Report forecast the artificial intelligence market in the US
education sector to grow at a CAGR of 47.50% during the period 2017-2021.
Artificial intelligence analyzes huge data sets at granular
levels. These data can potentially help both students and mentors who are
involved in the developmental and personalized education process. Irrespective
of the subject, these solutions have capabilities to create personalized
learning profiles for students. The technology helps educators to develop
optimized learning processes for every student.
The report covers the present scenario and the growth
prospects of the artificial intelligence market in the US education sector for
2017-2021. To calculate the market size, the report considers the revenue
generated through sales of artificial intelligence software-based products and
complementary services to customers in the education market.
According to the report, one driver in market is upsurge in
ITS. The US education industry is yet to experience critically important
artificial intelligence applications. So far, the artificial intelligence field
has offered ITSs, which have been developed with an amalgamation of machine
learning technologies. These systems are designed in such a manner that they
can interact directly with students without any human intervention. They are
capable of teaching varied subjects, such as mathematics, languages, physics,
law, and medicine. They are different from traditional computer-aided
instruction systems owing to their ability to interpret complex human responses
while simultaneously teaching. This system can analyze student learning
patterns. In addition, they can understand levels along with adjusting their
content focus and feedback.
Further, the report states that one challenge in market is
budget limitations. The deployment of artificial intelligence-based products
within classrooms is an expensive affair. Although the availability of these
products is increasing, the high price range is making them difficult for
price-sensitive customers to procure. Certain schools, which are prone to
challenges such as poor funding, can be apprehensive about implementing such
solutions to support new learning and teaching methods. They are burdened with
tasks of education overhaul as mandated by the US government. They are required
to divert a major amount of the capital toward the digitalization of the
education system. As a result, they are left with a lesser amount of money to
carry out the incorporation of expensive artificial intelligent educational
materials.
Artificial Intelligence Market in the US Education Sector
2017-2021, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
key players in the artificial intelligence market in the US
education sector: Cognii, IBM, Nuance Communications, and Quantum Adaptive
Learning.
Other Prominent Vendors in the market are: ALEKS,
Blackboard, DreamBox Learning, Jenzabar, Microsoft, and Pearson.
Market driver
- Growing collaboration among vendors and institutions.
- For a full, detailed list, view our report
Market challenge
- Steering cognition developments.
- For a full, detailed list, view our report
Market trend
- Artificial intelligence services through mobile devices.
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 60 pages and 19 Exhibits “Artificial
Intelligence Market in the US Education Sector 2017 - 2021” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
landscape, Market segmentation by end-user, Market segmentation by model, Market drivers, Impact of drivers,
Market challenges, Impact of drivers and challenges, Market trends, Vendor
landscape, Key vendor analysis, Other prominent vendors, Appendix.
For
more information Visit at: http://mrr.cm/UUf
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