AI in Education Market Growth:

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 Drivers:

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.

Furthermore, chatbots provide students with appropriate knowledge, which leads to successful course completion and time savings. Students can use text or speech to communicate with the chatbot on course structure, schedules, and campus amenities. It also connects students with personal tutors for help with other educational issues

, features, and customized systems, are making it easier for integrators to satisfy the demand from end customers looking to modernize aging surveillance systems to suit their security and operational requirements.

AI in Education Market Report Overview:

Maximize Market Research has issued papers to help clients understand the landscape of the AI in Education Market in which they compete. The research provides market insights to help clients understand future demand for their product and the Artichokes’s competitiveness. The Artichokes market overview provides detailed information on the market’s size, trade data, key players, and several market metrics such as life cycle, trends, and so on.

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AI in Education Market Regional Insights:

The report is segmented into several key countries, with market size, growth rate, import and export of EV Connectors market in these countries, which covering 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, and Middle East and Africa.

AI in Education Market Segmentations:

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.

Table of Content: AI in Education Market :

Part 01: Executive Summary

Part 02: Scope of the AI in Education Market Report

Part 03: AI in Education Market Landscape

Part 04: AI in Education Market Sizing

Part 05: AI in Education Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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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)

Key Questions Addressed in This Report:

How has the AI in Education Market market performed so far and how will it perform in the coming years?
What is the market segmentation of the global AI in Education Market market?
What is the regional breakup of the global AI in Education Market market?
What are the price trends of various feedstocks in the AI in Education Market industry?
What is the structure of the AI in Education Market industry and who are the key players?
What are the various unit operations involved in a AI in Education Market processing plant?
What is the total size of land required for setting up a AI in Education Market processing plant?
What is the layout of a AI in Education Market processing plant?
What are the machinery requirements for setting up a AI in Education Market processing plant?
What are the raw material requirements for setting up a AI in Education Market processing plant?

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Key Insights Covered the AI in Education Market Report:

Market Coverage:

Market Trends
Market Breakup by Segment
Market Breakup by Region
Price Analysis
Impact of COVID-19
Market Forecast

Key Aspects Required for Setting Up a AI in Education Market Plant:

Detailed Process Flow:

Product Overview
Unit Operations Involved
Mass Balance and Raw Material Requirements
Quality Assurance Criteria
Technical Tests

Project Details, Requirements and Costs Involved:

Land, Location and Site Development
Plant Layout
Machinery Requirements and Costs
Raw Material Requirements and Costs
Packaging Requirements and Costs
Transportation Requirements and Costs
Utility Requirements and Costs
Human Resource Requirements and Costs

Project Economics:

Capital Investments
Operating Costs
Expenditure Projections
Revenue Projections
Taxation and Depreciation
Profit Projections
Financial Analysis

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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