Covid-19 Impact Learning Analytics Market to exceed of USD 8.3 billion by 2027
Learning Analytics Market Scenario:
The sudden challenges created by the ongoing COVID-19
are captured effectively to exhibit the long term growth projections in the
MRFR report on Learning Analytics Market. The growth sectors of the Learning
Analytics Market are identified with precision for a better growth perspective.
A record-breaking rise in learning analytics Learning Analytics Market during the forecast period (2017-2023) will be enough to spur a
recovery back to pre-coronavirus levels, according to the Market Research
Future. During such circumstances, the study predicts that the market would
inflate at a CAGR of 26% during the forecast period 2020-2027. The market has
the highest possibilities to gain a valuation of USD 8.3 billion by 2027.
Learning analytics methodologies are being in usage in the current
situation of coronavirus pandemic, which has resulted in complete lockdown
globally. Schools and other education centres are completely under lockdown,
which has encouraged the use of learning analytics. Teachers and students are
indulged with online sessions of education, which is helping teachers to make
them study and access performances. These are resulting in students’ promotion
to the next level of education. Thus, it could be studied that COVID 19 has
been the most significant supported for the growth of the learning analytics
market.
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Competitive Outlook:
· The Learning Analytics market is differentiated by the segments of
tools, services, deployment, application, and end-user.
· In terms of tools segment, the learning analytics market is
sub-segmented as content analytics, adaptive learning analytics, predictive
analytics, discourse analytics, adaptive learning analytics, and others.
· In terms of the service segment, the market has included
consulting service, training & support, integration & implementation
and others.
· In terms of the deployment segment, the market includes
on-premises and on-cloud.
· By the application segment, the market has included K-12, higher
education, and business enterprises.
·
By
the end-user segment, the market has included IT & telecom, media &
entertainment, BFSI, education, retail& e-commerce, healthcare,
manufacturing, and others.
Regional
Analysis:
Geographically,
the learning analytics is studied for four different regions, namely Asia
Pacific, North America, Europe, and the Rest of the World.
Expansion of the
market in North America is mainly owing to high technology investments in the
education sector in the region. North America was engaged with the largest
share of the global education and learning analytics market back in 2019. The
US and Canada are the most highly developed countries when it comes to
technology adoption in almost every sector, which includes education and
training. Moreover, the occurrence of crucial education and learning analytics
players, along with the pervasive awareness regarding these solutions, is
expected to propel the education and learning analytics market growth during the
forecast period.
Europe is also
probable to have substantial growth in the market. The United Kingdom, France,
and Germany are to become prominent countries implementing the analytics tools
over the next few years.
The Asia Pacific
is also predictable to be the fastest-growing region in the learning analytics
market over the calculated period. India, Japan, and China are the leading
countries in the learning analytics market, due to a gradual surge in the
adoption rate of business enterprises to implement learning analytics tools
such as predictive analysis and content analysis techniques.
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Table
of Contents:
1
Executive Summary
2
Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3
Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Business Function
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