Microsoft, IBM Profiled in Artificial Intelligence (AI) in Education Market 2024 Report - Nuance Communication, AWS, Google, Cognii, Pearson, Jenzabar, Volley.com, Content Technologies, Pixatel Systems, PleIQ, Knewton, Blippar, Blackboard
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.
Request a sample of this premium report at: www.marketstudyreport.com/request-a-sample/1173836/?utm_source=OPEN&utm_medium=DC
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.
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 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: 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.
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.
Table of Content:
Chapter 1. Methodology & Scope
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.6. Methodology and research parameters
1.2. Data Sources
Chapter 2. Executive Summary
2.1. AI in Education industry 360º synopsis, 2013 - 2024
2.1.1. Regional trends
2.1.2. Model trends
2.1.3. Deployment trends
2.1.4. Technology trends
2.1.5. Application trends
2.1.6. End-Use trends
Chapter 3. AI in Education Industry Insights
3.2. Industry segmentation
3.3. Industry landscape, 2013-2024
3.4. Industry ecosystem analysis
3.5. Industry evolution
3.6. Market news
3.7. Features & benefits of AI in education sector
3.8. Technology & innovation landscape
3.8.2. Video analytics
3.8.3. Augmented reality and virtual reality
3.8.4. Education neuroscience
3.9. Use cases
3.10. Market news
3.11. Regulatory landscape
3.11.1.Health Insurance Portability and Accountability Act (HIPAA)
3.11.2. Payment Card Industry Data Security Standard (PCI DSS)
3.11.3. North American Electric Reliability Corp. (NERC) Standards
3.11.4. Federal Information Security Management Act (FISMA)
3.11.5. The Gramma-Leach-Bliley Act (GLB) Act of 1999
3.11.6. Sarbanes-Oxley Act of 2002
3.11.7. The Education Act 2011
3.11.8. Right to Education
3.11.9. Individuals with Disabilities Education Act
3.11.10. No Child Left Behind Act
For More Report At: http://www.openpr.com/news/archive/144590/marketstudyreport-com.html
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.
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
US Toll Free: 1-866-764-2150
This release was published on openPR.
Permanent link to this press release:
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 Microsoft, IBM Profiled in Artificial Intelligence (AI) in Education Market 2024 Report - Nuance Communication, AWS, Google, Cognii, Pearson, Jenzabar, Volley.com, Content Technologies, Pixatel Systems, PleIQ, Knewton, Blippar, Blackboard here
News-ID: 1514655 • Views: 1006
More Releases from Market Study Report
What's driving the Endpoint Security Market Size growth? Key Players are: Cisco, …
Market Study Report Provides A Detailed Overview Of Endpoint Security Market With Respect To The Pivotal Drivers Influencing The Revenue Graph Of This Business Sphere. The Current Trends Of Endpoint Security Market In Conjunction With The Geographical Landscape, Demand Spectrum, Remuneration Scale, And Growth Graph Of This Vertical Have Also Been Included In This Report. Endpoint security market is projected to surpass USD 7.5 billion by 2024. A Network endpoint is
Food Service Restaurant Market Will Hit Big Revenues in Future with Top Key Play …
Market Study Report has announced the addition of the “Global Food Service Restaurant Market Size Status and Forecast 2025”, Food Service Restaurant is used to improve the event planning process by incorporate many tools. The scope of the Report: The global Food Service Restaurant market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2025, growing at a CAGR of xx%
How MOOC (Massive Open Online Course) Market Will Dominate in Coming Years: Cour …
Market Study Report has announced the addition of the “Global MOOC (Massive Open Online Course) Market Size Status and Forecast 2025”, MOOC (Massive Open Online Course) is used to improve the event planning process by incorporate many tools. The scope of the Report: The global MOOC (Massive Open Online Course) market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2025,
Agriculture Drones Market: Industry Growth, Competitive Analysis, Future Prospec …
Market Study Report has announced the addition of the “Global Agriculture Drones Market Size Status and Forecast 2024”, Agriculture Drones is used to improve the event planning process by incorporate many tools. The scope of the Report: The global Agriculture Drones market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and
More Releases for Education
AR in Education Market -
Augmented reality or virtual reality is facilitating the growth of computing power. This technology can integrate new and trending algorithms of Big Data, Artificial intelligence, and wearable devices, among others. Conglomeration of augmented reality with virtual reality is expected to drive the growth of next generation computing and work as an instinctive edge for Internet of Things (IoT). The adoption of AR in education is likely to gain momentum due
Global Private Tutoring Market 2017 Ambow Education, New Oriental, TAL Education …
The Private Tutoring Market 2017 inspects the execution of the Private Tutoring advertise, encasing a top to bottom judgment of the Private Tutoring showcase state and the aggressive scene comprehensively. This report breaks down the capability of Private Tutoring market in the present and in addition the future prospects from different points in detail. The Global Private Tutoring Market 2017 report incorporates Private Tutoring industry volume, piece of the overall
Design Education encapsulates and analyses the research findings facilitated by the UK based Centre for Excellence in Teaching and Learning through Design. By examining over 40 projects, ranging in focus from design students' use of archives and museum collections to the potential of specific technologies to enhance teaching and learning, Design Education explores aspects of learning and teaching in higher education design subjects, from architecture and 3D design through to
World Education - Arts, Sciences and Education Culture
About the WE-ASC Congress The World Education Culture Congress, WE-ASC 2011 adopts a two-pronged approach: 1. To influence the evolving culture of education and educational pedagogy, with the objective of deep systemic change. 2. To examine representation and application of cultural/traditional knowledge and their dissemination in education systems with a view to developing practical solutions and formats for training, application, sustainable development and human empowerment. The current system of education, adopted under colonial rule
Cengage Education (Australia)
Cengage Education is a leading Australian distance education provider. Its courses are designed to improve student learning outcomes and engagement. Instructors are also provided with the right teaching tools to maximise student potential. In the educational industry today, a different set of dynamics is placing a gap between administrators, students and instructors. Even as budgets are cut, administrators are expecting instructors to improve learning outcomes. Students are increasingly holding instructors
Education And Knowledge Simplified.
When an entrepreneur and a tech-geek come together, it results in ideas never explored before. Deepanker Agarwal, an entrepreneur cum management student form IMT (Ghaziabad) and Gorav Singal, a computer wizard from Amity University (Noida), started sharing their learning of management and computers online. Soon there were feed backs and many people started to share various projects and presentations on the same platform. There were more than 12,000 uploads across