Global Artificial Intelligence in Education Market

Apr 2020| VMR1868A| Verified Market Research

Report Highlights

Artificial Intelligence in Education Market Size And Forecast

According to Verified Market Research, the Global Artificial Intelligence in Education Market was valued at USD 521.03 Million in 2018 and is projected to reach USD 10381.70 Million by 2026, growing at a CAGR of 45.12 % from 2019 to 2026.

Global Artificial Intelligence in Education Market Outlook

The rapidly growing importance of AI technology in higher technical education is the key factor for propelling market growth. In addition, the increasing demand for intelligent adaptive learning (IAL), and the introduction of multilingual translators in AI are some other factors propelling the market growth. Furthermore, the adaption of cloud services in the educational sector led to imposing a positive factor on market growth. However, the issues related to the unavailability of the expertise, budget limitations and less investment in the ICT in some regions are some factors expected to hamper the market growth.

Global Artificial Intelligence in Education Market Competitive Landscape

The Global Artificial Intelligence in Education Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Google Inc., Microsoft Corporation, eGain Corporation, QlikTech International AB, Cognii, Inc., Next IT Corporation, Nuance Communication Inc., Quantum Adaptive Learning LLC. IntelliResponse System Inc., IBM Corporation.

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