Product Code: r8744
“AI In Education Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on ai in education market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for ai in education? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The ai in education market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Component: Solutions; Services
- 2) By Technology: Natural Language Processing (NLP); Machine Learning
- 3) By Deployment: Cloud; On-Premises
- 4) By Application: Learning Platform And Virtual Facilitators; Intelligent Tutoring System (ITS); Smart Content; Fraud And Risk Management; Other Applications
- 5) By End-User: K-12 Education; Higher Education; Corporate Training And Learning
- Companies Mentioned: Alphabet Inc.; Microsoft Corporation; Amazon Web Services Inc.; IBM Corporation; Cognizant Technology Solutions Corporation
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Italy; Spain; Canada
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the artificial intelligence (AI) in education market are: Alphabet Inc., Microsoft Corporation, Amazon Web Services Inc., IBM Corporation, Cognizant Technology Solutions Corporation, Harbinger Group, Pearson plc, Nuance Communications Inc., McGraw Hill Education Inc., Blackboard Inc., Coursera Inc., Duolingo Inc., D2L Corporation, Age of Learning Inc., Jenzabar Inc., Netex Knowledge Factory S.A., Carnegie Learning Inc., DreamBox Learning Inc., Third Space Learning, Kadenze Inc., Knewton Inc., BridgeU Ltd., Century-Tech Limited, Cognii Inc., Fishtree Ltd., Prazas Learning Inc., Wooclap SA, YiXue Squirrel AI Learning Inc., Jellynote, and Querium Corporation.
The global artificial intelligence (AI) in education market is expected to grow from $2.85 billion in 2022 to $3.99 billion in 2023 at a compound annual growth rate (CAGR) of 39.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The artificial intelligence (AI) in education market is expected to reach $15 billion in 2027 at a CAGR of 39.3%.
The artificial intelligence (AI) in education market includes revenues earned by providing personalized learning, administrative tasks, tutoring, learning management systems, grading, and assessment. The market value includes the value of related goods sold by the service provider or included within the service offering. The AI in the education market also includes sales of smart boards, tablets, voice-controlled assistants, sensors, cameras, virtual reality (VR), and augmented reality (AR) devices which are used in providing AI in education services. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Artificial intelligence (AI) in education refers to applying AI in the classroom and managing the class and course load to improve teaching and learning practices and address educational challenges. The purpose of artificial intelligence in education is to increase student learning while delegating administrative activities that require teacher and administrator time.
North America was the largest region in the artificial intelligence (AI) in education market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in artificial intelligence (AI) in education report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of artificial intelligence (AI) in education components are solutions and services. AI solution components employ artificial intelligence to automate, assist, or customize processes by predicting outcomes based on what is known about the user context or need. They use natural language processing (NLP) and machine learning technology and are deployed in the cloud and on-premises infrastructure. They are used for various applications such as learning platforms and virtual facilitators, intelligent tutoring systems (ITS), smart content, fraud and risk management, and others by various end-users, such as K-12 education, higher education, corporate training, and learning.
The rising number of smartphone users is expected to propel the growth of artificial intelligence (AI) in education market going forward. Smartphone users utilize a cellular phone that contains a computer and other features previously not related to phones, including a web browser, an operating system, and the ability to run software programs. Smartphone users benefit from tailored and adaptable learning experiences incorporating AI technology into educational applications and platforms. Additionally, smartphones enable real-time interaction and engagement, allowing students to communicate seamlessly with AI-powered virtual assistants (tutors), and their widespread adoption expands the reach and impact of AI in education, making high-quality and personalized learning more accessible to a larger population. For Instance, according to the Ericsson Mobility Report 2022 from Ericsson, a Sweden-based networking and telecommunications company, smartphone subscriptions were 6,420 million in 2022 and are predicted to reach 7,740 million subscriptions by 2028. Therefore, the rising number of smartphone users will drive AI in education market.
