Artificial Intelligence Market in the Education Sector to Grow by USD 1,100.07 million from 2022 to 2027 | The increasing emphasis on customized learning paths using AI drives market growth - Technavio

NEW YORK, Oct. 22, 2023 /PRNewswire/ -- The artificial intelligence market in the education sector is estimated to increase by USD 1,100.07 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 41.14% during the forecast period. The increasing emphasis on customized learning paths using AI drives the market growth during the forecast period. There is an increasing focus on ML technologies by teachers in order to collect student data to extract actionable insights into students' performance and thereby make informed decisions. Machine learning is widely used to generate personalized learning pathways for students. ML algorithms collect various student data to assess the academic areas where a student might be facing challenges and assist him/her by offering customized materials and different exercises and lessons to help the student succeed. Additionally, other AI applications utilize deep learning and Natural Language Generation (NLG) to generate and deliver customized content. There is increasing adoption of AI-based content delivery by several companies. hence, such factors are expected to drive market growth during the forecast period. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report -Request a sample report

Artificial Intelligence Market In The Education Sector – Vendor Analysis Vendor Landscape - The global artificial intelligence market in the education sector is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer artificial intelligence in the education sector in the market are 2U Inc., Alphabet Inc., Amazon.com Inc., Brainly, Carnegie Learning Inc., Century Tech Ltd., Cognii Inc., Cognizant Technology Solutions Corp., DreamBox Learning Inc., Fishtree Inc., International Business Machines Corp., Jenzabar Inc., John Wiley and Sons Inc., Kaltura Inc., LAIX Inc., McGraw Hill LLC, Microsoft Corp., n2y LLC, Pearson Plc, and Quantum Adaptive Learning LLC and others.

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• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Vendor Offerings -

• 2U Inc: The company offers artificial intelligence in the education sector through its subsidiary Querium.
• Alphabet Inc: The company offers artificial intelligence in the education sector such as iSchoolConnect.
• Century Tech Ltd: The company offers artificial intelligence in the education sector such as Century AI.
• For details on the vendor and its offerings – Request a sample report

Artificial Intelligence Market in the Education Sector - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on End-user (Higher education and K-12), and Geography (North America, Europe, APAC, South America, and Middle East and Africa). 

The market share growth by the higher education segment is significant during the forecast period. There is increasing adoption of tools across colleges and universities that enhance the quality of education and ensure that students are offered an experiential learning environment. Hence, in order to offer experiential learning environments, there is an increase in the adoption of  AI solutions such as Watson by IBM across universities to automate different administrative tasks at a lower cost and with fewer errors. Furthermore, there is rising adoption of AI virtual assistants that can tutor and guide students as well as teachers. Hence, such factors are expected to drive market growth during the forecast period.

Geography Overview

By geography, the global artificial intelligence market in the education sector is segmented into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global artificial intelligence market in the education sector.

North America is estimated to account for 43% of the growth of the global market during the forecast period. Factors such as advancement in technology and simultaneous implementation of technology in the education sector are significantly contributing to the global artificial intelligence market in the education sector in North America. Some of the key countries which are significantly contributing to the market growth in North America include the US and Canada, with their increasing implementation of AI in the education sector. Additionally, In the US, there is increasing research on AI by several universities, such as Stanford University and Duke University, which is positively impacting the market. Hence, such factors are expected to drive market growth in the region during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Artificial Intelligence Market in the Education Sector – Market Dynamics

Key Trends - 

The increased emphasis on chatbots is a primary trend in the market during the forecast period. There is a growing popularity for the use of chatbots across schools and universities. Chatbots utilize advanced artificial intelligence, machine learning, and deep learning technologies in addition to storing, processing, and exchanging information with students. There is an increasing adoption of chatbots in schools and colleges as they are able to perform different tasks, such as talking to students and replying to questions. Additionally, it is significantly used for evaluating and correcting assessments made by students. Besides these features, one of the main advantages of chatbots is that it helps to identify the study pattern of each student and assist teachers in providing personalized learning to students. Hence, such factors are expected to drive market growth during the forecast period.

