Press release
AI in Education Market, a revolution in education system to grow at a growth rate of 43.8 percent reaching USD 36.93 Bn through 2022-2029
Pune, 24, Feb 2023: Maximize Market research expects, the "AI in Education Market" to grow from USD 2.02 Bn in 2021 to USD 36.93 Bn in 2029 at a CAGR of 43.8 percent. Asia Pacific region is expected to grow at a significant rate on account of growth in the Information Technology & Telecommunication Industry during the forecast period 2022-2029.AI in Education Market Scope and Research Methodology
The report on AI in Education Market provides a thorough analysis of the industry that is equipped with key findings including major market drivers, opportunities, challenges and growth rate. The report provides the size of the AI in Education Market and the CAGR for the forecast period (2022 to 2029) which was estimated using a bottom-up approach.
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The report provides a competitive landscape, segmentation, demographic condition, expansion, revenue growth, production, and consumption of the AI in Education Market. AI in Education Market's size growth analysis provides the latest industry trends and forecasts details of factors affecting the scope of AI in Education worldwide. The report provides marketing strategies, recent developments, revenue, and the entire AI in Education industry analysis. The analysis has been conducted on the leading global AI in Education Market players to provide an overview of the competition. SWOT and PESTLE analysis was conducted to understand the various factors influencing the growth of the AI in Education Market.
Conversational learning is expected to drive the AI in Education Market growth
Digitization and e-learning has witnessed massive growth in the education sector. Concepts are cleared with two-way communication, which has increased the grasping power of the students. Smart content provided through AI platform makes the learning process interactive and personalized for students. Chat box provide required assistance to students that increases productivity and saves students some time. Development in IT sector and collaboration of vendors and institutions are expected to drive the AI in Education Market growth over the forecast period.
Lack of funds of the IT infrastructure in developing nations, IoT sensors for gathering instances and producing accurate results are restraining factors for the AI in Education Market growth.
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North American region is expected to hold the largest market share over the forecast period
Well-developed educational infrastructure focused on reducing administrative burden on teacher, demand for personalized learning in classrooms, and intelligent educational solutions to improve students' involvement are factors contributing to the growth of the regional AI in Education Market growth. Presence of Microsoft, google and IBM companies in the region motivate the AI in education market. Increased use of mobile in education, prompted software developer to create new software related to AI. Asia Pacific regional market is expected to grow at a fastest growth rate over the forecast period.
AI in Education Market Segmentation
Based on technology, NLP segment is expected to held largest market share over the forecast period
Demand for virtual support in K-12 school and colleges, and investment in advanced technology is expected to drive the AI in Education Market growth. Maximize Market Research provides an analysis of the key trends in each sub-segment of the AI in Education market report, along with forecasts at the global and regional levels from 2022-2029. The report has categorized the market based on Deployment, Component, Technology, and Application.
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By Deployment:
On-Premise
Cloud
By Component:
Solutions
Services
By Technology:
Deep Learning & ML
NLP
By Application:
Virtual Facilitators & Learning Environments
ITS
CDS
Fraud and Risk Management
AI in Education Market Key Players Include:
IBM (US)
Microsoft (US)
Bridge-U (UK)
DreamBox Learning (US)
Fishtree (US)
Jellynote (France)
Jenzabar (US)
Knewton (US)
Metacog (US)
Querium Corporation (US)
Google (US)
AWS (US)
Cognizant (US)
Carnegie Learning (US)
Century-Tech (UK)
Cognii (US)
Elemental Path (US)
Liulishuo (China)
Nuance Communications (US)
Osmo (US)
Pearson (UK)
Third Space Learning (UK)
Quantum Adaptive Learning (US)
ALEKS (US)
Blackboard (US)
Table of content for the AI in Education Market includes:
Global AI in Education Market: Research Methodology
Global AI in Education Market: Executive Summary
Market Overview and Definitions
Introduction to Global Residential Roofing Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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Global AI in Education Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global AI in Education Market Segmentation
Global Market, by Deployment (2021-2029)
Global Market, by Component (2021-2029)
Global Market, by Technology (2021-2029)
Global Market, by Application (2021-2029)
Regional AI in Education Market(2021-2029)
Regional Market, by Deployment (2021-2029)
Regional Market, by Component (2021-2029)
Regional Market, by Technology (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Deployment, Component, Technology, and Application
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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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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