AI in Education Market Top Key Players - IBM (US), Microsoft (US), Bridge-U (UK), DreamBox Learning (US), Fishtree (US), Jellynote (France), Jenzabar (US), Knewton (US), Metacog (US), and Querium Corporation (US)

According to a new report published by xResearch, titled, "AI in education Market Insights, Trends, Opportunity & Forecast, 2022-2030," the global AI in education market size is anticipated to witness exponential growth during the forecast period i.e. 2022-2030.

Factors such as the innovation in technology such as deep learning and natural language processing are predominantly fueling the growth of the global AI in the education market. The high demand for virtual learning environments in schools and universities is also fueling the growth of global AI in the education market.

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Based on the component outlook, the solutions segment held the largest share in the global AI in education market in 2021. The segment is anticipated to retain its dominance further in the market during the forecast period of 2022-2030. Based on the deployment, the cloud segment dominated the global AI in education market in 2021. The segment is estimated to maintain its position and stay at the top during the forecast period of 2022-2030.

Based on the technology, the machine learning segment dominated the global AI in education market in 2021. The segment is estimated to maintain its position and stay at the top during the forecast period of 2022-2030. Based on the end-use, the higher education segment dominated the global AI in education market in 2021.

The segment is estimated to maintain its position and stay at the top during the forecast period of 2022-2030. Based on the application, the learning platform and virtual facilitators segment dominated the global AI in education market in 2021. The segment is estimated to maintain its position and stay at the top during the forecast period of 2022-2030.

Geographically, the North American region led the global AI in education market in 2021, followed by Europe and the Asia Pacific. The region is anticipated to remain dominant throughout the forecast period of 2022-2030. Countries such as the U.S. and Canada are among the key contributors to the market in the region.

The Asia Pacific region is expected to achieve the highest growth in the adoption of AI in education technology market during the forecast period. Countries including India, China, and Japan are the key contributors to the growth of the market in this region.

Some of the major AI in education system providing companies profiled in the report include IBM (US), Microsoft (US), Bridge-U (UK), DreamBox Learning (US), Fishtree (US), Jellynote (France), Jenzabar (US), Knewton (US), Metacog (US), and Querium Corporation (US).

The global AI in education market is segmented based on component outlook, deployment outlook, technology outlook, application outlook, end-use, and region. Based on the component outlook, the market is bifurcated into solutions and services.

Based on deployment mode, it is classified into cloud or on-premises. Based on technology outlook, it is classified into natural language processing and machine learning. Based on the end-use outlook, it is classified into K-12 education, higher education, and corporate training and learning.

The global AI in education market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and the Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of the Middle East & Africa).

Key Insights of the Global AI in Education Market

● Based on component outlook, the solutions segment held the largest share in the global AI in education market in 2021. The segment is anticipated to retain its dominance further in the market during the forecast period of 2022-2030.

● Based on the deployment outlook, the cloud segment held the largest share in the global AI in education market in 2021. The segment is anticipated to retain its dominance further in the market during the forecast period of 2022-2030.

● Based on the technology outlook, the machine learning segment dominated the global AI in education market in 2021.

● Based on application, the learning platform and virtual facilitators segment held the largest share in the global AI in education market in 2021.

● Based on region, North America led the global AI in education market in 2021, followed by Europe and the Asia Pacific. The region is anticipated to remain dominant throughout the forecast period of 2022-2030.

● Based on region, the Asia Pacific region is expected to achieve the highest growth in the global AI in education market during the forecast period of 2022-2030.

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

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