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Artificial Intelligence Market in the US Education Sector 2018-2022 | 48% CAGR Projection Over the Next Four Years | Technavio

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The artificial intelligence market in the US education sector 2018-2022
is expected to post a CAGR of close to 48% during the forecast period,
according to the latest market research report by Technavio.

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Technavio has published a new market research report on the artificial intelligence market in the US ...

Technavio has published a new market research report on the artificial intelligence market in the US education sector from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is growing emphasis on
customized learning paths using AI. In education, each student has his
or her own learning pace. In the US, teachers and students are
technologically sound with a strong understanding of the AI technology.
Teachers are increasingly relying on ML technologies to collect student
data to gain actionable insights into a students' performance and make
informed decisions.

This market research report on the artificial
intelligence market in the US education sector 2018-2022
also
provides an analysis of the most important trends expected to impact the
market outlook during the forecast period. Technavio classifies an
emerging trend as a major factor that has the potential to significantly
impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the increased emphasis on chatbots
as one of the key emerging trends in the artificial intelligence market
in the US education sector:

Artificial intelligence market in the US
education sector: Increased emphasis on chatbots

In the US, schools and colleges are increasingly emphasizing on the use
of chatbots. Chatbots use AI, ML, and deep learning technologies to
store, process, and communicate data to students. Chatbots have the
capability of performing multiple functions, including conversations
with students and answering queries. They can perform a diverse set of
tasks and can also be used to assess, and correct assessments submitted
by students.

"With the increasing scope of chatbots, research on the applicability
of chatbots is creating new opportunities for vendors. Chatbots can help
students to learn at spaced intervals. It can keep track of the subjects
learned by students using the deep learning technology, identify time
during which a student may have forgotten the learned concepts, and
repeat the old lessons in varied time intervals,"
says a senior
analyst at Technavio for research on education technology.

Artificial intelligence market in the US
education sector: Segmentation analysis

This market research report segments the artificial intelligence market
in the US education sector by end-user (higher education and K-12) and
by education model (learner model, pedagogical model, and domain model).

The higher education segment led the market in 2017 with a market share
of almost 69%, which is due to the student's knowledge and proficiency
in the use of modern technology.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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