New York , United States – The global big data analytics in education market revenue was US$ 15.65 billion in 2021. The global big data analytics in education market revenue is forecast to reach US$ 57.14 billion by 2030, growing at a compound annual growth rate (CAGR) of 15.3% during the forecast period from 2022-2030.
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Big data refers to the massive amounts of information people create every day. Big data analytics in education is use by the teachers, students and administrative as they leave a trail of data throughout their time at the institution. In addition, they can use this information to gauge performance at both a high level (your whole institution) and a granular level (each individual student).
In the wake of the COVID-19 pandemic, the global market for big data analytics in education has seen significant growth. It is due to the implementation of lockdown by governments in many countries and the adoption by students and teachers of online learning practices. Growing demand for cloud-based big data technology among educational institutions is also accelerating the market’s growth. In addition, analyzing students’ performance, identifying students’ interests, and monitoring students after they graduate from college are some of the benefits of big data and business analytics in education that fosters the global big data analytics in education market growth.
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In 2021, Asia-Pacific dominated the big data analytics in education market and forecast to maintain its position throughout the forecast period. Several factors are responsible for this, including the increase in interest in digital transformation in the education sector in this region and how different technologies, such as big data & analytics, and artificial intelligence (AI), have affected this region. Due to the increased penetration of tablets and smartphones across countries such as China and India, the Asia Pacific region is likely to witness a significant growth rate during the forecast period in the big data analytics in education market.
The leading prominent companies profiled in the global big data analytics in education market are:
The global big data analytics in education market segmentation focuses on Component, Deployment Model, Application, Sector, and Region.
Segmentation based on Deployment Model
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?This report provides comprehensive information on factors expected to influence the market growth and market share in the future. ?The report offers the current state of the market and future prospects for various geographical regions. ?This report provides both qualitative and quantitative information about the competitive landscape of the market.
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