MARKET OVERVIEW:

The AI in education market is witnessing remarkable growth, driven by advancements in artificial intelligence technologies and the growing need for personalized learning experiences. With the increased adoption of digital devices, AI is revolutionizing education by offering adaptive learning platforms, automated administrative processes, and intelligent tutoring systems. This rapid evolution in AI applications is set to propel the market from USD 4.8 billion in 2024 to USD 75.1 billion by 2033, growing at a robust CAGR of 34.03%.

STUDY ASSUMPTION YEARS:

• BASE YEAR: 2024
• HISTORICAL YEAR: 2019-2024
• FORECAST YEAR: 2025-2033

AI IN EDUCATION MARKET KEY TAKEAWAYS:

• The market is expected to grow from USD 4.8 billion in 2024 to USD 75.1 billion by 2033, at a CAGR of 34.03%.
• The increasing availability of digital devices plays a critical role in AI adoption in education.
• AI technologies like machine learning and natural language processing are enhancing personalized learning.
• The rise in demand for adaptive learning solutions is a key driver for market expansion.
• Administrative task automation using AI is improving efficiency in educational institutions.
• AI in education is fostering greater educational inclusivity through remote learning tools.

MARKET GROWTH FACTORS:

Technological Advancements: The AI revolution, particularly with the help of machine learning, NLP, and computer vision, has been one of the strongest influences on the ever-changing market. These technologies enable personalized learning experiences and intelligent tutoring systems that help bridge educational gaps, increase engagement, and deliver tailored content to meet individual student needs. These innovations also lighten the workload for educators, allowing them to dedicate more time to the act of teaching while AI manages administrative responsibilities.

Regulatory Impact: Governments across the globe have witnessed a growing application of policies that promote digital learning and artificial intelligence integration into education. Such policies supporting digital infrastructure and investment in educational technologies are significant contributors towards the growth of the market. AI also levels the field to enhance educational quality, thus attracting public and private investments in this sector.

Market Demand: The acceptance of digital learning by ever-increasing numbers of students and educators creates rising demand for AI-based personalized learning platforms. AI meets the special requirements of students for better retention and engagement. Educational institutions are using AI-based tools to relieve some administrative burdens, that added to other pushes for demand for AI solutions in education.

MARKET SEGMENTATION:

Breakup by Component:

• Solutions
• Services

Breakup by Deployment Mode:

• On-premises
• Cloud-based

Breakup by Technology:

• Deep Learning and Machine Learning
• Natural Language Processing (NLP)

Breakup by Application:

• Virtual Facilitators and Learning Environments
• Intelligent Tutoring Systems (ITS)
• Content Delivery Systems
• Fraud and Risk Management
• Student-initiated learning
• Others

Breakup by End User:

• K-12 Education
• Higher Education
• Corporate Training and Learning
• Others

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

REGIONAL INSIGHTS:
North America dominates the AI in education market due to its strong technology infrastructure, significant adoption of digital learning platforms, and high investments in AI research. The presence of major AI developers and a growing demand for personalized education are propelling market growth in this region.

RECENT DEVELOPMENTS & NEWS:
Recent advancements in AI-powered education technologies are reshaping the learning experience. Key innovations include AI tools that enhance personalized learning through data analysis and machine learning, facilitating efficient remote education. Furthermore, AI-driven systems are alleviating administrative tasks in schools and universities, making education more accessible and efficient for both students and educators.

KEY PLAYERS:

• Blackboard Inc.
• Cognii Inc.
• eGain Corporation
• Google LLC (Alphabet Inc.)
• International Business Machines Corporation
• Microsoft Corporation
• QlikTech International AB

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.