AI in Education Market Forecasts, Trend Analysis & Opportunity...

AI in Education Market Forecasts, Trend Analysis & Opportunity Assessments

Postado 2024-07-23 11:33:05

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AI in Education Growth or Demand Increase or Decrease for what contains ?

The market for AI in education is expanding significantly due to rising demand for flexible learning environments, individualized instruction, and administrative effectiveness. AI-powered solutions improve learning results and operational efficiency by increasing student engagement, offering personalized learning content, and streamlining administrative duties. The COVID-19 epidemic has expedited the rise in online and remote learning, which has further spurred the implementation of AI technologies in educational settings. As a result, demand is rising sharply as edtech businesses and educational institutions engage in artificial intelligence (AI) to improve teaching and learning procedures.

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AI in Education CAGR Estimation:

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 Segmentation:

by Deployment

On-Premise
Cloud

Based on Deployment, The AI in Education Market is segmented into On-Premise and Cloud on the basis of deployment. The cloud segment of the AI in education market is expected to grow at a 50 percent CAGR through 2029. The increase is attributed to greater use of cloud services, which lowers the cost of ownership for educational institutions and allows them to invest in the infrastructure improvements needed to provide high-quality education. Furthermore, it enables schools and colleges to modernize their current infrastructure with advanced technology without incurring significant financial costs.

by Component

Solutions
Services

Based on Component, The AI in Education Market is segmented into Solutions and Services on the basis of component. The Services component is estimated to grow at a faster CAGR during the forecast period, as demand for AI-enabled solutions and services in educational organizations has surged as a result of greater government funding and technical advancements.

by Technology

Deep Learning & ML
NLP

by Application

Virtual Facilitators & Learning Environments
ITS
CDS
Fraud and Risk Management

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AI in Education Market Overview:

The Maximize Market Research report assists clients in gaining a comprehensive understanding of the competitive landscape, serving as a valuable resource for strategic planning purposes. The comprehensive AI in Education market overview furnishes extensive information regarding market size, trade statistics, prominent participants, and a range of market indicators, encompassing aspects such as life cycle, prevailing trends, and more.

AI in Education Growth or Demand in which regions??

The AI in Education market is experiencing significant growth across several regions, notably North America, Europe, and Asia-Pacific. North America leads the market due to advanced technological infrastructure, substantial investments in AI, and widespread adoption of digital learning tools. Europe follows closely, driven by government initiatives and educational reforms incorporating AI. Asia-Pacific is emerging as a rapidly growing market, propelled by increasing investments in education technology, rising internet penetration, and a large student population seeking personalized learning experiences. These regions are witnessing a surge in demand for AI-powered educational solutions that enhance learning outcomes and streamline administrative processes.

AI in Education Market Scope & Methodology:

The competitive landscape of the AI in Education market encompasses aspects like technology adoption, financial strength, portfolio, mergers and acquisitions, joint ventures, and strategic alliances. A comprehensive report delves into the drivers, limitations, opportunities, and challenges inherent in the AI in Education market. The report employed a bottom-up approach to ascertain AI in Education market estimations and growth rates.

To gain insights into AI in Education market penetration, pricing dynamics, demand analysis, and competitive panorama, the report executed regional analysis at local, regional, and global levels. Essential details about the AI in Education market, including stakeholders, investors, and new entrants, are presented to facilitate the development of marketing strategies and investment plans.

Both primary and secondary data gathering techniques were employed for the AI in Education Market. Primary approaches involved surveys, questionnaires, and interviews with industry leaders and business proprietors, while secondary data encompassed sources like press releases, annual and financial reports, white papers, etc. SWOT analysis was leveraged to pinpoint market vulnerabilities and weaknesses, while the PORTER framework was applied to gauge industry competitiveness within the AI in Education Market.

AI in Education Market 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 are:

What is AI in Education ?
What is the growth rate of the AI in Education Market?
Which are the factors expected to drive the AI in Education market growth?
What are the different segments of the AI in Education Market?
What are the factors restraining the growth of the AI in Education Market?
What is the demand pattern of the AI in Education Market?
What major challenges could the AI in Education Market face in the future?

Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment |
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

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