The global artificial intelligence in the education sector market is expected to reach amarket size of USD 17.83 Billion by 2027 and register a significantly high CAGR, according to latest analysis by Emergen Research. 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. Rising venture capital funding in EdTech companies is also expected to boost growth of the global artificial intelligence in the education sector market over the next few years.
The Artificial Intelligence in the Education Sector Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Artificial Intelligence in the Education Sector market. The report offers in-depth research and assessment of the key elements of the global Artificial Intelligence in the Education Sector market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Artificial Intelligence in the Education Sector market.
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Top competitors of the Artificial Intelligence in the Education Sector Market profiled in the report include:
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.
Some Key Highlights from the Report
- 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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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
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
The regional analysis states the global market is bifurcated into North America, Europe, Latin America, Asia-Pacific, and Middle East & Africa. The report also covers import export consumption, supply and demand ratio, cost, pricing analysis, gross margin, and revenue estimation of each player in each region. The report also offers a country-wise analysis of the key regions to offer a better understanding of the global market.
Regional Segmentation Covers:
North America (U.S., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report further sheds light on the strength, weaknesses, opportunities, and threats faced by the companies in the global Artificial Intelligence in the Education Sector market and additionally measures the feasibility and investment return analysis in the report. Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market and covers the initial and future assessment of the COVID-19 impact on the market. The report is a qualitative and quantitative assessment of the global Artificial Intelligence in the Education Sector market that has been formulated by extensive primary and secondary research with the data further validated from industry experts and professionals.
Key Reasons to Buy This Report:
- The report presents a thorough examination of the Artificial Intelligence in the Education Sector market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
- The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
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