AI Tools for Student Market Trends and Forecast
The future of the global AI tool for student market looks promising with opportunities in the family and school markets. The global AI tool for student market is expected to grow with a CAGR of 20.4% from 2024 to 2030. The major drivers for this market are growing demand for personalized learning experiences, rise of online education platforms, and increase in need for data-driven insights.
• Lucintel forecasts that language learning tool is expected to witness higher growth over the forecast period.
• Within this market, family is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook of the AI Tool for Student Market
• United States: Google launched AI-powered tools in Google Classroom, aiming to enhance student engagement and personalized learning. Government initiatives support AI integration in education for improving academic outcomes.
• China: Tencent introduced AI tutoring platforms for students, supported by government policies promoting digital education innovation.
• India: ByjuÄX%$%Xs announced AI-driven learning apps for students, targeting personalized education experiences and aligned with government digital education initiatives.
• United Kingdom: Pearson collaborated with AI startups to develop adaptive learning tools, supported by government funding for educational technology innovation.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
AI Tools for Student Market by Segment
The study includes a forecast of the global AI tool for student market by type, application, and region.
AI Tools for Student Market by Type [Value from 2018 to 2030]:
• Language Learning Tool
• Writing Tool
• Others
AI Tools for Student Market by Application [Value from 2018 to 2030]:
• Family
• School
• Others
AI Tools for Student Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of AI Tool Companies for Student
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies AI tool companies for student market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AI tool companies for student market profiled in this report include-
• Cognii
• Century Tech
• Queirum
• Altitude Learning
• Knowji
• Ivy Chatbot
• Nuance
• Gradescope
• Carnegie Learning’
• Smart Sparrow
Recent Development in the AI Tool for Student Market
• Google: Google has integrated AI tool into Google Classroom to enhance remote learning experiences. These tools include AI-powered recommendations for educational resources, automated grading features, and personalized feedback mechanisms. Google aims to improve student engagement and academic performance through innovative AI-driven educational technologies.
• ByjuÄX%$%Xs: ByjuÄX%$%Xs has developed AI-driven learning apps that provide personalized tutoring and adaptive learning experiences for students. These apps utilize AI algorithms to assess student progress, customize learning paths, and deliver interactive content across various subjects. ByjuÄX%$%Xs initiative focuses on leveraging AI to enhance learning outcomes and foster educational engagement globally.
• Duolingo: Duolingo, known for its language learning platform, has integrated AI tool to personalize language education for students. The platform uses AI algorithms to adapt lessons based on individual learning behaviors and proficiency levels, offering interactive exercises and real-time feedback. DuolingoÄX%$%Xs AI initiative aims to make language learning more accessible and effective through innovative technological solutions.
• Coursera: Coursera has launched AI-powered features within its online learning platform, including personalized course recommendations and adaptive assessments. These features leverage machine learning algorithms to analyze student performance data and tailor learning experiences accordingly. CourseraÄX%$%Xs AI initiatives enhance the scalability and effectiveness of online education, catering to diverse learner needs globally.
• Khan Academy: Khan Academy has implemented AI tool to provide personalized learning paths for students across various subjects. The platform uses AI-driven adaptive learning technologies to identify student strengths and weaknesses, offering targeted exercises and instructional content. Khan Academy aims to empower students with personalized educational experiences through AI-powered tools that support self-paced learning and skill development.
Features of the Global AI Tool for Student Market
Market Size Estimates: AI tool for student market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: AI tool for student market size by type, application, and region in terms of value ($B).
Regional Analysis: AI tool for student market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions of the AI tool for student market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AI tool for student market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for AI tool for student market?
Answer: The global AI tool for student market is expected to grow with a CAGR of 20.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the AI tool for student market?
Answer: The major drivers for this market are growing demand for personalized learning experiences, rise of online education platforms, and increase in need for data-driven insights.
Q3. What are the major segments for AI tool for student market?
Answer: The future of the AI tool for student market looks promising with opportunities in the family and school markets.
Q4. Who are the key AI tool companies for student market?
Answer: Some of the key AI tool companies for student market are as follows:
• Cognii
• Century Tech
• Queirum
• Altitude Learning
• Knowji
• Ivy Chatbot
• Nuance
• Gradescope
• Carnegie Learning’
• Smart Sparrow
Q5. Which AI tool for student market segment will be the largest in future?
Answer: Lucintel forecasts that language learning tool is expected to witness higher growth over the forecast period.
Q6. In AI tool for student market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities of the AI tool for student market by type (language learning tool, writing tool, and others), application (family, school, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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