CRI Report has released a report titled “Adaptive Learning Market –Global Analysis of Market Size, Share & Trends for 2020 – 2021 and Forecasts to 2031” which is anticipated to reach USD 14.888 billion by 2031. According to a study by CRI Report, Adaptive Learning Market size is projected to grow from USD 2.28 billion in 2021 to USD 14.888 billion by 2031, at a CAGR of 20.54% during the forecast period, i.e., 2021-31. The broad expansion, Adaptive Learning Market is projected to exceed a sustainable growth over the forecast timeframe owing to adaptive learning software is being driven by increasing educational technology adoption in educational institutes. The implementation of adaptive learning programs in schools and colleges, and upsurge in government mandates for education will boost the market during the forecast timeframe.
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The market report on Adaptive Learning Market includes in-depth insights as:
- The estimated value of the market was USD 2.28 billion in the year 2021.
- Adaptive Learning in North America held the largest market share in the year 2021.
- Based on, End-use, educational institution Segment, emerged as a key segment in the Adaptive Learning Market.
- Key players are likely to focus on product innovations and expansion through mergers to retain their positions in developed markets.
“Corporate training will remain one of the chief drivers in the Adaptive Learning market. This modified learning platform gathers information about the development of the employees through segments. This information is used to set goals. Real-time learning course is available to every employee in the enterprise which creates an opportunity for the growth of the market. The software can also increase the elasticity of the monitoring growth. It uses procedures to adapt the content dependent on the learning needs of the students and is accountable for their questions related to their tasks. Adaptive technology allows employees to study any subject professionally compared to the traditional method of training. Hence, it is gaining a position for corporate training. Real-time learning process is availed by every employee in the organization which creates an opportunity for the growth of the market in the coming years.”, according to this report
Adaptive learning is a system-based mechanism that estimates student performance or employees’ performances based on a variety of features, making it a vital module of the educational and corporates system. Adaptive Learning Software consists of several procedures for examining a student’s specific strengths and requirements depending on his or her responses to the software’s queries. Adaptive learning software expands student learning, engagement, and connection in a variety of educational programs. It could include a combination of mobile applications, eBooks, lecture videos or lecture recordings, game-styled quizzes and assessments, and many more.
Adaptive Learning Market is segmented by End-Use Industry into Educational Institutes, Corporate, and Online Course Providers. The Educational Institution segment reported for the major share. Academic users make learning easier by transferring information, speech, and videos by the use of Adaptive Learning platform. The education system is proving to be more efficient by allowing flexibility, engagement, and real-time learning. The smart devices like smartphone are gaining swift grip in developed economies and is expected to boost the Education Institution segment.
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Key Players in the Market
Some of the key players operating in Adaptive Learning Market are Houghton Mifflin Harcourt (US), K12 (US), Realizeit (US), Cerego (US), Imagine Learning (US), Follett (US), Knowre (US), Fulcrum Labs (US), Mathspace (Australia), Impelsys (US), DreamBox (US), VitalSource (US), CogBooks (UK), ScootPad (US), Area9 Lyceum (US), Istation (US), Wiley (US), Curriculum Associates (UK), Pearson (UK), McGraw-Hill (US)
Get Valuable Insights into Adaptive Learning Market.
In the new report, CRI Report thrives to present an unbiased analysis of the Adaptive Learning Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2021-2031. The study includes compelling insights into growth that is witnessed in the market. Adaptive Learning Market is segmented By Delivery into Video, Voice, Text, and Hybrid; By Deployment into Cloud, On-Premises and Others; By Model into Gamification, Big Data, Virtual Learning Model and Others; By End-Use Industry into Educational Institutes, Corporate and Online Course Providers; Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.