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Artificial Intelligence Market in the Education Sector in US by End-user and Education model - Forecast and Analysis 2022-2026

  • Published: Aug 2022
  • Pages: 115
  • SKU: IRTNTR70288
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The artificial intelligence market share in the education sector in the US is expected to increase by USD 374.3 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 48.15%.

This artificial intelligence market in the education sector in the US research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the artificial intelligence market segmentation in the education sector in US by end-user (higher education and K-12) and education model (learner model, pedagogical model, and domain model). The artificial intelligence market in the education sector in US report also offers information on several market vendors, including Alphabet Inc., Carnegie Learning Inc., Century-Tech Ltd., Cognii, DreamBox Learning Inc., Fishtree Inc., Intellinetics Inc., International Business Machines Corp., Jenzabar Inc, John Wiley and Sons Inc., LAIX Inc., McGraw Hill Education Inc., Microsoft Corp., Nuance Communications Inc., Pearson Plc, PleIQ Smart Toys Spa, Providence Equity Partners LLC, Quantum Adaptive Learning LLC, Tangible Play Inc., and True Group Inc. among others.

What will the Artificial Intelligence Market Size in the Education Sector in US be During the Forecast Period?

Artificial Intelligence Market in the Education Sector Size

Download Report Sample to Unlock the Artificial Intelligence Market Size in the Education Sector in US for the Forecast Period and Other Important Statistics

 

Artificial Intelligence Market in the Education Sector in the US: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post-COVID-19 era. The increasing demand for ITS is notably driving the artificial intelligence market growth in the education sector in the US, although factors such as security and privacy concerns may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the artificial intelligence industry in the education sector. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Artificial Intelligence Market Driver in the Education Sector in US

The increasing demand for ITS is one of the major drivers impacting the artificial intelligence market in the education sector growth. ITS is increasingly being adopted in schools, colleges, and universities owing to the various benefits offered by it. Vendors such as Carnegie Mellon University offer AI software that acts as tutors, guiding students by devising step-by-step personalized learning paths. Carnegie Mellon University offers a series of mathematics tutors for middle schoolers. In addition, the increasing adoption of IAL software further drives the demand for ITS. Mc Graw Hill offers IAL software called ALEKS. It is a web-based AI assessment and learning system that uses adaptive learning to assess the knowledge of students. The advent of these AI technologies drives the growth of the market.

Key Artificial Intelligence Market Trend in the Education Sector in US

Growing emphasis on crowdsourced tutoring is one of the major trends influencing the artificial intelligence market in the education sector growth. One of the major trends that foster market growth is the rising emphasis on the use of AI for crowdsourced tutoring. Today, children do not just learn in the classroom; social media platforms also play an important role in their learning. The advent of online educational services has further fostered knowledge acquisition from social platforms. With the increase in the advent of AI learning technologies such as ML, deep learning, and NLP, it has become easy to obtain remote help from social websites and social networks. For example, the Brainly app enables users to ask homework questions and receive automatic answers that are verified by fellow students as well as educators on the platform. It also uses AI algorithms to personalize its platform's networking features and provide users with an experiential learning environment.

Key Artificial Intelligence Market Challenge in the Education Sector in US

Security and privacy concerns is one of the major challenges impeding the artificial intelligence market in the education sector growth. Artificial intelligence software is highly vulnerable to cyber-attacks. Considering that it contains a ton of data, hackers are constantly devising ways to attack this software to breach the data. It could be dangerous for the victims of such cyber-attacks to have their personal information in the open. AI models use student data to design personalized pathways for students. The process of developing an AI algorithm and its functioning often requires the algorithm to collect huge amounts of student data such as their performance, personal details, learning patterns, and other private information. The possibility of this data being compromised and misused limits market demand. Further, certain AI solutions such as ITS track activities and emotional and behavioral patterns of students. Such data need to be protected against potential misuse by education providers and recruitment organizations. Hence, the security and privacy concerns associated with AI impede the growth of the market.

This artificial intelligence market in the education sector in the US analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the artificial intelligence market in the education sector in the US in the US as a part of the global education market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the artificial intelligence market in the education sector in US during the forecast period.

Who are the Major Artificial Intelligence Market Vendors in the Education Sector in US?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Alphabet Inc.
  • Carnegie Learning Inc.
  • Century-Tech Ltd.
  • Cognii
  • DreamBox Learning Inc.
  • Fishtree Inc.
  • Intellinetics Inc.
  • International Business Machines Corp.
  • Jenzabar Inc
  • John Wiley and Sons Inc.
  • LAIX Inc.
  • McGraw Hill Education Inc.
  • Microsoft Corp.
  • Nuance Communications Inc.
  • Pearson Plc
  • PleIQ Smart Toys Spa
  • Providence Equity Partners LLC
  • Quantum Adaptive Learning LLC
  • Tangible Play Inc.
  • True Group Inc.

