Adaptive Learning Software Market Size [2022-2029] Industry Trends, Share, Growth, SWOT Analysis, Market Drivers
The global Adaptive Learning Software Market Size is expected to rise with an impressive CAGR and generate the highest revenue by 2029. Fortune Business Insights™ in its latest report published this information. The report is titled "Adaptive Learning Software Market Size, Share and Trends Forecast". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period [2022 - 2029].
- Fortune Business Insights says that the market value stood at US $ 1.61 Billion in 2019
- By 2027, the Adaptive Learning Software Market size is expected to reach US $ 7.94 Billion
- The market is expected to grow at a CAGR of 22.1% in the forecast period (2020-2027).
- The growth rate of the Global Adaptive Learning Software Market is 22.1%, with an estimated value of US $ 7.94 Billion million by 2027.
Gather more insights about the market drivers, restrains and growth of the Global Adaptive Learning Software Market
Driving Factor:
Popularity of Game-based Learning Software to Bolster Growth
The increasing inclination towards innovative game-based learning experiences to engage and empower learners will have a tremendous impact on the global market for adaptive learning software during the forecast period. Gamification has the potential to motivate and encourage users, thus enhancing retention rates and boosting engagement. Moreover, the constant efforts of educational institutes to implement gaming models to engage students in learning activities can foster the healthy growth of the market. Hence, the growing adoption of AI-based digital learning solutions such as PlayGen, tratbeans, Gamelearn, and Indusgeeks Solutions will enable speedy expansion of the market in the forthcoming years.
Colossal Utilization of E-learning platforms to Aid Market During Coronavirus
The temporary closure of schools, universities, and institutes has greatly impacted learners, educators, and skill development establishments amid coronavirus. While some countries are planning to reopen education institutes, it is likely to observe enormous demand for e-learning in the coming days. Furthermore, the increasing reliability of virtual learning among students will push the growth of the adaptive learning software market. Similarly, the rising government support to provide free education through adaptive learning will have an excellent effect on the market. Besides, the growing awareness about the benefits of e-learning such as one-to-one instructions, greater time efficiency, confidence-based approach, the capability to create individualized learning paths, and personalized learning for a heterogeneous group will subsequently foster the healthy growth of the market during the COVID-19 pandemic.
Major companies in Adaptive Learning Software Market Report are:
- Cerego (California, US)
- Curriculum Associates, LLC (North Billerica, US)
- D2L Corporation (Kitchener, Canada)
- Docebo (Toronto, Canada)
- DREAMBOX LEARNING (Washington, US)
- Fishtree (Arlington, US)
- Houghton Mifflin Harcourt (Massachusetts, US)
- Imagine Learning (Utah, US)
- Kidaptive (California, US)
- Knewton, Inc. (New York, US)
- Macmillan (New York, US)
- McGraw Hill (New York, US)
- New Leaf Technologies (Maharashtra, India)
- Paradiso (California, US)
- Pearson (London, United Kingdom)
- Realizeit (Dublin, Ireland)
- SAS (North Carolina, US)
- Scootpad (California, US)
Pre-Post COVID-19 Impact on Global Adaptive Learning Software Market
COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.
In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Adaptive Learning Software Market, since end-user industries were still not operating at their full capacity.
Secondary Research:
This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global Adaptive Learning Software Market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Primary Research:
Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.
Estimation of Market Size
The total size of the Adaptive Learning Software Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:
Extensive secondary research was used to identify the industry’s key players.
The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.
FAQ's:
1. How big is Adaptive Learning Software Market?
The global adaptive learning software market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 22.1% during the forecast period, to Reach USD 7.94 Billion by 2027, from USD 1.61 Billion in 2019
2. Who is the market leader in Adaptive Learning Software?
Major Points in Table of Content:
- Introduction
- Definition, By Segment
- Research Methodology/Approach
- Data Sources
- Key Takeaways
- Market Dynamics
- Macro and Micro Economic Indicators
- Drivers, Restraints, Opportunities and Trends
- Impact of COVID-19
- Short-term Impact
- Long-term Impact
- Competition Landscape
- Business Strategies Adopted by Key Players
- Consolidated SWOT Analysis of Key Players
- Global Market Share Analysis and Matrix, 2020
- Key Market Insights and Strategic Recommendations
- Profiles of Key Players
- Overview
- Key Management
- Headquarters etc.
- Offerings/Business Segments
- Key Details
- Employee Size
- Key Financials
- Past and Current Revenue
- Geographical Share
- Business Segment Share
- Recent Developments
- Annexure / Appendix
- Global Adaptive Learning Software Market Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
TOC Continued...!
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
Email: sales@fortunebusinessinsights.com
Phone: US:+1 424 253 0390, UK: +44 2071 939123, APAC: +91 744 740 1245
%20Chipsets%20Market.png)
Comments
Post a Comment