According to Stratistics MRC, the Global Adaptive Learning Market is accounted for $1.90 billion in 2020 and is expected to reach $8.55 billion by 2028 growing at a CAGR of 20.7% during the forecast period. Rising demand for advanced and innovative eLearning software & solutions, demand for personalized learning are the factors driving the market growth. However, low-end user motivation and engagement to adopt adaptive learning solutions are restraining the growth of the market.
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By geography, North America is going to have high growth during the forecast period as North America is one of the major adopters of adaptive learning platforms. The region plays a huge role in the development of technology, and emerging technologies and methodologies that reshape corporate training. The need to strengthen the skill sets of employees and technicalities among students in the region impose universities and educational organizations to develop adaptive learning platforms and services.
Some of the key players profiled in the Adaptive Learning Market include Pearson, Curriculum Associates, ScootPad Corporation, K12, Mathspace, McGraw Hill Education, Fulcrum Labs, Istation, CogBooks Ltd., DreamBox Learning, D2L, VitalSource, and Blackboard.
Deployment Modes Covered:
• Cloud
• On-Premises
Components Covered:
• Platform
• Services
Applications Covered:
• EdTech Companies
• Educational Institutes
• Corporate Sectors
Models Covered:
• Gamification
• Big Data
• Virtual Learning Model
End Users Covered:
• Academic
• Enterprise
• Online Courses
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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