AI in Education Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Artificial intelligence is emerging as a new solution for education methods, the technology is helping the student and educational institutes to form enhanced communication. The education sector is thriving for new teaching methods and AI is one of the prominent solutions for it. AI is helping teachers to identify the exact needs of the students and provide guidance according to it. The technology makes the learning process more interesting for students and helping teachers to understand students. The complex topics of the educational systems are getting simplified with AI virtualization and analytical tools.

MARKET DYNAMICS

The e-learning platforms are gaining major shares in education industry from the past few years and AI is further propelling the market growth. The COVID - 19 pandemics has hampered the economies of almost every country, but the impact is concluded to be positive for the AI in the education market. The education sector has adopted the new software, online learning solutions, and commination systems to conduct online classes. This ultimately highlighted the importance of AI among students and educational institutes, expected to boost it further in the forecasted period of 2031.

MARKET SCOPE

The

"Global AI in Education Market Analysis to 2031"

 is a specialized and in-depth study of the technology, media, and telecommunication industry with a special focus on the global market trend analysis. The AI in education market report aims to provide an overview of the AI in education market with detailed market segmentation by technology, component, end-use, application, and geography. The global AI in education market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading AI in education market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global AI in education market is segmented based on technology, component, end-use, and application. Based on technology, the AI in education market is segmented into machine learning and deep learning, natural language processing, and others. Based on application, the AI in education market is segmented into learning platform, intelligent tutoring system, smart content, fraud and risk management, others. Based on component, the AI in education market is bifurcated into learning Solution and Service. Based on end-use, the AI in education market is segmented into higher education, K-12 education, corporate learning, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global AI in education market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The AI in education market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the AI in education market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the AI in education market in these regions.

MARKET PLAYERS

The reports cover key developments in the AI in education market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from AI in education market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the underwriting and rating software market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the underwriting and rating software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   ALEKS Corporation
  
•   Amazon Web Services, Inc.
  
•   Carnegie Learning, Inc.
  
•   Century-Tech Limited
  
•   Cognizant
  
•   Google
  
•   IBM Corporation
  
•   Microsoft Corporation
  
•   Nuance Communications, Inc.
  
•   Pearson PLC
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

AI in Education Report Scope