Product innovations are a key trend for gaining popularity in artificial intelligence (AI) in the education market. Major companies operating in artificial intelligence (AI) in the education market are focused on innovating advanced solutions to strengthen their position in the market. For instance, in February 2023, Nerdy Inc., a US-based technology platform for live online learning for students, launched two new products, an AI-Generated Lesson Plan Creator and AI-Generated Chat Tutoring, which are integrated with ChatGPT into its full suite of products. ChatGPT is an AI chatbot that uses natural language processing to create human-like conversational dialogue. The product's AI-generated lesson plan creator can generate a variety of content for Experts, including in-depth suggestions on how a lesson might be structured and how content could be best leveraged, and AI-enabled chat tutoring provides real-time support to consumer learning membership customers 24x7 by providing quick and accurate responses to student questions.
In September 2021, Pearson Education Limited, a UK-based education publishing and assessment service provider, acquired Faethm Pty Ltd. for $75.1 million. This acquisition, along with Faethm's analytics capabilities and Pearson's learning solutions, will help businesses of all sizes understand their required skills and how to develop them. This is another crucial component in Pearson's plan to help learners develop their abilities at every stage, from school to work. Faethm Pty Ltd. is an Australia-based workforce AI and predictive analytics company that provides a SaaS platform for professional short-course curricula.
The countries covered in the artificial intelligence (AI) in education market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The artificial intelligence (AI) in education market research report is one of a series of new reports from The Business Research Company that provides artificial intelligence (AI) in education market statistics, including artificial intelligence (AI) in education industry global market size, regional shares, competitors with artificial intelligence (AI) in education market share, detailed artificial intelligence (AI) in education market segments, market trends and opportunities, and any further data you may need to thrive in the artificial intelligence (AI) in education industry. This artificial intelligence (AI) in education market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Table of Contents
1. Executive Summary
2. AI In Education Market Characteristics
3. AI In Education Market Trends And Strategies
4. AI In Education Market - Macro Economic Scenario
- 4.1. Impact Of High Inflation On Online Therapy Services Market
- 4.2. Ukraine-Russia War Impact On Online Therapy Services Market
- 4.3. COVID-19 Impact On Online Therapy Services Market
- 5.1. Global AI In Education Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
- 5.2. Global AI In Education Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
- 5.3. Global AI In Education Forecast Market Size and Growth, 2022 - 2027, 2032F, Value ($ Billion)
6. AI In Education Market Segmentation
- 6.1. Global AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Solutions
- Services
- 6.2. Global AI In Education Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Natural Language Processing (NLP)
- Machine Learning
- 6.3. Global AI In Education Market, Segmentation By Deployment, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Cloud
- On-Premises
- 6.4. Global AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Learning Platform And Virtual Facilitators
- Intelligent Tutoring System (ITS)
- Smart Content
- Fraud And Risk Management
- Other Applications
- 6.5. Global AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- K-12 Education
- Higher Education
- Corporate Training And Learning
7. AI In Education Market Regional And Country Analysis
- 7.1. Global AI In Education Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global AI In Education Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific AI In Education Market
- 8.1. Asia-Pacific AI In Education Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.4. Asia-Pacific AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China AI In Education Market
- 9.1. China AI In Education Market Overview
- 9.2. China AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.4. China AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India AI In Education Market
- 10.1. India AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.3. India AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan AI In Education Market
- 11.1. Japan AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.3. Japan AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia AI In Education Market
- 12.1. Australia AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.3. Australia AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia AI In Education Market
- 13.1. Indonesia AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.3. Indonesia AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea AI In Education Market
- 14.1. South Korea AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.3. South Korea AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe AI In Education Market
- 15.1. Western Europe AI In Education Market Overview
- 15.2. Western Europe AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.4. Western Europe AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK AI In Education Market
