Education AI Market Trends and Forecast
The future of the global Education AI market looks promising with opportunities in the intelligent tutoring system, virtual facilitator, content delivery system, and interactive website markets. The global Education AI market is expected to grow with a CAGR of 32.4% from 2024 to 2030. The major drivers for this market are growth in data-driven decision-making in education through predictive analytics and insights, rising efficiency in administrative tasks, as well as, increasing personalized learning experiences tailored to individual student needs, preferences, and learning styles.
• Lucintel forecasts that machine learning & deep learning is expected to witness higher growth over the forecast period.
• Within this market, intelligent tutoring system is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Education AI Market
• United States – Google launched AI-powered educational tools, aiming for personalized learning and teacher assistance. Government supports AI integration in schools through grants for technology adoption.
• China – Tencent introduced AI tutors for online education platforms, focusing on interactive learning and academic performance improvement. Government promotes AI in education through digital transformation initiatives.
• India – ByjuÄX%$%Xs developed AI-driven learning apps for K-12 students, targeting personalized education and skill development. Government encourages AI adoption in education through digital literacy programs.
• United Kingdom – Pearson announced AI assessment tools for educational institutions, enhancing student evaluation and learning outcomes. Government supports AI education initiatives through educational reform policies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Education AI Market by Segment
The study includes a forecast for the global Education AI market by type, application, and region.
Education AI Market by Type [Value from 2018 to 2030]:
• Machine Learning & Deep Learning
• Natural Language Processing
Education AI Market by Application [Value from 2018 to 2030]:
• Intelligent Tutoring Systems
• Virtual Facilitators
• Content Delivery Systems
• Interactive Websites
• Others
Education AI Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Education AI Companies
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 Education AI companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the Education AI companies profiled in this report include-
• IBM
• Pearson
• Microsoft
• AWS
• Nuance
• Cognizant
• Metacog
Recent Development in the Education AI Market
• Google: Google introduced AI-powered educational tools such as Google Classroom and AI-driven tutoring systems to enhance personalized learning experiences and support teachers in delivering effective education.
• Tencent: Tencent developed AI tutors for online education platforms, integrating natural language processing and machine learning algorithms to provide personalized tutoring and improve student learning outcomes.
• ByjuÄX%$%Xs: ByjuÄX%$%Xs launched AI-driven learning apps that adapt to individual student learning styles, providing personalized lessons and real-time feedback to enhance educational effectiveness in K-12 education.
• Pearson: Pearson introduced AI assessment tools that utilize machine learning to analyze student performance data and provide personalized recommendations for improvement, aiming to optimize learning outcomes in educational institutions.
Features of the Global Education AI Market
Market Size Estimates: Education ai market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Education ai market size by type, application, and region in terms of value ($B).
Regional Analysis: Education ai 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 for the Education AI market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the Education AI market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for Education AI market?
Answer: The global Education AI market is expected to grow with a CAGR of 32.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the Education AI market?
Answer: The major drivers for this market are growth in data-driven decision-making in education through predictive analytics and insights, rising efficiency in administrative tasks, as well as, increasing personalized learning experiences tailored to individual student needs, preferences, and learning styles.
Q3. What are the major segments for Education AI market?
Answer: The future of the global Education AI market looks promising with opportunities in the intelligent tutoring system, virtual facilitator, content delivery system, and interactive website markets.
Q4. Who are the key Education AI market companies?
Answer: Some of the key Education AI companies are as follows:
• IBM
• Pearson
• Microsoft
• AWS
• Nuance
• Cognizant
• Metacog
Q5. Which Education AI market segment will be the largest in future?
Answer: Lucintel forecasts that machine learning & deep learning is expected to witness higher growth over the forecast period.
Q6. In Education AI 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 for the Education AI market by type (machine learning & deep learning and natural language processing), application (intelligent tutoring systems, virtual facilitators, content delivery systems, interactive websites, 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?
For any questions related to Education AI Market, Education AI Market Size, Education AI Market Growth, Education AI Market Analysis, Education AI Market Report, Education AI Market Share, Education AI Market Trends, Education AI Market Forecast, Education AI Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.