Press release
Global Generative Artificial Intelligence (AI) In Teaching Market to Reach $6.54 Billion by 2029, Growing at 43.7% CAGR
What industry-specific factors are fueling the growth of the generative artificial intelligence (ai) in teaching market?The increasing use of internet-based learning is predicted to fuel the expansion of the generative artificial intelligence (AI) in the education sector. Online learning comprises the practice of obtaining skills and knowledge using digital platforms and online resources. The rising adoption of this mode of learning is attributed to its accessibility, affordability, broad curriculum, economical nature, global reach, inclusivity, and the convenience of learning from any location at any time. Generative AI in teaching enhances online learning through personalized content, immediate feedback, and the development of engaging materials with round-the-clock support, making education more effective and reachable. For instance, Eurostat, a government agency in Luxembourg, noted in January 2024, that in 2023, about 30% of internet users in Europe aged between 16 and 74 had enrolled in an online course or accessed online learning resources in the three previous months. This indicates a 2% increase in participation from 2022. Consequently, the rising utilization of internet-based learning is propelling the generative artificial intelligence (AI) in teaching market's growth.
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What Is the projected market size and growth rate for the generative artificial intelligence (ai) in teaching market?
The market size of generative artificial intelligence (AI) in teaching has seen an extraordinary growth recently. The market is projected to expand from $1.07 billion in 2024 to $1.53 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 44.0%. The historical growth has been fueled by a surge in the demand for personalized learning, an expanded uptake of online education, increased accessibility to digital devices, a rising need for scalable educational tools, and a drive for data-informed insights to enhance educational results.
Expectations are high for the generative artificial intelligence (AI) in teaching market as it is predicted to grow significantly in the coming years. By 2029, it's projected to reach a size of $6.54 billion, with a compound annual growth rate (CAGR) of 43.7%. Factors such as an increased demand for customized learning experiences, the growing use of digital education tools, the rising need for scalable education solutions, advancements in AI capabilities for generating interactive materials, growth in the desire for data-based educational insights, and the expansion of distant and blended learning settings are driving this growth. The forecast period will likely see trends such as the use of AI-controlled adaptive learning platforms, improved tools for content creation, advancements in real-time language translation and assistance, progress in virtual tutors, and the automation of administrative tasks.
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What new trends are reshaping the generative artificial intelligence (ai) in teaching market and its opportunities?
Leading businesses within the generative artificial intelligence (AI) for education domain are focusing on creating groundbreaking products that incorporate natural language processing (NLP) into AI powered digital learning to enrich the learning environment and spur greater student participation. By leveraging NLP, generative AI can comprehend and cater to the unique requirements of every student, taking into account their language and communication styles. This facilitates the generation of bespoke educational content and personalized feedback, enhancing understanding and information recall. For example, in June 2024, a non-profit education organization based in the US, CK-12 Foundation, introduced Flexi - an AI tutoring assistant on WhatsApp across India. This effort was undertaken to boost accessibility to education through a fusion of advanced AI expertise and the CK-12 curriculum. Flexi is engineered to aid students by resolving math queries, simplifying complex ideas, and giving advice on studying methods while being accessible in more than 300 languages and dialects. By using NLP, the AI tutor is equipped to correctly interpret and give responses to student questions while further honing its skills through machine learning from user interaction and feedback data.
What major market segments define the scope and growth of the generative artificial intelligence (ai) in teaching market?
The generative artificial intelligence (AI) in teaching market covered in this report is segmented -
1) By Component: Software; Services
2) By Application: Content Creation For The Course; Personalized Lessons; Course Design; Chatbots For Student Support; Data Analytics For Students' Performance; Restoring Old Learning Material; Tutoring; Other Applications
3) By End-User: Higher Education; K-12 Education; Corporate Training And Learning
Subsegments:
1) By Software: AI-Powered Learning Management Systems (LMS); Adaptive Learning Platforms; Virtual Tutoring Software; AI-Driven Assessment And Grading Tools; Gamification And AI-Based Learning Tools
2) By Services: AI-Driven Curriculum Development Services; Teacher Training And Support Services; Integration And Implementation Services; AI-Based Educational Content Creation Services; Consulting Services For AI in Education
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Which region dominates the generative artificial intelligence (ai) in teaching market?
North America was the largest region in the generative artificial intelligence (AI) in teaching market in 2024. The regions covered in the generative artificial intelligence (AI) in teaching market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the generative artificial intelligence (ai) in teaching industry growth?
Major companies operating in the generative artificial intelligence (AI) in teaching market are Google LLC, Microsoft Corporation, International Business Machines Corporation, Adobe Inc., Pearson plc, OpenAI, Pegasystems Inc., Duolingo, Coursera Inc., Elevate K-12, Kahoot, Quizlet Inc., Carnegie Learning Inc., Nearpod, DreamBox Learning, Moodle Pty Ltd., Khan Academy Inc., Brainly, Knewton Inc., Sana Labs AB, Cerego Inc., Kidaptive Inc., nolej AI, Squirrel Ai Learning, Speechify
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What Is Covered In The Generative Artificial Intelligence (AI) In Teaching Global Market Report?
•Market Size Forecast: Examine the generative artificial intelligence (ai) in teaching market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the generative artificial intelligence (ai) in teaching market for a structured understanding.
•Key Players Overview: Analyze major players in the generative artificial intelligence (ai) in teaching market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the generative artificial intelligence (ai) in teaching market.
•Segment Contributions: Evaluate how different segments drive overall growth in the generative artificial intelligence (ai) in teaching market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the generative artificial intelligence (ai) in teaching market.
•Industry Challenges: Identify potential risks and obstacles affecting the generative artificial intelligence (ai) in teaching market.
•Competitive Landscape: Review strategic developments in the generative artificial intelligence (ai) in teaching market, including expansions, agreements, and new product launches.
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