Adaptive Learning Software Market Scope
The term adaptive learning refers to a way of online instruction that involves providing personalized learning experiences resulting from a data-driven approach to curriculum design. This technique builds on customized learning paths derived from algorithms, course analytics, assessment data, and feedback from students and might be used both to provide remediation and to assist learners to achieve mastery of content. Support for adaptive learning has been seen recently across higher education. The fast development of the internet and new technologies that are related to the distance learning system within the network environment has been greatly advanced. The demand for adaptive learning software has been surged across the world, owing to the rapid technological advancements and higher internet infrastructure. Adaptive learning software enhances student learning, engagement, and participation in many study programs.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | McGraw-Hill Education (United States), Dreambox Learning, Inc. (United States), SMART SPARROW PTY LTD. (Australia), D2L Corporation, Knewton (Canada), New Leaf Technologies (United States), Realizeit (Ireland), Fishtree (Ireland), Scootpad (United States) and Kidaptive. (United States) |
CAGR | 29.9% |
Adaptive Learning Software is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.The Vendors having a strong hold in the market are McGraw-Hill Education, Dreambox Learning, Inc., SMART SPARROW PTY LTD., and D2L Corporation, Knewton. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Adaptive Learning Software market throughout the predicted period.
McGraw-Hill Education (United States), Dreambox Learning, Inc. (United States), SMART SPARROW PTY LTD. (Australia), D2L Corporation, Knewton (Canada), New Leaf Technologies (United States), Realizeit (Ireland), Fishtree (Ireland), Scootpad (United States) and Kidaptive. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Knewton (United States), EdSurge (United States) and Docebo (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Adaptive Learning Software market by Type , by Application (Student Collaboration, Analytics and Insight, E-Learning Authoring, Integrated Learning Management System and Others) and Region with country level break-up.
On the basis of geography, the market of Adaptive Learning Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In July 2018, Follett announced the acquisition of Fishtree, a leading adaptive learning platform that streamlines both the technical integration as well as educational adoption of personalized learning in school classrooms. This acquisition is expected to incorporate the machine-based learning tools of Fishtree within Follett's industry-leading Destiny content as well as resource management platform used by more than 70,000 schools across North America.
In 2023, Knewton, a U.S based Adaptive Learning company, released a free adaptive learning platform. This platform aims to supplement current school curricula with extra content which is assigned to students based on their preferences and proficiencies.
Influencing Trend:
Growing Number of Strategic Partnerships among Adaptive Learning Software Vendors, Increased Emphasis on Teacher Training and Rising Use of Gamification
Market Growth Drivers:
Adoption of Adaptive Software Programs in Schools and Colleges, Personalization of the Learning Process, Increase in Government Initiatives for Education, Bring-Your-Own-Device Initiatives and Inclusion of analytics
Challenges:
Increasing cost related to implementation and training
Restraints:
Lack of Awareness and Low ICT Expenditure in Underdeveloped Regions
Opportunities:
Emerging Demand from Economies
Key Target Audience
Adaptive Learning Software Providers, Industry association, Downstream vendors, Government Bodies and End Users