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.
The market study is being classified, by Application (Student Collaboration, Analytics and Insight, E-Learning Authoring, Integrated Learning Management System and Others) and major geographies with country level break-up. According to AMA, the Global Adaptive Learning Software market is expected to see growth rate of 29.9%
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 predicts 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 profiled in the study. Additionally, the Vendors which are also part of the research are Knewton (United States), EdSurge (United States) and Docebo (United States).
AdvanceMarketAnalytics has segmented the market of Global Adaptive Learning Software market by Type, Application and Region.
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 2018.
Market Leaders and their expansionary development strategies
On 12 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.
Recently, Kidaptive, the adaptive-learning company concentrating on creating a vibrant ecosystem of modified education experiences for learners of all ages, has announced the close of a 19.1 USD Million Series C financing round led by Woongjin ThinkBig and Formation 8, a leading Korea-based education company.
- Growing Number of Strategic Partnerships among Adaptive Learning Software Vendors
- Increased Emphasis on Teacher Training
- Rising Use of Gamification
- 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
- Inclusion of analytics
- Emerging Demand from Economies
- Lack of Awareness
- Low ICT Expenditure in Underdeveloped Regions
- Increasing cost related to implementation and training
Key Target AudienceAdaptive Learning Software Providers, Industry association, Downstream vendors, Government Bodies and End Users
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