Artificial Intelligence in Education - Industry Development and Future Analysis
The AI in education market was sized about USD 2,126 million in 2022, and it will power at a rate of 36.6% in the years to come, to reach USD 25,772 million by 2030. The solution category held a larger share, of 77.4%, in the recent past and it will continue like this in the years to come. This has a lot to do with the increasing requirement for AI academic solutions for enabling educators to mechanize administrative tasks and discover more potentials for improving the efficiency of classroom teaching. Cloud had a larger share in the past, and it will continue like this in the years to come as well. This is because of the increasing use of cloud platforms for supporting IT modernization and growing focus on reducing the total ownership cost. Moreover, cloud enables students to improve their knowledge and aids accomplish business processes, resulting in improved pupil engagement and enhanced performance. Furthermore, AI-empowered teaching solutions installed on a cloud network bid...