Adaptive Learning Market Rising Demand and Future Scope till by 2027
Overview
The global adaptive learning market is expected to reach USD 5.4 billion by 2027, registering a CAGR of 19.43% during the forecast period. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the coming years.
Adaptive learning is a method of teaching and learning that personalizes the educational experience to meet the unique needs and abilities of individual students. This approach uses technology and data analysis to create customized lessons, readings, practice activities, and assessments for each student based on their skill level, interests, learning style, and other factors. This way, the learning experience is tailored to the specific needs of each student, making it more efficient and effective. Adaptive learning has been around for decades and continues to evolve with advances in technology, making it an increasingly popular approach in education. It is aimed at providing customized resources and scaffolding to each student to maximize their learning potential.
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The global adaptive learning market has been segmented based on components, application, deployment, end user, and region.
Based on components, the adaptive learning market has been segmented into platform and services. The service segment is divided into professional services and managed services. Furthermore, the professional segment is subdivided into consulting, implementation, support, and maintenance.
Based on application, the adaptive learning market has been segmented into EdTech companies and educational institutes.
Based on deployment, the adaptive learning market has been segmented into cloud and on-premises.
Based on end user, the adaptive learning market has been segmented into academic and enterprise. Furthermore, the academic segment is subdivided into K-12 and higher education. The enterprise segment is subdivided into SME and large enterprise.
Competitive Analysis
The key players of the global adaptive learning market are McGraw-Hill (US), Pearson (UK), Curriculum Associates (UK), Wiley (US), Istation (US), Area9 Lyceum (US), ScootPad (US), CogBooks (UK), VitalSource (US), DreamBox (US), Impelsys (US), Mathspace (Australia), Fulcrum Labs (US), Knowre (US), Follett (US), Imagine Learning (US), Cerego (US), Realizeit (US), K12 (US), and Houghton Mifflin Harcourt (US).
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Regional Analysis
The regional analysis for the global adaptive learning market has been done for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The market in North America accounted for the share in 2019, and it is expected to register strong growth during the forecast period. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. This growth can be attributed to the availability of numerous adaptive learning portals offering better-quality educational content.
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