Education and Learning Analytics Market Worth $8.2 Billion by 2024 - Exclusive Report by MarketsandMarkets™

CHICAGO, Dec. 18, 2019 /PRNewswire/ -- According to a new market research report "Education and Learning Analytics Market by Application (Performance Management, Curriculum Development and Intervention Management, and People Acquisition and Retention), Component, Deployment, End User, and Region - Global Forecast to 2024", published by MarketsandMarkets™, the global Education and Learning Analytics Market size is expected to grow from USD 3.1 billion in 2019 to USD 8.2 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 21.5% during the forecast period. The key factors driving the education and learning analytics industry include the rising need for data-driven decisions to improve the quality of education and growing technological investments in education sector.

Browse in-depth TOC on "Education and Learning Analytics Market"

105 – Tables

42 – Figures

190 – Pages

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=219923528

Performance management segment to hold the highest market share during the forecast period

The performance management segment remains the major application in the Education and Learning Analytics Market, as organizations across all sectors adopt some form of performance assessment tools to measure the overall enterprise performance. Learning analytics aims at aligning an enterprise's operational efficiency with the employee performance and further enables enterprises to integrate their performance management programs with their Learning Management System (LMS). Most common performance assessment tools involve a scorecard-based performance assessment approach to map the current performance of an employee/student.

Services segment to grow at a higher CAGR during the forecast period

The Education and Learning Analytics Market by component is segmented into software and services. Professional services and managed services help enterprises build successful client relationships by continuously supporting them throughout the business tenure. These services benefit enterprises by maximizing the resource usage, improving project execution, and streamlining their business operations. The need for services, such as support and maintenance, is further expected to grow, as the adoption of education and learning analytics software increases.

Academic institutions segment to maintain its lead in terms of revenue generation during the forecast period

Academic institutions, such as universities, colleges, and schools that provide K-12 and higher education are the biggest users of education and learning analytics solutions. These end users utilize these solutions to analyze the behavior of students, identify patterns, and make data-informed decisions related to the students' progress. Among academic institutions, higher education institutes are expected to garner high revenues during the forecast period.

Speak to Our Expert Analyst:
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=219923528

North America to account for the largest market size during the forecast period

North America is expected to account for the largest market size in the global Education and Learning Analytics Market during the forecast period. It is the most advanced region in terms of the adoption of technology and Information Technology (IT) infrastructure. The presence of key education and learning analytics vendors, as well as the widespread awareness about these solutions is further expected to contribute to the growth of the largest market size during the forecast period.

The Education and Learning Analytics Market comprises major solution providers, such as IBM (US), TIBCO (US), Microsoft (US), Oracle (US), SAP (Germany), SAS Institute (US), Tableau Software (US), MicroStrategy (US), Alteryx (US), Qlik (US), SABA Software (US), Blackboard (US), Schoology (US), Latitude CG (US), Watershed Systems (US), Yellowfin (ýAustralia), BrightBytes (US), Certica Solutions (US), Civitas Learning (US), InetSoft (US), Zogo Technologies LLC (US), Ellucian (US), Hobsons (US),  and D2L (Canada). The study includes in-depth competitive analysis of these key players in the education and learning analytics industry with their company profiles, recent developments, and key market strategies.

Browse Adjacent Markets: Analytics Market Research Reports & Consulting

Related Reports:

LMS Market by Component (Solution and Services), Delivery Mode (Distance Learning, Instructor-Led Training and Blended Learning), Deployment Type, User Type (Academic and Corporate), and Region - Global Forecast to 2023
https://www.marketsandmarkets.com/Market-Reports/learning-management-systems-market-1266.html

Smart Education and Learning Market by Product (Hardware, Software, Service, Educational Content), User (Academic, Corporate), Learning Mode (Collaborative, Virtual Instructor, Simulation, Adaptive, Social, Blended), and Region - Global Forecast to 2021
https://www.marketsandmarkets.com/Market-Reports/smart-digital-education-market-571.html

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/learning-analytics-market.asp

Visit Our Website: https://www.marketsandmarkets.com

Content Source: https://www.marketsandmarkets.com/PressReleases/learning-analytics.asp 

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg