The Global Adaptive Learning Software Market is estimated to witness a rise in revenue from US$ 1,382.1 Mn in 2021 to US$ 7,434.3 Mn by 2030. The market is registering a CAGR of 20.3% during the forecast period 2022-2030. Adaptive learning software provides an online platform for educational institutes and enterprises that offer training to their employees. The platform is available in various applications and subscription models. Adaptive learning platform end-users include universities, colleges and other educational providers.
The major factor responsible for the growth of the global adaptive learning software market includes the implementation of SaaS based solution, increasing adoption of e-learning, increasing IT spending on cloud infrastructure in education and increasing application of quantum computing in education sector. SaaS is majorly used cloud computing service in education to manage range of technology, educational and administrative systems. The adoption of SaaS based model helps in providing real-time insights for the growth of the students. Moreover, the education industry witnesses an increased adoption of e-learning due to its easy accessibility and high effectiveness. The increasing number of distance learning education also boost the growth in demands for e-learning platforms, which differs on the basis of various segments such as geographical location, sex, income, education level and other factors. Furthermore, education institutes and organizations are rapidly moving towards cloud-based services to save an intensive IT infrastructure cost and boost efficiency of operations. In addition to this, the increasing application of quantum computing in the education sector is projected to embark new ear in technology similar to AI. However, cybersecurity and data protection risks, lack of compliance to the SLA and legal and jurisdiction issues are expected to hinder the market growth during the forecast period.
Report Summary
The study of the Global Adaptive Learning Software Market considers various market determinants, industry value chain analysis and competitor analysis of the market. The report discusses the analysis of the adaptive learning software industry for the period 2016-2030, where the base year is 2021 and the forecast period is 2022-2030. The report provides a detailed analysis of the Global Adaptive Learning Software Market across 16 Chapters and 225 pages. The report includes data presentation across 43 tables and 70 statistical figures.
The report provides PESTLE analysis, which is a tool to examine the external market environment factors that have an impact on the industry. The PESTLE analysis examines the Political, Economic, Social, Technological, Environmental and Legal factors in the external environment. Thus, sufficiently examining the threats and weaknesses of the industry. The research report also provides Porter’s five forces analysis wherein bargaining power of buyers is low and competitive rivalry is high.
The subsequent section provides details of the market analysis based on different segments such as component, application, enterprise size, end-user and region. The report includes detailed study of value chain of the industry. It includes supplier/vendor/cloud providers, distribution model, delivery model and end users. The report also covers extensively about the key competitors in the market for adaptive learning software.
Federal regulations to ensure the privacy, security and confidentiality of personal information
Key Takeaways from the Global Adaptive Learning Software Market Report
Competitive Landscape
The key players in the Global Adaptive Learning Software Market are D2L Corporation Company, DreamBox Learning, Fulcrum Labs Company, Impelsys Company, MCGRAW-HILL, New Leaf Technologies Company, Pearson, Realizeit Company, Wiley and VitalSource Technologies LLC among others. Through extensive research, it is found that big players have adopted various competitive strategies such as mergers & acquisitions in order to have a grip of emerging market. Furthermore, leading companies are expanding their geographical boundaries by acquiring small brands and domestic companies.
Segmentation Overview
Global Adaptive Learning Software Market is segmented based on component, application, enterprise size, end-user and region. The industry trends in the global adaptive learning software market are sub-divided into different categories in order to get a holistic view of the global marketplace.
Following are the different segments of the Global Adaptive Learning Software Market:
By Component segment of the Global Adaptive Learning Software Market is sub-segmented into:
By Application segment of the Global Adaptive Learning Software Market is sub-segmented into:
By Enterprise Size segment of the Global Adaptive Learning Software Market is sub-segmented into:
By End-user segment of the Global Adaptive Learning Software Market is sub-segmented into:
By Region segment of the Global Adaptive Learning Software Market is sub-segmented into:
Report Attribute | Details |
---|---|
Market Size Value in 2021 | US$ 1,382.1 Mn |
Expected Revenue in 2030 | US$ 7,434.3 Mn |
Historic Data | 2016-2020 |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Unit | Value (USD Mn) |
CAGR | 20.3% |
Segments covered | By Component, Application, Enterprise Size, End-User, and Region |
Key Companies | D2L Corporation, DreamBox Learning, John Wiley & Sons, Inc., and other prominent players |
Customization Scope | Get your customized report as per your preference. Ask for customization |
Adaptive learning software provides an online platform for educational institutes and enterprises that offer training to their employees. The platform is available in various applications and subscription models.
Increasing demand of distance-learning courses in adaptive learning software market is witnessing a rapid growth trend due to integration between education and technology.
The global adaptive learning software market is studied from 2016-2030.
Advancements in adaptive learning software have provided academic benefits such as better improved learning and innovation, higher student success, better knowledge sharing, creative thinking among students.
The growth rate of the global adaptive learning software market is 20.3%, with an estimated value of US$ 7,434.3 Million by 2030.
North America held the major share in terms of revenue in the global adaptive learning software market in 2021.
Factors such as implementation of SaaS based solution, increasing adoption of e-learning, increasing IT spending on cloud infrastructure in education and increasing application of quantum computing in education sector drives the growth in the global adaptive learning software market.
Cybersecurity and data protection risks, lack of compliance to the SLA and legal and jurisdiction issues is a restraining factor which inhibits the growth of the market during the forecast period.
Component, application, enterprise size, end-user and region are the different segments of the global adaptive learning software market.
The solution segment is estimated to have the highest market share in 2021 as there is minimal cost involved in setting up cloud-based software and flexibility along with more customization.
China is expected to project the highest CAGR in the Asia Pacific adaptive learning software market during the forecast period owing to potential growth opportunities in the region.
Germany held the major share in the Europe market in 2021 because there is high focus on innovations obtained from research & development and technology adoption in the region.
The key players operating in the market include D2L Corporation Company, DreamBox Learning, Fulcrum Labs Company, Impelsys Company, MCGRAW-HILL, New Leaf Technologies Company, Pearson, Realizeit Company, Wiley and VitalSource Technologies LLC among others.