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+47% CAGR to Be Achieved by AI in Education Market by 2023 – Know About Growth Factors by Technology, Application, Component (Solutions, Services) and Regions

This market research report on AI in Education Market studied by Technology (Deep Learning and ML, NLP), Application (Virtual Facilitators and Learning Environments, ITS, CDS, Fraud and Risk Management), Component (Solutions, Services), Top Companies (IBM, Microsoft, Bridge-U, Jellynote, Jenzabar, Knewton, Google, AWS, Cognizant, Century-Tech, Cognii, Nuance Communications, Pearson), Organization Size and Regions.

 

Pune, India -- (SBWIRE) -- 06/25/2018 -- AI in education market is driven by the integration of the Intelligent Tutoring System (ITS) in the learning process. ITS is one of the advanced applications of AI aimed at providing immediate and personalized feedback and instructions to learners without the intervention of a human tutor. The numerous benefits offered by the system is major factor augmenting its demand. It assists students in improving their learning styles, offering personalized tutoring and high-quality education by gauging their pre-existing knowledge and learning. The platform collects data points and employs machine learning and predictive models to determine individual knowledge and skill levels and analyze the performance.

The Global AI in Education Market is estimated to grow at a Compound Annual Growth Rate (CAGR) of +47% during forecast period.

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New research report on the global AI in Education market answers some of the most critical questions stakeholders are currently facing across the globe. Information about the size of the market (by the end of the forecast year), companies that are most likely to scale up their competitive abilities, leading segments, and challenges impeding the growth of the market are given.

Top Companies Profiled in this Report includes, IBM (US), Microsoft (US), Bridge-U (UK), DreamBox Learning (US), Fishtree (US), Jellynote (France), Jenzabar (US), Knewton (US), Metacog (US), Querium Corporation (US), Google (US), AWS (US), Cognizant (US), Carnegie Learning (US), Century-Tech (UK), Cognii (US), Elemental Path (US), Liulishuo (China), Nuance Communications (US), Osmo (US), Pearson (UK)

After studying key companies, the report focuses on the startups contributing towards the growth of the market. Possible mergers and acquisitions among the startups and key organizations are identified by the report's authors in the study. Most companies in the AI in Education market are currently engaged in adopting new technologies, strategies, product developments, expansions, and long-term contracts to maintain their dominance in the global AI in Education market. With the advent of new technologies on a regular basis, players are striving hard to incorporate the latest technology to gain a competitive edge above the rest.

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For a detailed competitive analysis, the Global AI in Education Market is segmented on the basis of region, application, and product type. By region, the global sales market is divided into Asia-pacific, Europe, Latin America, the Middle East and Africa, and North America. Major industries are concentrating on distributing their products and services across various provinces. Moreover, acquisitions and unions from some of the leading administrations are on the cards in the near future. Efforts are being taken by most of the companies to improve their research and development activities to introduce innovations. All these factors are predicted to propel the Global AI in Education Market.

The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the AI in Education market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the AI in Education market

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Table of Contents
Global AI in Education Market Research Report
Chapter 1 AI in Education Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global AI in Education Market Forecast