COVID-19 Impact Analysis on AI In Education Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2028. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the ai in education market include Amazon Web Services Inc., IBM Corporation, Microsoft Corporation, Google LLC, Pearson Plc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The growing demand for AI in education is primarily driven by AI technology's advanced features and benefits, attracting investments and fueling its adoption among organizations. Moreover, increasing demand for intelligent tutoring systems (ITSs) is fueling AI in education industry. The numerous benefits AI provides in the education sector, such as improved learning strategies, personalized tutoring, quality education, and others, are expected to be major factors that are likely to propel the growth of AI in education market. Furthermore, the rising adoption of machine learning and deep learning technologies in the education sector is also pushing the market growth. Additionally, the rapid adoption of digitization and cloud-based technologies is expected to fuel the growth of AI in education market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of ai in education. The growth and trends of ai in education industry provide a holistic approach to this study.
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Market Segmentation
This section of the ai in education market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
· Solutions
· Services
By Deployment
· Cloud
· On-Premises
By Technology
· Natural Language Processing (NLP)
· Machine Learning
By Application
· Learning Platform & Virtual Facilitators
· Intelligent Tutoring System (ITS)
· Smart Content
· Fraud And Risk Management
· Others
By End-Use
· K-12 Education
· Higher Education
· Corporate Training & Learning
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the AI In Education market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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According to research report "AI in Education Market by Technology (Deep Learning and ML, NLP), Application (Virtual Facilitators and Learning Environments, ITS, CDS, Fraud and Risk Management), Component (Solutions, Services), Deployment, End-User, and Region - Global Forecast to 2023", MarketsandMarkets forecasts the global Artificial Intelligence (AI) in education market to grow from USD 537.3 Million in 2018 to USD 3,683.5 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 47.0% during the forecast period.The AI technology is playing a crucial role in enhancing and improving teachers’ and students’ knowledge.
Additionally, the increasing adoption of the AI technology for various applications in the education sector and growing need for multilingual translators integrated with the AI technology are expected to drive the growth of the AI in education market.Browse and in-depth TOC on "AI in Education Market - Global Forecast to 2023"84 - Tables 55 - Figures 151 – PagesDownload PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=200371366The Natural Language Processing (NLP) technology segment is expected to grow at a higher CAGR during the forecast period.In the education sector, the Natural Language Processing (NLP) technology is playing a crucial role to synthesize the educational data for generating the final output.
As a result, the use of the NLP technology in educational applications is growing at a rapid pace.
This technology helps in analyzing large volumes of data generated by education software.The cloud deployment mode is expected to have the larger market size during the forecast period.On the basis of deployment modes, the AI in education market is classified into cloud and on-premises.
Among deployment modes, the cloud deployment mode is expected to have the larger market size during the forecast period.
The adoption of the cloud deployment mode is growing, due to various reasons such as cost-effectiveness, the ease of deployment, and reduced operational cost.The educational institutes end-user segment is expected to have the largest market size during the forecast period.The AI technology is a leading trend in the education sector, as it can be easily integrated with educational systems for a better learning experience.
According to research report "AI in Education Market by Technology (Deep Learning and ML, NLP), Application (Virtual Facilitators and Learning Environments, ITS, CDS, Fraud and Risk Management), Component (Solutions, Services), Deployment, End-User, and Region - Global Forecast to 2023", MarketsandMarkets forecasts the global Artificial Intelligence (AI) in education market to grow from USD 537.3 Million in 2018 to USD 3,683.5 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 47.0% during the forecast period.
Additionally, the increasing adoption of the AI technology for various applications in the education sector and growing need for multilingual translators integrated with the AI technology are expected to drive the growth of the AI in education market.
Download PDF Brochure: https://www.marketsandmarkets.com/Market-Reports/ai-in-education-market-200371366.html Browse 84 market data Tables and 55 Figures spread through 151 Pages and in-depth TOC on "AI in Education Market - Global Forecast to 2023"The Natural Language Processing (NLP) technology segment is expected to grow at a higher CAGR during the forecast period.In the education sector, the Natural Language Processing (NLP) technology is playing a crucial role to synthesize the educational data for generating the final output.
This technology helps in analyzing large volumes of data generated by education software.The cloud deployment mode is expected to have the larger market size during the forecast period.On the basis of deployment modes, the AI in education market is classified into cloud and on-premises.
Moreover, governments in this region are also investing in AI-powered technologies to enhance the quality of education delivered to students.The AI in education market report encompasses the competitive landscape and company profiles of the key vendors based on their product offerings and business strategies.
Major AI in education vendors include IBM (US), Microsoft (US), Bridge-U (UK), DreamBox Learning (US), Fishtree (US), Jellynote (France), Jenzabar (US), Knewton (US), Metacog (US), Querium Corporation (US), Google (US), AWS (US), Cognizant (US), Carnegie Learning (US), Century-Tech (UK), Cognii (US), Elemental Path (US), Liulishuo (China), Nuance Communications (US), Osmo (US), Pearson (UK), Third Space Learning (UK), Quantum Adaptive Learning (US), ALEKS (US), and Blackboard (US).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
