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AI Tool for Education Market Is Thriving Worldwide : IBM Watson, Microsoft Education, Duolingo

Global AI Tool for Education Market Breakdown by Application (Virtual Facilitators and Learning Environments, ITS, Fraud and Risk Management, Others) by Type (Solutions, Services) by Technology (Deep Learning and ML, NLP) and by Geography (North America, South America, Europe, Asia Pacific, MEA)

 

Pune, Maharashtra -- (SBWIRE) -- 11/15/2023 -- According to HTF Market Intelligence, the Global AI Tool for Education market to witness a CAGR of 42.1% during the forecast period (2023-2029). The Latest Released AI Tool for Education Market Research assesses the future growth potential of the AI Tool for Education market and provides information and useful statistics on market structure and size.

This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers, challenges, opportunities and constraints in the AI Tool for Education market. The AI Tool for Education market size is estimated to increase by USD 25.4 Billion at a CAGR of 42.1% by 2029. The report includes historic market data from 2023 to 2029. The Current market value is pegged at USD 5.7 Billion.

The Major Players Covered in this Report: Duolingo (United States), Coursera (United States), Khan Academy (United States), Udacity (United States), IBM Watson (United States), Microsoft Education (United States), Carnegie Learning (United States), Cognii (United States), Century Tech (United Kingdom), Squirrel AI Learning (China)

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Definition:
The "AI Tool for Education Market" refers to the segment of the educational technology (EdTech) industry that focuses on the development, implementation, and utilization of artificial intelligence (AI) technologies and tools to enhance various aspects of the education sector. These tools leverage AI algorithms, machine learning, natural language processing, and data analytics to improve teaching, learning, administrative processes, and overall educational outcomes.

Market Trends:
The trend toward personalized education experiences continues to drive the development of AI tools that adapt content and pacing to individual student needs.
AI tools are increasingly used to analyze student data, providing insights into learning patterns, areas of improvement, and interventions.
The rise of hybrid learning environments (combining online and in-person learning) is accelerating the adoption of AI tools that facilitate seamless transitions between modes.

Market Drivers:
The integration of technology in education is a major driver, with AI tools being seen as transformative solutions for enhancing learning experiences.
AI tools cater to diverse learning styles and abilities, addressing the need for inclusive education.
The ability to analyze large volumes of data in real-time drives the adoption of AI tools for informed educational decisions.

Market Opportunities:
AI tools enable education to be accessible to learners worldwide, overcoming geographic barriers and reaching underserved populations.
AI-driven assessments provide immediate and tailored feedback to learners, promoting deeper understanding and improvement.
AI tools can assist educators by automating administrative tasks, providing insights, and offering resources to enhance teaching methods.

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The titled segments and sub-sections of the market are illuminated below:
In-depth analysis of Marine Propulsion Engines market segments by Types: Solutions, Services
Detailed analysis of Marine Propulsion Engines market segments by Applications: Virtual Facilitators and Learning Environments, ITS, Fraud and Risk Management, Others

Major Key Players of the Market: Duolingo (United States), Coursera (United States), Khan Academy (United States), Udacity (United States), IBM Watson (United States), Microsoft Education (United States), Carnegie Learning (United States), Cognii (United States), Century Tech (United Kingdom), Squirrel AI Learning (China)

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report:
- -To carefully analyse and forecast the size of the AI Tool for Education market by value and volume.
- -To estimate the market shares of major segments of the AI Tool for Education market.
- -To showcase the development of the AI Tool for Education market in different parts of the world.
- -To analyse and study micro-markets in terms of their contributions to the AI Tool for Education market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the AI Tool for Education market.
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the AI Tool for Education market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

Global AI Tool for Education Market Breakdown by Application (Virtual Facilitators and Learning Environments, ITS, Fraud and Risk Management, Others) by Type (Solutions, Services) by Technology (Deep Learning and ML, NLP) and by Geography (North America, South America, Europe, Asia Pacific, MEA)

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Key takeaways from the AI Tool for Education market report:
– Detailed consideration of AI Tool for Education market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
– Comprehensive valuation of all prospects and threats in the
– In-depth study of industry strategies for growth of the AI Tool for Education market-leading players.
– AI Tool for Education market latest innovations and major procedures.
– Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
– Conclusive study about the growth conspiracy of AI Tool for Education market for forthcoming years.

Major questions answered:
- What are influencing factors driving the demand for AI Tool for Education near future?
- What is the impact analysis of various factors in the Global AI Tool for Education market growth?
- What are the recent trends in the regional market and how successful they are?
- How feasible is AI Tool for Education market for long-term investment?

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Major highlights from Table of Contents:
AI Tool for Education Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of Global AI Tool for Education Market Size & Growth Outlook 2023-2029 market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Global AI Tool for Education Market Size & Growth Outlook 2023-2029 Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- AI Tool for Education Market Production by Region AI Tool for Education Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in AI Tool for Education Market Report:
- AI Tool for Education Overview, Definition and Classification Market drivers and barriers
- AI Tool for Education Market Competition by Manufacturers
- AI Tool for Education Capacity, Production, Revenue (Value) by Region (2023-2029)
- AI Tool for Education Supply (Production), Consumption, Export, Import by Region (2023-2029)
- AI Tool for Education Production, Revenue (Value), Price Trend by Type {Solutions, Services}
- AI Tool for Education Market Analysis by Application {Virtual Facilitators and Learning Environments, ITS, Fraud and Risk Management, Others}
- AI Tool for Education Manufacturers Profiles/Analysis AI Tool for Education Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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