilities with GMI’s metrology. This will further strengthen their ‘EdTech for Naya Bharat’ project which aims to empower more than 10 lakh students.
Global Market Size
USD 3.46 Billion
Largest Segment
Solutions
Fastest Growth
Services
Growth Rate
21.4% CAGR
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Based on the end user, the market is segmented into k-12, higher education, and corporate. Based on deployment, the market for adaptive learning software has been categorized into on-premises and cloud. Based on the component, the adaptive learning market is segmented into solutions, platforms and services. Based on region, the global adaptive learning market is bifurcated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Analysis by Component
The solutions are the dominating segment holds the largest market share in the global adaptive learning market. Several factors contribute to the highest proportion of this section. Cloud-based and on-premises solutions provide flexibility and scalability. These platforms can implement customized learning processes for organizations and enterprises, where cloud-based solutions are more cost-effective and scalable, while on-premises solutions prefer data control user-friendly on top of that the availability and usability of this software are key factors that drive users. Adaptive learning software allows access from multiple devices and locations perfect for self-study or distributed professional meals. Finally, intuitive interfaces make it easier for new users to adapt. Education (K-12), higher education, corporate training through employment placement, and skills development have all shown a demand for such technologies in their respective industries.
The service segment is expected to grow at the highest CAGR of 20.8% due to early implementation, training and support. All critical aspects for successful implementation requiring specialized infrastructure, high overtime as more schools learn about these materials online in K-12 schools is in the district. The size of educational expansion has led to rapid growth in recent times but since AI (Artificial Intelligence) machine learning has expanded applications in this too it needs more meaningful core services as educational institutions and vendors are asking more than ever to meet needs of studies.
Analysis by Application
The k-12 is the dominating segment and holds the largest global adaptive learning market share due to the innovative and innovative e-learning software that has been widely adopted by educators to make learning fun for children. Challenge-based games and objective-based computer modules are increasingly preferred to improve student engagement, which in turn will drive the growth of the market.
Moreover, the corporate segment is expected to be the fastest growing segment during the forecast period. Adoption of this software for training and providing guidance, training and recommendations to employees will enhance the growth of the market. Additionally, this software helps individuals improve their productivity, qualify employees, and accelerate learning.
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North America is the dominant region which holds the largest market share. Growing partnerships and collaborations between digital education vendors and organizations to integrate advanced software into existing education models are driving market growth in North America. Continue to offer coherent mathematics learning platforms in English and Full of all Spanish. Later, in October 2019, DreamBox Learning partnered with the Nevada Association of School Administrators (NASA) to provide access to on-site training, applied research live webinars, and professional development resources for NASA teachers other with their mathematics, helps design instruction for their own student’s unique developmental and learning needs.
Asia-Pacific is expected to be the fastest growing region during the forecast period. Increasing government initiatives to upgrade the digital infrastructure in education are expected to fuel the growth of the market. For example, in May 2020, the Finance Minister of India announced the introduction of the ‘Pradhan Mantri e-Video’ scheme to support digital education. Such factors can stimulate the growth of the market. Similarly, European government initiatives such as” Digital Education Action Plan” and “Digital @Youth Work "initiatives can boost the European market.
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Drivers
Temporary Closure of Institutions to Stimulate Demand for E-learning Software
Growing Trend of Self-learning
Restraints
Challenges Associated with Software
Network Issues, Bandwidth Congestion and Latency Issues Related to Software
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A notable strategic partnership in the global adaptive learning market is the Newton and Pearson collaboration. In 2019, Pearson announced a partnership with Newton to integrate Newton’s adaptive learning technology into Pearson’s digital learning solutions. The purpose of this collaboration was to enhance Pearson’s MyLab and Mastering platforms, delivering personalized learning experiences tailored to students’ individual needs and learning styles. Leveraging Newton's advanced programming and data analytics capabilities, Pearson sought to deliver effective and engaging learning experiences, improve student outcomes and retention rates. The partnership allowed Pearson to force it strengthens position in the market by incorporating cutting-edge technology to deliver innovative instructional solutions
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SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global adaptive learning market is experiencing strong growth driven by increasing demand for effective personalized educational solutions. Leading market players, including Newton, DreamBox Learning, McGraw-Hill Education and Pearson, are using advanced technologies such as AI-powered algorithms to deliver learning experiences tailored to different disciplines and levels of education.
Adaptive learning platforms adjust in real time to each student’s performance, learning style and pace, providing customized feedback, feedback and support to improve learning outcomes. These platforms are widely adopted in K-12 education, higher education, corporate training, and other learning environments to improve engagement, retention, and overall educational effectiveness.
Strategic partnerships and collaborations are common in the flexible learning market, as companies seek to integrate new technologies, expand their product offerings and reach wider audiences for example social interactions between Newton and Pearson to deliver an effective and engaging educational experience. It is an example of efforts to improve digital learning strategies by integrating learning technologies.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 3.46 Billion |
Market size value in 2031 | USD 122.57 Billion |
Growth Rate | 21.4% |
Base year | 2023 |
Forecast period | (2024-2031) |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Adaptive Learning Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Adaptive Learning Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Adaptive Learning Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Adaptive Learning Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG45A2290
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