AI in Education Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “AI in Education Market ”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the AI in Education Market , with forecasts outspreading to the year 2030.
AI in Education Market size was valued at US$ 2.90 Bn. in 2022 and the total revenue is expected to grow at 43.8% through 2023 to 2029, reaching nearly US$ 36.93 Bn.
AI in Education Market Scope and Methodology:
The study takes into account two crucial pieces of data: the descriptive and SWOT analyses. This report aims to provide extensive market statistics on the AI in Education Market topic. Both surveys and questionnaires can be used to collect data. After it has been collected, it is analysed using numerical, statistical, and mathematical methods. Data collection and compilation are necessary steps in order to track changes in the market using both qualitative and quantitative research approaches.
Following a thorough assessment of the buyer-direct scenario, the market is assessed in terms of future prospects, R&D initiatives, distinctive industrial practices, innovative development strategies, and market consolidation and acquisition. The study looks at the world's leading CEOs and includes portfolios, organizational charts, and strategies. The market is also thoroughly examined using SWOT and PESTLE analysis to ascertain the most effective way to assess market trends and microeconomic data.
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AI in Education Market Regional Insights
Numerous elements are taken into account while estimating the market's potential. Buyer-direct agreements, R&D projects, innovative business strategies, and market mergers and acquisitions are a few examples. It includes organizational charts, goals, portfolios, and a critical assessment of senior business executives. The market has made sure that it is recognizing both market trends and microeconomic drivers by doing a thorough SWOT and PESTLE analysis.
AI in Education Market Segmentation
by Deployment
On-Premise
Cloud
According to Deployment, Based on deployment, the AI in Education Market is divided into On-Premise and Cloud segments. Through 2029, the cloud segment of the AI in education market is anticipated to develop at a 50% CAGR. The rise is ascribed to increased usage of cloud services, which reduces ownership costs for educational establishments and enables them to fund the infrastructural upgrades required to deliver top-notch instruction. It also makes it possible for universities and colleges to add cutting-edge technology to their existing infrastructure without having to pay a hefty price.
by Component
Solutions
Services
The market for artificial intelligence in education is divided into two segments: services and solutions. Due to increased government funding and technological improvements, there has been a surge in demand for AI-enabled solutions and services in educational organisations. As a result, the Services component is expected to grow at a quicker CAGR throughout the projected period.
by Technology
Deep Learning & ML
NLP
Based on Technology: Deep Learning & ML and NLP are the two segments of the AI in Education Market. NLP technology is anticipated to increase more quickly than machine learning and deep learning technology over the estimated period. This quick rise can be attributed to rising demand for virtual assistance in colleges and K–12 schools, as well as more investments in cutting-edge technology by educational institutions. Additionally, the education industry is using more and more NLP technology to help read digitally recorded information and comprehend human languages from a variety of data sets.
by Application
Virtual Facilitators & Learning Environments
ITS
CDS
Fraud and Risk Management
Virtual Facilitators & Learning Environments, ITS, CDS, Fraud, and Risk Management are the segments of the AI in Education Market based on Application. Another name for digital education learning technology is the use of virtual learning environments and facilitators. VLEs include several aspects, including knowledge delivery, academic mapping and planning, student engagement and administration, and real-time communication and collaboration. In addition to being a multilingual translator, the AI-powered virtual facilitator also acts as an instructor's assistant and student mentor. These AI-enabled environments and facilitators satisfy people's learning needs for self-directed learning and at-home instruction.
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AI in Education Market Key Player:
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)
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Key questions answered in the AI in Education Market are:
- What is AI in Education Market ?
- What is the growth rate of the AI in Education Market ?
- What was the AI in Education Market size in 2023?
- What are the upcoming opportunities and trends for the AI in Education Market ?
- What are the different segments of the AI in Education Market ?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the AI in Education Market ?
- What segments are covered in the AI in Education Market ?
- Which are the factors expected to drive the AI in Education Market growth?
- What growth strategies are the players considering to increase their presence in AI in Education Market ?
- Who are the leading companies and what are their portfolios in AI in Education Market ?
- Who are the key players in the AI in Education Market ?
- What is the CAGR at which the AI in Education Market will grow during the forecast period?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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