Market Introduction
Learning analytics has emerged from varied branches of science, including psychology, sociology, data mining, information science and machine learning to understand the data collected during teaching, learning and education administration and thereby it helps in analysis of huge volume of data. Usually, learning analytics is restricted to evaluate student performance, however with the growing progress in the market, it has extended to business enterprises as workforce management. Additionally learning analytics use social network analysis to assess student-to-student as well as student-to-teacher relationship and support interaction sessions for recognizing student performance. Growing need to develop competitive strategies to withstand the market and rising focus on personalized learning is anticipated to be the key trend for the learning analytics market. Also the increase in digitalization and increase in adoption of mobile devices such as laptops, smartphones, and tablets is projected to offer prosperous opportunities to the market. Thus, the growth in the education sector is expected to create a significant demand for education and learning analytics in the coming years, which is further anticipated to drive the education and learning analytics market.
Market Overview and Dynamics
The education and learning analytics market in Europe is expected to grow from US$ 875.3 Mn in 2019 to US$ 5059.2 Mn by 2027; it is estimated to grow at a CAGR of 25.1% from 2020 to 2027. 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. The introduction of Artificial Intelligence (AI) to learning analytics has achieved a high degree of output in educational institutes. AI addresses problems such as high dropout rates and ineffectiveness of the "one-size-fits-all" teaching approach, among others. AI-based learning solution offers professors some insights on student's learning styles, abilities, progress, and suggestions to customize the teaching methods as per the student's requirement. The increasing demand for AI and the trend of integrating AI along with learning analytics is expected to have a positive impact on the education & learning analytics market growth during the forecast period. Key players operating the education and analytics market are focused on launching innovative and cost-effective solutions to compete in the market efficiently. This is bolstering the growth of the education and learning analytics market.
Key Market Segments
In terms of Application, the software segment accounted for the largest share of the Europe Education and Learning Analytics market in 2019. In terms of Component type, the performance management segment held a larger market share of the education and learning analytics market in 2019. Further, the academics 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 the education and learning analytics market in Europe 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 Corporation, Ellucian Company L.P., Blackboard Inc., Alteryx Inc. among others.
Reasons to buy report
EUROPE EDUCATION AND LEARNING ANALYTICS MARKET SEGMENTATION
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 875.3 Million |
| Market Size by 2027 | US$ 5059.2 Million |
| CAGR (2020 - 2027) | 25.1% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Component
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
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The Europe Education and Learning Analytics Market is valued at US$ 875.3 Million in 2019, it is projected to reach US$ 5059.2 Million by 2027.
As per our report Europe Education and Learning Analytics Market, the market size is valued at US$ 875.3 Million in 2019, projecting it to reach US$ 5059.2 Million by 2027. This translates to a CAGR of approximately 25.1% during the forecast period.
The Europe 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 Europe Education and Learning Analytics Market report:
The Europe 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 Europe Education and Learning Analytics Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Education and Learning Analytics Market value chain can benefit from the information contained in a comprehensive market report.
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