Artificial Intelligence (AI) in Education Sector Market is Expected to Reach USD 1.8 Billion by 2024

Posted on 2018-07-26 by Goldstein Research in Technology // 0 Comments

New York, USA, 2018-Jul-26 — /EPR Network/ —According to Goldstein Research, global artificial intelligence in education sector market is expected to reach USD 1.8 billion by 2024, growing at a CAGR of 49.0% over the forecast period 2016-2024. Growing number of universities, educational institutions and trend of online education platforms to shift towards smart technology products and services to modernize conventional education methods is providing smooth pavement for the growth of AI market in the education sector. Artificial intelligence in education sector market segmentation has been carried out on the basis of technology type, AI-based educational models, and services. By AI education model, the learner model dominated the AI in education sector market with more than 58% in 2016 of the total market share.

Global artificial intelligence in education sector market is dominated by Europe and is expected to dominate the market during the forecast period owing to the growing number of startups in this field. North America region is expected to adopt AI technology in the education sector at a much lower rate compared to Europe. Middle East region accounted for the highest expenditures in the education sector to provide innovative and advanced technological methodologies for education.

Download Exclusive Sample Report @ https://www.goldsteinresearch.com/request-sample/artificial-intelligence-in-education-sector-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Market Segmentation

On the basis of our in-depth analysis, Global Artificial Intelligence in Education Sector Market can be segmented as follows:

By Technology

Natural Language Processing
Machine Learning
Virtual Personal Assistant
Querying Method
Context-Aware Processing

By AI Educational Models

Learner Model
Pedagogical Model
Domain Model

By Services

Installation
Training
Support and Maintenance

By Region

North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

Browse full Report @ https://www.goldsteinresearch.com/report/artificial-intelligence-in-education-sector-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

“Global Artificial Intelligence in Education Sector Market Outlook 2024” contains a detailed overview of the global artificial intelligence in education sector market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by technology type, by AI-based educational models, and by services.

Further, for the in-depth analysis, Global Artificial Intelligence in Education Sector Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This global market research report also includes competitive outlook of some of the major players profiling of companies such as IBM Corp, Cognizant, Nuance Communications, Quantum Adaptive Learning, ALEKS, Blackboard, Dream Box Learning, Jenzabar, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services, and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global artificial intelligence in education sector market size along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on advanced future technologies market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

Market Segmentation

By Technology

By AI Educational Models

By Services

By Region

Matched content

Editor’s pick