Press release
Rising Number Of Smartphone Users Driver: A Major Catalyst in the Evolution of the AI in Education Market in 2025
AI in Education Market Size
The increase in smartphone usage is projected to boost the advancement of artificial intelligence (AI) in the educational market. The term smartphone users refer to those who use a mobile phone equipped with a computer and previously unrelated phone features, such as a web browser, an operating system, or software applications. Users of such devices gain from customizable learning experiences that incorporate AI technology into educational apps and platforms. Furthermore, smartphones facilitate real-time interactions and participation, allowing for seamless communication between students and AI-powered virtual tutors. Their widespread use enhances the scope and influence of AI in education, ensuring high-quality, personalized learning is accessible to a broader demographic. For example, the Ericsson Mobility Report 2022 by Ericsson, a Sweden-based networking and telecommunications firm, showed that there were 6,420 million smartphone subscriptions in 2022, which is expected to escalate to 7,740 million subscriptions by 2028. Consequently, the expanding pool of smartphone users is poised to steer the growth of the AI in education market.
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How will the growth rate of the ai in education market shape industry trends by 2034?
In recent times, the market size of AI in education has been on a rapid upward rise. It's anticipated to expand from its $5.47 billion size in 2024, progressing to a $7.57 billion mark by 2025, reflecting a Compound Annual Growth Rate (CAGR) of 38.4%. The remarkable growth in the historical span is credited to factors like digital learning platforms, personalized learning projects, adaptive learning systems, extensive data and analysis, and early AI tutoring systems.
The market for AI in education is anticipated to expand significantly in the years to come. It is expected to reach a value of $30.28 billion by 2029, with a CAGR of 41.4%. Several factors, such as the adoption of remote and hybrid learning, AI-driven assessment tools, increased investment in edtech, and teacher support systems, contribute to this projected growth over the forecast period. The period is also expected to witness several trends such as AI-enabled learning analysis, the use of AR and VR in education, ethical applications of AI in education, AI-assisted language learning, and the gamification of AI.
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What trends are poised to drive the future success of the ai in education market?
Innovations in product offerings are a significant trend that is contributing to the growth of the artificial intelligence (AI) in education market. Major firms in this market are focusing on creating innovative solutions to consolidate their market standing. An example of this is Nerdy Inc., a U.S-based tech platform for real-time online learning, launching two new products in February 2023. These are the AI-Generated Lesson Plan Creator and AI-Generated Chat Tutoring, both of which are integrated with ChatGPT within their complete product range. ChatGPT, an AI chatbot, employs natural language processing to produce conversation that mimics human interaction. The AI-powered lesson plan creator offers a range of content, featuring comprehensive suggestions on lesson structuring and optimal usage of content. Moreover, the AI-based chat tutoring furnishes around-the-clock support for consumer learning membership customers, delivering timely and precise answers to student queries.
Which primary segments of the ai in education market are driving growth and industry transformations?
The AI in education market covered in this report is segmented -
1) By Component: Solutions, Services
2) By Technology: Natural Language Processing (NLP), Machine Learning
3) By Deployment: Cloud, On-Premises
4) By Application: Learning Platform And Virtual Facilitators, Intelligent Tutoring System (ITS), Smart Content, Fraud And Risk Management, Other Applications
5) By End-User: K-12 Education, Higher Education, Corporate Training And Learning
Subsegments:
1) By Solutions: Learning Management Systems (LMS), Intelligent Tutoring Systems, Assessment And Testing Solutions, Content Creation Tools, Student Engagement Platforms
2) By Services: Consulting Services, Integration Services, Support And Maintenance Services, Training And Development Services, Data Analytics Services
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Which geographical regions are pioneering growth in the ai in education market?
North America was the largest region in the artificial intelligence (AI) in education market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the AI in education market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the ai in education market landscape?
Major companies operating in the AI in education market include Alphabet Inc., Microsoft Corporation, Amazon Web Services Inc., IBM Corporation, Cognizant Technology Solutions Corporation, Harbinger Group, Pearson plc, Nuance Communications Inc., McGraw Hill Education Inc., Blackboard Inc., Coursera Inc., Duolingo Inc., D2L Corporation, Age of Learning Inc., Jenzabar Inc., Netex Knowledge Factory S.A., Carnegie Learning Inc., DreamBox Learning Inc., Third Space Learning, Kadenze Inc., Knewton Inc., BridgeU Ltd., Century-Tech Limited, Cognii Inc., Fishtree Ltd., Prazas Learning Inc., Wooclap SA, YiXue Squirrel AI Learning Inc., Jellynote, Querium Corporation
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What Is Covered In The AI in Education Global Market Report?
• Market Size Forecast: Examine the ai in education market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the ai in education market for a structured understanding.
• Key Players Overview: Analyze major players in the ai in education market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the ai in education market.
• Segment Contributions: Evaluate how different segments drive overall growth in the ai in education market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the ai in education market.
• Industry Challenges: Identify potential risks and obstacles affecting the ai in education market.
• Competitive Landscape: Review strategic developments in the ai in education market, including expansions, agreements, and new product launches.
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