The latest report published by DataM Intelligence highlights the growth prospects of AI in Education market. The industry expansion is majorly driven by developments in technology across the globe.
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The Global AI in Education Market is at a CAGR of 46.12 % during the forecast period (2024-2031).
The AI in Education Market involves the use of artificial intelligence to personalize learning, automate tasks, and enhance educational outcomes. AI tools support adaptive learning, virtual tutoring, and administrative efficiency. Market growth is driven by digital transformation in schools and universities. Rising demand for remote learning solutions has accelerated adoption. Ethical AI and data privacy are important considerations.
Competitive Evaluation:
Companies covered in this report are Business Machines Corporation (IBM), Microsoft, Bridge-U, DreamBox Learning, Fishtree, Jellynote, Century-TechLiulishuo, Third Space Learning, Jenzabar.
The AI in Education Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.
Key Development
On May 5, 2020, International Business Machines Corporation (IBM) introduced Open P-TECH, a free digital learning platform designed to support workplace readiness and digital skill development. Building on the foundation of the P-TECH program, the platform provides learners and educators aged 14 to 20 with essential knowledge in emerging technologies such as artificial intelligence (AI), cloud computing, and cybersecurity.
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AI in Education Market Segments
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.
By Technology: Deep Learning and Machine Learning, Natural Language Processing (NLP)
By Component: Solutions, Services
By Deployment Mode: Cloud On-premises
By End-User: Educational Institutes, Educational Publishers, OthersRegional Assessment:
Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for AI in Education market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
In terms of geographical analysis, AI in Education Market report provides an in-depth view of:-
∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies
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This report provides a 360-degree synopsis of the competitive scenario of the AI in Education industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter’s five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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This release was published on openPR.