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Artificial Intelligence Market in the US Education Sector to Grow at a CAGR of 47.50% During the Period 2017 - 2021; Finds New Report

Market Research Reports, Inc. has announced the addition of “Artificial Intelligence Market in the US Education Sector 2017 - 2021” research report to their website


Lewes, DE -- (SBWIRE) -- 03/27/2017 -- Report forecast the artificial intelligence market in the US education sector to grow at a CAGR of 47.50% during the period 2017-2021.

Artificial intelligence analyzes huge data sets at granular levels. These data can potentially help both students and mentors who are involved in the developmental and personalized education process. Irrespective of the subject, these solutions have capabilities to create personalized learning profiles for students. The technology helps educators to develop optimized learning processes for every student.

The report covers the present scenario and the growth prospects of the artificial intelligence market in the US education sector for 2017-2021. To calculate the market size, the report considers the revenue generated through sales of artificial intelligence software-based products and complementary services to customers in the education market.

According to the report, one driver in market is upsurge in ITS. The US education industry is yet to experience critically important artificial intelligence applications. So far, the artificial intelligence field has offered ITSs, which have been developed with an amalgamation of machine learning technologies. These systems are designed in such a manner that they can interact directly with students without any human intervention. They are capable of teaching varied subjects, such as mathematics, languages, physics, law, and medicine. They are different from traditional computer-aided instruction systems owing to their ability to interpret complex human responses while simultaneously teaching. This system can analyze student learning patterns. In addition, they can understand levels along with adjusting their content focus and feedback.

Further, the report states that one challenge in market is budget limitations. The deployment of artificial intelligence-based products within classrooms is an expensive affair. Although the availability of these products is increasing, the high price range is making them difficult for price-sensitive customers to procure. Certain schools, which are prone to challenges such as poor funding, can be apprehensive about implementing such solutions to support new learning and teaching methods. They are burdened with tasks of education overhaul as mandated by the US government. They are required to divert a major amount of the capital toward the digitalization of the education system. As a result, they are left with a lesser amount of money to carry out the incorporation of expensive artificial intelligent educational materials.

Artificial Intelligence Market in the US Education Sector 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the artificial intelligence market in the US education sector: Cognii, IBM, Nuance Communications, and Quantum Adaptive Learning.

Other Prominent Vendors in the market are: ALEKS, Blackboard, DreamBox Learning, Jenzabar, Microsoft, and Pearson.

Market driver
- Growing collaboration among vendors and institutions.
- For a full, detailed list, view our report

Market challenge
- Steering cognition developments.
- For a full, detailed list, view our report

Market trend
- Artificial intelligence services through mobile devices.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 60 pages and 19 Exhibits "Artificial Intelligence Market in the US Education Sector 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by end-user, Market segmentation by model, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Other prominent vendors, Appendix.

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