Press release
AI in Education Market Growing Demand Factor Analysis 2020-2027 Led by Cognizant, Google, IBM Corporation, Microsoft Corporation, Nuance Communications
Growing focus towards improving the teacher-student experience, adoption of AI in the various education sector, and increasing focus towards interactive learning are the major factors that are expected to drive the growth of AI in the education market. However, slow digitization and high rate of these solutions are the major restraining factors that might hinder the growth of this market.AI in Education Market to 2027 - Global Analysis and Forecasts by Technology (Machine Learning and Deep Learning, Natural Language Processing, Others); Component (Solution, Service); Application (Learning Platform, Intelligent Tutoring System, Smart Content, Fraud and Risk Management, Others); End-use (Higher Education, K-12 Education, Corporate Learning, Others) and Geography
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The education sector is rapidly adopting new innovative ways of teaching and is quickly implementing new technologies. AI in education improves the efficiency and streamline the admin task, providing teachers more freedom to teach. Advancements in technologies and the growing popularity of automation are the major factors that are expected to drive the growth of AI in the education market. Increasing investments in education are expected to provide opportunities in the AI in the education market.
The "Global AI in Education Market Analysis to 2027" is a specialized and in-depth study of the AI in education industry with a special focus on the global market trend analysis. The report aims to provide an overview of AI in education market with detailed market segmentation by technology, component, Application, end-use, and geography. The global AI in education market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading AI in education market players and offers key trends and opportunities in the AI in education market.
The reports cover key developments in the AI in education market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from AI in education market are anticipated to lucrative growth opportunities in the future with the rising demand for AI in education in the global market. Below mentioned is the list of few companies engaged in the AI in education market.
The report also includes the profiles of key AI in education companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ALEKS Corporation.
- Amazon Web Services, Inc.
- Carnegie Learning, Inc.
- Century-Tech Limited
- Cognizant
- IBM Corporation
- Microsoft Corporation
- Nuance Communications, Inc.
- Pearson PLC
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