After the pandemic, the global artificial intelligence in the education market has tremendously transformed to great heights. This is due to the shutting down of all educational institutions as part of Covid-19 protocols. And this has forced the traditional educational system to shift online, opening many innovations for AI in the education sector.
According to the latest research, AI in the education market is expected to grow up to US$20 billion by 2027. As the AI in this sector is predicted to grow by 40% CAGR until 2027, cloud computing services are adding value to this demand for helping the online educational market to rise. Software-as-a-Service and Platform-as-a-Service are becoming popular due to their affordable nature.
While coming to Machine Learning technology it is also expected to contribute to the educational sector facilitating and establishing a neutral grading system and feedback mechanisms for both the students as well as the teachers. This can help in maintaining the structured database for future usage by recognizing valuable patterns in the content world.
Whether it be primary or secondary education, it has a share of nearly 30% of the education market. The integration of AI in the education sector has transformed the problem-solving and thinking capabilities of the students, inspiring many new career opportunities. AI software tools are created to cater to the student’s requirements and support them in their learning process.
The adoption of cloud-based services by the educational institutions fell drastically by reducing the cost of the ownership, demanding to invest in developing the necessary infrastructure for quality and advanced educational systems. And significant cloud-based services are growing, enhancing the experiences of students of universities and schools.
The rapid growth of digital technologies such as IoT, AI, ML, Big Data is driving industries of all kinds. This is due to the growing internet connections accepting modern technologies, especially in AI in education. And this is powering AI companies to come up with new and advanced platforms gaining upper hand in the competitive landscape opening doors to students becoming efficient in offering personalized content.