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 Report Overview
According to the research, the AI in Education Market is expected to grow at a rapid pace during the forecast period. The report provides a comprehensive analysis of the AI in Education industry, shedding light on its structure.
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AI in Education Market Report Scope and Research Methodology
The AI in Education market report was developed using primary and secondary research methods. The primary research involved surveys and interviews with industry experts, while the secondary research involved collecting data from industry publications, government reports, and other sources.
The report provides a region-wise, segment-wise, and sub-segment-wise analysis of the AI in Education market dynamics, market size, market share, and key players. It also includes a list of AI in Education key competitors in the industry, along with their revenue, financial status, product portfolio, investments, mergers, acquisitions, and joint ventures. SWOT analysis was used to identify the strengths and weaknesses of the key players, as well as the opportunities and threats facing the AI in Education industry. The bottom-up approach was used to estimate the AI in Education market size.
AI in Education Market Dynamics
The increased emphasis on conversational learning is a prominent trend in the AI in education market. Conversational learning has become a critical part of education around the world as the focus on digitization and e-learning has increased. Conversational learning is a concept in which information is provided in the form of a two-way dialogue. Conversational learning solutions make the learning process more engaging, interactive, and personalised for students. In this way, chatbots play a critical part in the learning process since they are programmed to meet the needs of the learner.
To improve the learning experience, businesses are focusing on the development of AI-based learning platforms. For example, GoLearn Education Ltd. introduced GoLearn, an AI-based English Language Teaching & Learning (ELTL) platform, in September 2022. The company was able to offer an AI-based interactive learning platform for English teachers and students as a result of this product launch.
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The report includes a detailed analysis of several key countries that are:
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC)
- South America (Brazil)
- The Middle East and Africa
AI in Education Market Segmentation
by Deployment
On-Premise
Cloud
by Component
Solutions
Services
by Technology
Deep Learning & ML
NLP
by Application
Virtual Facilitators & Learning Environments
ITS
CDS
Fraud and Risk Management
AI in Education Key Players
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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Key Questions answered in the AI in Education Market Report are:
- What was the AI in Education Market size in 2022?
- What is the expected AI in Education market size by 2029?
- What will be the CAGR of the AI in Education market during the forecast period?
- Which region held the largest market share in the AI in Education Market?
- Which company held the largest share in the AI in Education market?
- What key trends are likely to emerge in the AI in Education market in the coming years?
- Who are the AI in Education key players in the AI in Education industry?
Key offerings:
- Market Overview
- Market Share
- Market Size
- Forecast |2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape - Leading key players and other prominent key players.
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