Global Artificial Intelligence in Education System Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Artificial Intelligence in Education Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global artificial intelligence in education market report has been segmented on the basis of model, technology, and region.
Global Artificial Intelligence in Education System Market: Overview
Artificial Intelligence (AI) is a machine that works and reacts like human beings and helps in smooth functioning of overall educational process. Artificial intelligence demonstrates the main principle of education learning, reasoning, and problem-solving.
Global Artificial Intelligence in Education System Market: Dynamics
AI in the education market is expected to be driven by factors such as integration of the Intelligent Tutoring System (ITS) in the learning process. ITS is one of the advanced applications of AI aimed at providing immediate and personalized feedback and instructions to learners without the intervention of a human tutor. Various benefits of implementation of AI in education sector include better education and grading process, instant feedback, and personalization in providing training or education as per requirement of the students. AI assists in improving the quality of providing education by addressing the learning challenges faced by students and faculty in the past and aid in planning, reasoning, language processing, and cognitive modeling.
Virtual Reality can be used to create a map of the stars for Science or Astronomy and be used as a digital canvas for Art classes. Augmented Reality apps include Across Air, Google Sky Map, Pokemon, etc. Such immersive technology will allow students to perform experiments and field trips without leaving classroom, library, or their homes.
However, the high cost of deployment and lack of skilled workforce are some of the factors that may hinder growth of the global AI in education system market. These systems are expensive to develop and implement and the timeframe required for the development of these systems is large limiting their implementation. In addition, the risk of data leakage and security may restrain market growth.
A recent report from eSchool News stated that the use of AI in the US education sector will grow by 47.5% between 2017 and 2021. This trend will affect all school levels, from kindergarten to college, introducing new personalized and rich educational methods that will dramatically transform students’ learning experience.
Global Artificial Intelligence in Education System Market: Segment Analysis
Among the model segments, the domain segment represents the knowledge of the subject, expertise, and the relationship between different parts of the subject matter. It assists in improving the domain-specific knowledge, especially in areas of science, technology, math, and engineering. The AI in education systems usually gathers a huge amount of student data, which is computed to enhance the domain model.
Global Artificial Intelligence in Education System Market: Region Analysis
North America market is expected to dominate in the global AI in education system market with over XX% share in terms of revenue. This can be attributed to increasing initiatives by government for digitalization, and growing investments in high-end technology such as AI. Presence of the major market players such as Google, IBM, Microsoft which are focusing on developing AI that support the education system is another major factor that is expected to drive growth of the market in this region.
Global Artificial Intelligence in Education System Market Segmentation:
Segmentation by model:
- Learner model
- Pedagogical model
- Domain model
Segmentation by technology:
- Natural Language Processing
- Machine Learning
- Virtual Personal Assistant
- Querying Method
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- International Business Machines Corporation
- Cognizant Technology Solutions Corp.
- Nuance Communications, Inc.
- Quantum Adaptive Learning, LLC.
- ALEKS Corporation
- Blackboard Inc.
- DreamBox Learning, Inc.
- Jenzabar Inc.
- Microsoft Corp
- Pearson Education, Inc
- Knewton, Inc.
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