AI in Education Market Size is anticipated to reach at a CAGR of 29.1% during the forecast period
According to a new report published by xResearch, titled, “AI in education Market Insights, Trends, Opportunity & Forecast, 2022–2030,” the global AI in education market size is anticipated to witness exponential growth during the forecast period i.e. 2022-2030. Factors such as the innovation in technology such as deep learning and natural language processing are predominantly fueling the growth of the global AI in the education market. The high demand for virtual learning environments in schools and universities is also fueling the growth of global AI in the education market.
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Based on the component outlook, the solutions
segment held the largest share in the global AI in education market in 2021.
The segment is anticipated to retain its dominance further in the market during
the forecast period of 2022-2030. Based on the deployment, the cloud segment
dominated the global AI in education market in 2021. The segment is estimated
to maintain its position and stay at the top during the forecast period of
2022-2030.
Based on the technology, the machine
learning segment dominated the global AI in education market in 2021. The
segment is estimated to maintain its position and stay at the top during the
forecast period of 2022-2030. Based on the end-use, the higher education
segment dominated the global AI in education market in 2021.
The segment is estimated to maintain
its position and stay at the top during the forecast period of 2022-2030. Based
on the application, the learning platform and virtual facilitators segment
dominated the global AI in education market in 2021. The segment is estimated
to maintain its position and stay at the top during the forecast period of
2022-2030.
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Geographically, the North American
region led the global AI in education market in 2021, followed by Europe and
the Asia Pacific. The region is anticipated to remain dominant throughout the
forecast period of 2022-2030. Countries such as the U.S. and Canada are among
the key contributors to the market in the region. The Asia Pacific region is
expected to achieve the highest growth in the adoption of AI in education
technology market during the forecast period. Countries including India, China,
and Japan are the key contributors to the growth of the market in this region.
Some of the major AI in education system
providing companies profiled in the report include IBM (US), Microsoft (US),
Bridge-U (UK), DreamBox Learning (US), Fishtree (US), Jellynote (France),
Jenzabar (US), Knewton (US), Metacog (US), and Querium Corporation (US).
The
global AI in education market is segmented based on component outlook,
deployment outlook, technology outlook, application outlook, end-use, and
region. Based on the component outlook, the market is bifurcated into solutions
and services. Based on deployment mode, it is classified into cloud or
on-premises. Based on technology outlook, it is classified into natural
language processing and machine learning. Based on the end-use outlook, it is
classified into K-12 education, higher education, and corporate training and
learning.
The global AI in education market is
analyzed across North America (U.S. & Canada), Europe (Germany, United
Kingdom, France, Italy, Spain, Russia, and the Rest of Europe), Asia Pacific
(China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand,
and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin
America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait,
Qatar, Oman), North Africa, South Africa, and Rest of the Middle East &
Africa).
Key
Insights of the Global AI in Education Market
● Based
on component outlook, the solutions segment held the largest share in the
global AI in education market in 2021. The segment is anticipated to retain its
dominance further in the market during the forecast period of 2022-2030.
● Based
on the deployment outlook, the cloud segment held the largest share in the
global AI in education market in 2021. The segment is anticipated to retain its
dominance further in the market during the forecast period of 2022-2030.
● Based
on the technology outlook, the machine learning segment dominated the global AI
in education market in 2021.
● Based
on application, the learning platform and virtual facilitators segment held the
largest share in the global AI in education market in 2021.
● Based
on region, North America led the global AI in education market in 2021,
followed by Europe and the Asia Pacific. The region is anticipated to remain
dominant throughout the forecast period of 2022-2030.
● Based
on region, the Asia Pacific region is expected to achieve the highest growth in
the global AI in education market during the forecast period of 2022-2030.
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analysis, and new technologies to create trusted intelligence on industries.
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essential market data of industry, and it is primarily driven by an in-depth
study covering the following parameters: Market
Sizing and Forecasting, Market Segmentation,
Competitive Analysis, Strategic
Assessment and Business Modelling.
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