AI in Education Market 2022 Industry Size, Share, Growth, Outlook, Segmentation, Comprehensive Analysis by 2029
AI in Education Market Overview:
For the global industry’s application of artificial intelligence in education analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to supplement existing data, segment the market, estimate overall market size, and anticipate market size and growth rate.
Primary and secondary research is used to identify market leaders, while primary and secondary research is used to assess market revenue. In-depth interviews with important thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, were conducted as part of the core research. Primary research comprised in-depth interviews with key thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to calculate global market percentage splits, market shares, growth rates, and breakdowns, which are then compared to primary data.
Expected Growth the market for AI in education was estimated to be worth US$ 2.02 billion in 2021, and from 2022 to 2029, total revenue is anticipated to increase by 43.8%, or roughly US$ 36.93 billion.
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Market Scope:
By defining and assessing market segments and predicting market size, the study aids comprehension of the Global AI in Education Market dynamic structure. In addition, the report includes a competitive analysis of significant firms based on pricing, financial state, application expansion ambitions, and geographical presence. The research also includes a PESTLE analysis to help shareholders prioritize their efforts and investments in the Global AI in Education Market.
External and internal factors that are predicted to have a positive or negative impact on enterprises have been researched, presenting decision-makers with a clear picture of the sector’s future. By studying market segments and projecting AI in Education Market size, the study also assists in understanding the dynamic structure of the Global AI in Education Market. The study acts as a resource for investors by depicting the competitive analysis of prominent businesses in the Global AI in Education Market based on price, financial status, growth strategies, and geographical presence.
Segmentation:
According to deployment, On the basis of deployment, the market for AI in education is divided into On-Premise and Cloud segments. Through 2029, the market for AI in education is projected to develop at a CAGR of 50% for the cloud sector. The rise in usage of cloud services, which reduces the cost of ownership for educational institutions and enables them to invest in the infrastructure upgrades required to deliver high-quality education, is credited to the growth. Additionally, it makes it possible for universities and institutions to incorporate cutting-edge technology into their existing infrastructure without having to spend a lot of money on it.
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Key Players:
• IBM (US)
• Microsoft (US)
• Bridge-U (UK)
• DreamBox Learning (US)
• Fishtree (US)
• Jellynote (France)
• Jenzabar (US)
• Knewton (US)
Regional Analysis:
An study of the AI in Education Market at the national level focuses on categories indicated as potentially high-growth, nations with the biggest market share, and countries with the highest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the AI in Education Market study.
COVID-19 Impact Analysis on AI in Education Market: The report covers COVID-19 impact on AI in Education market.
Key Questions Answered in the AI in Education Market Report are:
- What will be the AI in Education market’s CAGR throughout the projected period?
- Which market category emerged as the market leader in the AI in Education market?
- Who are the key players in the AI in Education market?
- How big will the AI in Education market be in 2029?
- Which firm had the biggest market share in the AI in Education market?
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