Artificial Intelligence to Grow 47.5% in Education Over Next 4 Years

AI

The artificial intelligence (AI) market in the United States education sector is expected to grow at a compound annual growth rate of 47.5 percent during the period 2017-2021, according to a new report by market research firm Research and Markets.

The report, “Artificial Intelligence Market in the U.S. Education Sector 2017-2021,” was prepared based on an in-depth market analysis with inputs from industry experts, Research and Markets said in a news release. The report covers the market its growth prospects from this year through 2021. To calculate the market size, the report considered the revenue generated through sales of AI software-based products and complementary services to customers in the education market.

The report also includes a discussion of the key vendors operating in this market. Some of the key vendors are:

Other prominent vendors include:

One trend in the market is artificial intelligence-empowered educational games. These games provide teachers a useful medium to teach educational concepts in an interactive and engaging manner. Such a method not only generates curiosity but also motivates through reward points, badgers and levels. Vendors are incorporating features of artificial intelligence in games to enhance the interactivity element.

These games embody the adaptive learning feature so that students can be given frequent and timely suggestions for a guided learning experience. These games improvise adaptive learning features while deploying machine learning, a form of artificial intelligence.

Another trend is the increase of artificial intelligence services through mobile devices, the report said.

The cost of the report for a single user is $3,500, which includes one hour of an analyst’s time to review the report.

For more information, visit Research and Market’s website.

About the Author

Richard Chang is associate editor of THE Journal. He can be reached at [email protected].

Featured

  • A young figure sits on a floating platform with colorful waves, holding a glowing orb, while transparent bar graphs and pie charts rise subtly in the background on a gradient blue-to-yellow backdrop.

    Report: Student Mental Health Issues on the Rise

    Nearly half of school mental health providers (46%) in a recent survey said that student mental health has worsened this school year compared to last year.

  • interconnected glowing nodes and circuits in blue and green, forming a neural network on a dark background with a futuristic design

    Tech Giants Launch $100 Billion National AI Infrastructure Project

    OpenAI, SoftBank, and Oracle have announced a new venture, Stargate, through which they aim to build a massive AI infrastructure network across the United States. The initiative, which was announced at the White House with President Donald Trump, has been described as the "largest AI infrastructure project in history."

  • glowing blue nodes connected by thin lines in an abstract network on a dark gray to black gradient background

    Gartner Report: Generative AI Taking Over SD-WAN Management

    In a few years, nearly three quarters of network operators will use generative AI for SD-WAN management, according to a new report from market research firm Gartner.

  • zSpace Imagine Learning Solution

    zSpace Debuts Headset-Free AR/VR System

    Immersive learning company zSpace has announced the zSpace Imagine Learning Solution, a headset-free AR/VR laptop system designed for elementary education. The all-in-one platform integrates hardware, software, and hands-on lessons to create dynamic learning experiences for young students.