AI in Education market Overview:
The AI in Education market competitive landscape breaks out information by a rival. Corporate overview, financials, revenue produced, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application domination are all contained in the details. The data points presented above are only relevant to the firms’ emphasis on the AI in Education market .
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Market Scope:
This AI in Education market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansion For more information on the AI in Education market , please contact Maximize Market Research for an Analyst Brief; our experts will assist you in making an informed market choice to achieve market growth.
Market Dynamics: One significant development in the market for AI in education is the rising emphasis on conversational learning. As the emphasis on digitalization 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 notion of conversational learning. Students’ learning experiences become more dynamic, customised, and engaging thanks to conversational learning technologies. As they are designed to accommodate the demands of the student, chatbots thus play a crucial role in the educational process.
Segmentation:
by Deployment
On-Premise
Cloud
According to deployment, On the basis of deployment, the market for AI in education is divided into On-Premise and Cloud segments. Through 2029, the market for AI in education is projected to develop at a CAGR of 50% for the cloud sector. The rise in usage of cloud services, which reduces the cost of ownership for educational institutions and enables them to invest in the infrastructure upgrades required to deliver high-quality education, is credited to the growth. Additionally, it makes it possible for universities and institutions to incorporate cutting-edge technology into their existing infrastructure without having to spend a lot of money on it.
by Component
Solutions
Services
The market for artificial intelligence in education is divided into solutions and services based on component. The demand for AI-enabled solutions and services in educational organisations has increased as a result of increased government funding and technological improvements, and the Services component is predicted to rise at a quicker CAGR throughout the projected period.
by Technology
Deep Learning & ML
NLP
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 might 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 usage of NLP technology in the education sector is expanding to assist in decoding digitally recorded data and comprehending human languages from various data sets.
by Application
Virtual Facilitators & Learning Environments
ITS
CDS
Fraud and Risk Management
The AI in Education Market is divided based on application into Virtual Facilitators & Learning Environments, ITS, CDS, Fraud and Risk Management. Digital education learning technology is another name for the use of virtual facilitators and learning settings. The elements of VLEs include information distribution, academic planning and mapping, student interaction, administration, and real-time communication. The AI-powered virtual facilitator also functions as a multilingual translator, student mentor, and assistant to the lecturer. These AI-enabled facilitators and environments cater to people’s learning needs for autonomous educational programmes and home-based education. Virtual environments also enable students to apply a variety of academic disciplines and social development ideas to difficult real-world social problems. The use of virtual facilitators and learning environments combines artificial.
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Key Players: The following are the key players of the AI in Education market –
1.IBM (US)
2. Microsoft (US)
3. Bridge-U (UK)
4. DreamBox Learning (US)
5. Fishtree (US)
6. Jellynote (France)
7. Jenzabar (US)
8. Knewton (US)
9. Metacog (US)
10. Querium Corporation (US)
11. Google (US)
12. AWS (US)
13. Cognizant (US)
14. Carnegie Learning (US)
15. Century-Tech (UK)
16. Cognii (US)
17. Elemental Path (US)
18. Liulishuo (China)
19. Nuance Communications (US)
20. Osmo (US)
21. Pearson (UK)
22. Third Space Learning (UK)
23. Quantum Adaptive Learning (US)
24. ALEKS (US)
25. Blackboard (US)
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Regional Analysis:
The region portion of the research also includes individual market affecting elements and changes in legislation in the market that affect present and future market trends. Data points such as downstream and upstream value chain analysis, technological trends and porter’s five forces analysis, and case studies are only a few of the indicators utilized to anticipate the market scenario for different nations.
COVID-19 Impact Analysis on AI in Education market : The report also discusses how COVID-19 affected the AI in Education market .
Key Questions Answered in the AI in Education market Report are:
- What will be the CAGR of the AI in Education market during the forecast period (2022-2029)?
- Which segment emerged as the leading segment in the AI in Education market ?
- Which are the prominent players in the AI in Education market ?
- What key trends are likely to emerge in the AI in Education market in the forecast period?
- What will be the AI in Education market size by 2029?
- Which company held the largest share in the AI in Education market in 2020?
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