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Adaptive Learning Market Research Report

The global adaptive learning market size reached USD 1.86 Billion in 2020 and is expected to register a CAGR of 22.2%, during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of adaptive learning software in educational institutions is a key factor expected to drive global adaptive learning market revenue growth during the forecast period. In addition, rising demand for learning process customization is expected to support growth of the global adaptive learning market to a significant extent during the forecast period. Furthermore, increasing adoption of adaptive learning platforms and services in enterprises for corporate training is expected to augment revenue growth of the global adaptive learning market going ahead.

However, lack of awareness about adaptive learning platforms is a key factor expected to hamper global adaptive learning market growth to some extent during the forecast period.

Key players in the Adaptive Learning market include Pearson plc, McGraw Hill Education, John Wiley & Sons, Inc., Area9 Lyceum ApS, Cog Books Ltd., Curriculum Associates, Inc., Dream Box Learning, Inc., Follett Corporation, Cerego, Inc., and Realizeit

Some Key Highlights in the Report

Cloud segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing deployment of cloud-based adaptive learning solutions among end-users to customize platforms at a lower cost and gain better flexibility are some key factors expected to boost revenue growth of this segment.
In terms of revenue share, the platform segment is expected to lead over the forecast period due to rising adoption of adaptive learning platforms by educational institutions to offer personalized learning and improve learning outcomes.
Increasing adoption of adaptive learning platforms and services in academic settings is expected to support revenue growth of the academic segment, which is expected to lead in terms of revenue contribution to the global adaptive learning market during the forecast period.
Factors such as increasing need to improve employees' skills and the technicalities of learners across companies in countries in North America are expected to drive growth of the market in the region during the forecast period.
In May 2019, Knewton, Inc. was acquired by John Wiley & Sons, Inc. This acquisition will strengthen Wiley’s capabilities in the adaptive learning market and enable offering of its e-Content to a wider range of customers.
Read More@ https://www.emergenresearch.com/industry-report/adaptive-learning-market

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However, lack of awareness about adaptive learning platforms is a key factor expected to hamper global adaptive learning market growth to some extent during the forecast period.

Some Key Highlights in the Report

Cloud segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing deployment of cloud-based adaptive learning solutions among end-users to customize platforms at a lower cost and gain better flexibility are some key factors expected to boost revenue growth of this segment.
In terms of revenue share, the platform segment is expected to lead over the forecast period due to rising adoption of adaptive learning platforms by educational institutions to offer personalized learning and improve learning outcomes.
Increasing adoption of adaptive learning platforms and services in academic settings is expected to support revenue growth of the academic segment, which is expected to lead in terms of revenue contribution to the global adaptive learning market during the forecast period.
Factors such as increasing need to improve employees' skills and the technicalities of learners across companies in countries in North America are expected to drive growth of the market in the region during the forecast period.
In May 2019, Knewton, Inc. was acquired by John Wiley & Sons, Inc. This acquisition will strengthen Wiley’s capabilities in the adaptive learning market and enable offering of its e-Content to a wider range of customers.
Read More@ https://www.emergenresearch.com/industry-report/adaptive-learning-market

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