Friday, 07 September 2018 08:05

AI in Education to Top $6 Billion

Rate this item
(0 votes)

Capture3

Artificial Intelligence (A.I.) in education market is set to surpass $6 billion by 2024, according to a new research report by Global Market Insights, Inc. A.I. assists in improving the quality of education by addressing the learning challenges faced in the past including planning, reasoning, language processing, and cognitive modeling.

Various benefits offered by the acceptance of A.I. in education sector include tutoring, grading, immediate feedback on course quality, personalization in education, and instant feedback to students. The aim of A.I. is to be a virtual facilitator for the learning domain and to create virtual human-like qualities, who can think, react, act, and interact in a natural way using verbal and non-verbal communication.

The sector is expected to grow 50% CAGR. The key  players in the A.I. in education market are IBM, AWS, Microsoft, Google, Nuance, Century Tech, Blackboard, Pearson, Cognii, Volley.com, Blippar, Knewton, Jenzabar, Content Technologies, PLEIQ, Luilishuo, Pixatel System, and Quantum Adaptive Learning.

Source: https://www.gminsights.com/industry-analysis/ artificial-intelligence-ai-in-education-market

Read 584 times

Solutions

New Magenta Features Put Employees on the Fast-Track to…

Skills development is a top concern of Learning and Development (L&D) professionals and business…
Read more...

ej4 Delivers Engaging Content & Platform

Since 2004, ej4 has delivered the unexpected in the e-learning industry. Our unique style of…
Read more...

Bizlibary Selected by the Learning! 100

The BizLibrary Experience is the perfect mix of content, technology and service- setting up you and…
Read more...

Lumesse Learning Launches me:time

Employees are increasingly taking control of their own learning, and at the same time organizations…
Read more...

UpsideLMS Offers APIs & Integrations

From new Web Conferencing tools to HRISs, CRMs and more, UpsideLMS’s API and Integration library…
Read more...

Calf LMS Leverages Cognitive Elements

Continuous Application of Learning Feedback (CALF) LMS and Measurement platform tracks learning…
Read more...

 


You are now being logged in using your Facebook credentials