Artificial Intelligence in Education Market Research Report by Forecast to 2023


Posted October 18, 2018 by son1ane

Artificial Intelligence in Education Market Research Report, Application (Content Delivery Systems),
 
Market Synopsis:
Artificial Intelligence (AI) provides machines with intelligent capabilities such as learning, processing, identifying data patterns, speech recognition, and others. AI benefits the education sector with features such as personalized learning, additional educational support and assessment and student engagement. AI in education is still in a primitive stage which is expected to have many more advancements in the forthcoming years.

Artificial Intelligence in Education Market in the education sector, with the help of technologies such as machine learning and natural learning, assists in monitoring the students’ capability and enhancing the learning process as per the students requirement. AI in education focuses on individual learning and monitoring which helps the students to understand the topic at their own pace. AI offers interactive and customized software tools integrated with augmented and virtual reality deployed on digital devices such as smartphones, tablets and wearable devices for students of all grades. The digital interactive content accelerates a student’s learning and understanding process. Deploying AI for education will enhance the learning environment with a special focus on implementing experimental and analytical learning, helping students to attain a clear understanding of the concept.

AI in education helps to reduce the time required for administrative tasks such as grading and admissions, which can help the institutions in giving equal focus to individual students and plan the lessons accordingly. The use of AI in the education system will bring opportunities for behavior management, which helps in understanding the behavior pattern of students through face recognition capabilities.

A major restraint that lies with AI is integration of AI-based solutions and lack of technical expertise due to complex algorithms.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/6365

Major Key Players:
The prominent players in the market of AI in education are, IBM Corporation (US), Microsoft Corporation (US), Google (US), Amazon.com, Inc., (US), Cognizant (US), Pearson (UK), Bridge-U (UK), DreamBox Learning (US), Fishtree (US), Jellynote (France), Jenzabar, Inc., (US).
Other players in the market include Knewton, Inc., (US), Metacog, Inc., (US), Querium Corporation. (US), Century-Tech Ltd (UK), Blackboard, Inc., (US), Third Space Learning (UK), Quantum Adaptive Learning, LLC (US).

Industry News:
In July 2018, IBM Watson Education has collaborated with Edmodo, a subsidiary of NetDragon Websoft Holdings Limited, to design and develop individualized tools and cognitive library services on Edmondo’s existing learning platform with recommendation feature which will help the educators to understand the need of each student and reduce learning gaps.

Access PR Details @ https://www.marketresearchfuture.com/press-release/artificial-intelligence-education-market

Segmentation:
The market for AI in education has been broadly segmented into deployment, components, technology, and application.
• By deployment, the market is segmented into on-premise and on-cloud.
• By component, the market is segmented into software and services.
• By technology, the market is segmented into machine learning and natural learning process (NLP).
• By application, the market is segmented into intelligent tutoring systems, virtual facilitators, content delivery systems, interactive websites, and chatbot’s among others.

Regional Analysis:
The market for AI in education is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of AI in education market is studied for North America, Europe, Asia-Pacific, and the rest of the world.

North America is expected to dominate the market owing to early adoption of technologies such as artificial intelligence, machine learning, digital learning, and others. North America has always been leading in innovations and technological advancements, which can be attributable to high investments in research and developments in the field of AI technology.

Asia-Pacific is expected to grow at a significant pace during the forecast period, fuelled by emerging economies like India, China, and South Korea. Due to increasing government initiatives to support digitalization, automation, and growing adoption of cloud-based services in these countries, the market for AI in education in Asia-Pacific is expected to grow with the highest CAGR.

The AI in education market is expected to reach an approximate market value of USD 2 billion by 2023 growing at a 38% CAGR during the forecast period 2018–2023.

Access Report Details @ https://www.marketresearchfuture.com/reports/artificial-intelligence-education-market-6365

Intended Audience:
• Education Institutions
• Software Service Providers
• Organizations, Firms, Enterprises
• Government Bodies and Departments
• Management Universities
• Managed Service Providers
• Professional Service Providers
• Software Developers
• Educational Publishers
• Chanel Partners
• Third-Party providers
• Market Research and Consulting Firms

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Market Research Future
Phone 08411985042
Business Address Market Research Future Office No. 524/528,
Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028
Country India
Categories Business , Computers , Technology
Tags artificial intelligence in education market , artificial intelligence in education market forecast , artificial intelligence in education market size , artificial intelligence in education market trends
Last Updated October 18, 2018