Generative AI In Education- Market Scope
Generative AI is a specific form or process of AI that generates new information, content, or output. Generative AI in Education is a set of different AI/ML technologies and integrations that can help boost the education process, automate it, or improve it in different ways. This generative AI differs from traditional AI methods at a fundamental level. Generative AI uses machine learning algorithms to identify patterns in existing data and generate content. In the context of education, generative AI develops new content that follows curriculum features and customizes learning experiences.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Yalantis (Poland), XenonStack (Dubai), Neoteric (Poland), INOXOFT (Philadelphia), Miquido(Poland), Pixelette Technologies (United Kingdom), Klaviyo (United States), Kensho Technologies (Cambridge), Lily AI (United States), Smartly.io (Finland) and Unlearn.AI (United States) |
CAGR | 20.3% |
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Generative AI In Education- market throughout the predicted period.
Yalantis (Poland), XenonStack (Dubai), Neoteric (Poland), INOXOFT (Philadelphia), Miquido(Poland), Pixelette Technologies (United Kingdom), Klaviyo (United States), Kensho Technologies (Cambridge), Lily AI (United States), Smartly.io (Finland) and Unlearn.AI (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are TestFit (Texas), Intelligent Medical Objects (United States), MaestroQA (United States), Udemy (United States), Everyday Agents (United States) and Bubble (New York).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Generative AI In Education- market by Type , by Application (Adaptive Learning, Content Generation, Automated Grading, Personalized Tutoring, Virtual Simulations, Intelligent Learning System and Others) and Region with country level break-up.
On the basis of geography, the market of Generative AI In Education- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
In January 2024, Coursera announce the launch of Generative AI Academy, designed to equip executives and their employees with the skills needed to thrive in an AI-driven workplace. GenAI Academy offers a unique blend of foundational literacy and executive education programs from top research universities and companies at the forefront of AI, including Microsoft, Stanford Online, Vanderbilt University, DeepLearning.AI, Fractal Analytics, Google Cloud, and AWS.
Influencing Trend:
Explainable AI and transparency and Content generation and customization
Market Growth Drivers:
There is a growing demand for personalized learning experiences and Increased investments and funding in edtech and AI startups contribute to the development and expansion
Challenges:
Implementing generative AI solutions can involve significant upfront costs for educational institutions and Ensuring equal access to generative AI-powered tools is crucial to avoid exacerbating existing educational inequalities
Restraints:
Data Privacy Concerns, Implementation Costs and Reliability and Accuracy
Opportunities:
AI can generate educational content, including quizzes, assessments, and even lesson plans and Interactive chatbots using AI can engage students in language conversations to enhance their skills
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations, End-Use Industries and Others