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Data Analytics
Business Honor
14 Febuary, 2025
Asia's Big Data Analytics in Education market is to reach $16.51 billion by 2030.
The size of the Asia Big Data Analytics in Education market was estimated at $2.89 billion in 2020 and is expected to increase at a compound annual growth rate (CAGR) of 19.3% from 2021 to 2030, reaching $16.51 billion. The market is anticipated to expand as a result of factors such as the growing demand for data-driven decisions to enhance the quality of education, growing awareness of how the learning system is evolving in response to student performance, and an increase in technological investment among educational institutions. However, the growth of big data analytics in the education sector in Asia is expected to be limited by issues with data visualization, a lack of skills and experience to manage education analytics systems, and the high initial investment cost.
Course recommendations also aid in raising the caliber of education offered to students and improving the standards of workers in this industry. Additionally, skill evaluation has aided a number of educational establishments in enhancing their teaching methods, boosting their bottom line, and lowering student dropout rates.
Over the course of the forecast period, the on-premise sector is anticipated to gain a sizable proportion. This is because the company's own IT infrastructure can be utilized to collect, display, and arrange critical business data using on-premise big data analytics tools, ensuring the data is secure.
However, because the education sector is increasingly using cloud-based analytics solutions to analyze real-time data, the cloud segment is anticipated to grow at the fastest rate over the projection period. Additionally, cloud-based analytics solutions provide a greater capacity for innovation and distinction, which drives demand for them throughout Asia-Pacific and aids in market expansion.