| Source: Emergen Research
Pune, INDIA
Vancouver, Nov. 01, 2023 (GLOBE NEWSWIRE) — 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. Global adaptive learning market revenue is expected to increase significantly during the forecast period due to increasing government initiatives for better education models and to improve learning outcomes. Increasing demand for game-based learning platforms across various sectors is another key factor expected to boost growth of the global adaptive learning market revenue in the near future. Rising adoption of various innovative educational models due to the COVID-19 pandemic is expected to augment growth of the global adaptive learning market during the forecast period.
However, complexities of adaptive learning platforms is a key factor expected to hamper global adaptive learning market growth to some extent over the forecast period.
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Scope of Research
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Major Companies and Competitive Landscape
The global adaptive learning market is fairly fragmented, with a number of large and medium-sized market players accounting for a major revenue share. Key players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, adopting more advanced technologies in adaptive learning platforms, and developing, testing, and introducing new and more efficient platforms in the market. Some prominent players operating in the adaptive learning market are:
Strategic Development
In January 2020, Smart Sparrow Pty Limited was acquired by Pearson plc. This acquisition will enhance Pearson’s capabilities for adaptive learning services and platforms, and also boost revenue growth of Pearson Global Learning Programme (GLP).
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Some Key Highlights in the Report
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Emergen Research has segmented the global adaptive learning market on the basis of deployment, component, end-use, and region:
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