 

This statistical study of the artificial intelligence market in the education sector in US encompasses successful business strategies deployed by the key vendors. The artificial intelligence market in the education sector in the US is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The artificial intelligence market in the education sector in the US forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Artificial Intelligence Market in the Education Sector in US Value Chain Analysis

Our report provides extensive information on the value chain analysis for the artificial intelligence market in the education sector in US, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

What are the Revenue-generating End-user Segments in the Artificial Intelligence Market in the Education Sector in US?

Artificial Intelligence Market in the Education Sector Market Share

To gain further insights on the market contribution of various segments Request a PDF Sample

The AI market in the higher education sector in the US is expected to record a steady growth rate during the forecast period. Colleges and universities in the US are increasingly opting for tools that not only improve the quality of education but also ensure that students are provided with an experiential learning environment. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the artificial intelligence market in the education sector in US size and actionable market insights on the post-COVID-19 impact on each segment.

 

Artificial Intelligence Market Scope in the Education Sector in US

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 48.15%

Market growth 2022-2026

$ 374.3 million

Market structure

Fragmented

YoY growth (%)

46.6

Regional analysis

US

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alphabet Inc., Carnegie Learning Inc., Century-Tech Ltd., Cognii, DreamBox Learning Inc., Fishtree Inc., Intellinetics Inc., International Business Machines Corp., Jenzabar Inc, John Wiley and Sons Inc., LAIX Inc., McGraw Hill Education Inc., Microsoft Corp., Nuance Communications Inc., Pearson Plc, PleIQ Smart Toys Spa, Providence Equity Partners LLC, Quantum Adaptive Learning LLC, Tangible Play Inc., and True Group Inc. 

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Artificial Intelligence Market in the Education Sector in US Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive the artificial intelligence market growth in the education sector in US during the next five years
  • Precise estimation of the artificial intelligence market in the education sector size in US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the artificial intelligence industry in the education sector across the US
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of the artificial intelligence market vendors in the education sector in US

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 07: Parent market
    • Exhibit 08: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 09: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 10: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 11: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 12: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 13: Chart on US: Year-over-year growth 2021-2026 (%)
      • Exhibit 14: Data Table on US: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 15: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 16: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 17: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 18: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 19: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 20: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 21: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 22: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 23: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 24: Chart on Comparison by End-user
      • Exhibit 25: Data Table on Comparison by End-user
    • 5.3 Higher education - Market size and forecast 2021-2026
      • Exhibit 26: Chart on Higher education - Market size and forecast 2021-2026 ($ million)
      • Exhibit 27: Data Table on Higher education - Market size and forecast 2021-2026 ($ million)
      • Exhibit 28: Chart on Higher education - Year-over-year growth 2021-2026 (%)
      • Exhibit 29: Data Table on Higher education - Year-over-year growth 2021-2026 (%)
    • 5.4 K-12 - Market size and forecast 2021-2026
      • Exhibit 30: Chart on K-12 - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Data Table on K-12 - Market size and forecast 2021-2026 ($ million)
      • Exhibit 32: Chart on K-12 - Year-over-year growth 2021-2026 (%)
      • Exhibit 33: Data Table on K-12 - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by End-user
      • Exhibit 34: Market opportunity by End-user ($ million)

