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Artificial Intelligence Certification Courses - Market Drivers and Trends by Technavio
[September 22, 2017]

Artificial Intelligence Certification Courses - Market Drivers and Trends by Technavio


Technavio market research analysts forecast the global artificial intelligence (AI) certification courses market to grow at a CAGR of more than 34% during the forecast period, according to their latest report.

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Technavio has published a new report on the global artificial intelligence certification courses mar ...

Technavio has published a new report on the global artificial intelligence certification courses market from 2017-2021. (Graphic: Business Wire)

The report further segments the global AI certification courses market by learning method (blended learning and online learning) and by geography (North America, Europe, APAC, and ROW).

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Technavio analysts highlight the following three market drivers that are contributing to the growth of the global AI certification courses market:

  • Increasing investments by established firms
  • Rising salary hikes and domain change
  • Growing demand for AI professionals

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<> Increasing investments by established firms



During 2015, technology giants such as Microsoft (News - Alert), Facebook, and Google were estimated to have invested a whopping USD 8.5 billion in deals, which was calculated to be four times more than what was invested during 2010.

According to Jhansi Mary, a lead education technology research analyst at Technavio, "The need for gaining insights from the data, which are being generated at a rapid pace daily, and to operate effectively by automating businesses and manufacturing units are prompting firms to make acquisitions and investments in AI. This is resulting in the emergence of vendors that provide courses on AI. These vendors develop numerous courses at various fees options, which are viable for many learner groups."


Rising salary hikes and domain change

AI has been ranked second among the fastest growing skills by the Upwork skills index during the first quarter of 2017. Salary packages offered in jobs related to AI are attractive and the best in the industry. Several university professors with AI expertise have been working as full-time employees in established technology companies in the field of AI, and they receive high salaries. Professors from the department of computer science from prominent institutions such as the University of Washington joined Google (News - Alert). Engineers and other industry professionals are pursuing AI certification courses provided by AI service enablers in collaboration with technology partners considering the demand.

"Vendors who can provide a differential advantage in the course curriculum and related industry exposure have the edge of charging a premium fee for the AI certification courses they offer," adds Jhansi.

Growing demand for AI professionals

The demand for AI professionals is growing at a rapid pace across all countries. At present, several vacancies require employees with AI skill sets. There is a growing demand for machine data scientists, machine learning engineers, AI analysts, programmers, and security experts. Industry sectors such as pharmacy, retail, logistics, robotics, automobile, manufacturing, BFSI, and IT and telecom have posed an immense potential for the need of AI professionals and their expertise to fill the required positions at organizations.

Professionals are hired for strategic roles that may be required for a new technology adoption or automation of an existing business process. Companies are also seeking freelancers to assist them in AI-based projects. The demand for AI know-how and the need to analyze significant repositories of data to understand business patterns and to operate efficiently at minimal costs have gained prominence in the recent past. AI professionals are also in demand by companies such as Google, Uber, Facebook (News - Alert), Microsoft, and Amazon globally for their contribution to the AI R&D.

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