Artificial
intelligence (AI) is a computer program to replicate the human intelligence and
improvement of intelligent machines and software required for the specific
task. Artificial Intelligence in education sector assists in finding out what a
student does and does not know, creating a personalized study schedule for each
learner taking into account the knowledge gaps. In such a way, AI tailors
studies as per the student’s specific requirements, enhancing their efficiency.
A major trend observed in the AI market in education sector is the rising emphasis
on conversational learning. With the increase in emphasis on digitization and
e-learning, conversational learning has become a vital aspect of education around
the world. Conversational learning is an aspect in which content is displayed
as a two-way conversation. Teaching using conversational learning solutions
makes the process more interactive, interesting and personalized for students.
Chatbots, in this regard, has a vital role in the process of learning, as they
can be programmed as per the learner’s requirements. In addition, the
chatbots provide students pertinent content, which further leads to the
successful accomplishment of the course and also helps save their time. The
students can communicate with the chatbot via text or voice for
information on course structure, timetable and campus facilities. Apart from
this, it associates students with personal tutors for other education-related
queries. Rising demand for AI-enabled personalized education solutions is a major
factor propelling the growth of the artificial intelligence market in education
sector, worldwide. Personalized learning solutions enable a better
understanding of students and their educational interests, background and
academic goals, which, in turn, assists in creating a personalized educational
experience for them. Students can design courses as per their requirements and
also attain feedback about to their progress throughout the course. However,
the sluggish digitalization rate impacting the adoption of the AI
technology in developing economies which is limiting the market growth
Furthermore,
the rising demand for information technology schools will boost the growth of
the Artificial Intelligence in Education Sector. Information technology
schools uses combination of the learner, pedagogical and domain models. The
domain model maps the content which should be learned by students and describes
the prerequisites and dependencies among the content elements. Information
technology schools also compare the present knowledge level of students with
past data, thereby providing the pedagogically proper unit of instruction to
students.
The
global Artificial Intelligence in Education Sector Market is segregated on the
basis of Deployment as Cloud-based and On-premises. Based on Technology the
global Artificial Intelligence in Education Sector Market is segmented in Natural
Language Processing, Deep Learning and Machine Learning. Based on Application the
global Artificial Intelligence in Education Sector Market is segmented in Virtual
Learning Environment, Smart Content, Intelligent Tutoring Systems and Others. Based
on End-use the global Artificial Intelligence in Education Sector Market is
segmented in K-12 Education, Higher Education and Corporate Learning.
The
global Artificial Intelligence in Education Sector Market report provides
geographic analysis covering regions, such as Europe, North America, Asia
Pacific, and Rest of The World. The Artificial Intelligence in Education Sector
Market for each region is further segmented for major countries including the
U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil,
South Africa, and others.
Competitive Analysis
IBM, Microsoft,
Bridge-U, DreamBox Learning, Fishtree, Jellynote and others are among the major
players in the global Artificial Intelligence in Education Sector Market. The
companies studied in terms of product strategy and various n several growth and
expansion strategies to gain a competitive edge in the market. The major
players not only follow value chain integration with business operations in
multiple stages of the value chain.
- In April
2018, Amazon made a partnership with Edhesive, a provider of computer science
curriculum to schools. According to the partnership, AWS would sponsor schools
to execute Edhesive’s curriculum.
- In March
2018, Microsoft made improvements to its Cognitive Services tools which include
Face API, Bing Entity Search and Microsoft Custom Vision Service. The inclusion
of new cloud-hosted APIs would support developers easily include AI
capabilities to several applications.
- In
February 2018, Google introduced Learn with Google, an AI website to offer and
support education in the domain of AI.
- In
February 2018, Pearson collaborated with Microsoft Research Asia (MSRA) for 3
years to incorporate AI abilities into market-leading English language learning
curriculum.
The global Artificial Intelligence in Education
Sector Market has been segmented as below:
Artificial
Intelligence in Education Sector Market, By Deployment
Artificial
Intelligence in Education Sector Market, By Technology
- Natural Language Processing
- Deep Learning
- Machine Learning
Artificial
Intelligence in Education Sector Market, By Application
- Virtual Learning Environment
- Smart Content
- Intelligent Tutoring Systems
- Others
Artificial
Intelligence in Education Sector Market, By End-use
- K-12 Education
- Higher Education
- Corporate Learning
Artificial
Intelligence in Education Sector Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Artificial
Intelligence in Education Sector Market, By Company
- IBM
- Microsoft
- Bridge-U
- DreamBox Learning
- Fishtree
- Jellynote
- Jenzabar
- Knewton
- Metacog
- Querium Corporation
- Google
- AWS
- Cognizant
- Carnegie Learning
- Century-Tech
- Cognii
- Elemental Path
- Liulishuo
- Nuance Communications
- Osmo
- Pearson
The
report covers the below scope:
- Global Artificial Intelligence in
Education Sector Market sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global Artificial Intelligence in
Education Sector Market trends, covering comprehensive range of consumer trends
& manufacturer trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global Artificial
Intelligence in Education Sector Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global Artificial Intelligence in Education
Sector Market report scope includes detailed study covering underlying factors
influencing the industry trends. The report covers analysis on regional and
country level market dynamics. The scope also covers competitive overview
providing company market shares along with company profiles for major revenue
contributing companies. The report scope includes detailed competitive outlook
covering market shares and profiles key participants in the global Artificial
Intelligence in Education Sector Market share. Major industry players with
significant revenue share include IBM, Microsoft, Bridge-U,
DreamBox Learning, Fishtree, Jellynote
and others.
Why to
Buy this Report:
- Gain detailed insights on the Artificial Intelligence in Education Sector industry trends
- Find complete analysis on the
market status
- Identify the Artificial
Intelligence in Education Sector Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
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