The latest market intelligence report, titled ‘Global Artificial Intelligence in the Education Sector Market’, is intended to provide the target audience with the necessary information about the global Artificial Intelligence in the Education Sector industry. The report comprises a detailed analysis of the vital elements of the Artificial Intelligence in the Education Sector market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Artificial Intelligence in the Education Sector market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
Rising demand for real-time learner’s progress monitoring and analysis solution is a primary factor driving growth of the global artificial intelligence in the education sector market, and this is further expected to increase exponentially over the forecast period. Growing demand for artificial intelligence (AI) technology to simplify administrative processes in institutions is projected to further propel global artificial intelligence in the education sector market growth during the forecast period.
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Report Objective:
The report offers a complete analysis of the global Artificial Intelligence in the Education Sector market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. Google LLC, Microsoft Corporation, Amazon Web Services, Inc., International Business Machines Corporation, Cognizant Technology Solutions Corp, Pearson PLC, Nuance Communications Inc., Blackboard Inc., Carnegie Learning, Inc., and Cognii, Inc. and others are some of the top companies profiled in the report.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Some key findings from the report suggest
- Increasing implementation of on-premises artificial intelligence solutions in universities and colleges to minimize cyber-attacks and information theft is driving revenue growth of the on-premises segment currently, which is expected to register a significantly high CAGR of 43.8% over the forecast period.
- In terms of market share, the natural language processing segment is projected to contribute significantly to the global artificial intelligence market in the education sector during the forecast period, attributable to growing application of natural language processing technology to minimize the communication gap between computers and humans.
- In terms of revenue, the virtual learning environment segment is projected to account for high revenue share in the global artificial intelligence in the education sector market over the forecast period due to growing use of AI to improve online learning experience in higher education.
- As a result of rising implementation of AI technology in colleges and universities to streamline admission processes, the higher education segment among the end-use segments is projected to account for largest revenue share contribution to the global market over the forecast period.
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Emergen Research has segmented the global artificial intelligence in the education sector market on the basis of deployment, technology, application, end-use, and region.
Deployment Outlook (Revenue, USD Billion; 2020–2027)
- Cloud-based
- On-premises
Technology Outlook (Revenue, USD Billion; 2020–2027)
- Natural Language Processing
- Deep Learning
- Machine Learning
Application Outlook (Revenue, USD Billion; 2020–2027)
- Virtual Learning Environment
- Smart Content
- Intelligent Tutoring Systems
- Others
End-use Outlook (Revenue, USD Billion; 2020–2027)
- K-12 Education
- Higher Education
- Corporate Learning
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report addresses the following key points:
- The report provides a forecast of market drivers, restraints, and future opportunities for the Artificial Intelligence in the Education Sector market
- The report further analyses the changing market dynamics
- Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
- Extensive competitive landscape mapping with profiles of the key competitors
- In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
- Revenue forecast, country scope, application insights, and product insights
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