Major challenges - 

The high cost of implementation of AI may impede market growth during the forecast period. The implementation and maintenance of AI software across schools and colleges are very expensive. Hence, the installation of such software needs significant funding and investments, and high research on its applicability. Additionally, there is a decline in state and local government funding for such initiatives, which negatively impacts the market. Therefore the high cost of implementation of AI hinders schools from offering students with better learning environments and resources. Furthermore, factors such as high R&D costs related to the development of AI solutions, high capital expenditure, and the risk of product sustainability hinder market growth during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Artificial Intelligence Market In The Education Sector report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the artificial intelligence market in the education sector between 2023 and 2027
• Precise estimation of the artificial intelligence market size in the education sector and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the artificial intelligence market in the education sector across North America, Europe, APAC, South America, and the Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of the artificial intelligence market vendors in the education sector

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Learning Method
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (USD million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (USD million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global artificial intelligence market in the education sector 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global artificial intelligence market in the education sector 2017 - 2021 (USD million)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 (USD million)

• 4.3 Learning Method Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Learning Method Segment 2017 - 2021 (USD million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (USD million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (USD million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Higher education - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Higher education - Market size and forecast 2022-2027 (USD million)
• Exhibit 35: Data Table on Higher education - Market size and forecast 2022-2027 (USD million)
• Exhibit 36: Chart on Higher education - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Higher education - Year-over-year growth 2022-2027 (%)

• 6.4 K-12 - Market size and forecast 2022-2027 
• Exhibit 38: Chart on K-12 - Market size and forecast 2022-2027 (USD million)
• Exhibit 39: Data Table on K-12 - Market size and forecast 2022-2027 (USD million)
• Exhibit 40: Chart on K-12 - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on K-12 - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by End-user 
• Exhibit 42: Market opportunity by End-user (USD million)
• Exhibit 43: Data Table on Market opportunity by End-user (USD million)

7 Market Segmentation by Learning Method

• 7.1 Market segments
• Exhibit 44: Chart on Learning Method - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Learning Method - Market share 2022-2027 (%)

• 7.2 Comparison by Learning Method 
• Exhibit 46: Chart on Comparison by Learning Method
• Exhibit 47: Data Table on Comparison by Learning Method

• 7.3 Learner model - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Learner model - Market size and forecast 2022-2027 (USD million)
• Exhibit 49: Data Table on Learner model - Market size and forecast 2022-2027 (USD million)
• Exhibit 50: Chart on Learner model - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Learner model - Year-over-year growth 2022-2027 (%)

• 7.4 Pedagogical model - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Pedagogical model - Market size and forecast 2022-2027 (USD million)
• Exhibit 53: Data Table on Pedagogical model - Market size and forecast 2022-2027 (USD million)
• Exhibit 54: Chart on Pedagogical model - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Pedagogical model - Year-over-year growth 2022-2027 (%)

• 7.5 Domain model - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Domain model - Market size and forecast 2022-2027 (USD million)
• Exhibit 57: Data Table on Domain model - Market size and forecast 2022-2027 (USD million)
• Exhibit 58: Chart on Domain model - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Domain model - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Learning Method 
• Exhibit 60: Market opportunity by Learning Method (USD million)
• Exhibit 61: Data Table on Market opportunity by Learning Method (USD million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 67: Chart on North America - Market size and forecast 2022-2027 (USD million)
• Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 (USD million)
• Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 (USD million)
• Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 (USD million)
• Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 (USD million)
• Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 (USD million)
• Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 79: Chart on South America - Market size and forecast 2022-2027 (USD million)
• Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 (USD million)
• Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 (USD million)
• Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (USD million)
• Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 (USD million)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 (USD million)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 91: Chart on China - Market size and forecast 2022-2027 (USD million)
• Exhibit 92: Data Table on China - Market size and forecast 2022-2027 (USD million)
• Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027 
• Exhibit 95: Chart on UK - Market size and forecast 2022-2027 (USD million)
• Exhibit 96: Data Table on UK - Market size and forecast 2022-2027 (USD million)
• Exhibit 97: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 (USD million)
• Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 (USD million)
• Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027 
• Exhibit 103: Chart on Canada - Market size and forecast 2022-2027 (USD million)
• Exhibit 104: Data Table on Canada - Market size and forecast 2022-2027 (USD million)
• Exhibit 105: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography (USD million)
• Exhibit 108: Data Tables on Market opportunity by geography (USD million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 2U Inc.
• Exhibit 115: 2U Inc. - Overview
• Exhibit 116: 2U Inc. - Business segments
• Exhibit 117: 2U Inc. - Key news
• Exhibit 118: 2U Inc. - Key offerings
• Exhibit 119: 2U Inc. - Segment focus

