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NEW YORK, Sept. 30, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The Global Adaptive learning Software Market
size is estimated to grow by USD 1.88 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of
24.04%
during the forecast period.
Increasing need for personalized learning
is driving market growth,
with a trend towards
assessment functionalities in adaptive learning software
However,
increasing costs related to implementation and training
poses a challenge - Key market players include Adobe Inc., Cornerstone OnDemand Inc., D2L Inc, DreamBox Learning Inc., iEnergizer Ltd., Instructure Holdings Inc., International Business Machines Corp., John Wiley and Sons Inc., Kidaptive Inc., Korn Ferry, Learning Technologies Group Plc, Lincoln Learning Solutions, Microsoft Corp., New Leaf Technologies Pty Ltd., Pearson Plc, Richardson Consulting Group, Skillsoft Corp., Think and Learn Pvt. Ltd., and Totara Learning Solutions Ltd..
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Technavio has announced its latest market research report titled Global adaptive learning software market 2024-2028
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| Forecast period |
2024-2028 |
| Base Year |
2023 |
| Historic Data |
2018 - 2022 |
| Segment Covered |
End-user (Ed-tech companies, Educational institutions, and Corporate sectors), Deployment (Cloud-based deployment and On-premises deployment), and Geography (North America, Europe, APAC, South America, and Middle East and Africa) |
| Region Covered |
North America, Europe, APAC, South America, and Middle East and Africa |
| Key companies profiled |
Adobe Inc., Cornerstone OnDemand Inc., D2L Inc, DreamBox Learning Inc., iEnergizer Ltd., Instructure Holdings Inc., International Business Machines Corp., John Wiley and Sons Inc., Kidaptive Inc., Korn Ferry, Learning Technologies Group Plc, Lincoln Learning Solutions, Microsoft Corp., New Leaf Technologies Pty Ltd., Pearson Plc, Richardson Consulting Group, Skillsoft Corp., Think and Learn Pvt. Ltd., and Totara Learning Solutions Ltd. |
Key Market Trends Fueling Growth
Adaptive learning software is a valuable tool for businesses, streamlining employee training and evaluation. Traditional methods, such as paper handouts and PowerPoint presentations, raised concerns regarding accuracy and timely results. Adopted by many organizations, adaptive learning software enables real-time training and evaluation based on designation, experience, and other parameters. Advanced features cater to corporate stakeholders, with vendors like Skillsoft offering the Skillport platform for customized training and system integration. Performance metrics assess employees on social, emotional, behavioral, and cognitive abilities. The launch of innovative AI-driven tools, like BYJU'S WIZ, further enhances performance measurement capabilities. These advancements are expected to fuel the demand for adaptive learning software in the business sector.
The Adaptive Learning Software Market is witnessing significant growth as educational establishments and corporations adopt new technology to enhance training programs. Administrators seek personalized learning experiences for learners, leading to the increasing popularity of adaptive learning platforms. Integration difficulties with data management systems and conventional teaching methods persist, but the benefits of adaptive learning systems, such as high-speed internet access and real-time learner data analysis, outweigh the challenges. Adaptive learning systems use artificial intelligenc , machine learning, and data science to provide customized content based on learners' needs. Cloud-based and on-premise solutions cater to various sectors, including Higher Education, Corporate, K-12, and EdTech. Effective instructor training and implementation complexities are crucial for successful adoption. New technology trends, such as up-skilling, self-directed learning, augmented reality (AR), and virtual reality (VR), are transforming the digital education industry. Gamification and adaptive learning systems are also gaining traction, offering engaging learning experiences. Despite these advancements, challenges such as data privacy and security remain. The market's growth is driven by the need for effective learner outcomes and the increasing use of ubiquitous computing in education. As the market continues to evolve, adaptive learning software will play a crucial role in delivering personalized, effective, and engaging learning experiences.
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Market
Challenges
The Adaptive Learning Software Market faces significant challenges in terms of cost and digital literacy. The high cost of the software and its deployment is a major barrier to entry for many institutions, particularly in developing regions. Additionally, the need for extensive staff training and continuous updating and subscription renewals add to the overall expense. The lack of digital literacy among faculty in some institutions further complicates the adoption process. These factors may hinder the market's growth, requiring careful consideration and planning for potential adopters.
