Report : Asia Pacific Education and Learning Analytics Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Component (Software and Services), Application (Budget and Finance Management, People Acquisition and Retention, Operations Management, Performance Management, and Curriculum Development and Intervention Management), and End User (Academics and Corporate) and Country
Performance Management segment to Dominate APAC Education and Learning Analytics Market during 2019–2027
According to a new market research study on “APAC Education and Learning Analytics Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Component, Application, and End-user,” is expected to reach US$ 4476.7 Mn by 2027 from US$ 694.0 Mn in 2019. The market is estimated to grow at a CAGR of 26.8% from 2020 to 2027. The report provides trends prevailing in the APAC education and learning analytics market along with the drivers and restraints pertaining to the market growth. Increasing demand for quality assurance and quality improvement in education system are the major factor driving the growth of the APAC Education and Learning Analytics Market. Due to Covid-19 Educational institutions worldwide are responding to travel bans as well as quarantines with a move to online learning. The emergency may initiate an online boom for education which is paving way for education and learning analytics market. Growing demand for Education and Learning Analytics solution and services is rising rapidly over the years across education sector, owing to the impact of COVID-19, this software help students as well as other professional to learn and study online. Thus, focusing more towards education and learning analytics solutions or services might provide new opportunities to generate more business from this market.
The market for APAC education and learning analytics market is segmented into component, application, end-user and country. Based on component, the market is segmented into software and service. In 2019, the software segment held the largest share APAC education and learning analytics market. Based on application the APAC education and learning analytics Market is divided budget and finance management, people acquisition and retention, operations management, performance management, curriculum development and intervention management. Curriculum development and intervention management is expected to the fastest growing segment over the forecast period. Similarly, On the basis of end-user the market is segmented into corporate and academics. The academics segment accounts for largest market share in the 2019.
SAS Institute Inc., SAP SE, Microsoft Corp., Happiest Minds, Ellucian Company L.P., Blackboard Inc., Alteryx Inc, Inetsoft Technology Corp., and Saba Software, Inc. are among the leading companies in the North America education and learning analytics market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, Microsoft Corporation rolled out its K12 Education Transformation Framework more widely to schools across India at the second edition of the Microsoft Education Days in Gurgaon, India.
APAC Education and Learning Analytics Market ,By Country,2019 and 2027(%)
The report segments the APAC Education and Learning Analytics Market as follows:
APAC Education and Learning Analytics Market – By Component
APAC Education and Learning Analytics Market – By Application
- Performance Management
- Operations Management
- Budget and Finance Management
- People Acquisition and Retention
- Curriculum Development and Intervention Management
APAC Education and Learning Analytics Market – By End-User
APAC Education and Learning Analytics Market – By Country
- South Korea
- Rest of APAC