Stratview Research
The global artificial intelligence in education market is projected to witness a growth rate of 35.1% annually from 2023 to 2029, with an anticipated size of US$ 20.88 billion by 2029, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global artificial intelligence in education market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
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Report Highlights:
Market Size in 2029: US$ 20.88 billion
Growth (CAGR): 35.1% during 2023-2029
Forecast Period: 2023-2029
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Segment Insights on the Artificial Intelligence in Education Market:
The global Artificial Intelligence in Education market is segmented based on Technology type, Application type, Component type, End User type and Region.
Based on technology type – The market is segmented into Deep Learning and Machine Learning, Natural Language Processing. Natural language processing technology grows at a higher CAGR over the forecast period. This growth is driven by the increasing demand for virtual support in K-12 schools and universities, as well as the rising investments in advanced technology by educational institutes. Moreover, the use of NLP technology in the education industry is increasing as it can help read information stored in digital formats and understand human languages from various data sets.
Based on application type – The market is segmented into Virtual Facilitators and Learning Environments, Intelligent Tutoring Systems, Content Delivery Systems, Fraud, and Risk Management, Student-initiated Learning. The virtual facilitators and learning environments application is expected to have the largest market size by 2023. Digital education learning technology, also known as virtual facilitators and learning environments (VLEs), encompasses various functions such as knowledge delivery, academic mapping, student engagement, administration, and real-time communication and collaboration.
To know the most attractive segments, visit:
https://www.stratviewresearch.com/3273/artificial-intelligence-in-education-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
In terms of regions, North America is expected to be dominant in the market accounting for over 35% of the revenue share. This is due to several factors, including the presence of leading companies that develop AI solutions and services, robust technology infrastructure facilities, and many end-users utilizing educational devices for AI in education.
Artificial Intelligence in Education Market Drivers:
Some of the key drivers listed in the report are given below.
• Enhanced Personalized Learning: AI enables tailored educational experiences based on individual learning styles and performance.
• Increased Adoption of E-Learning: Growing demand for remote learning solutions drives AI integration in educational platforms.
• Rising Need for Data-Driven Insights: AI analytics help educators improve teaching strategies through real-time student performance data.
• Advancements in Natural Language Processing: Improved language models facilitate intelligent tutoring and interactive educational content.
Top Companies in the Artificial Intelligence in Education Market:
Stratview Research has identified the following companies as the top market players.
• ALEKS (US)
• AWS (US)
• Blackboard (US)
• Bridge-U (UK)
• Carnegie Learning (US)
• Century-Tech (UK)
• Cognii (US)
• Cognizant (US)
• DreamBox Learning (US)
• Elemental Path (US)
• Fishtree (US)
• Google (US)
• IBM (US)
• Jellynote (France)
• Jenzabar (US)
• Knewton (US)
• Liulishuo (China)
• Metacog (US)
• Microsoft (US)
• Nuance Communications (US)
• Osmo (US)
• Pearson (UK)
• Quantum Adaptive Learning (US)
• Querium Corporation (US)
• Third Space Learning (UK)
Note: The above list does not necessarily include all the top players in the market.
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Artificial Intelligence in Education Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
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It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.
