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. The workforce management is performed through gathering and analysing the data, anticipating the call workload, assessing the staff requirements, preparing the staff schedules as well as measuring the daily assessment. There are several tools used in learning analytics, such as predictive analytics, adaptive learning analytics, content analytics, analytics dashboard, and discourse analytics, among others. Thus, with the need for quality assurance and quality improvement is expected to fuel the education and learning analytics market.
Market Overview and Dynamics
The education and learning analytics market in APAC is expected to grow from US$ 694.0 Mn in 2019 to US$ 4476.7 Mn by 2027; it is estimated to grow at a CAGR of 26.8% 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 APAC market. The learning analytics vendors must focus on partnerships with online course providers to expand their footprints. This is bolstering the growth of the education and learning analytics Market. Meanwhile, 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 APAC education and learning analytics market.
Key Market Segments
In terms of component, the software segment accounted for the largest share of APAC education and learning analytics market in 2019. In terms of application, the performance management segment held a larger market share of the 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 education and learning analytics market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are SAS Institute Inc., SAP SE, Microsoft Corp., Happiest Minds, Ellucian Company L.P., Blackboard Inc., Alteryx Inc, Inetsoft Technology Corp., and Saba Software, Inc.
Reasons to buy report
APAC EDUCATION AND LEARNING ANALYTICS MARKET SEGEMENTATION.
By Component
By Application
By End-User
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 694.0 Million |
| Market Size by 2027 | US$ 4476.7 Million |
| CAGR (2020 - 2027) | 26.8% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Component
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
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The Asia Pacific Education and Learning Analytics Market is valued at US$ 694.0 Million in 2019, it is projected to reach US$ 4476.7 Million by 2027.
As per our report Asia Pacific Education and Learning Analytics Market, the market size is valued at US$ 694.0 Million in 2019, projecting it to reach US$ 4476.7 Million by 2027. This translates to a CAGR of approximately 26.8% during the forecast period.
The Asia Pacific 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 Asia Pacific Education and Learning Analytics Market report:
The Asia Pacific 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 Asia Pacific Education and Learning Analytics Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Education and Learning Analytics Market value chain can benefit from the information contained in a comprehensive market report.
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