Reports and Insights (R&I) has published a new report titled, “Adaptive Learning Market: Opportunity Analysis and Future Assessment 2022-2030” analysed by Component (Platforms, Services (Professional services (Consulting, Implementation, and Support and Maintenance), Managed services)), By Application (EdTech Companies and Educational Institutes), By Deployment (cloud, on-premises), By end-user (academic (K-12 and higher education), enterprise (SME and large enterprise)), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to reach at a value of US$ 2.3 Bn by the end of 2022 and expected to reach at a value of US$ 11.7 Bn by 2030 with a significant CAGR of 22.9%.
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Learning can be perceived as an approach where knowledge is developed through evolution of experience. The more widely prevailing conception about learning comprises a quantitative rise in understanding and expertise or, storing or memorizing information that can be replicated; obtaining facts that can be replicated, acquiring, rendering and comprehending reality in a different manner.
The novel idea of adaptive learning claims that it is a technique of producing an exclusive learning experience for each individual on the basis of the learner’s interests, personality and performance with the purpose of achieving major objectives such as academic enhancement, learner contentment, efficient learning process and similar things.
The growing drift of customization of learning processes, methods, and related learning material according to the learner’s interests and skills in the present times as well as the increasing awareness among parents, worldwide, is acting as one of the major factors that is expected to boost the growth of the global adaptive learning market in the years to come.
View Latest Developments and News in Global Adaptive Learning Industry: https://reportsandinsights.com/pressrelease/adaptive-learning-market
In addition to that, Ed-tech businesses and companies across the world are also aiming to improve both self-paced learning experience and combined learning by presenting new educational technologies in the education industry. This comprises the initiation of e-learning software and adaptive learning solutions.
Such factors are further propelling the demand of adaptive learning solutions across the global markets, thereby the global adaptive learning market is projected to grow substantially in the forthcoming years.
Besides that, the elevated count of technology deployments in schools, adoption of strategies like content digitization, and a lack of educators and teachers is estimated to keep encouraging ed-tech businesses to develop adaptive learning software and adopt adaptive learning solutions. Owing to which, the global adaptive learning market is expected to escalate exponentially over the forecast period.
Apart from that, the rapidly increasing count of colleges and other educational institutions and introduction of new government education policies, in the present times, is also playing a positive role in accelerating the growth in the demand of adaptive learning across the world. Thus, the global adaptive learning market is projected to witness significant growth in the coming years.
R&I Study identifies some of the key participating players in the adaptive learning market globally are McGraw-Hill, Pearson, Curriculum Associates, Wiley, Istation, Area9 Lyceum, ScootPad, CogBooks, VitalSource, DreamBox, Impelsys, Mathspace, Fulcrum Labs, Knowre, Follett, Imagine Learning, Cerego, Realizeit, K12, and Houghton Mifflin Harcourt, among others.
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According to a research report "Adaptive Learning Market by Component (Platform and Services), Application, Deployment (Cloud and On-premises), End User (Academic (K-12 and Higher Education) and Enterprise (SME and Large Enterprise)), and Region - Global Forecast to 2025" published by MarketsandMarkets, the global adaptive learning market size is projected to grow from USD 1.9 billion in 2020 to USD 5.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.7% during the forecast period.
The major factors driving the growth of the adaptive learning industry include rising demand for eLearning solutions, personalized learning, and government initiatives for adaptive learning solutions.Browse 106 market data Tables and 41 Figures spread through 159 Pages and in-depth TOC on "Adaptive Learning Market - Global Forecast to 2025"Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=257528889The platform segment to hold a larger market size during the forecast periodBased on components, the platform segment of the adaptive learning market is projected to hold a larger market size during the forecast period.
The adaptive learning platform segment consists of products, solutions, and platforms that help learners study through the internet.
The adaptive learning platform supports the management of a huge pool of information and allows instructors to create content for the course and design the lesson delivery structure, creating a dynamic learning environment.By end user, the enterprise segment to record a higher growth rate during the forecast periodOrganizations and institutions in business domains, apart from the education sector, have been classified as enterprises in the report.
Vendors are offering a wide range of flexible solutions to provide a continuous learning environment.
The rapid adoption of adaptive learning tools by early adopters in this region has made APAC an attractive market, but the growth is fragmented, and various regional players have specialized offerings making the adaptive learning ecosystem competitive.
