Press release
AI in Education Market to Surge to $36.93 Billion by 2029, Growing at 43.8% CAGR
๐๐ ๐ข๐ง ๐๐๐ฎ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ :The AI in Education market is experiencing significant growth, driven by the increasing adoption of artificial intelligence technologies to enhance educational outcomes and streamline administrative processes. This market includes a range of applications such as personalized learning platforms, intelligent tutoring systems, and automated grading tools. The rise in demand for AI-driven educational solutions is fueled by the need for more adaptive and efficient learning environments, as well as the growing emphasis on technology integration in classrooms. Advances in AI and machine learning are enabling more customized and interactive learning experiences, improving student engagement and performance. The expansion of online and remote learning, accelerated by global events, is also contributing to the market's growth, as educational institutions and learners seek innovative tools to support their educational goals.
๐๐ ๐ข๐ง ๐๐๐ฎ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The size of the AI in education market was estimated at US$ 2.90 billion in 2022, and it is anticipated that total revenue will increase at a rate of 43.8% from 2023 to 2029, or over US$ 36.93 billion.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/63174/
๐๐ ๐ข๐ง ๐๐๐ฎ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐๐ง๐ญ
On-Premise
Cloud
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.
๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ
Solutions
Services
Based on component, the AI in education market is divided into two segments: solutions and services. Due to increased government funding and technological improvements, there has been a surge in demand for AI-enabled solutions and services in educational organizations. As a result, the Services component is expected to grow at a quicker CAGR throughout the projected period.
๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
Deep Learning & ML
NLP
Based on technology, the Deep Learning & ML and NLP segments of the AI in Education market are separated out. 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.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Virtual Facilitators & Learning Environments
ITS
CDS
Fraud and Risk Management
Based on application, the AI in Education Market is divided into Virtual Facilitators & Learning Environments, ITS, CDS, Fraud, and Risk Management. 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. These AI-enabled environments and facilitators satisfy people's learning needs for self-directed learning and at-home instruction. Furthermore, by fusing several academic fields with social development theories, virtual environments enable students to tackle challenging real-time social issues. Artificial intelligence (AI), gaming, and simulation are all combined in virtual facilitators and learning environments.
๐๐ ๐ข๐ง ๐๐๐ฎ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The AI in Education market is experiencing rapid growth, with its size expanding from USD 2.90 billion in 2022 to an anticipated USD 36.93 billion by 2029. This surge represents a compound annual growth rate (CAGR) of 43.8% during the forecast period. The market's expansion is driven by the increasing integration of artificial intelligence technologies into educational settings, aimed at enhancing personalized learning, automating administrative tasks, and improving overall educational outcomes. AI applications such as adaptive learning platforms, intelligent tutoring systems, and automated assessment tools are becoming integral to modern education. The growing emphasis on technology-driven learning solutions and the rising demand for remote and online education are further fueling this impressive growth, positioning AI as a transformative force in the education sector.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/request-sample/63174/
๐๐ ๐ข๐ง ๐๐๐ฎ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ?
The research includes in-depth examinations of the Middle East, South America, Europe, Africa, and Asia-Pacific region. Understanding the intricate dynamics of the AI in Education market is one aspect of regional analysis. A framework of product imports and exports by nations and regions, as well as market sizes and growth rates for AI in Education , are included in the report. An overview of the most current developments in the field from a number of different countries and areas is given in this paper.
๐๐ ๐ข๐ง ๐๐๐ฎ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The approach that gives investors relevant information by combining SWOT and descriptive analysis is covered in the report. The study's main objective is to provide a comprehensive picture of the AI in Education market. The process of gathering data uses a variety of methods, such as surveys and questionnaires. Following this, mathematical, statistical, and numerical approaches are used to evaluate the data. It takes a combination of qualitative and quantitative research approaches to identify AI in Education market trends, so gathering and processing data is crucial.By carefully examining the situation of buyer-direct, RD initiatives, innovative forms of development, cutting-edge industry techniques, and market consolidations and acquisitions, the research evaluates the potential futures of the market. The research includes methods, organizational charts, portfolios, and a critical evaluation of well-known corporate executives. AI in Education Doors underwent a thorough PESTLE study and SWOT analysis in order to provide microeconomic variables and detect market trends.
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/63174/
๐๐ ๐ข๐ง ๐๐๐ฎ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
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)
24. ALEKS (US)
25. Blackboard (US)
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐:https://www.maximizemarketresearch.com/market-report/global-ai-in-education-market/63174/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐ข๐ง ๐๐๐ฎ๐๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is AI in Education?
โข What is the growth rate of the AI in Education?
โข Which are the factors expected to drive the AI in Education market growth?
โข What are the different segments of the AI in Education?
โข What growth strategies are the players considering to increase their presence in AI in Education?
โข What are the upcoming industry applications and trends for the AI in Education?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the AI in Education?
โข What major challenges could the AI in Education face in the future?
โข What segments are covered in the AI in Education?
โข Who are the leading companies and what are their portfolios in AI in Education?
โข What segments are covered in the AI in Education?
โข Who are the key players in the AI in Education market?
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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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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