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AI in Education Market Share

Report ID: GMI2639
Published Date: Jan 2023
Report Format: PDF

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AI in Education Market Share

Some of the leading companies operating in the AI in education market are

Blackboard Inc.
IBM Corporation
Amazon Web Services (AWS)
Google Inc
IBM Corporation
Knewton
Squirrel AI.

These companies are concentrating on the integration of technologies to meet the demand from various geographical areas. In March 2022, Google integrated interactive lessons and real-time feedback into its online learning platform Google Classroom. This upgradation helped the company offer students a more personal learning experience through interactive lessons and real-time feedback.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The global market of artificial intelligence (AI) in education was worth USD 4 billion in 2022 and is set to grow at a 10% CAGR through 2032 driven by the growing inclination toward smart and personalized learning methods.

The higher education end-use segment accounted for more than USD 2 billion in revenue in 2022 and is foreseen to record significant growth through 2032 as a result of the rising use of AI by universities worldwide after the COVID-19 outbreak to bridge learning gaps and accelerate learning, in combination with increased government efforts.

The market for artificial intelligence (AI) in education in Europe is poised to account for more than 15% industry share by 2032 owing to the continually developing AI systems that are boosting data utilization.

Blackboard Inc., IBM Corporation, Amazon Web Services (AWS), Google Inc, IBM Corporation, Knewton, Squirrel AI, and others are some key companies functioning in the industry.