The Adaptive Learning Software Market is experiencing significant growth due to the increasing demand for personalized learning solutions in both higher education and corporate segments. Advanced algorithms and data analytics enable these software applications to adapt to individual learner needs, enhancing the learning experience and improving student progress and proficiency level. Educational institutions, colleges, and universities are embracing adaptive learning software to address the unique requirements of each student, leading to better learning outcomes and engagement. Corporate training programs also benefit from adaptive learning solutions, addressing individual learning styles, pace, and linguistic requirements to improve worker productivity and address skill shortages. Technological developments continue to drive innovation in this market, with data-driven decision-making and ongoing education opportunities becoming essential for both academic institutions and corporate training initiatives. Adaptive learning software provides customized training courses and adapts to individual learning gaps, making it a valuable investment for educational technology suppliers.
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Segment Overview
This adaptive learning software market report extensively covers market segmentation by
End-user
1.1 Ed-tech companies
1.2 Educational institutions
1.3 Corporate sectors
Deployment
2.1 Cloud-based deployment
2.2 On-premises deployment
Geography
3.1 North America
3.2 Europe
3.3 APAC
3.4 South America
3.5 Middle East and Africa
1.1
Ed-tech companies-
The adaptive learning software market is experiencing significant growth among ed-tech companies due to the increasing demand for personalized learning, particularly in the K-12 and higher education sectors. Factors fueling this growth include high broadband penetration, education networks, technology deployments in schools, content digitization, teacher shortages, new government policies, and the enrollment in online higher education. Companies like John Wiley and Sons Inc. And McGraw-Hill Education Inc. Offer adaptive learning software with features such as real-time performance feedback, learner-influenced instructional levels, integrated course management tools, and streamlined mobile capabilities. Solutions like ALEKS K-20 adaptive software by McGraw-Hill Education Inc. Provide personalized learning platforms for higher education. Ed-tech companies are also introducing cloud-based adaptive learning solutions to reduce implementation costs, but concerns over technical knowledge and safety and privacy issues remain.
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Research Analysis
The Adaptive Learning Software Market is experiencing significant growth in the digital education industry, driven by advancements in Artificial Intelligence (AI) and Machine Learning (ML) technologies. These technologies enable personalized learning solutions that cater to individual learner needs, enhancing the learning experience. Data science plays a crucial role in analyzing student progress and proficiency levels to provide effective up-skilling opportunities. Ubiquitous computing and EdTech have made adaptive learning systems accessible through e-learning platforms, enabling self-directed learning. Augmented Reality (AR) technology further enriches the learning experience by providing interactive and educational content. Advanced algorithms and data analytics help adaptive learning systems adjust to the student's pace and learning style, making education more effective. Adaptive learning systems are being adopted by educational institutions, colleges, and corporations for effective teacher training and up-skilling employees in the Higher Education and Corporate sectors. Cloud-based and on-premise solutions offer flexibility, while high-speed internet ensures seamless access to these software applications. The future of adaptive learning lies in continuous innovation and integration with emerging technologies to provide a more effective and personalized learning experience.
Market Research Overview
Adaptive learning software is revolutionizing the digital education industry by leveraging advanced technologies such as artificial intelligence (AI) and machine learning to provide personalized learning solutions. These software applications use data analytics and learning analytics to understand individual learner needs, paces, and styles, and adapt the learning experience accordingly. The use of AI and machine learning enables adaptive learning software to deliver adaptive information based on the student's progress and proficiency level. The adaptive learning market is witnessing significant growth due to the increasing demand for up-skilling and self-directed learning in the corporate segment, K-12 segment, and higher education segment. The integration of technologies such as AR, VR, gamification, and cloud-based software is enhancing the learning experience and engagement, leading to higher retention rates. Technological developments in adaptive learning software are enabling data-driven decision-making for educators and administrators, providing performance metrics and identifying individual learning gaps. However, implementation complexities and integration difficulties with data management systems and conventional teaching methods remain challenges. The adaptive learning market caters to the learning requirements of academic institutions, colleges, universities, and corporate training programs, offering customized training courses to address skill shortages and enhance worker productivity. The market is witnessing innovation in adaptive learning platforms, providing adaptive information in learning environments, and catering to linguistic requirements and learning disabilities. Ongoing education and skill enhancement are key drivers of the adaptive learning market, with educational technology suppliers investing heavily in technology-enabled learning solutions.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
End-user
Ed-tech Companies
Educational Institutions
Corporate Sectors
Deployment
Cloud-based Deployment
On-premises Deployment
Geography
North America
Europe
APAC
South America
Middle East And Africa
7
Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:
[email protected]
Website:
SOURCE Technavio
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