The Business Market Insights provides you regional research analysis on “Europe Course Authoring Software Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Europe Course Authoring Software market during the forecast period, i.e., 2020–2027.
The course authoring software market in Europe is expected to grow from US$ 189.32 million in 2019 to US$ 572.97 million by 2027; it is estimated to grow at a CAGR of 17.6% from 2020 to 2027
The mounting integration of artificial intelligence (AI) in various smart education technologies has achieved a high degree of output in educational institutes as well as in the corporate sector. AI addresses problems such as high dropout rates and the ineffectiveness of the “one-size-fits-all” teaching approach. The deployment of AI-enhanced platform is that it has the ability to implement diversified tasks requiring human intelligence. It also helps in maintaining the ability to create solutions to human-related problems, such as speech recognition, translations involving different languages, and decision making. Also, AI-based learning solution offers insights to the professors related to students’ abilities, learning styles, progress, and suggestions to customize the teaching methods as per the student’s requirement. All these factors are anticipated to drive the demand for education technology solutions based on AR, VR, and AI technologies, which, in turn is likely to boost the growth of the Europe course authoring software market during the forecast period.
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Major key players covered in this report:
- Adobe Inc.
- Articulate Global Inc.
- Brainshark, Inc.
- Instructure, Inc.
- iSpring Solutions Inc.
- Lessonly, Inc.
- SAP Litmos
In Europe, course authoring solutions have been incorporated by researchers at the initial stage of development; contributions stretch all areas of research in the field, which includes the collaborative learning, learning dashboards, visualization of learners’ interactions, self-regulated learning dispositional learning analytics, and multimodal learning analytics. Further, researchers have explored a cluster of data from large-scale academic analytics to single course digital traces. Their efforts are further being organized to address new challenges, create collaborative research groups, establish scientific events based on learning analytics, and develop capacity in the interdisciplinary scope. Digital technologies are spreading at faster rate across the region and have become an inseparable part of present education system. The European Commission (EC) is robustly working on several policy initiatives to modernize the education system in the region, offering funding for research and innovation to endorse digital technologies specifically for education and measure the progress on digitizing schools and universities. Also, education sector witnessing digital enhancements which is expected to create a significant demand for course authoring software in the coming years, which is further anticipated to drive the Europe course authoring software market.
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The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Course Authoring Software market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Europe Course Authoring Software market segments and regions.
The research on the Europe Course Authoring Software market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Europe Course Authoring Software market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe Course Authoring Software market.
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