Artificial Intelligence Market in Western Europe Education Sector 2017-2021 - IBM, Nuance Communications, Smilart, SoftBank Robotics

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Albany, NY -- (SBWire) -- 09/21/2017 --Artificial intelligence (AI) is a science that deals with the design and development of computer systems to replicate human intelligence through a wide array of methodologies. Irrespective of the subject, AI solutions have the capability to create personalized learning profiles for students. The technology helps educators to develop optimized learning processes for every student. The AI and machine learning are making ripples in the education sector even on a global scale. The educators are interested in exploring AI technologies to facilitate and advance their teaching and learning activities.

The artificial intelligence market in western europe education sector to grow at a CAGR of 38.37% during the period 2017-2021. The report covers the present scenario and the growth prospects of the artificial intelligence market in western europe education sector for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of artificial intelligent software-based products and complementary services to educational institutions in Western Europe.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Artificial Intelligence Market In Western Europe 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 vendors
- IBM
- Nuance Communications
- Smilart
- SoftBank Robotics

Other prominent vendors
- ALEKS
- Blackboard
- DreamBox Learning
- eDreams Edusoft
- Jenzabar
- Microsoft
- Pearson

Market driver
- Rise in STEM education demands
- For a full, detailed list, view our report

Market challenge
- Restricted profitability of products
- For a full, detailed list, view our report

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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?

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View this press release online at: http://rwire.com/868532