Product ID: UCMIG45A2057
AI In Education Market Size, Share, Growth Analysis, By Component(Solutions, Services), By Deployment(Cloud, On-premises), By Technology(Natural Language Processing (NLP), Machine Learning), By Application(Learning Platform & Virtual Facilitators, Intelligent Tutoring System (ITS)), By End-use(K-12 Education, Higher Education), By Region(North America, Asia Pacific) - Industry Forecast 2024-2031
Report ID:
UCMIG45A2057 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
AI In Education Market Insights
Market Overview:
In 2021, the global AI in education market demonstrated a significant valuation of USD 1.82 billion. It is projected to witness substantial growth in the coming years, with a compound annual growth rate (CAGR) of 36.0% anticipated from 2022 to 2030. This expansion highlights the increasing recognition and adoption of AI technologies within the education sector worldwide.
AI In Education Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Internet Software & Services by segment aggregation, the contribution of the Internet Software & Services in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
AI In Education Market Report Snapshots
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