Education and Learning Analytics Market Analysis Report By Type, By Deployment, By Component, By End-Use, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The global education and learning analytics market size was accounted for USD 17.01 billion, in 2018. It is anticipated to grow at a CAGR of 17.4% from 2019 to 2025. The growing awareness regarding improved learning systems that enhances the performance and ability of student and education institutes is expected to surge the market growth. Moreover, learning analytics helps to improve the quality of learning through cognitive abilities, which in turn is projected to increase the analytics solution in the educational sector.

In addition, the rising trend of e-learning systems such as lecture capture, learning management systems, and others are expected to increase the market growth. These educational practices are used in the education sector to improve the productivity of student outcomes. In the enterprise sector, these practices are also essential as it allows the system to work on strategic goals set by the management.

Learning analytics helps to enhance business outcomes more efficiently as it provides optimization of productivity in the organization. These practices help to prioritize the program to eliminate if there is any money and time wastage. Thus, these factors have encouraged corporates to utilize this solution in the organization. For example, Blackboard Inc. has introduced a solution for colleges & schools.

Moreover, the development of 3D animation to better visualization is used to enhance the effectiveness of the operation. For example, Alteryx Inc. has launched Visualytics, the platform which allows suitable integration using graphical information. The enhanced data visualization using graphs helps to maximize the business. Increasing demand for these analytical solutions is anticipated to foster market growth.

Analytics software requires a data scientist who performs multiple tasks for a better decision-making approach. Thus, the growing employment opportunities in data analytics are expected to proliferate the demand for these solutions in the coming few years.

Component Insights

The education & learning analytics market is divided into services and software depending on the component. In 2018, the software segment dominated the market with the largest market share in the overall market. Moreover, rising investment by the companies on R & D activities to develop innovative software solutions is projected to spur market growth.

The services type segment is projected to grow at a CAGR of more than 18.0% from 2019 to 2025. The segment is comprised of professional and managed services. In 2018, professional services led the market with the highest market share. The growing services demand for maintenance, support, and consulting is expected to surge in the next few years due to the growing number of medium and small-scale enterprises. These key factors are projected to increase the demand for analytical solutions in the learning sector.

Type Insights

The descriptive segment is anticipated to hold the largest share in the overall market. Various key features such as high efficiency, monitoring of return on investment, and other performance issues are anticipated to increase the demand for descriptive analytics. In the enterprise sector, for better decision making descriptive analytics helps to analyze using historical data. These analytics helps to streamline business processes in an aligned manner to keep track of the performance.

The predictive analytics segment is estimated to grow at a significant rate over the forecasted period. Predictive analysis help to analyze and identify patterns in data available with the system. For example, air ticketing websites use this solution for analyzing price variations depending on past trends. Moreover, increasing demand for real-time, and personalized services owing to cybercrimes is anticipated to boost the market growth in the next few years.

Deployment Insights

Depending on deployment, the market is divided into on-premise and cloud-type deployment. In 2018, the cloud segment led the market with the highest share. This deployment service offer optimized performance, flexibility, and low cost which is projected to foster segmental growth. Moreover, effective data and massive data storage ability are expected to proliferate the adoption of these services.

On-premise type deployment provides greater privacy and security than cloud service. However, the installation cost of the on-premise type is higher and is expected to restrain the market growth. In the enterprise sector, on-premise service is widely used owing to its high efficiency in information tracking.

End-Use Insights

In 2018, the enterprise segment held the largest market share in the overall market. It is projected to propel at the fastest CAGR from 2019 to 2025. The growing adoption of analytical solutions in the banking and finance sector is expected to contribute to segmental growth. This solution allows to evaluation credits of consumers digitally.

In Academic applications, learning and educational analytics solutions are projected to foresee substantial growth due to the advancement in learning solutions. These solutions offer interactive, live statistical analysis to enhance better learning. Thus, increasing awareness about these key benefits is anticipated to bolster market growth.

Regional Insights

In 2018, North America led the learning & education analytics market with the highest share in the market. It accounted for over USD 6.0 billion in the overall market. The presence of a high number of foreign students in the market coming for learning. This factor is expected to increase the demand for learning solutions, which in turn is projected to support the market growth.

The European market is anticipated to propel at a significant rate during the forecasted period. Growing awareness about learning analytics in countries such as Germany, Switzerland, the U.K., and France. Asia Pacific is estimated to grow at the highest CAGR of more than 20.0% from 2019 to 2025. In the enterprise sector, the rising growth of e-commerce, and IT industries are expected to proliferate the demand for analytical solutions.

Impact of COVID-19

Coronavirus outbreak has generated immediate & unprecedented challenges for the education sector. Nearly 1.5 billion students and youths across the globe have been impacted by the lockdown caused due to this crisis. All the higher education institutions have switched to online learning and digital platforms.

Amid the COVID-19 pandemic, schools & colleges are utilizing e-learning tools such as Microsoft Education, Google Classroom, TEDed, Minecraft Education, and Zoom Conferencing solutions. For example, in France online portal called “Ma classe à la maison” is created which offers access to educational content. Similarly, in India, the Ministry of Human Resources &Development (HRD) has released a list of e-learning platforms for promoting digitally. This led to the adoption of education and learning to have a better purpose of understanding and improving learning outcomes.

Education and Learning Analytics Market Share Insights

Leading players in the market include IBM Corporation, Blackboard Inc., Oracle, D2L Corporation, Microsoft, Micro Strategy Inc., Tableau Software, Inc., and Saba Software.

Manufacturers engage in new product launches, innovations, strategic acquisitions to expand their product offerings. For example, in 2019, Blackboard, Inc. has partnered with an education center called Brasilia to promote its product offerings.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2014 to 2025. For this study, Million Insights has segmented the global education and learning analytics market report based on deployment, type, component, end-use, and region:

• Type Outlook (Revenue, USD Billion, 2014 - 2025)
    • Descriptive
    • Predictive
    • Prescriptive

• Deployment Outlook (Revenue, USD Billion, 2014 - 2025)
    • On-premise
    • Cloud

• Component Outlook (Revenue, USD Billion, 2014 - 2025)
    • Software
    • Services
        • Managed
        • Professional
                • Consulting
                • Support & maintenance

• End-Use Outlook (Revenue, USD Billion, 2014 - 2025)
    • Academics
        • K12
        • Higher Education
    • Enterprises
        • Retail
        • Financial services
        • Healthcare
        • Public Sector
        • Others

• Regional Outlook (Revenue, USD Billion, 2014 - 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
    • The Asia Pacific
        • China
        • India
        • Australia
    • Latin America
        • Brazil
        • Mexico
    • Middle East & Africa (MEA)