Global Adaptive Learning Software Market to Reach 7,434.3 Million by 2030 – Astute Analytica

CHICAGO, USA, Oct. 25, 2022 /EINPresswire.com/ — The global adaptive learning software market size was US$1,382.1 million in 2021. The global adaptive learning software market is expected to reach US$7,434.3 million by 2030 by registering a compound annual growth rate (CAGR) of 20.3% during the forecast period, i.e. 2022-2030.

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Adaptive learning software is mostly deployed by educational institutions as an important means of providing excellent training to their employees through online platforms.

Continued advancements in adaptive learning software are expected to make a significant contribution to the industry, as these advancements benefit users by providing enhanced learning and innovation. Additionally, adaptive learning software can lead to better knowledge sharing and creative thinking among students, which shapes the scope of the overall market. Cloud-based storage has dramatically reduced the need for high physical storage and the need for geographic presence, increasing student and learner access to effective knowledge.

The solution segment, in terms of component type, holds the largest market share in 2021. Since the solution enables easy creation of adaptive learning solutions along with flawless installation, deployment and maintenance of continuous solutions, the service segment is expected to show the highest CAGR throughout the projection period. Additionally, application-based integrated learning management systems (LMS) dominated the global adaptive learning software market in 2021, while in the future analytics and information should show the highest CAGR. Moreover, depending on the size of the organization, large enterprises will continue to occupy the majority of the market in 2021, while small and medium enterprises will show the highest CAGR. The education segment, on the basis of end-user, takes the lion’s share in 2021, while the enterprise segment will show the highest growth rate.

Market dynamics and trends
Drivers
The growing popularity of SaaS-based solutions, along with factors such as the rising trend of e-learning and increased IT spending on cloud infrastructure, primarily in the education sector, are shaping the reach of the global adaptive learning software market. The wide range of applications of adaptive learning software such as hosting various management systems for educational institutions and corporate offices and managing other activities describes the scope of the global market for adaptive learning software.

In cases of e-learning, online education, and electronic delivery of study materials to students, SaaS in the education sector is especially useful. Many industries have benefited from cloud technology. Additionally, it is expected that the growing use of quantum computing in the education sector will introduce new users to AI-like technology.

Constraints
Cybersecurity and data protection risks are the major factors limiting the demand for adaptive learning software. Apart from this, non-compliance with the SLA, combined with legal and jurisdictional issues, is hampering the growth of the overall market. State and municipal laws and federal guidelines for higher education institutions govern information security in education. Additionally, the high level of complexity of the cloud, which typically involves multiple service providers, makes it difficult for consumers to make adjustments or take action.

Adaptive Learning Software Market by Region
Europe Adaptive Learning Software Market-
The Western Europe adaptive learning software market is expected to witness significant growth in the coming years by exhibiting the highest CAGR, all due to the growing number of private colleges in the region. Various universities located in UK, Italy, France, Germany etc. focus on international admissions, which will drive the adoption of adaptive learning software in the coming years due to the growing trend of virtual learning. The German adaptive learning software market maintains its lead with the largest market share owing to the growing emphasis on the deployment of new technologies and innovations.

North America Adaptive Learning Software Market-
In the North America adaptive learning software market, the United States leads with the highest market share and will maintain its lead with the highest CAGR during the forecast period. The growth of the US adaptive learning software market is due to reasons such as the presence of various industry giants, combined with the growing interest of various international IT organizations in enabling e-learning in their training. Based on components, the solution segment leads with the highest market share.

South America Adaptive Learning Software Market-
During the forecast period, the South American adaptive learning software market is expected to grow at the highest CAGR in Argentina. In addition, the higher education sector holds a larger share of the market, and Argentina and Brazil are expected to see a huge increase in the online tutoring trend. Additionally, in terms of application, the integrated learning management systems (LMS) industry is expected to dominate the South American adaptive learning software market in 2021.

Asia-Pacific Adaptive Learning Software Market-
In the Asia-Pacific adaptive learning market, Japan holds the largest share, while China will register the highest growth rate, due to the presence of a large number of end users, including schools and universities. Additionally, educational institutions in the region are rapidly transforming their infrastructure with an increasing emphasis on cloud services. Emerging countries like India and China are also witnessing the growing inclination towards cloud platforms in educational institutions, which will shape the scope of the adaptive learning software market in Asia Pacific.

Middle East Adaptive Learning Software Market-
The adaptive learning software market in the Middle East will register the highest contribution from Egypt, followed by the United Arab Emirates. The growth of the Egyptian adaptive learning software market is attributed to the expanding youth population and the growing use of adaptive learning software in the industry. Large organizations will also hold the largest market share in terms of enterprise size in 2021.

Africa Adaptive Learning Software Market-
In 2021, South Africa has the largest market share in the adaptive learning software market in Africa. Nigeria, however, is expected to have the highest CAGR during the forecast period. Additionally, the private instructor segment is expected to experience the highest CAGR during the forecast period, owing to the long-term adoption of digitized systems by higher education institutions. Additionally, the education category, based on end-users, is leading the adaptive learning software market in Africa.

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Competitive overview
Some of the major players analyzed in the adaptive learning software market include Wiley and VitalSource Technologies LLC, Pearson, Realizeit Company, MCGRAW-HILL, D2L Corporation Company, DreamBox Learning, Fulcrum Labs Company, New Leaf Technologies Company, Impelsys Company, etc. .

Market segmentation
By Component:
Software
On the site
Cloud
Services
Professional
Managed

Per application:
Student cooperation
Analysis and information
Online Learning Authority
Integrated Learning Management Systems (LMS)

By business size:
Small and medium enterprises
Large companies

Per end user:
K-12
Education
Company
Private Tutors
Others

By region:
North America
United States
Canada
Mexico

Europe
Western Europe
Great Britain
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
ASEAN
Rest of Asia-Pacific

South America
Argentina
Brazil
Rest of South America

Middle East
United Arab Emirates
Saudi Arabia
Egypt
Rest of the Middle East

Africa
South Africa
Nigeria
Rest of Africa

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About Astute Analytica
Astute Analytica is a global analytics and consulting company that has built a solid reputation in a short time, thanks to the tangible results we have delivered to our clients. We pride ourselves on generating unrivaled, thorough and incredibly accurate estimates and projections for our highly demanding clients spread across different verticals. We have a long list of satisfied and repeat customers from a wide range including Technology, Healthcare, Chemicals, Semiconductors, FMCG and many more. These satisfied customers come to us from all over the world. They are able to make well-calibrated decisions and take advantage of highly lucrative opportunities while overcoming fierce challenges, all because we analyze for them the complex business environment, existing and emerging opportunities by segment, technology formations , growth estimates and even the strategic choices available. . In short, a complete package. All of this is possible because we have a team of highly qualified, knowledgeable and experienced professionals including business analysts, economists, consultants and technology experts. In our list of priorities, you, our patron, come first. You can be sure of the best cost-effective and value-added package from us, should you decide to engage with us.

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