AI in Education Market Trends, Share, Size, Growth, Sales, Opportunities and Forecast to 2029


AI in Education Market size was valued at US$ 2.02 Bn. in 2021 and the total revenue is expected to grow at 43.8% through 2022 to 2029, reaching nearly US$ 36.93 Bn.

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AI in Education Market Overview:

To find the overall size of the AI in Education market by nations and segments, the research conducted a micro level investigation of each country. The local and markets' sizes are estimated using a bottom-up methodology. By conducting a micro-level analysis of each nation, it is possible to determine how much the unorganised market contributes to the size of the larger market. The AI in Education market dictates the thorough analysis carried out by the company organisation to comprehend the AI in Education market's drivers, restraints, and opportunities. Interviews with significant local businesspeople follow, and the results are then verified. For secondary research and analysis, both paid and unpaid data bases are utilized. The provision and consumption information for each player is gathered from public databases, private databases, and, in the case of publicly listed enterprises, the earnings data of the company. If financial documents from businesses are not made available to the public, they may be requested through the local government's budget division.

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AI in Education Market Dynamics:

One significant trend in the market for AI in education is the increased emphasis on conversational learning. As the emphasis on digitization and e-learning has grown, conversational learning has emerged as a crucial component of education all over the world. Information is conveyed through a two-way conversation in the concept of conversational learning. Students' learning experiences become more interactive, personalised, and engaging thanks to conversational learning solutions. As they are designed to accommodate the needs of the learner, chatbots thus play a crucial role in the educational process.

AI in Education Market Segmentation:

The AI in Education Market is divided into two categories based on technology: Deep Learning & ML and NLP. NLP technology is anticipated to advance more quickly than machine learning and deep learning during the anticipated time frame. This quick expansion can be attributed to rising K–12 student and college demand for virtual assistance as well as rising educational institution investments in cutting-edge technology. Additionally, the use of NLP technology in the education sector is expanding to assist in decoding digitally stored data and comprehending human languages from various data sets.

AI in Education Market Key players:

  • Jenzabar (US)
  • Knewton (US)
  • Metacog (US)
  • Querium Corporation (US)
  • Google (US)
  • AWS (US)
  • Cognizant (US)
  • Carnegie Learning (US)
  • Century-Tech (UK)
  • Cognii (US)
  • Elemental Path (US)
  • Liulishuo (China)
  • Nuance Communications (US)
  • Osmo (US)
  • Pearson (UK)
  • Third Space Learning (UK)
  • Quantum Adaptive Learning (US)
  • ALEKS (US)

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AI in Education Market Research methodology:

To calculate and validate the size of the AI in Education market, top-down and bottom-up approaches are utilised. Players rigorously abide by numerous industry classification criteria in order to create an exhaustive list of functioning and important players. A thorough validation test is also carried out to determine which businesses on the market are the most pertinent for the investigation. Subscription databases like Factiva, Bloomberg, and others are used to order priority lists according to the revenue from the most recent quarter. Last but not least, the questionnaire was designed and specifically developed to meet all criteria for collection of primary data by appointment only, focusing on the main target categories.  This helps us collect data on player earnings, operating expenses, profit, and the development of various goods and services, among other things. The World Bank, associations, business websites, SEC filings, OTC BB, USPTO, EPO, annual reports, press releases, and close to 70–80% of the data are acquired from primary sources before being confirmed by a range of secondary sources.

AI in Education Market Regional Analysis:

North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and South America are the five major geographic regions of the AI in Education market.

Key Features of the Reports:

  • Thorough analysis of the AI in Education market.
  • Regional market drivers, restraints, opportunities, and challenges.
  • Detailed justifications for market share and segmentation.
  • Modern market developments and trends.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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Website: www.maximizemarketresearch.com

About MAXIMIZE MARKET RESEARCH PVT. LTD.

Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Bever

Contact Information

MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe, Pune, Maharashtra

411041
India
Phone : +91 9607365656
View website

Published in

Technology , Education

Published on

Nov 25, 2022

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