Education and Learning Analytics Market – Global Industry Analysis and Forecasts 2022-2029

Education and Learning Analytics Market were valued at US$ 7.22 Bn. in 2021. The Global Education and Learning Analytics Market size is estimated to grow at a CAGR of 29.6% over the forecast period.
Education and Learning Analytics Market Overview:
The report explores the Global Education and Learning Analytics market's segments (Analytics Type, Application, Component, Deployment Mode, End-User, and Region). Data has been provided by market participants and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2021. The report investigates the Global Education and Learning Analytics market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Global Education and Learning Analytics market's contemporary competitive scenario.To know about the Research Methodology:-Request Free Sample Report
Education and Learning Analytics Market Dynamics:
Using analytics for education and learning provides data for making data-driven decisions:

Learning analytics simply refers to the measurement, collection, analysis, and reporting of data about learners and their contexts for understanding and optimizing learning through their own environments in which it occurs. The rise in online learning in the past few years, particularly in higher education, has led to the advancement in learning analytics. There has been a rapid development in the massive online courses (MOOCs) that are offered the researchers for evaluation of teaching and learning through online platforms. The adoption of e-learning tools has led to advancements in technologies that are associated with data analytics generating huge data, which transforms the education for making data-driven decisions. Hence, the educational institutions are now accepting the power of data analysis and further demanding to enhance their educational quality.

Analytics can only analyze based on based and cannot account for the external factors:

The use of analytics for education and learning provides a holistic view that is based on the available data. It could not account for the external factors that are affecting the learners. Learning analytics is predictive and not psychic; hence, data cannot predict future needs as it is limited to the available data. Also, the institution's capacity to access, clean, integrate, analyze and visualize the data may be limited by access to qualified staff, resources, and funds. These are some of the important factors that are limiting the growth of the Education and Learning Analytics market through the forecast period.

The rise in the number of educational institutions across countries:

The rising competition between the educational institutions for the management of learning and non-learning activities is also driving the market’s growth. Incorporating this software tends to increase their productivity by managing all the activities that are associated with the learner, such as curriculum, finance, and operations. This rise in the demand for data-driven decisions for enhancing educational quality is one of the major factors that is driving the growth of the market through the forecast period.

There are privacy concerns that are associated with analytics:

There is always a concern for the collection, storage, and analysis of data. This data can be hacked, which would lead to many issues. Truly accurate models are required for high-quality data with a broad scope that may not be captured in the learner data. There is also a need to account for different disciplines in analytics. This must be carefully designed and also tailored for the context rather than just being applied in a generic and pan-institutional fashion. These factors are creating upcoming challenges for the Educational and Learning analytics through the forecast period.

Education and Learning Analytics Market Trends:

The significant growth in educational institutions and the increasing adoption of machine learning (ML) systems are among the major key factors creating a positive outlook for the market. There is widespread utilization of various software-based systems, such as virtual learning environment (VLE), learning management system (LMS), student information systems, and library management systems that are also increasing the demand of the market.

The spread of e-learning technologies, such as mobile learning devices, student information systems, lecture capturing, and learning management tools, have enabled the learners to obtain more valuable insights from the conventional education systems and enhance their productivity. The adoption of e-learning tools has led to advancements in technologies that are associated with data analytics generating huge data, which transforms the education for making data-driven decisions. Hence these are the factors driving the growth of the markets through the forecast period.
Education and Learning Analytics Market Segment Analysis:
Based on Component, the Education and Learning Analytics Market is segmented into Software and Service. The software segment dominated the largest market share accounting for 61% in 2021. This is because it has been consistently engaged with the experimentation and the innovation of new technologies that efficiently solve users’ problems. This is one of the major factors that is driving the growth of the segment through the forecast period.Based on Deployment type, the Education and Learning Analytics Market is segmented into On-premise and Cloud-based. The cloud-based segment has dominated the largest market share accounting for more than 50% in 2021. As this is primarily attributed to the ease of accessibility, affordable pricing, less maintenance, and reliable security provided by cloud-based solutions. As a result, the rising adoption of cloud-based software based on these benefits is projected to witness a high growth rate in the forecast period.
Education and Learning Analytics Market Regional Insights:
The North American region held the largest market share accounting for 38% in 2021, as this is a developed nation with many technological advancements in the educational sector to improve its productivity. There has been a high adoption of the latest technologies and an increasing number of international students studying in the region.

The Asia Pacific region is expected to witness significant growth at a rapid CAGR through the forecast period. As there is rapid development in the technological advancements because of the modernization and urbanization that is the rapid adoption of e-learning tools across many the educational institutions in countries such as China, India, and Japan, that are anticipated to trigger the adoption of learning analytics to facilitate data-driven education. Additionally, the government is also supporting through its various schemes and initiatives across the region, and growing investments by education and learning analytics providers are expected to drive the market in the forecast period.

The objective of the report is to present a comprehensive analysis of the global Education and Learning Analytics Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear, futuristic view of the industry to the decision-makers.

The reports also help in understanding the Global Education and Learning Analytics Market dynamic and structure by analyzing the market segments and projecting the Global Education and Learning Analytics Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Global Education and Learning Analytics Market make the report investor’s guide.
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Global Education and Learning Analytics Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 7.22 Bn.


Forecast Period 2022 to 2029 CAGR:
29.69%
Market Size in 2029:
US $ 57.78 Bn.


 Segments Covered:
by Analytics Type
• Descriptive
• Predictive
• Prescriptive


by Application
• People Acquisition and Retention
• Curriculum Development and Intervention Management
• Performance Management
• Budget and Finance Management
• Operations Management
• Others


by Component
• Software
• Services


by Deployment Mode
• On-premises
• Cloud-based


by End-Use
• Academic Institutions
• Enterprises



Education and Learning Analytics Market by Region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
Education and Learning Analytics Market Key Players are:
• Alteryx Inc.
• Blackboard Inc.
• G-Cube
• Inetsoft Technology Corp.
• Information Builders Inc.
• ISpring Solutions Inc.
• MicroStrategy Incorporated
• Saba Software Inc.
• SAP SE
• SAS Institute Inc.
• Yellowfin Business Intelligence Co
• TIBCO Software Inc.
• Oracle Corporation
• Alteryx Inc
• D2L Corporations
• IBM Corporations
• Microsoft Corporation

Frequently Asked Questions:

1) What segments are covered in the Global Education and Learning Analytics Market report?
Ans. The segments covered in the Global Education and Learning Analytics Market report are based on Analytics Type, Application, Component, Deployment Mode, and End-User.

2) Which region holds the highest share in the Global Education and Learning Analytics Market?
Ans. The North American region is expected to hold the highest share in the Global Education and Learning Analytics Market.

3) What is the market size of the Global Education and Learning Analytics Market by 2029?
Ans. The market size of the Global Education and Learning Analytics Market by 2029 is US$ 57.78 Bn.

4) What is the forecast period for the Global Education and Learning Analytics Market?
Ans. The Forecast period for the Global Education and Learning Analytics Market is 2022-2029.

5) What was the market size of the Global Education and Learning Analytics Market in 2021?
Ans. The market size of the Global Education and Learning Analytics Market in 2021 was US$ 7.22 Bn.