AI in Education market is projected to grow up to USD 10.65 billion by 2027 growing at a CAGR of 40.2% during the forecasting period 2021-2027.
Artificial intelligence (AI) is a field of science that develops and studies technologies that are designed to stimulate human intellect processes. AI's primary goal is to optimise regular operations by increasing their speed and efficiency. The use of technology in education is changing the way we teach and learn all around the world. Artificial Intelligence (AI) is one of the disruptive technologies that may be used to tailor the learning experience of different learning groups, teachers, and tutors. The major benefit of AI is that it can be trained to do a wide range of activities, allowing for a more customised approach to teaching. It's a universal solution for learners and educators to obtain a collection of tools suited to their individual needs to enhance their routine, boost productivity, improve accessibility, and scale operations.
The growing need for individualised education based on AI is a major driving force in business. Personalized learning solutions aid in a better knowledge of students' academic goals, interests, and educational backgrounds, allowing for a more personalised educational experience. Students may create courses that meet their needs and receive feedback on their progress during the course.
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The AI in Education Market report has been categorized as below
By Component
Solution
Service
By Technology
Machine Learning
Deep Learning
Natural Language Processing (NLP)
By Application
Learning Platform & Virtual Facilitators
Intelligent Tutoring System (ITS)
Smart Content
Fraud & Risk Management
By Deployment
On-Premise
Cloud
By End-User
Higher Education
K-12 Education
Corporate Learning
By Region
North America
Europe
Asia-Pacific
Rest of the World
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