Market Trends of Higher Education Learning Systems Industry
This section covers the major market trends shaping the Higher Education Learning Systems Market according to our research experts:
Learning Systems Software Segment to Drive the Market
- Flexible learning software enables one to extend online learning, increase employee engagement, and optimize learning outcomes. The software creates and preserve institutional knowledge, retain top employees, and drive business results with a better, more engaging learning environment. These software make it even easier to manage content, personalize courses, foster collaboration, and connect with learners.
- According to the Stack Overflow & Amazon survey as of early 2020, 46.2% of the respondents had bachelor degrees and 22.8% had attained a Master's degree in some form. Moreover, in 2025 worldwide spending on EdTech (educational technology) is expected to increase dramatically in several key segments.
- Besides, as per the stats of Associazione Italiana Editori, the video calling platform Skype was the most used software among Italian users before and during the lockdown. 28% of the respondents to a survey stated they used it even before the lockdown imposed by the pandemic to video call for smart working or distance learning.
- In addition in March 2020, companies like Blackboard Inc., announced the execution of a definitive agreement to sell its Blackboard Open LMS business ("Open LMS") to Learning Technologies Group plc ("LTG"). The transaction enables Blackboard to further simplify its business and accelerate momentum in helping clients move to its Software as a Service (SaaS) deployment of Learn and Ultra, its next-generation Higher Education Learning Systems.
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North America to Dominate the Market
- North America has is a ready market when it comes to technology. The development in the practice of eLearning tools and technological progress in learning methodologies have heightened the overall higher education learning systems market for the North American region. The enhanced adoption of handheld devices, such as mobile phones and tablets, is also encouraging the learning systems adoption trend in North America.
- According to BestColleges.com, as per a survey in 2019, 31% of respondents showed no concern about their online degree perception by proposed employers in the United States. Besides, according to a 2019 survey by NewSchools Venture Fund, the two most popular reasons that K-12 teachers in the United States practice digital learning tools are that they give immediate and actionable data on students' development and that they provide for personalized instruction based on students' skill level. Both of these options were chosen by 35% of respondents.
- Government rules and regulations heavily control this region. Efficient collaboration with academies and organizations has helped the teachers in this region be more responsive to technological innovation. Higher Education Learning Systems is expected to be the next level in the growth of a more interactive learning experience, and this is being used by many companies in the North American region.
- The higher education learning systems market in North America is extremely progressive since numerous businesses are implementing this to facilitate enhanced learning and partnership with the educators. North America, chiefly the U.S. and Canada, is anticipated to combine higher education learning systems solutions to improve collaboration in the learning context and taking actions to restore the ineffectiveness of traditional learning techniques.
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