The global artificial intelligence in the education sector market is expected to reach amarket size of USD 17.83 Billion by 2027 and register a significantly high CAGR, according to latest analysis by Emergen Research. Rising demand for real-time learner’s progress monitoring and analysis solution is a primary factor driving growth of the global artificial intelligence in the education sector market, and this is further expected to increase exponentially over the forecast period. Growing demand for artificial intelligence (AI) technology to simplify administrative processes in institutions is projected to further propel global artificial intelligence in the education sector market growth during the forecast period. Rising venture capital funding in EdTech companies is also expected to boost growth of the global artificial intelligence in the education sector market over the next few years.
The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Artificial Intelligence in the Education Sector market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Artificial Intelligence in the Education Sector market landscape.
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Key companies operating in the Artificial Intelligence in the Education Sector market include:
Google LLC, Microsoft Corporation, Amazon Web Services, Inc., International Business Machines Corporation, Cognizant Technology Solutions Corp., Pearson PLC, Nuance Communications Inc., Blackboard Inc., Carnegie Learning, Inc., Cognii, Inc.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Artificial Intelligence in the Education Sector market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Artificial Intelligence in the Education Sector Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Artificial Intelligence in the Education Sector Market Segmentation:
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Deployment Outlook (Revenue, USD Billion; 2020–2027)
- Cloud-based
- On-premises
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Technology Outlook (Revenue, USD Billion; 2020–2027)
- Natural Language Processing
- Deep Learning
- Machine Learning
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Application Outlook (Revenue, USD Billion; 2020–2027)
- Virtual Learning Environment
- Smart Content
- Intelligent Tutoring Systems
- Others
Artificial Intelligence in the Education Sector Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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