Global Personalized Learning Market Size and Growth 2024

 The personalized learning global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Personalized Learning Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size —
The personalized learning market size has grown exponentially in recent years. It will grow from $3.76 billion in 2023 to $4.74 billion in 2024 at a compound annual growth rate (CAGR) of 26.2%. The growth in the historic period can be attributed to special education legislation and inclusion policies, demand for alternative education models, parental advocacy, and grassroots movements.

The personalized learning market size is expected to see exponential growth in the next few years. It will grow to $12.13 billion in 2028 at a compound annual growth rate (CAGR) of 26.5%. The growth in the forecast period can be attributed to the expansion of data analytics capabilities, globalization and cross-cultural collaboration, and demand for customization and differentiation in education. Major trends in the forecast period include augmented and virtual reality applications, personalized learning pathways, and ethical and inclusive personalization practices.

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Scope Of Personalized Learning Market
The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Personalized Learning Market Overview

Market Drivers –
The expanding online education is expected to propel the growth of the personalized learning market going forward. Online education refers to the delivery of educational content, instruction, and support through digital technology and the Internet. Online education is growing due to its accessibility, flexibility, and cost-effectiveness, enabling learners to study from anywhere at their own pace. Online education facilitates personalized learning by empowering educators with the tools, flexibility, and infrastructure needed to optimize student engagement and success. Personalized learning allows online learners to follow customized learning paths based on their existing knowledge, skills, and learning goals. For instance, in January 2022, according to the World Economic Forum, a Switzerland-based non-governmental organization, the online learning platform Coursera recorded 20 million new student registrations in 2021, reaching 92 million in 2021 from 71 million in 2020. Therefore, expanding online education is driving the growth of the personalized learning market.

Market Trends —
Major companies operating in the pharma 4.0 market are developing cloud-based drug discovery platforms, such as StarDrop, to gain a competitive edge. StarDrop is a cloud-based drug discovery platform hosted on remote servers and accessed via the Internet, allowing researchers and pharmaceutical companies to carry out drug discovery activities such as compound screening, molecular modeling, and data analysis in a virtual environment. For instance, in October 2023, Optibrium Ltd., a UK-based biotechnology research company, launched a cloud-based version of its popular drug discovery platform, StarDrop. This platform aims to enhance accessibility and reduce the total cost of ownership for users. It retains all the functionality and interactivity of the desktop application. It allows users to access StarDrop from any internet-connected device, providing greater flexibility for researchers working remotely or across multiple locations. The cloud-based deployment is hosted on Amazon Web Services (AWS). It is supported by Optibrium’s ISO 27001-accredited information security system, ensuring advanced data security, including encryption for secure data transfer and protection behind a firewall.

The personalized learning market covered in this report is segmented —

1) By Component: Platform, Services
2) By Delivery Mode: Self-Paced, Instructor-Led
3) By Application: Personal, Commercial
4) By End-User: Higher Education, kindergarten-12th grade, Academic, Others End-Users

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Regional Insights —
North America was the largest region in the personalized learning market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the personalized learning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Companies —
Major companies operating in the personalized learning market are Google Plc, Wolters Kluwer N.V., Pearson Education, McGraw-Hill Education Inc., K12 Inc., Scholastic Corporation, Cengage Learning Holdings II Inc., Chegg Inc., Blackboard Inc., PowerSchool, Udemy Inc., Coursera Inc., Duolingo, Rosetta Stone, Desire2Learn Corporation, Codecademy Inc., Udacity Inc., Quizlet Inc., Discovery Education, Edgenuity Inc., Khan Academy Inc., Dreambox Learning Inc., NoRedInk Inc., Knewton Inc., Brainly Inc.

Table of Contents
1. Executive Summary
2. Personalized Learning Market Report Structure
3. Personalized Learning Market Trends And Strategies
4. Personalized Learning Market — Macro Economic Scenario
5. Personalized Learning Market Size And Growth
…..
27. Personalized Learning Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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