• 12.4 Alphabet Inc.
• Exhibit 120: Alphabet Inc. - Overview
• Exhibit 121: Alphabet Inc. - Business segments
• Exhibit 122: Alphabet Inc. - Key news
• Exhibit 123: Alphabet Inc. - Key offerings
• Exhibit 124: Alphabet Inc. - Segment focus

• 12.5 Century Tech Ltd.
• Exhibit 125: Century Tech Ltd. - Overview
• Exhibit 126: Century Tech Ltd. - Product / Service
• Exhibit 127: Century Tech Ltd. - Key offerings

• 12.6 Cognii Inc.
• Exhibit 128: Cognii Inc. - Overview
• Exhibit 129: Cognii Inc. - Product / Service
• Exhibit 130: Cognii Inc. - Key offerings

• 12.7 DreamBox Learning Inc. 
• Exhibit 131: DreamBox Learning Inc. - Overview
• Exhibit 132: DreamBox Learning Inc. - Product / Service
• Exhibit 133: DreamBox Learning Inc. - Key news
• Exhibit 134: DreamBox Learning Inc. - Key offerings

• 12.8 Fishtree Inc.
• Exhibit 135: Fishtree Inc. - Overview
• Exhibit 136: Fishtree Inc. - Product / Service
• Exhibit 137: Fishtree Inc. - Key offerings

• 12.9 International Business Machines Corp. 
• Exhibit 138: International Business Machines Corp. - Overview
• Exhibit 139: International Business Machines Corp. - Business segments
• Exhibit 140: International Business Machines Corp. - Key news
• Exhibit 141: International Business Machines Corp. - Key offerings
• Exhibit 142: International Business Machines Corp. - Segment focus

• 12.10 Jenzabar Inc.
• Exhibit 143: Jenzabar Inc. - Overview
• Exhibit 144: Jenzabar Inc. - Product / Service
• Exhibit 145: Jenzabar Inc. - Key offerings

• 12.11 John Wiley and Sons Inc. 
• Exhibit 146: John Wiley and Sons Inc. - Overview
• Exhibit 147: John Wiley and Sons Inc. - Business segments
• Exhibit 148: John Wiley and Sons Inc. - Key offerings
• Exhibit 149: John Wiley and Sons Inc. - Segment focus

• 12.12 LAIX Inc.
• Exhibit 150: LAIX Inc. - Overview
• Exhibit 151: LAIX Inc. - Product / Service
• Exhibit 152: LAIX Inc. - Key offerings

• 12.13 McGraw Hill LLC
• Exhibit 153: McGraw Hill LLC - Overview
• Exhibit 154: McGraw Hill LLC - Business segments
• Exhibit 155: McGraw Hill LLC - Key offerings
• Exhibit 156: McGraw Hill LLC - Segment focus

• 12.14 Microsoft Corp.
• Exhibit 157: Microsoft Corp. - Overview
• Exhibit 158: Microsoft Corp. - Business segments
• Exhibit 159: Microsoft Corp. - Key news
• Exhibit 160: Microsoft Corp. - Key offerings
• Exhibit 161: Microsoft Corp. - Segment focus

• 12.15 n2y LLC
• Exhibit 162: n2y LLC - Overview
• Exhibit 163: n2y LLC - Product / Service
• Exhibit 164: n2y LLC - Key offerings

• 12.16 Pearson Plc
• Exhibit 165: Pearson Plc - Overview
• Exhibit 166: Pearson Plc - Business segments
• Exhibit 167: Pearson Plc - Key offerings
• Exhibit 168: Pearson Plc - Segment focus

• 12.17 Quantum Adaptive Learning LLC 
• Exhibit 169: Quantum Adaptive Learning LLC - Overview
• Exhibit 170: Quantum Adaptive Learning LLC - Product / Service
• Exhibit 171: Quantum Adaptive Learning LLC - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 172: Inclusions checklist
• Exhibit 173: Exclusions checklist

• 13.3 Currency conversion rates for USUSD 
• Exhibit 174: Currency conversion rates for USUSD

• 13.4 Research methodology
• Exhibit 175: Research methodology
• Exhibit 176: Validation techniques employed for market sizing
• Exhibit 177: Information sources

• 13.5 List of abbreviations 
• Exhibit 178: List of abbreviations 

About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
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Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

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