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The adaptive learning software market is projected to grow by USD 1.88 Billion from 2024-2028, with AI impacting trends and rising demand for personalized learning boosting revenue – Technavio

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NEW YORK, Sept. 30, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The Global Adaptive Learning Software Market  size is estimated to grow by USD 1.88 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  24.04%  during the forecast period.  Increasing need for personalized learning is driving market growth, with a trend towards assessment functionalities in adaptive learning software  However, increasing costs related to implementation and training  poses a challenge – Key market players include Adobe Inc., Cornerstone OnDemand Inc., D2L Inc, DreamBox Learning Inc., iEnergizer Ltd., Instructure Holdings Inc., International Business Machines Corp., John Wiley and Sons Inc., Kidaptive Inc., Korn Ferry, Learning Technologies Group Plc, Lincoln Learning Solutions, Microsoft Corp., New Leaf Technologies Pty Ltd., Pearson Plc, Richardson Consulting Group, Skillsoft Corp., Think and Learn Pvt. Ltd., and Totara Learning Solutions Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Ed-tech companies, Educational institutions, and Corporate sectors), Deployment (Cloud-based deployment and On-premises deployment), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Adobe Inc., Cornerstone OnDemand Inc., D2L Inc, DreamBox Learning Inc., iEnergizer Ltd., Instructure Holdings Inc., International Business Machines Corp., John Wiley and Sons Inc., Kidaptive Inc., Korn Ferry, Learning Technologies Group Plc, Lincoln Learning Solutions, Microsoft Corp., New Leaf Technologies Pty Ltd., Pearson Plc, Richardson Consulting Group, Skillsoft Corp., Think and Learn Pvt. Ltd., and Totara Learning Solutions Ltd.

Key Market Trends Fueling Growth

Adaptive learning software is a valuable tool for businesses, streamlining employee training and evaluation. Traditional methods, such as paper handouts and PowerPoint presentations, raised concerns regarding accuracy and timely results. Adopted by many organizations, adaptive learning software enables real-time training and evaluation based on designation, experience, and other parameters. Advanced features cater to corporate stakeholders, with vendors like Skillsoft offering the Skillport platform for customized training and system integration. Performance metrics assess employees on social, emotional, behavioral, and cognitive abilities. The launch of innovative AI-driven tools, like BYJU’S WIZ, further enhances performance measurement capabilities. These advancements are expected to fuel the demand for adaptive learning software in the business sector. 

The Adaptive Learning Software Market is witnessing significant growth as educational establishments and corporations adopt new technology to enhance training programs. Administrators seek personalized learning experiences for learners, leading to the increasing popularity of adaptive learning platforms. Integration difficulties with data management systems and conventional teaching methods persist, but the benefits of adaptive learning systems, such as high-speed internet access and real-time learner data analysis, outweigh the challenges. Adaptive learning systems use artificial intelligence, machine learning, and data science to provide customized content based on learners’ needs. Cloud-based and on-premise solutions cater to various sectors, including Higher Education, Corporate, K-12, and EdTech. Effective instructor training and implementation complexities are crucial for successful adoption. New technology trends, such as up-skilling, self-directed learning, augmented reality (AR), and virtual reality (VR), are transforming the digital education industry. Gamification and adaptive learning systems are also gaining traction, offering engaging learning experiences. Despite these advancements, challenges such as data privacy and security remain. The market’s growth is driven by the need for effective learner outcomes and the increasing use of ubiquitous computing in education. As the market continues to evolve, adaptive learning software will play a crucial role in delivering personalized, effective, and engaging learning experiences. 

