Curriculum and data management: Key market research findings
- Need for effective monitoring drives market growth
- Higher education segment is the dominant shareholder in the market
- Key vendors – Akari Software, Blackboard, D2L, and Pearson Education
Technavio’s market research analysts expect the curriculum and data management market in the US to grow at a CAGR of around 13% between 2016 and 2020. The effective monitoring that curriculum and data management enable in educational institutions is the primary driver for growth in the market. These tools facilitate educational institutes to maintain a central control of curriculum mapping process while decentralizing the content development authorities to individual functionalities. By using these tools, the school and college authorities can review and approve the workflow of the process of content editing and final sign off in an automated manner. The role that curriculum and data management play in the improvisation of teaching methodology and the enhanced time management it delivers are some of the factors that will boost growth in the market during the forecast period.
The new market research report from Technavio presents a breakdown and analysis of the curriculum and data management segments based on end-users.
“The increasing adoption of cloud computing is the latest trend in the market. The curriculum and data management market in the US are expected to observe an increase in the use of cloud-based software, primarily because of its cost-effectiveness. This is especially beneficial for smaller institutions as they often lack the required expertise and skills to manage software installation. Besides, users can avail themselves of hassle-free system upgrades and maintenance,” says Jhansi Mary, Lead Analyst, Education, Technavio Research.
During 2015, the higher education segment accounted for almost 56% of the overall market share to dominate the curriculum and data management market in the US. The need for careful selection of content with personalized and adaptive learning methodology and helpful sequences of topics is stimulating the adoption of curriculum management tools amongst higher education institutes. The increased adoption of curriculum internationalization in an attempt to prepare graduates from varied cultural backgrounds to work in the new reality of a globally interconnected environment is also augmenting the fast-paced adoption of curriculum and data management tools in the segment.
The key vendors in the market include Akari Software, Blackboard, D2L, and Pearson Education. The curriculum and data management market in the US have grown steadily over the past few years. Vendors have several opportunities to incorporate innovations in their software packages and fulfill end-user needs in the education industry. Quality standards in the education sector are also changing rapidly and are compelling institutes to adopt technologies so that they can reach students from across the globe. In this market, the traditional vendors are investing a lot of money on R&D so that they can develop and introduce industry-specific software. Players are focused on developing solutions that can be accessed on premises or through cloud technology.
A more detailed analysis is available in the Technavio report, Curriculum and Data Management Market in the US 2016-2020.
We can customize reports by other regions and specific segments upon request.
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