Educating the Future: Insights into the AI in Education Market by 2029

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AI in Education Market size was valued at US$ 2.90 Bn. in 2022 and the total revenue is expected to grow at 43.8% through 2023 to 2029, reaching nearly US$ 36.93 Bn.

AI in Education Market  Growth or Demand Increase For Decrease For What Contain :

The market is witnessing rapid growth driven by the demand for personalized and adaptive learning solutions, the need to address learning gaps, and the integration of AI-driven assessments and content recommendations.

AI in Education Market  CAGR Estimation :

AI in Education Market size was valued at US$ 2.90 Bn. in 2022 and the total revenue is expected to grow at 43.8% through 2023 to 2029, reaching nearly US$ 36.93 Bn.

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AI in Education Market  Segmentation :

by Deployment

On-Premise
Cloud

According to Deployment, Based on deployment, the AI in Education Market is divided into On-Premise and Cloud segments. Through 2029, the cloud segment of the AI in education market is anticipated to develop at a 50% CAGR. The rise is ascribed to increased usage of cloud services, which reduces ownership costs for educational establishments and enables them to fund the infrastructural upgrades required to deliver top-notch instruction. It also makes it possible for universities and colleges to add cutting-edge technology to their existing infrastructure without having to pay a hefty price.

by Component

Solutions
Services

The market for artificial intelligence in education is divided into two segments: services and solutions. Due to increased government funding and technological improvements, there has been a surge in demand for AI-enabled solutions and services in educational organisations. As a result, the Services component is expected to grow at a quicker CAGR throughout the projected period.

by Technology

Deep Learning & ML
NLP

Based on Technology: Deep Learning & ML and NLP are the two segments of the AI in Education Market. NLP technology is anticipated to increase more quickly than machine learning and deep learning technology over the estimated period. This quick rise can be attributed to rising demand for virtual assistance in colleges and K–12 schools, as well as more investments in cutting-edge technology by educational institutions. Additionally, the education industry is using more and more NLP technology to help read digitally recorded information and comprehend human languages from a variety of data sets.

by Application

Virtual Facilitators & Learning Environments
ITS
CDS
Fraud and Risk Management

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AI in Education Market  Growth or Demand in Which regions ??

North America leads the global AI in education market, driven by robust investments in educational technology (EdTech) and a strong focus on innovation in learning solutions. Europe follows closely, with initiatives to enhance digital literacy and modernize educational practices. The Asia-Pacific region is expected to experience the highest growth rate, supported by expanding internet penetration, increasing smartphone adoption, and government initiatives to promote digital education.

AI in Education Market  Scope and Methodology :

The "AI in Education Market " report provides a comprehensive analysis of market dynamics, including growth drivers, restraints, and regional insights crucial for understanding market evolution from 2024 to 2030. The report employs a robust research methodology, integrating industry-validated data, historical trends, and reliable projections.

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AI in Education Market  Key Players :

1.IBM (US)
2. Microsoft (US)
3. Bridge-U (UK)
4. DreamBox Learning (US)
5. Fishtree (US)
6. Jellynote (France)
7. Jenzabar (US)
8. Knewton (US)
9. Metacog (US)
10. Querium Corporation (US)
11. Google (US)
12. AWS (US)
13. Cognizant (US)
14. Carnegie Learning (US)
15. Century-Tech (UK)
16. Cognii (US)
17. Elemental Path (US)
18. Liulishuo (China)
19. Nuance Communications (US)
20. Osmo (US)
21. Pearson (UK)
22. Third Space Learning (UK)

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Key questions in the AI in Education Market  are : 

  • What is AI in Education Market ?
    • What is the growth rate of the AI in Education Market ?
    • Which are the factors expected to drive the AI in Education Market  market growth?
    • What are the different segments of the AI in Education Market ?
    • What growth strategies are the players considering to increase their presence in AI in Education Market ?
    • What are the upcoming industry applications and trends for the AI in Education Market ?
    • What are the recent industry trends that can be implemented to generate additional revenue streams for the AI in Education Market ?
    • What major challenges could the AI in Education Market  face in the future?
    • What segments are covered in the AI in Education Market ?
    • Who are the leading companies and what are their portfolios in AI in Education Market ?
    • What segments are covered in the AI in Education Market ?
    • Who are the key players in the AI in Education Market  market?

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