Dublin (Ireland)/Pune (India) | The Irish analyst Research and Markets expects the global market for adaptive learning software to grow by a total of USD 384.99 million over the next 4 years. In this context, the market researcher assumes an average annual growth rate of 11 %. This is the result of the market study “Global Adaptive Learning Software 2020-2024” published in May. The growth driver is above all the increased demand for personalised learning in companies and educational institutions. With a detailed analysis more closely examined by Research and Markets, the published forecast lists 25 companies from the market segment of adaptive learning software, in order to show the approach and focus of the market players.
In comparison to other market forecasts for adaptive learning software, Research and Markets, as with many other analyses of eLearning market segments, assumes lower growth than other market researchers. The Indian analyst HTF Market Intelligence, for example, even assumes an annual growth rate of 31.7 % until 2021, but also addresses market obstacles such as high costs and high necessary digital literacy, which are particularly effective in developing countries. And Research Fox, another Indian market research institute, averages 29.72% per year, with the analysis covering the forecast period until the end of 2022. Research Fox, incidentally, put the corresponding US market in 2017 at $879.48 million alone.
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