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Market Challenges

The Adaptive Learning Software Market faces significant challenges in terms of cost and digital literacy. The high cost of the software and its deployment is a major barrier to entry for many institutions, particularly in developing regions. Additionally, the need for extensive staff training and continuous updating and subscription renewals add to the overall expense. The lack of digital literacy among faculty in some institutions further complicates the adoption process. These factors may hinder the market’s growth, requiring careful consideration and planning for potential adopters.The Adaptive Learning Software Market is experiencing significant growth due to the increasing demand for personalized learning solutions in both higher education and corporate segments. Advanced algorithms and data analytics enable these software applications to adapt to individual learner needs, enhancing the learning experience and improving student progress and proficiency level. Educational institutions, colleges, and universities are embracing adaptive learning software to address the unique requirements of each student, leading to better learning outcomes and engagement. Corporate training programs also benefit from adaptive learning solutions, addressing individual learning styles, pace, and linguistic requirements to improve worker productivity and address skill shortages. Technological developments continue to drive innovation in this market, with data-driven decision-making and ongoing education opportunities becoming essential for both academic institutions and corporate training initiatives. Adaptive learning software provides customized training courses and adapts to individual learning gaps, making it a valuable investment for educational technology suppliers.

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Segment Overview 

This adaptive learning software market report extensively covers market segmentation by

End-user 1.1 Ed-tech companies1.2 Educational institutions1.3 Corporate sectorsDeployment 2.1 Cloud-based deployment2.2 On-premises deploymentGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Ed-tech companies-  The adaptive learning software market is experiencing significant growth among ed-tech companies due to the increasing demand for personalized learning, particularly in the K-12 and higher education sectors. Factors fueling this growth include high broadband penetration, education networks, technology deployments in schools, content digitization, teacher shortages, new government policies, and the enrollment in online higher education. Companies like John Wiley and Sons Inc. And McGraw-Hill Education Inc. Offer adaptive learning software with features such as real-time performance feedback, learner-influenced instructional levels, integrated course management tools, and streamlined mobile capabilities. Solutions like ALEKS K-20 adaptive software by McGraw-Hill Education Inc. Provide personalized learning platforms for higher education. Ed-tech companies are also introducing cloud-based adaptive learning solutions to reduce implementation costs, but concerns over technical knowledge and safety and privacy issues remain.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

The Adaptive Learning Software Market is experiencing significant growth in the digital education industry, driven by advancements in Artificial Intelligence (AI) and Machine Learning (ML) technologies. These technologies enable personalized learning solutions that cater to individual learner needs, enhancing the learning experience. Data science plays a crucial role in analyzing student progress and proficiency levels to provide effective up-skilling opportunities. Ubiquitous computing and EdTech have made adaptive learning systems accessible through e-learning platforms, enabling self-directed learning. Augmented Reality (AR) technology further enriches the learning experience by providing interactive and educational content. Advanced algorithms and data analytics help adaptive learning systems adjust to the student’s pace and learning style, making education more effective. Adaptive learning systems are being adopted by educational institutions, colleges, and corporations for effective teacher training and up-skilling employees in the Higher Education and Corporate sectors. Cloud-based and on-premise solutions offer flexibility, while high-speed internet ensures seamless access to these software applications. The future of adaptive learning lies in continuous innovation and integration with emerging technologies to provide a more effective and personalized learning experience.

Market Research Overview

Adaptive learning software is revolutionizing the digital education industry by leveraging advanced technologies such as artificial intelligence (AI) and machine learning to provide personalized learning solutions. These software applications use data analytics and learning analytics to understand individual learner needs, paces, and styles, and adapt the learning experience accordingly. The use of AI and machine learning enables adaptive learning software to deliver adaptive information based on the student’s progress and proficiency level. The adaptive learning market is witnessing significant growth due to the increasing demand for up-skilling and self-directed learning in the corporate segment, K-12 segment, and higher education segment. The integration of technologies such as AR, VR, gamification, and cloud-based software is enhancing the learning experience and engagement, leading to higher retention rates. Technological developments in adaptive learning software are enabling data-driven decision-making for educators and administrators, providing performance metrics and identifying individual learning gaps. However, implementation complexities and integration difficulties with data management systems and conventional teaching methods remain challenges. The adaptive learning market caters to the learning requirements of academic institutions, colleges, universities, and corporate training programs, offering customized training courses to address skill shortages and enhance worker productivity. The market is witnessing innovation in adaptive learning platforms, providing adaptive information in learning environments, and catering to linguistic requirements and learning disabilities. Ongoing education and skill enhancement are key drivers of the adaptive learning market, with educational technology suppliers investing heavily in technology-enabled learning solutions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userEd-tech CompaniesEducational InstitutionsCorporate SectorsDeploymentCloud-based DeploymentOn-premises DeploymentGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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HALLMARK VENTURE GROUP, INC. SECURES INITIAL $50,000 IN BRIDGE FINANCING AND WELCOMES NEW DIRECTOR

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LAS VEGAS, Nov. 5, 2024 /PRNewswire/ — Hallmark Venture Group, Inc. (OTC: HLLK) (“HLLK” or the “Company”) is pleased to announce in an 8k filed today that it has secured $50,000 in initial bridge financing. This funding will drive the Company’s ongoing expansion in search engine marketing (SEM), support machine learning advancements, and facilitate key talent acquisition.

