North America Education and Learning Analytics Market
No. of Pages: 93 | Report Code: TIPRE00012820 | Category: Technology, Media and Telecommunications
No. of Pages: 93 | Report Code: TIPRE00012820 | Category: Technology, Media and Telecommunications
Market Introduction
Learning analytics has emerged from varied branches of science, including psychology, statistics, sociology, data mining, information science, and machine learning, to understand data collected during teaching, learning, and education administration, among other services. Thereby, learning analytics signify analysis of a huge volume of data originated and gathered from several sources by students and researchers for evaluating the performance assessment of students. Usually, learning analytics is restricted to evaluate student performance; however, with growing progress in the market, it has extended to business enterprises as workforce management. Additionally, learning analytics use social network analysis to assess student-to-student as well as student-to-teacher relationship and support interaction sessions for recognizing student performance Thus, the increasing demand for quality assurance and quality improvement in education system and also the increasing adoption of advanced technology among educational institutes in developing countries is anticipated to drive the education and learning analytics market.
Strategic insights for the North America Education and Learning Analytics provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Education and Learning Analytics refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Report Attribute
Details
Market size in 2019
US$ 1245.6 Million
Market Size by 2027
US$ 5133.3 Million
Global CAGR (2020 - 2027)
19.9%
Historical Data
2017-2018
Forecast period
2020-2027
Segments Covered
By Component
By Application
By End User
Regions and Countries Covered
North America
Market leaders and key company profiles
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Market Overview and Dynamics
The education and learning analytics market in North America is expected to grow from US$ 1245.6 Mn in 2019 to US$ 5133.3 Mn by 2027; it is estimated to grow at a CAGR of 19.9% from 2020 to 2027. Increasing demand for online courses and a dramatic increase in the number of registrations for online programs are creating a huge opportunity for vendors operating in the education and learning analytics market. The market for online courses is highly fragmented due to the presence of a large number of players operating in the market across North America. The learning analytics vendors must focus on partnerships with online course providers to expand their footprints across the North American region. Online learning is becoming an essential part of the educational landscape. The online program enrollments are increasingly driven by the rising number of students who are looking for flexible formats for certificates, courses, and degree programs to support career placement as well as to pursue advanced studies. Further, corporate professionals are also focusing on pursuing various courses for their professional growth. This is bolstering the growth of the education and learning analytics market.
Key Market Segments
In terms of component, the software segment held a larger market share of the education and learning analytics market in 2019. In terms of application, the performance management segment accounted for the largest share of the North America education and learning analytics market in 2019. Further, the academics segment held a larger share of the market based on end user in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the education and learning analytics market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Watershed Systems, Inc., SAS Institute Inc., Microsoft Corporation, Ellucian Company L.P., Blackboard Inc., Alteryx Inc., InetSoft Technology Corp. and Saba Software, Inc. among others.
Reasons to buy report
NORTH AMERICA EDUCATION AND LEARNING ANALYTICS MARKET SEGMENTATION
By Application
By End-user
By Country
Company Profiles
The North America Education and Learning Analytics Market is valued at US$ 1245.6 Million in 2019, it is projected to reach US$ 5133.3 Million by 2027.
As per our report North America Education and Learning Analytics Market, the market size is valued at US$ 1245.6 Million in 2019, projecting it to reach US$ 5133.3 Million by 2027. This translates to a CAGR of approximately 19.9% during the forecast period.
The North America Education and Learning Analytics Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Education and Learning Analytics Market report:
The North America Education and Learning Analytics Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Education and Learning Analytics Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Education and Learning Analytics Market value chain can benefit from the information contained in a comprehensive market report.
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