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Artificial Intelligence: Enhancing Learning Methods

01-23-2018 09:59 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Goldstein Research

According to Goldstein Research, “Growing global digitalization and rapidly changing technologies fostering the growth of fastest evolving artificial intelligence technology." Artificial intelligence will help the education sector by enhancing the conventional teaching process in schools and universities. In future, AI technology does not substitute for teachers but compliment them, showcasing huge opportunity for the education system to dynamically include technology rather than passively accepting the internet as the modern encyclopaedia.

The global artificial intelligence in education sector market is segmented based on technology, by AI based educational model and by services. AI based educational model is further bifurcated into Learner model, Pedagogical model and Domain model. In 2016, the learner model dominated the AI in education sector market for more than 58% of the total market share. The rising numbers of startups are focusing on designing content-based products and services for the education sector which will drive the growth of learner model segment. Additionally, various AI technology vendors are embedding adaptive learning technology to support smart learning options for students.

Global artificial intelligence market in education sector is likely to enlarge at CAGR of more than 49.0% over the forecast period i.e. 2016-2024. The growth is majorly attributed to the rising need for adoption of ITS (intelligent tutoring systems) in the learning process.

By far, Europe accounted for the largest market share in global artificial intelligence in education sector and is expected to dominate the market over the forecast period of 2016-2024. Europe artificial intelligence in education sector market is projected to expand at remarkable CAGR of more than 50.0% by 2024. In Europe, United Kingdom holds the strongest position in AI ecosystem with approximately 121 AI firms in U.K, with London as the hotspot for AI start-ups. AI companies from U.K, Germany and France, accounts for over 50% of the total European AI ecosystem.

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Adaptive Learning: Major Trend

Despite the progress which has been made in the field of artificial intelligence, adaptive learning still has a time until it can become ubiquitous. However, adaptive learning is an emerging trend with more than 40 companies such as Knewton and DreamBox Learning, already has marketing adaptive learning system to schools in North America, Europe and in some countries of Asia Pacific region. For instance, at Arizona State University, an adaptive learning program is facilitating students who are stressed with remedial maths and students passed rate has improved from 66% to 75% and dropout rates declined by 7%.

“Global Artificial Intelligence in Education Sector Market Outlook 2024” contains detailed overview of the global artificial intelligence in education sector market in terms of market segmentation by technology type, by AI based educational models and by services.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

Global Artificial Intelligence in Education Sector Market Report also provides competitive outlook of some of the major players which includes profiling of companies such as IBM Corp, Cognizant, Nuance Communications, Quantum Adaptive Learning, ALEKS, Blackboard, Dream Box Learning, Jenzabar etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the global artificial intelligence in education sector market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Backed up by reliable research and impactful statistics, our business solutions empower our clients to grow at a fast pace despite unsettling fluctuations in the market. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: +1-437-886-1181
UK: +44-203-318-6627
sales@goldsteinresearch.com
www.goldsteinresearch.com
99 Wall Street ,Suite No-
527, New York, NY 10005

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