Report ID: SQMIG45A2293
Report ID:
SQMIG45A2293 |
Region:
Global |
Published Date: April, 2024
Pages:
199
|
Tables:
87 |
Figures:
72
Global Adaptive Learning Software Market size was valued at USD 2.86 Billion in 2022 and is poised to grow from USD 3.46 Billion in 2023 to USD 16.02 Billion by 2031, growing at a CAGR of 21.1% 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.
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Report ID: SQMIG45A2293