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 35: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 36: Data Table on Type - Market share 2021-2026 (%)
    • 6.2 Comparison by Type
      • Exhibit 37: Chart on Comparison by Type
      • Exhibit 38: Data Table on Comparison by Type
    • 6.3 Learner model - Market size and forecast 2021-2026
      • Exhibit 39: Chart on Learner model - Market size and forecast 2021-2026 ($ million)
      • Exhibit 40: Data Table on Learner model - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Chart on Learner model - Year-over-year growth 2021-2026 (%)
      • Exhibit 42: Data Table on Learner model - Year-over-year growth 2021-2026 (%)
    • 6.4 Pedagogical model - Market size and forecast 2021-2026
      • Exhibit 43: Chart on Pedagogical model - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Data Table on Pedagogical model - Market size and forecast 2021-2026 ($ million)
      • Exhibit 45: Chart on Pedagogical model - Year-over-year growth 2021-2026 (%)
      • Exhibit 46: Data Table on Pedagogical model - Year-over-year growth 2021-2026 (%)
    • 6.5 Domain model - Market size and forecast 2021-2026
      • Exhibit 47: Chart on Domain model - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Data Table on Domain model - Market size and forecast 2021-2026 ($ million)
      • Exhibit 49: Chart on Domain model - Year-over-year growth 2021-2026 (%)
      • Exhibit 50: Data Table on Domain model - Year-over-year growth 2021-2026 (%)
    • 6.6 Market opportunity by Type
      • Exhibit 51: Market opportunity by Type ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 52: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 53: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 54: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 55: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 56: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 57: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 58: Matrix on vendor position and classification
            • 10.3 Cognii
              • Exhibit 59: Cognii - Overview
              • Exhibit 60: Cognii - Product / Service
              • Exhibit 61: Cognii - Key offerings
            • 10.4 DreamBox Learning Inc.
              • Exhibit 62: DreamBox Learning Inc. - Overview
              • Exhibit 63: DreamBox Learning Inc. - Product / Service
              • Exhibit 64: DreamBox Learning Inc. - Key news
              • Exhibit 65: DreamBox Learning Inc. - Key offerings
            • 10.5 International Business Machines Corp.
              • Exhibit 66: International Business Machines Corp. - Overview
              • Exhibit 67: International Business Machines Corp. - Business segments
              • Exhibit 68: International Business Machines Corp. - Key offerings
              • Exhibit 69: International Business Machines Corp. - Segment focus
            • 10.6 John Wiley and Sons Inc.
              • Exhibit 70: John Wiley and Sons Inc. - Overview
              • Exhibit 71: John Wiley and Sons Inc. - Business segments
              • Exhibit 72: John Wiley and Sons Inc. - Key offerings
              • Exhibit 73: John Wiley and Sons Inc. - Segment focus
            • 10.7 McGraw Hill Education Inc.
              • Exhibit 74: McGraw Hill Education Inc. - Overview
              • Exhibit 75: McGraw Hill Education Inc. - Business segments
              • Exhibit 76: McGraw Hill Education Inc. - Key offerings
              • Exhibit 77: McGraw Hill Education Inc. - Segment focus
            • 10.8 Microsoft Corp.
              • Exhibit 78: Microsoft Corp. - Overview
              • Exhibit 79: Microsoft Corp. - Business segments
              • Exhibit 80: Microsoft Corp. - Key news
              • Exhibit 81: Microsoft Corp. - Key offerings
              • Exhibit 82: Microsoft Corp. - Segment focus
            • 10.9 Nuance Communications Inc.
              • Exhibit 83: Nuance Communications Inc. - Overview
              • Exhibit 84: Nuance Communications Inc. - Business segments
              • Exhibit 85: Nuance Communications Inc. - Key offerings
              • Exhibit 86: Nuance Communications Inc. - Segment focus
            • 10.10 Pearson Plc
              • Exhibit 87: Pearson Plc - Overview
              • Exhibit 88: Pearson Plc - Business segments
              • Exhibit 89: Pearson Plc - Key offerings
              • Exhibit 90: Pearson Plc - Segment focus
            • 10.11 Providence Equity Partners LLC
              • Exhibit 91: Providence Equity Partners LLC - Overview
              • Exhibit 92: Providence Equity Partners LLC - Business segments
              • Exhibit 93: Providence Equity Partners LLC - Key offerings
              • Exhibit 94: Providence Equity Partners LLC - Segment focus
            • 10.12 Quantum Adaptive Learning LLC
              • Exhibit 95: Quantum Adaptive Learning LLC - Overview
              • Exhibit 96: Quantum Adaptive Learning LLC - Product / Service
              • Exhibit 97: Quantum Adaptive Learning LLC - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 98: Inclusions checklist
                • Exhibit 99: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 100: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 101: Research methodology
                • Exhibit 102: Validation techniques employed for market sizing
                • Exhibit 103: Information sources
              • 11.5 List of abbreviations
                • Exhibit 104: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Artificial Intelligence Market in the Education Sector market growth will increase by $374.3 million during 2022-2026.
              The artificial intelligence market in the education sector market is expected to grow at a CAGR of 48.15% during 2022-2026.
              Technavio has segmented the artificial intelligence market in the education sector market by end-user (Higher education and K-12) ,type (Learner model, Pedagogical model, and Domain model) , and geographic (US, Africa, Albania, Algeria, and American Samoa).
              Alphabet Inc., Carnegie Learning Inc., Century-Tech Ltd., Cognii, DreamBox Learning Inc., Fishtree Inc., Intellinetics Inc., International Business Machines Corp., Jenzabar Inc, John Wiley and Sons Inc., LAIX Inc., McGraw Hill Education Inc., Microsoft Corp., Nuance Communications Inc., Pearson Plc, PleIQ Smart Toys Spa, Providence Equity Partners LLC, Quantum Adaptive Learning LLC, Tangible Play Inc., True Group Inc. are a few of the key vendors in the artificial intelligence market in the education sector market.
              North America will register the highest growth rate of 100% among the other regions. Therefore, the artificial intelligence market in the education sector market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the artificial intelligence market in the education sector market growth are:
              • Growing emphasis on customized learning paths using AI
              • Increased emphasis on chatbots
              The artificial intelligence market in the education sector market vendors should focus on grabbing business opportunities from the higher education segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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