The increasing focus of the education sector on conversational learning, owing to the rapid adoption of e-learning and digital solutions, is facilitating the deployment of artificial intelligence (AI) technology in this sector. In conversational learning content is presented as a two-way conversation, owing to which the learning process becomes more interactive, customized, and interesting for students.
In recent years, the education sector has preferred natural language processing (NLP) over other AI technologies, such as image processing, machine learning, video recognition, and cognitive computing, due to the burgeoning demand for a natural language conversational experience among learners and educators. NLP assists students in writing assignments and teachers in assessing and analyzing as it aids in processing text and speech in an electronic format from discussions and chats on learning portals.
This market research report provides a comprehensive overview of the market
To transform the learning process through AI, educators are increasingly deploying chatbots, as they can be programmed as per the requirements of the learner. Additionally, the surging need for automating administrative tasks will is expected to drive the AI in education market at an exceptional CAGR of 32.9% during the forecast period (2020–2030).
According to P&S Intelligence, the market revenue stood at $1.1 billion in 2019, and it will reach $25.7 billion by 2030. Educators usually spend a lot of time grading exams, assessing homework, enrolling students, and defining policies. To reduce time consumption and dedicate their crucial time to teaching, academic institutes are deploying AI solutions to perform such administrative activities.
In recent years, the education sector has preferred natural language processing (NLP) over other AI technologies, such as image processing, machine learning, video recognition, and cognitive computing, due to the burgeoning demand for a natural language conversational experience among learners and educators. NLP assists students in writing assignments and teachers in assessing and analyzing as it aids in processing text and speech in an electronic format from discussions and chats on learning portals.
- The Future potential of the market through its forecast for the period 2020– 2030
- Major factors driving the market and their impact during the short, medium, and long terms
- Market restraints and their impact during the short, medium, and long terms
- Recent trends and evolving opportunities for the market participants
- Historical and the present size of the market segments and understand their comparative future potential
- Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
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