- 16.1. UK AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.3. UK AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany AI In Education Market
- 17.1. Germany AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.3. Germany AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France AI In Education Market
- 18.1. France AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.3. France AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Italy AI In Education Market
- 19.1. Italy AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.2. Italy AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Italy AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Spain AI In Education Market
- 20.1. Spain AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Spain AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.3. Spain AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. Eastern Europe AI In Education Market
- 21.1. Eastern Europe AI In Education Market Overview
- 21.2. Eastern Europe AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. Eastern Europe AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.4. Eastern Europe AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. Russia AI In Education Market
- 22.1. Russia AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.2. Russia AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. Russia AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. North America AI In Education Market
- 23.1. North America AI In Education Market Overview
- 23.2. North America AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. North America AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.4. North America AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. USA AI In Education Market
- 24.1. USA AI In Education Market Overview
- 24.2. USA AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.3. USA AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.4. USA AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Canada AI In Education Market
- 25.1. Canada AI In Education Market Overview
- 25.2. Canada AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Canada AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.4. Canada AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. South America AI In Education Market
- 26.1. South America AI In Education Market Overview
- 26.2. South America AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. South America AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.4. South America AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Brazil AI In Education Market
- 27.1. Brazil AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 27.2. Brazil AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 27.3. Brazil AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
28. Middle East AI In Education Market
- 28.1. Middle East AI In Education Market Overview
- 28.2. Middle East AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 28.3. Middle East AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 28.4. Middle East AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
29. Africa AI In Education Market
- 29.1. Africa AI In Education Market Overview
- 29.2. Africa AI In Education Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 29.3. Africa AI In Education Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 29.4. Africa AI In Education Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
30. AI In Education Market Competitive Landscape And Company Profiles
- 30.1. AI In Education Market Competitive Landscape
- 30.2. AI In Education Market Company Profiles
- 30.2.1. Alphabet Inc.
- 30.2.1.1. Overview
- 30.2.1.2. Products and Services
- 30.2.1.3. Strategy
- 30.2.1.4. Financial Performance
- 30.2.2. Microsoft Corporation
- 30.2.2.1. Overview
- 30.2.2.2. Products and Services
- 30.2.2.3. Strategy
- 30.2.2.4. Financial Performance
- 30.2.3. Amazon Web Services Inc.
- 30.2.3.1. Overview
- 30.2.3.2. Products and Services
- 30.2.3.3. Strategy
- 30.2.3.4. Financial Performance
- 30.2.4. IBM Corporation
- 30.2.4.1. Overview
- 30.2.4.2. Products and Services
- 30.2.4.3. Strategy
- 30.2.4.4. Financial Performance
- 30.2.5. Cognizant Technology Solutions Corporation
- 30.2.5.1. Overview
- 30.2.5.2. Products and Services
- 30.2.5.3. Strategy
- 30.2.5.4. Financial Performance
31. AI In Education Market Other Major And Innovative Companies
- 31.1. Harbinger Group
- 31.2. Pearson plc
- 31.3. Nuance Communications Inc.
- 31.4. McGraw Hill Education Inc.
- 31.5. Blackboard Inc.
- 31.6. Coursera Inc.
- 31.7. Duolingo Inc.
- 31.8. D2L Corporation
- 31.9. Age of Learning Inc.
- 31.10. Jenzabar Inc.
- 31.11. Netex Knowledge Factory S.A.
- 31.12. Carnegie Learning Inc.
- 31.13. DreamBox Learning Inc.
- 31.14. Third Space Learning
- 31.15. Kadenze Inc.
32. Global AI In Education Market Competitive Benchmarking
33. Global AI In Education Market Competitive Dashboard
34. Key Mergers And Acquisitions In The AI In Education Market
35. AI In Education Market Future Outlook and Potential Analysis
- 35.1 AI In Education Market In 2027 - Countries Offering Most New Opportunities
- 35.2 AI In Education Market In 2027 - Segments Offering Most New Opportunities
- 35.3 AI In Education Market In 2027 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies
36. Appendix
- 36.1. Abbreviations
- 36.2. Currencies
- 36.3. Historic And Forecast Inflation Rates
- 36.4. Research Inquiries
- 36.5. The Business Research Company
- 36.6. Copyright And Disclaimer