AI in Education (Deep Learning and ML, NLP) Market 2018-2023: Focus on Technology, Application, Component, Deployment & End-User

DUBLIN, May 10, 2018 /PRNewswire/ --

The "AI in Education Market by Technology (Deep Learning and ML, NLP), Application (Virtual Facilitators and Learning Environments, ITS, CDS, Fraud and Risk Management), Component (Solutions, Services), Deployment, End-User & Region - Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The report forecasts the global Artificial Intelligence (AI) in education market to grow from USD 537.3 Million in 2018 to USD 3,683.5 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 47.0% during the forecast period.

The increasing adoption of the AI technology for various applications in the education sector and growing need for multilingual translators integrated with the AI technology are expected to drive the growth of the AI in education market.

Among technologies, the Natural Language Processing (NLP) technology segment is expected to grow at a higher CAGR during the forecast period. In the education sector, the use of the NLP technology is growing as this technology synthesizes students' data for finding the final output.

The component segment is further segmented into solutions and services. The services segment is expected to grow at a higher CAGR during the forecast period. The growing awareness among education solution providers regarding the use of the AI technology into their operations to enhance customers' overall experience is expected to contribute to the adoption of AI-powered solutions. Moreover, to enable the efficient and effective functioning of the education sector, professional and training services are expected to gain traction with significant growth in the deployment of AI-powered solutions.

Among services, the professional services segment is expected to have the larger market size during the forecast period, as these services play a crucial role in providing the detailed analysis of clients' requirements.

The AI in education market is also segmented on the basis of applications. The virtual facilitators and learning environments application segment is expected to have the largest market size and grow at the highest CACR during the forecast period. As virtual facilitators and learning environments use simulations, games, and the AI technology to encourage students to enhance their learning experience as well as gain and impove knowledge.

Based on end-users, the AI in education market is segmented into educational institutes, educational publishers, and others (Massive Open Online Courses (MOOCs), Virtual Learning Environments (VLEs), computer-based tests, adaptive learning, and immersive learning). The educational institutes segment is expected to have the largest market size and grow at a higher CAGR during the forecast period. AI- enabled solutions can help universities with research and learning processes.

Among deployment modes, the cloud deployment mode is expected to grow at a higher CAGR during the forecast period. The cloud deployment mode offers cost-effectiveness for various education applications, such as virtual assistance and Learning Management Systems (LMS).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the AI in Education Market
4.2 Market Top 3 Applications
4.3 Market Top 3 Applications and Regions
4.4 Market Potential, By Region
4.5 Market By Deployment
4.6 Market By Region

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 AI Technology Enhancing and Improving Teachers' and Students' Experience and Knowledge Level
5.2.1.2 Increasing Adoption of the AI Technology for Various Applications in the Education Sector
5.2.1.3 Growing Need for Multilingual Translators Integrated With the AI Technology
5.2.2 Restraints
5.2.2.1 Slow Digitalization Rate Affecting the Adoption of the AI Technology in Emerging Economies
5.2.3 Opportunities
5.2.3.1 Increasing Investments in the Education Sector
5.2.3.2 Growing Demand of the AI Technology for Enhancing Education Systems
5.2.4 Challenges
5.2.4.1 Lack of Appropriateness of Ai-Enabled Assessment Processes
5.2.4.2 Insufficient Skills of Students and Teachers
5.3 Use Cases and Regulatory Implications
5.3.1 Introduction
5.3.2 AI in Education Market: Use Cases
5.4 Regulatory Implications

6 Educational Models
6.1 Introduction
6.2 Learner Model
6.3 Pedagogical Model
6.4 Domain Model

7 AI in Education Market, By Technology
7.1 Introduction
7.2 Machine Learning and Deep Learning
7.3 Natural Language Processing

8 AI in Education Market, By Application
8.1 Introduction
8.2 Virtual Facilitators and Learning Environments
8.3 Intelligent Tutoring Systems
8.4 Content Delivery Systems
8.5 Fraud and Risk Management
8.6 Others

9 AI in Education Market, By Component
9.1 Introduction
9.2 Solutions
9.2.1 Software Tools
9.2.2 Platforms
9.3 Services
9.3.1 Professional Services
9.3.2 Managed Services

10 AI in Education Market, By Deployment Mode
10.1 Introduction
10.2 Cloud
10.3 On-Premises

11 AI in Education Market, By End-User
11.1 Introduction
11.2 Educational Institutes
11.3 Educational Publishers
11.4 Others

12 Geographic Analysis

13 Competitive Landscape
13.1 Overview
13.2 Top Players Operating in the AI in Education Market
13.3 Competitive Scenario
13.3.1 New Product/Service Launches and Product/Service Enhancements
13.3.2 Agreements and Partnerships
13.3.3 Acquisitions

14 Company Profiles
14.1 Introduction
14.2 Google
14.3 IBM
14.4 Pearson
14.5 Microsoft
14.6 AWS
14.7 Nuance Communications
14.8 Cognizant
14.9 OSMO
14.10 Quantum Adaptive Learning
14.11 Querium Corporation
14.12 Third Space Learning
14.13 Aleks
14.14 Blackboard
14.15 Bridgeu
14.16 Carnegie Learning
14.17 Century
14.18 Cognii
14.19 Dreambox Learning
14.20 Elemental Path
14.21 Fishtree
14.22 Jellynote
14.23 Jenzabar
14.24 Knewton
14.25 Luilishuo
14.26 Metacog

For more information about this report visit https://www.researchandmarkets.com/research/vw37s5/ai_in_education?w=5

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