Market Synopsis:

The role of Artificial Intelligence (AI) is slowly increasing in the education sector because AI can provide machines with intelligent capabilities such as identifying data patterns, learning, processing, speech recognition, and others. Market Research Future (MRFR) has published a research report about the global artificial intelligence in education market that anticipates massive expansion for this market at 38% CAGR (Compound Annual Growth Rate) during the forecast period between 2020 and 2027. By value, the market has been figured to be worth the US $ 2 bn by the end of the forecast period. 

The most important factor for the global AI in Education Market growth is AI being used  for monitoring the students’ capability and enhancing the learning process as per the students' requirement. AI is taking the help of machine learning and natural learning for this assessment. There are various advantages and benefits of AI that are aiding its growth in the education sector.

Competitive Dashboard:

The prominent players operating in the global artificial intelligence in education market comprises Microsoft Corporation (US), IBM Corporation (US), Amazon.com, Inc., (US), Google (US), Pearson (UK), Cognizant (US), DreamBox Learning (US), Bridge-U (UK), Jellynote (France), Fishtree (US), Knewton, Inc., (US), Jenzabar, Inc., (US), Querium Corporation. (US), Metacog, Inc., (US), Blackboard, Inc., (US), Century-Tech Ltd (UK), Quantum Adaptive Learning, LLC (US), and Third Space Learning (UK).

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Market Segmentation:

The global artificial intelligence in education market segmentation covers application, component, deployment, and technology.

The application-based segmentation of this artificial intelligence in education market covers chatbots, content delivery systems, interactive websites, intelligent tutoring systems, and virtual facilitators, and others. In the context of component, the global artificial intelligence in education market has been segmented into services and software. Regarding deployment, the global artificial intelligence in education market has been segmented into on-cloud deployment and on-premise deployment. In terms of technology, the market has been segmented into machine learning (ML) and the natural learning process (NLP).

Detailed Regional Analysis:

The regional examination of the artificial intelligence in manufacturing market consists of regions such as Europe, North America, APAC, and other regions of the world.As per the analysis, the artificial intelligence in manufacturing market is currently dominated by the AsiaPacific region as the primary economiesin the region are the key manufacturing centers of electronics, energy & power, semiconductors, and pharmaceuticals. Additionally, the growing adoption of robots in manufacturing procedures is anticipated to support the region in dominating the market throughout the forecast period.

The North American region is the next highest supplier in artificial intelligence market. The Artificial intelligence (AI) in the manufacturing market in the European region is expected to gain high impetusthroughout the forecast period owing to growing adoption of industry 4.0 and robotics in the aerospace and automotive industry.

Table of Contents

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

Continued….

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