Artificial Intelligence in the Education Sector Market Size Forecasted to be Worth USD 17.83 Billion by 2027 – TechBullion

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The global artificial intelligence in the education sector market is expected to be valued at USD 17.83 billion by 2027 from USD 1.08 Billion in 2019,registering a CAGR of 43.8% through the forecast period, according to the latest report by Emergen Research. The growth of the global artificial intelligence in the education sector market is driven primarily by increased demand for real-time learner progress tracking and analysis solutions, and this is expected to increase exponentially over the forecast period. Growing demand for artificial intelligence (AI) to simplify institutional administrative processes is expected to further fuel global artificial intelligence in the education sector market growth over the forecast period. It is also projected that the rise in venture capital funding for EdTech companies will fuel the development of global artificial intelligence in the education sector industry over the next few years.

During the forecast period, the high cost of implementation and deployment of AI-driven software is expected to hamper the growth of global artificial intelligence in the education sector market to some extent.

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Key Highlights of Report:

Emergen Research has segmented the Global Artificial Intelligence in the Education Sector Market on the basis of deployment, technology, application, end-use, and region.

To get leading market solutions, visit the link below:

https://www.emergenresearch.com/industry-report/artificial-intelligence-in-the-education-sector-market

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Artificial Intelligence in the Education Sector Market Size Forecasted to be Worth USD 17.83 Billion by 2027 - TechBullion

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