Adaptive Learning Software Market Size, Share, Growth Analysis, By End user(K-12, Higher Education), By Deployment(On-premises And Cloud), By Component(Solutions, Platforms and Services) - Industry Forecast 2024-2031

Adaptive Learning Software Market size was valued at USD 2.86 Billion in 2022 and is poised to grow from USD 3.46 Billion in 2023 to USD 16.02 Billion by 2031, growing at a CAGR of 21.1% in the forecast period (2024-2031).

The adaptive learning software market exhibits high competition with many key players evidently competing for market share and innovation. These players range from established software giants to niche startups, each offering unique solutions designed to meet the evolving needs of educational institutions and students around the world. Established players such as Pearson Education, McGraw-Hill Education, D2L Corp. hold a significant market share due to their broad product range, reach and long-term presence in the educational technology industry investing in marketing strategies, further strengthening their position in the market. The report includes the adoption cycle of the market, covering from innovator stage to laggard stage. 'Dreambox Learning', 'SMART SPARROW PTY LTD.', 'D2L Corporation', 'Knewton', 'New Leaf Technologies', 'Realizeit', 'Fishtree', 'Scootpad', 'McGraw Hill (Platinum Equity)', 'John Wiley & Sons, Inc.', 'Cerego', 'Curriculum Associates, LLC', 'Docebo', 'Houghton Mifflin Harcourt', 'Pearson', 'Istation'

The COVID-19 pandemic is causing serious problems in education and industry. The temporary closure of schools, universities and institutions has severely affected students, teachers and skills development agencies. Although, some states have initiated plans to reopen educational institutions based on class size. The persistence of the virus may once again have shut down institutions. These decisions carry significant economic and social consequences and are expected to have a lasting impact on students and teachers. Meanwhile, e-learning platforms such as adaptive learning platforms can become indispensable for continuous learning. Even in the corporate world, upskilling has become increasingly important for professionals to prolong their careers in the current environment. The impending economic downturn is forcing companies to cut non-core jobs. The only two ways for employees to future-proof their work is to develop skills in areas where they are more likely to be continuously developed or more capable and qualified than a peer group Individualized teaching, time management, approach based on trust, ability to create personalized learning paths Adaptive learning software is expected to play an important role in this context due to its advantages such as , and personalized learning for heterogeneous group.

Need for Advanced and Innovative E-learning Software to Enhance Market Growth: Advanced digital learning software has emerged as students need innovative solutions to improve, scoring, and retention. Learning tools for manipulating daily information on screen with advanced technologies such as artificial intelligence (AI), augmented reality (AR), virtual reality (VR). This allows students to learn easily and meaningfully. AR and VR technologies help to understand complex scientific concepts faster, thus stimulating learning curiosity. It helps keep the content up-to-date and enhances it, thereby making the content more efficient and intuitive. Thus, exchange learning is expected to radically innovate the way education is conducted and bring a spark back to the classroom.

North America is the dominant region which holds the largest market share. Growing partnerships and collaborations between digital education vendors and organizations to integrate advanced software into existing education models are driving market growth in North America. Continue to offer coherent mathematics learning platforms in English and Full of all Spanish. Later, in October 2019, DreamBox Learning partnered with the Nevada Association of School Administrators (NASA) to provide access to on-site training, applied research live webinars, and professional development resources for NASA teachers other with their mathematics, helps design instruction for their own student’s unique developmental and learning needs.