The Company is also excited to welcome Nick Cardosi as the newest member of its Board of Directors, strengthening its leadership team and enhancing its expertise.

Additionally, Hallmark Venture Group has moved its principal place of business to Las Vegas, Nevada, positioning the Company for further growth and market accessibility.

In partnership developments, HLLK has entered into an agreement with Creative Venture Capital LTD (“CVC”). Under this agreement, CVC will continue to introduce high-quality traffic to the Jubilee platform, with revenue-sharing arrangements in place to benefit both parties.

The Company has also formalized an Executive Compensation Agreement with its President and CEO, Evan Bloomberg. The 24-month agreement includes $1,000,000 in shares of Company common stock, an annual salary of $340,000, and a tiered performance bonus linked to quarterly revenue milestones.

About Hallmark Venture Group, Inc.

Hallmark Venture Group, Inc. (OTC: HLLK) is a digital marketing leader specializing in machine learning and AI solutions to automate and optimize ad campaigns. The Company’s platform provides real-time insights that maximize ROI with minimal manual intervention.

Through its subsidiary, Jubilee Intel, HLLK continues to pioneer advancements in digital marketing. The team is focused on cutting-edge projects to enhance keyword research, traffic quality, and time-series data analysis, all aimed at boosting efficiency and profitability for digital advertising campaigns.

Safe Harbor Statement

Safe Harbor This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words “may”,”would”, “will”, “estimate”, “can”, “believe”, “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is and will be included in the Company’s filings with the Securities and Exchange Commission and/or OTC Markets.

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SOURCE Hallmark Venture Group, Inc.

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MedAdvisor Solutions Launches Telehealth Service on MedAdvisor Patient App, Further Enhancing Access to Care

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Patients can now book virtual provider consultations within the App

MELBOURNE, Australia, Nov. 6, 2024 /PRNewswire/ — MedAdvisor Solutions, a global leader in pharmacy-driven patient engagement solutions, announced today that new Telehealth functionality is now available within the MedAdvisor App and is already being utilised by patients. Access to telehealth services was ranked as the 3rd most desirable feature by pharmacists, based on feedback from our extensive network of pharmacy partners1. Telehealth access via the App simplifies the patient healthcare journey, allowing patients to consult with providers and manage their prescriptions from anywhere, at any time.

This new feature in the MedAdvisor App allows patients to book virtual consultations with providers and receive eScripts following the consultation. The App also allows patients to pre-order medications from their preferred pharmacy and receive renewal reminders as needed.

The launch reflects MedAdvisor Solutions commitment to meet the evolving needs of patients and pharmacies across Australia, where more than 95,000 practitioners use Telehealth and 23% of appointments occur via Telehealth2. By making prescriptions, medication information and health services available through the MedAdvisor App patients can take a more active role in their healthcare journey, enhancing adherence and improving outcomes.

The feature allows for more seamless communication between patients, pharmacists, and providers, ultimately improving care coordination and eliminating barriers to medication adherence, such as geographic or time constraints.

“Providing seamless access to Telehealth services is a natural progression for the MedAdvisor app, providing a comprehensive resource for patients’ healthcare needs,” said Wayne Marinoff, President ANZ of MedAdvisor Solutions. “By enabling virtual consultations and eScript functionality, we are not only enhancing patient engagement and satisfaction, but also helping pharmacies streamline their operations and maintain strong patient relationships.”

To access the new Telehealth feature, patients can download the MedAdvisor App from the App Store or Google Play for free. After logging in, patients will have access to a wide range of healthcare services, including the ability to book virtual consultations with healthcare providers and receive eScripts directly within the App. The MedAdvisor App streamlines the entire healthcare journey, allowing patients to manage prescriptions, consult with professionals, and access medication reminders—all in one convenient platform.

