Global AI in Education Market Report for 2018 – Student and Teacher Use to Drive Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE) — “Global AI In Education Market Size, Segment & Industry Trends Analysis Report By Component (Solution & Services), By Application, By End-use, By Deployment Mode (Cloud and On-premise), By Technology, By Region. Outlook and Dates, 2022 – 2028,” the report added ResearchAndMarkets.com’s offering

The global AI In Education market size is expected to reach $12.8 billion by 2028, rising to a market growth of 33.5% CAGR during the forecast period.

Giving teachers, students, and educators a better experience is part of the application of AI in education. Countless service providers are developing unique AI education solutions or services that connect to multiple education platforms. Demand for AI in education is also rising as online learning becomes a more popular choice for skill development. With the growth of AI-backed business applications, it has collaborated with technical colleges to introduce new forms of training for AI talent in order to better adapt to development trends and the latest industry developments.

Giving teachers, students, and educators a better experience is part of the application of AI in education. Countless service providers are developing unique AI education solutions or services that connect to multiple education platforms. Demand for AI in education is also rising as online learning becomes a more popular choice for skill development. With the growth of AI-backed business applications, it has collaborated with technical colleges to introduce new forms of training for AI talent in order to better adapt to development trends and the latest industry developments.

Artificial intelligence has the potential to transform some of the key issues facing education today, such as mainstream teaching and learning methods, and ultimately to implement SDG 4. However, these rapid technological developments necessarily bring with them many risks and difficulties. which have so far overcome regulatory structures and policy debates. An enhanced educational experience can be achieved with the help of AI technologies, and UNESCO is mandated to assist Member States in doing so, while the use of AI in educational institutions is governed by the fundamental values ​​of equity and inclusion.

Market Growth Factors

Student and Teacher Experience

One of the main factors driving the growth of AI in the education market is the fact that it significantly improves the learning and teaching experience. Vendors of AI technology are creating electronic gadgets with AI capabilities to enhance learning systems that enhance learning. As educational institutions that survive in the cut-throat world of competition, they must provide the best learning environment. For example, Century Intelligent Learning has created a classroom using AI technology that allows teachers to create academic courses online, allowing students to access their courses whenever they want.

It saves a lot of time and cost

The administrative team works continuously for hours, whether filing papers, writing and sending emails, communicating with students or parents, or producing periodic reports. Similarly, professors and teachers must prepare graded textbooks for tests and homework, lesson plans for upcoming classes, etc. These educators spend a significant amount of time. The rest of the time is spent marking test papers, doing readings for future classes, and completing administrative tasks. Artificial intelligence experts can assist teachers in developing an AI system that is expected to increase staff and student productivity.

The limiting factor is:

Slow Digitization Due to Digital Divide

The spread of digitalization in LMIC, or low- and middle-income countries, is the slowest. This is attributed to the worldwide digital wealth. The digital divide can be defined as the digital growth of developing and underdeveloped countries versus developed countries due to lower penetration of technology. There is a significant number of LMICs that are striving to promote technology. AI-tools have been made available, IT infrastructures, and Internet of Things devices to collect models to create the right results due to the absence of funds for the basic needs of IT infrastructure in poor countries.

Purpose of Studies

Market Segments Covered in the Report:

by Component

by Application

• Learning Platform & Virtual Facilitators

• Intelligent Tutoring System (ITS)

• Painful content

• Fraud & Risk Management

• others

By end of use

• Higher education

• Corporate Training & Learning

• K-12 Education

Method by deployment

By Technology

• Machine Learning

• Natural Language Processing (NLP)

by Geography

• North America

• US

• Canada

• Mexico

• The rest of North America

• Europe

• Germany

• UK

• France

• Russia

• Spain

• Italy

• The rest of Europe

• Asia Pacific

• China

• Japan

• India

• South Korea

• Singapore

• Malaysia

• The rest of Asia Pacific

• BLADES

• Brazil

• Argentina

• UAE*

• Saudi Arabia

• South Africa

• Nigeria

• The rest of the blade

Key Market Players

List of Companies Profiled in the Report:

• IBM Corporation

• Microsoft Corporation

• Google LLC

• Cognizant Technology Solutions Corporation

• Pearson PLC

• Amazon Web Services, Inc.

• Carnegie Teaching, Inc.

• Board, Inc.

• BridgeU Press

• DreamBox Learning, Inc.

For more information on this report, visit https://www.researchandmarkets.com/r/w20p62