The Artificial Intelligence in Education Sector Market

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

• Cloud-based
• On-premises

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

Free and Paid Customization based on the requirement

Report Content

1.      Introduction

1.1.       Key Points

1.2.      Report Description

1.3.      Markets Covered

1.4.      Stakeholders

2.     Research Methodology

2.1.      Research Scope

2.2.     Research Methodology

2.2.1.     Market Research Process

2.2.2.    Research Methodology

2.2.2.1.           Secondary Research

2.2.2.2.          Primary Research

2.2.2.3.          Models for Estimation

2.3.     Market Size Estimation

2.3.1.     Bottom-Up Approach

2.3.2.    Top-Down Approach

3.     Executive Summary

4.    Market Overview

4.1.      Introduction

4.2.     Drivers

4.3.     Restraints

4.4.     Opportunities

4.5.     Challenges

5.     Artificial Intelligence in Education Sector Market, By Deployment

5.1.      Key Points

5.2.  Cloud-based

5.3.  On-premises

6.    Artificial Intelligence in Education Sector Market, By Technology

6.1.      Key Points

6.2. Natural Language Processing

6.3. Deep Learning

6.4. Machine Learning

7.     Artificial Intelligence in Education Sector Market, By Application

7.1.      Key Points

7.2.  Virtual Learning Environment

7.3.  Smart Content

7.4.  Intelligent Tutoring Systems

7.5.  Others

8.    Artificial Intelligence in Education Sector Market, By End-use

8.1.      Key Points

8.2. K-12 Education

8.3. Higher Education

8.4. Corporate Learning

9.    Competitive Landscape

9.1.      Introduction

9.2.     Start-up companies- Artificial Intelligence in Education Sector Market

9.3.     Recent Developments

9.3.1.     Mergers & Acquisitions

9.3.2.    New Product Developments

9.3.3.    Portfolio/Production Capacity Expansions

9.3.4.    Joint Ventures, Collaborations, Partnerships & Agreements

9.3.5.     Others

10.            Company Profile

10.1.                    IBM

10.2.                   Microsoft

10.3.                   Bridge-U

10.4.                   DreamBox Learning

10.5.                   Fishtree

10.6.                   Jellynote

10.7.                    Jenzabar

10.8.                   Knewton

10.9.                   Metacog

10.10.               Querium Corporation

10.11.                 Google

10.12.                AWS

10.13.                Cognizant

10.14.                Carnegie Learning

10.15.                Century-Tech

10.16.                Cognii

10.17.                Elemental Path

10.18.               Liulishuo

10.19.                Nuance Communications

10.20.              Osmo

10.21.                Pearson