Increasing demand for real-time learner’s progress monitoring and analysis solutions, and growing demand for AI technology to simplify administrative processes at institutions is driving artificial intelligence deployment in the education sector globally. Market Size – USD 1.08 Billion in 2019, Market Growth – at a CAGR of 43.8%, Market Trends – Rise in venture capital funding in EdTech companies
The global artificial intelligence in the education sector market has a market size of USD 1.08 Billion in 2019 and is expected to reach USD 17.83 Billion by 2027, and register a CAGR of 43.8% during the forecast period. Global artificial intelligence in the education sector market revenue is expected to increase significantly during the forecast period due to increasing demand for real-time progress monitoring of learners/students, and efficient analysis solutions in the education industry.
The latest market intelligence study on the Artificial Intelligence in the Education Sector Market covers the performance of both the key vendors and new entrants for the forecast period, 2020 - 2027. Estimated value, profits, gross margin, spending power and consumption volume form an important part of the study that aims at offering the business owners, stakeholders, and marketing personnel a competitive edge over others. Importantly, the study discusses a lot about, the product application, classification and performance across different regions. The industry assessment report weighs upon the top performers and also the winning strategies that have enabled them to occupy a strong foothold in the Artificial Intelligence in the Education Sector Market.
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