AI in Education Market Scope:
The AI in Education market report presents insights into each of the leading AI in Education Market end users along with annual forecasts to 2027. The report provides a revenue forecast with sales and growth rate of the global AI in Education Market. Forecasts are also provided for the market’s product, application, and geographic segments. Forecasts are produced to help people understand the industry’s future outlook and potential.
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AI in Education Market Overview:
This AI in Education industry research provided a comprehensive analysis of the worldwide AI in Education Market, taking into account all critical variables such as growth factors, limitations, market advancements, top investment pockets, future prospects, and trends. The research begins by emphasizing the important trends and possibilities that may develop in the near future and have a favorable influence on overall industry growth.
AI in Education Market Dynamics:
One significant development in the market for AI in education is the rising emphasis on conversational learning. As the emphasis on digitalization and e-learning has grown, conversational learning has emerged as a crucial component of education all over the world. Information is conveyed through a two-way conversation in the notion of conversational learning. Students' learning experiences become more dynamic, customised, and engaging thanks to conversational learning technologies. As they are designed to accommodate the demands of the student, chatbots thus play a crucial role in the educational process.
AI in Education Market Segmentation:
by Deployment
On-Premise
Cloud
According to deployment, On the basis of deployment, the market for AI in education is divided into On-Premise and Cloud segments. Through 2029, the market for AI in education is projected to develop at a CAGR of 50% for the cloud sector. The rise in usage of cloud services, which reduces the cost of ownership for educational institutions and enables them to invest in the infrastructure upgrades required to deliver high-quality education, is credited to the growth. Additionally, it makes it possible for universities and institutions to incorporate cutting-edge technology into their existing infrastructure without having to spend a lot of money on it.
by Component
Solutions
Services
The market for artificial intelligence in education is divided into solutions and services based on component. The demand for AI-enabled solutions and services in educational organisations has increased as a result of increased government funding and technological improvements, and the Services component is predicted to rise at a quicker CAGR throughout the projected period.
by Technology
Deep Learning & ML
NLP
The AI in Education Market is divided into two categories based on technology: Deep Learning & ML and NLP. NLP technology is anticipated to advance more quickly than machine learning and deep learning during the anticipated time frame. This quick expansion might be attributed to rising K–12 student and college demand for virtual assistance as well as rising educational institution investments in cutting-edge technology. Additionally, the usage of NLP technology in the education sector is expanding to assist in decoding digitally recorded data and comprehending human languages from various data sets.
by Application
Virtual Facilitators & Learning Environments
ITS
CDS
Fraud and Risk Management
The AI in Education Market is divided based on application into Virtual Facilitators & Learning Environments, ITS, CDS, Fraud and Risk Management. Digital education learning technology is another name for the use of virtual facilitators and learning settings. The elements of VLEs include information distribution, academic planning and mapping, student interaction, administration, and real-time communication. The AI-powered virtual facilitator also functions as a multilingual translator, student mentor, and assistant to the lecturer. These AI-enabled facilitators and environments cater to people's learning needs for autonomous educational programmes and home-based education. Virtual environments also enable students to apply a variety of academic disciplines and social development ideas to difficult real-world social problems. The use of virtual facilitators and learning environments combines artificial.
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AI in Education Key Players:
The research includes the most recent news and industry developments in terms of AI in Education Market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions, and so on. Among the main companies in the AI in Education Market sector are
1.IBM (US)
2. Microsoft (US)
3. Bridge-U (UK)
4. DreamBox Learning (US)
5. Fishtree (US)
6. Jellynote (France)
7. Jenzabar (US)
8. Knewton (US)
9. Metacog (US)
10. Querium Corporation (US)
11. Google (US)
12. AWS (US)
13. Cognizant (US)
14. Carnegie Learning (US)
15. Century-Tech (UK)
16. Cognii (US)
17. Elemental Path (US)
18. Liulishuo (China)
19. Nuance Communications (US)
20. Osmo (US)
21. Pearson (UK)
22. Third Space Learning (UK)
23. Quantum Adaptive Learning (US)
24. ALEKS (US)
25. Blackboard (US)
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Regional Analysis:
The primary goal of this study is to assist the user in understanding the market in terms of definition, segmentation, market potential, significant trends, and the problems that the industry is experiencing across ten key regions.
COVID-19 Impact Analysis on AI in Education Market:
The research details the overall impact of COVID-19 on the AI in Education Market by providing a micro- and macroeconomic analysis. The precise study focuses on market share and size, which clearly depicts the impact that the pandemic has had and is anticipated to have on the global Health Insurance Market in the future years.
Key Questions aAnsweredin the AI in Education Market Report are:
- What is the function of AI in Education?
- What is the predicted revenue generation of the AI in Education market?
- At what growth rate is the AI in Education market evolving?
- Who are the major market giants operating in the AI in Education market?
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