Artificial Intelligence (AI) in Education Market 2021 – 2027 | Key Developments Factors and Demand Forecast

1
Artificial Intelligence (AI) in Education Market
to 2027 - Opportunity Analysis Growth Forecast
Report

• Digitization and smart technological tools, like
  artificial intelligence (AI), have been foraying
  in almost every industrial sector over the past
  few years. Educational sector is no exception.
  There has been a considerable rise in the
  application of AI in education on account of the
  advanced features and benefits offered by the
  technology. This is opening lucrative growth
  opportunities for artificial intelligence in
  education market. According to Global Market
  Insights, Inc., the market size is estimated to
  surpass USD 20 billion by 2027.
• Rising integration of Intelligent Tutoring System
  (ITS) in the learning process has significantly
  improved the learning styles of students,
  providing personalized tutoring and high-quality
  education, thus positively influencing the
  industry landscape.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2

• AI based education applications are majorly used
  for higher education, K-12 education and
  corporate training. However, K-12 segment is
  witnessing higher adoption rate. In 2020, the
  segment had held a sizeable market share of over
  30. This can be ascribed to the increasing
  transitions in academic standards and growing
  inclination towards measuring students critical
  thinking and problem-solving capabilities,
  preparing them for higher education and
  successful career. AI software tools, in this
  regard, help in understanding the student
  requirements at every stage of learning and
  preparing the learning course as per the
  students strengths and weaknesses.

• In terms of component, service segment to witness
  a notable CAGR of 40 through 2027, owing to the
  heightened adoption of cloud computing services
  which is impelling the demand for managed
  services. Besides, emergence of
  Platform-as-a-Service and Software-as-a-Service
  is contributing to the segmental growth.

• With regards to the technology, machine learning
  is gaining increased prominence owing to the
  advantages associated with it such as it helps to
  understand the educational patterns and suggest
  variations in teaching methodologies. It also
  facilitates unbiased grading system and feedback
  mechanism for teachers as well as students.
  Meanwhile, machine learning boasts of the ability
  to collect and maintain the rich content of
  information, determine meaningful patterns within
  the information and convert it into a structured
  database for later use.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/2
639
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4

• With regards to deployment, cloud segment is
  amassing high popularity and is expected to
  record a robust CAGR of over 50 through 2027.
  This is majorly due to the rising application of
  cloud services, reduction in the ownership cost
  for educational institutes and helping them in
  investing in infrastructural developments
  required for high quality of education.

• Regional Analysis

• Speaking of the regional outlook, the industry is
  observing a meritorious growth across Europe. In
  2020, Europe artificial intelligence in education
  market had accounted for a significant revenue
  share of over 15. The notable market size can be
  attributed to the increased penetration of
  digitalization and rising investments in AI. The
  internet penetration in the region was estimated
  to reach around 91 in 2020.

• Competitive Analysis

• The global artificial intelligence in education
  market is dominated by leading firms such as
  Amazon Web Services, Inc., Blackboard Inc.,
  Blippar, Century Tech Limited, Cerevrum Inc.,
  CheckiO, Pearson PLC, TrueShelf, Querium
  Corporation, Knewton., Cognii Inc., Google Inc.,
  Microsoft Corporation, Nuance Communication Inc.,
  IBM Corporation., Jenzabar Inc., Yuguan
  Information Technology LLC, Pixatel Systems,
  PleiQ Smart Toys SpA, and Quantum Adaptive
  Learning LLC.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
Latest Research Report On AI in Education Market
_at_ https//www.gminsights.com/industry-analysis/art
ificial-intelligence-ai-in-education-market
Request for sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
2639
Request for customization https//www.gminsights
.com/roc/2639
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
www.gminsights.com