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Research analysis on the global artificial intelligence (AI) certification courses market identifies that the rising demand for AI professionals will be one of the major factors that will have a positive impact on the growth of the market. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 34% by 2021. The need for AI professionals is observed to be growing at a rapid pace across all countries. Currently, there are many vacancies that require employees with AI skill sets. There is a rising demand for machine data scientists, machine learning engineers, AI analysts, programmers, and security experts in various industry segments. Professionals are hired for different roles that are required for new technology adoption or the automation of an existing business process. Companies are also looking for freelancers to assist them in AI-based projects. The demand for AI knowledge and the need to evaluate important sources of data to understand business patterns and to operate efficiently at minimal costs have gained importance. This increase in demand for AI professionals will subsequently drive the need for artificial intelligence certification courses.
The utilization of big data for performance evaluation is one of the latest trends that will contribute to the growth of this market in the forthcoming years. Using big data, evaluators or instructors can run a real-time data analysis to confirm the participants' presence and activities. A participant’s performance is assessed by witnessing his/her efforts and commitments. This will also help the service provider in knowing the participant’s activities better and customize the course curriculum to suit his/her needs. Moreover, the participants' activities can also be tracked based on the time of log in and log out information, and their presence during a week or topic sessions can be monitored as well.
The AI certification courses market is quite fragmented as AI certification is provided by numerous players. AI Course providers compete by distinguishing themselves in terms of course aspects, mode of course delivery, content, live projects, duration of course, and price. The AI certification course providers also design the course curriculum by partnering with technology giants such as Microsoft, Facebook, Amazon, and Uber.
The leading vendors in the market are -
Coursera
edX
EIT
Udacity
The other prominent vendors in the market are IBM, IRPAAI, Intel, Insight data, and NobleProg.
Blended learning
Online learning
During 2016, the blended learning method segment accounted for the major shares of the artificial intelligence certification courses market. Factors such as the ability to customize teaching according to the examples and the effective use of the set time of teachers and course participants, will contribute to the growth of this industry segment in the coming years.
APAC
Europe
North America
ROW
This market study estimates that in terms of geographic regions, North America will be the major revenue contributor to the artificial intelligence certification courses market throughout the forecast period. The increasing availability of new jobs from the adoption of AI and the growth in the application of AI in the fields of healthcare, pharmaceutical and biotech, will drive the growth of the market in this region.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market outline
PART 06: Market overview
PART 07: Market segmentation by learning method
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Other prominent Vendors
PART 15: Appendix
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