openPR Logo
Press release

Artificial Intelligence (AI) in Education Market Growth Analysis 2024 By Top Key Players – Microsoft, AWS, IBM, Google, Cognii, Pearson, Jenzabar, Volley.com, Content Technologies, Pixatel Systems, PleIQ, Knewton & More

11-29-2018 07:39 AM CET | IT, New Media & Software

Press release from: marketstudyreport.com

/ PR Agency: marketstudyreport
Artificial Intelligence (AI) in Education Market Growth

MarketStudyReport.com Adds New Artificial Intelligence (AI) in Education Market 2018 – 2024 research report providing information and data By Technology, Industry Analysis, Regional Outlook, Growth Potential, Trends, Competitive Market Share & Forecast spreading across 270 Pages with table and figures in it.

North America accounted for over 60% share in the AI in Education market. The growth of the market is driven by the increasing investments in EdTech and AI technology. The highly developed education infrastructures and early adoption of the technology in the education sector enhance the market growth. The growing dependence on mobile devices, such as smartphones, tablets, and laptops, to access teaching programs and study materials have given an upsurge to software developers for designing software compatible with these mobile devices, driving the market growth.

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1173836/

AI in Education Market is projected to surpass USD 6 billion by 2024 due to the growing demand for Intelligent Tutoring System (ITS) by educational institutions. The educational institutes are adopting advanced ITS to offer personalized learning experience and enhance tutoring methods. The integration of intelligent algorithms and AI in the learning platform also promotes the growth of the market. The technology has transformed the classrooms and changed the role of educators in the learning process by providing more user-friendly and sophisticated tools for both educators and students.

The increasing partnership between the education content developers, publishers, education institutes, and EdTech Companies to develop digital content and provide e-learning services to their students foster the demand. Furthermore, increasing investments in the EdTech and AI technology also supports the growth of AI in Education market. However, the limitation of the ITS system, data safety & security issues, and lack of skilled professionals are the major forces hindering the market growth.

The Natural Language Processing (NLP) technology held more than 65% share of the revenue in 2017. The technology is widely used in the planning and designing of digital curriculum. It also assists in the process of the content development and e-learning. Furthermore, the technology is also widely adopted in the virtual assistance system to analyze the voice and text of the users. The deep learning technology is anticipated to grow with the CAGR of over 50% during the forecast timespan. The integration of the intelligent algorithms in the EdTech solution is the primary factor driving the demand for deep learning technology.

The virtual facilitators and e-learning platform market is leading the application landscape with about 55% share in the AI in Education market. The growth of the market is credited to the increasing adoption of the online learning platform. The education institutes are focusing more on developing digital content and delivering knowledge through web-based solutions to provide more personalized learning for students. Furthermore, the integration of the virtual facilitators and chatbots in the e-learning platforms to assist students in the learning process also drives the market growth.

The higher education sector is dominating the market with over 50% share in 2017. These institutes are leveraging the capabilities of the AI for content development, curriculum designing, online learning platforms, and administrative operations. Furthermore, the increasing adoption of the web-based services and smartphones has encouraged the educational institutes to move toward online learning solutions to increase the student base and provide high-quality education.

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1173836/

Asia Pacific AI in Education is estimated to grow substantially with the CAGR of more than 51% during the forecast timeline. The supportive government policies and digitalization activities in the region are driving the market growth. China leads the investments in technology and accounts for 17% of the global external investments in AI. Increasing investment by Chinese players is also one of the major factors driving the growth in the region.
Some of the major vendors that are serving the AI in Education market are Nuance Communication, Microsoft, AWS, IBM, Google, Cognii, Pearson, Jenzabar, Volley.com, Content Technologies, Pixatel Systems, PleIQ, Knewton, Blippar, Blackboard, Century Tech, Quantum Adaptive Learning, and Liulishuo.

Table of Content:

Chapter 1. Methodology & Scope

Chapter 2. Executive Summary

Chapter 3. AI in Education Industry Insights

Chapter 4. Competitive Landscape

Chapter 5. AI in Education Market, By Model

Chapter 6. AI in Education Market, By Deployment

Chapter 7. AI in Education Market, By Technology

Chapter 8. AI in Education Market, By Application

Chapter 9. AI in Education Market, By End-Use

Chapter 10. AI in Education Market, By Region

Chapter 11. Company Profiles

For More Details about this report: https://www.marketstudyreport.com/reports/artificial-intelligence-ai-in-education-market/?utm_source=OPN-AN

About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Artificial Intelligence (AI) in Education Market Growth Analysis 2024 By Top Key Players – Microsoft, AWS, IBM, Google, Cognii, Pearson, Jenzabar, Volley.com, Content Technologies, Pixatel Systems, PleIQ, Knewton & More here

News-ID: 1406762 • Views:

More Releases from marketstudyreport.com

Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Power Technologies (Schneider Electric), Simplex, Shenzhen Sikes, Pite Tech
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders. Load Bank Market Size was estimated
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - John Deere, CNH Industrial, Kubota, AGCO, Claas, Yanmar, Mahindra, LOVOL
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc., Volkswagen AG, SAIC Motors, BYD Auto Co. Ltd., BMW Group, Nissan Motor Co. Ltd., Hyundai Group
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028. The operation is done to stop ligament tears and
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - Garrett Motion, Hanon Systems, UQM Technologies, FISCHER Fuel Cell Compressor
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting

All 5 Releases


More Releases for Education

Education & Training Market is Booming Worldwide | Creative Education, Apollo Ed …
Latest published market study on Global Education & Training Market provides an overview of the current market dynamics in the Education & Training space, as well as what our survey respondents—all outsourcing decision-makers—predict the market will look like in 2027. The study breaks market by revenue and volume (wherever applicable) and price history to estimates size and trend analysis and identifying gaps and opportunities. Some of the players that are
Online Higher Education Market Next Big Thing | Major Giants American Public Edu …
A New business Strategy report released by HTF MI with title Global Online Higher Education Market Study Forecast till 2026 . This Global Online Higher Education market report brings data for the estimated year 2020 and forecasted till 2026 in terms of both, value (US$ MN) and volume (MT). The report also consists of forecast factors, macroeconomic factors, and a market outlook of the Online Higher Education market. The study
Global Online Higher Education Market Attractiveness, Competitive Landscape and …
Online Higher Education Market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the Online Higher Education Market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of the products/services from the past three
Bilingual School Education Market to Perceive Biggest Trend and Opportunity with …
Bilingual education involves teaching academic content in two languages, in a native and secondary language with varying amounts of each language used in accordance with the program model. Bilingual education refers to the utilization of two languages as means of instruction for students and considered part of or the entire school curriculum. Some of the prominent models are: Early-exit / Late-exit transitional bilingual education Developmental or maintenance bilingual education Bilingual immersion Integrated (i.e., non-segregated)
Global Private Tutoring Market 2019-2025: Ambow Education, New Oriental, TAL Edu …
The Research Report, Global Private Tutoring Market Size, Status and Forecast 2018-2025, recently published by QY Market Insights carries details related to fundamental Private Tutoring overview to arrange a progressive and comprehensive international strategies of market statistics. The study insights of this report include the intensive analysis of global market with categorization by product type, end-use applications, market top contributors, and leading niches. The analysis projects the market features which
Online Higher Education Market 2018-2022 Analysis by Major Companies: American P …
The report on Global Online Higher Education Market, documents a detailed study of different aspects of the Global Online Higher Education Market. It shows the steady growth in market in spite of the fluctuations and changing market trends. In the past four years the Global Online Higher Education Market has grown to a booming value of $xxx million and is expected to grow more. Every market intelligence report is based on