The Europe Big Data Analytics in Education Market would witness market growth of 19.92% CAGR during the forecast period (2021-2027).
Big data, an important part of modernization, has gained popularity among both practitioners and academics these days. Since education sector is one of the crucial sectors, institutions and authorities are evaluating its role in the sector to make the most out of it. In addition, there are many researches going on across the world to deploy big data analytics for different purpose in several domains. It is important to determine the role of big data analytics in education to classify research themes, explore the trends, and provide guidance to the students for the future.
Factors like increased demand for better administrative services, high internet penetration, and the requirement to reduce the cost of education are estimated to accelerate the growth of big data analytics in education market.
The schools of Europe are relying more on vendors to compile, process, examine and then take decisions based on the enormous amount of student information with the help of big data techniques and methods. The European Union (EU) has a current and forthcoming regime that relates to the protection of student rights from the possible danger of outsourcing information usage in Kindergarten-12th grade (k-12) educational arrangements.
At this moment, the most substantial EU legal tool on personal data protection is the 1995 Directive 95/46/EC on the protection of individuals with respect to the processing of personal information and the unrestricted movement of the information. Due to these protection acts and policies, educational institutions would better deploy big data solutions and hence, fuels the growth of the regional market over the forecast period.
The Germany market dominated the Europe Big Data Analytics in Education Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3,066.2 million by 2027. The UK market is anticipated to grow at a CAGR of 18.7% during (2021 - 2027). Additionally, The France market would experience a CAGR of 21.4% during (2021 - 2027).
Based on Sector, the market is segmented into Higher Education, K-12 and Preschool. Based on Application, the market is segmented into Skill Assessment, Behavior Detection, Course Recommendation, Student Attrition Rate Detection and Others. Based on Component, the market is segmented into Software and Services. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Big Data Analytics in Education Market Size will Hit $47.82 billion by 2027, at a CAGR of 20.79%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Microsoft Corporation, Verisk Analytics, Inc., SAP SE, Salesforce.com, Inc., Alteryx, Inc., SAS Institute, Inc., Blackboard, Inc. (Providence Equity Partners), and Tibco Software, Inc. (Vista Equity Partners)
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