Access to telehealth within the App aligns with the company’s commitment to enhancing access to care for patients across the country. Last year, MedAdvisor Solutions was chosen as the preferred software provider for the Expanded Scope of Practice initiatives. Today, more than 84,000 patients have received 88,400 services across 3,640 pharmacies. Additionally, 84% of pharmacies report being satisfied with MedAdvisor Solutions’ ability to help them expand the scope of health services in their pharmacy.1 By continuing to collaborate with our pharmacy partners and evolve our platform, MedAdvisor Solutions is helping to drive the future of patient-centric care.

About MedAdvisor Solutions
MedAdvisor Solutions is a global leader of pharmacy-driven patient engagement solutions that provide individualized patient experiences to simplify the patient medication journey. Our solutions utilise an empathetic, data-driven approach to engagement and an innovative, patient-centric digital experience that empower the pharmacy of the future and inspire lasting behaviour change. MedAdvisor Solutions works with over 37,000 pharmacies across the US, Australia & New Zealand to deliver our solutions to help patients take their medication safely and effectively.

In Australia, MedAdvisor Solutions has connected nearly 4 million patients through more than 95% of Australian pharmacies. MedAdvisor Solutions is on track to become one of the largest players to aid in the global transformation of the pharmacy of the future through digital patient engagement solutions. In 2018 and 2020, MedAdvisor Solutions was recognized in the AFR Fast 100 and in 2022, 2023 and 2024 received the Retail Excellence Award (REX) for Technology & Automation from Drug Store News.

www.medadvisorsolutions.com 

12023 internal MedAdvisor research of 459 pharmacists across 451 pharmacies in Australia
2Australian Government Department of Health and Aged Care, 6 October 2023, Does using telehealth affect our healthcare?

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SOURCE MedAdvisor Solutions

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MAJOR ANNOUNCEMENT: Louder with Crowder Joins ‘Rumble Premium’; MugClubbers Granted Full Access to Exclusive ‘Rumble Premium’ Features

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Current MugClub members are grandfathered in and will now have full platform access that includes ad-free video viewing, exclusive content, a verified badge, and other benefits.New Subscribers will have the option to subscribe monthly for $9.99 or annually for $99.Donald Trump Jr. and Kimberly Guilfoyle are confirmed to be a part of Rumble Premium.This merge between MugClub and Rumble Premium ensures continued support for the ‘Louder with Crowder’ mission as well as increased quality services for MugClubbers.For more information on Rumble Premium, access https://rumble.com/premium.

DALLAS, Nov. 5, 2024 /PRNewswire/ — Louder with Crowder announced today that its member-only subscription service, MugClub, will join forces with Rumble Premium, as both organizations look to provide the highest quality services for their loyal audiences going into 2025.

Current MugClubbers will be granted full access to Rumble Premium features — which includes ad-free video viewing, exclusive content, a verified badge, among other benefits.

Subscribers can opt-in monthly for $9.99 or annually for $99, saving 17% compared to the monthly fee.

Louder with Crowder is excited about its continued partnership with Rumble to deliver the most unique and high-quality content to loyal subscribers.

Rumble has been a consistent defender of free speech, and the company’s success is proof that the American people support platforms that unwaveringly stand by the First Amendment.

This merge between MugClub and Rumble Premium ensures continued support for the ‘Louder with Crowder’ mission as well as increased quality services for MugClubbers.

Louder with Crowder CEO, Gerald Morgan Jr., expressed his enthusiasm about this announcement.

“From the beginning, Rumble and ‘Louder with Crowder’ wanted to create a place where you can pay one subscription fee and support all of the creators you love. With the launch of Rumble Premium, we are finally making that happen. Think Netflix combining with YouTube, this is going to be huge!”

For more information on Rumble Premium, access https://rumble.com/premium.

Louder with Crowder and Rumble will continue to share updates on this growing partnership as more benefits and features are added to enhance the subscriber experience.

Media Contact:  
comms@louderwithcrowder.com 

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SOURCE Louder With Crowder

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