According to the market research report released by Technavio, the artificial intelligence market in the US education sector is expected to accelerate at a CAGR of almost 48% during the forecast period. The significant scope of AI applications is one of the key factors triggering the growth of the market.
This research report titled ˜Artificial Intelligence Market in the US Education Sector 2018-2022 provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the artificial intelligence market in the US education sector into the following education model:
- Learner model
- Pedagogical model
- Domain model
In 2017, the learner model segment accounted for the largest share of over 59% in the artificial intelligence market in the US education sector, followed by the pedagogical model and the domain model.
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Artificial intelligence market in the US education sector: Top emerging trend
Increased emphasis on chatbots is an emerging trend in this market space. 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 diverse set of tasks and can also be used to assess, and correct assessments submitted by students. As the scope of chatbots is increasing, research on the applicability of chatbots is creating new opportunities for vendors.
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Technavios sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Technavios report provides expert market research on the following topics:
- Market Outline
- Artificial Intelligence Market in the US Education Sector Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Key leading countries
- Market segmentation by education model (learner model and pedagogical model)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Cogni, IBM, Microsoft, Nuance Communications, Pixatel, and Quantum Adaptive Learning)
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavios report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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