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Foresight: Learning Analytics Solution Market Will Generate New Growth Opportunities by 2025

  • STEEP Category :
    Social
  • Event Date :
    22 มกราคม 2561
  • Created :
    23 มกราคม 2561
  • Status :
    Current
  • Submitted by :
    Ian Korman
Description :

Learning is a product of interaction. Educators expend enormous amount of effort to design their learning content for maximizing the value of these interactions. There is no shortage of data when it comes to the learning experience. Student evaluation, performance data and curriculum analysis are just the tip of the iceberg for the course administrators, instructional authors and researchers who seek to transform educational data into meaningful and strategic learning experience. Student information in the form of grades, rates of participation, credit hours and work schedules piles up over the years, and educational institutes can now utilize learning analytics solutions to turn all these data into actionable insights. Learning analytics is the integration of computer science discipline such as data mining and computational analytics with learning and education. Learning analytics solution utilizes tools and applications for collecting, organizing and analyzing structured and unstructured data to improve multiple operations and activities that are part of education industry. It further helps to achieve strategic goals and enable better decision making.

Learning analytics solution market is segmented on the basis of solution, deployment mode, service, end user and region. By solution, learning analytics solution market can be segmented into predictive analytics, content analytics, adaptive learning analytics and social learning analytics. The global learning analytics solution market can be segmented according to deployment mode which includes on-premise and cloud based deployment. By service, learning analytics solution market can be segmented into consulting, implementation & integration and maintenance. The global learning analytics solution market can be segmented on the basis of end user which includes small and medium institute and large organization.

The growing demand by educational institutes and organizations to make better decisions by using student learning data is driving the growth of learning analytics solution market. Furthermore, added functionalities of cloud based analytics solutions and easy integration process are further expected to fuel the growth of learning analytics solution market during the projected period. However, high initial installment cost coupled with lack of awareness of learning based technology solutions across emerging countries such as Brazil, Indonesia and Thailand are expected to hinder the growth of learning analytics solution market amidst the forecast period 2015-2025.