Adaptive Learning Software Market - Forecast(2021 - 2026)
Adaptive Learning Software Market Overview
The Adaptive Learning Software Market is forecast to reach $5.89 billion by 2026, growing at a CAGR of 22.75% from 2021 to 2026. The Adaptive Learning Software Market is estimated to witness a sustainable growth over the forecast period majorly because adaptive learning software is being driven by rising educational technology (edtech) adoption in educational institutes. The adoption of adaptive software programs in schools and colleges, and increase in government initiatives for education will drive the market during the forecast period. The impact of Covid-19 also cannot be overstated as the rise in virtual learning due to the shutdown of schools and educational institutes will drive the demand for more innovative educational models, especially Adaptive learning solutions.
Report Coverage
The report: “Adaptive Learning Software Industry Outlook – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Adaptive Learning Software Market.
By Delivery – Video, Voice, Text, Hybrid.
By Deployment – Cloud, On Premises, Hybrid.
By Model – Gamification, Big Data, Virtual Learning Model and Others.
By Focus – Mathematics, Literature, Language, Finance, Marketing, Functional Language and Others.
By End Use Industry – Educational Institutes (Primary, Secondary, University and Others), Corporate (Small, Medium and Large), Online Course Providers.
By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan India, SK, Aus and Others), South America(Brazil, Argentina and others), and RoW (Middle east and Africa).
Key Takeaways
- Adaptive learning software monitors the students’ progress and modifies the study material so that tutors can provide training standards of effective quality. Educators can be more flexible so that students can become transparent and can have their own ways of training.
- The use of data and analytics with adaptive learning improves the performance of students. Growing demand for online learning technology and focus on development of technologies per need have been popular in the educational field. Analytics with adaptive learning technology helps tutors to monitor the progress of the students.
- Educational institutions need to introduce new education techniques for the students. Adaptive learning makes education easier for students. It helps them to meet academic standards and improves their achievement. Thus, this innovative model is being driven in the market.
- The development in wireless connection of Adaptive Learning Software focused on Gamification in particular is driving demand. This growth is particularly prevalent as a result of school lockdowns driven by Covid-19.
Adaptive Learning Software Market Segment Analysis - By Model
Gamification has dominated the Adaptive Learning Software Market as compared to the other models. There are various methods of teaching delivery, and each software may use video, voice, text or a combination of the elements to educate individuals. The Adaptive Learning technology has been developed by various vendors with different models to test an individual’s understanding. For example, one vendor’s software may use Gamification while another vendor may use big data to test the individual’s aptitude levels. There are numerous reasons for the popularity of the new technology such as the ease-of-use, the convenience, the ability to re-watch old content, etc. However with the rewards and recognition model observed from Gamification, adoption has risen due to improved learning experiences.
Adaptive Learning Software Market Segment Analysis - By End Use Industry
Educational Institutes hold the largest market in Adaptive Learning Software Market due to prevalence of new models, especially with the rising shift to online learning. The advances in adaptive learning platforms are used in blended learning environments. Students can keep track of their learning means so that they can develop self-monitoring skills and engage in learning process. Corporate training is expected to be the highest growing segment in adaptive learning software with CAGR of 30.7% during 2021-2026. 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.
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