Artificial Intelligence Accelerating the Demand for Personalised Education

AI-based education enables personalised education and enhances the educational experience for accelerating academic goals.

FREMONT, CA: The Asian- pacific region will observe an enormous rise in the integration of AI technology in the education sector in the following years.

The global artificial intelligence in the education market had an estimation of $1.1 billion in 2019 and it is forecasted to generate revenue of $25.7 billion by 2030. According to the valuation of P&S Intelligence, the market will grow at a CAGR of 32.9% till 2030. The component driving the improvement of the market is the flourishing requirements for AI-based personalised education and growing demands for automating various administrative tasks. The adoption of personalised learning solutions gradually improves the overall learning process of education. These solutions help educators greatly to understand the background of education, academic goals, and interests of students, which in return leads to a highly personalised and better experience for students. However, these solutions allow students to involve the creative idea in the course as per their needs and interests and also obtain genuine feedback on their progress throughout the entire completion of the course.

According to AI technology, AI in the education market is divided into natural language processing (NLP) and machine learning (ML) categories. Of these, the natural language processing category recorded the highest growth in the market during the past few years. This was because of the enormous requirement for a natural language conversational experience among both educators and students. Furthermore, the NLP technology helped in speech and text processing in an electronic format from discussions and chats on portals. When end-use is taken into consideration, the market is classified into higher education, K-12 education, and corporate training, and the research is done on academics. Out of these, the higher education category is forecasted to exhibit drastic growth in the market in the upcoming years. This is basically due to the growing requirement for personalised counselling among students, the towering demand for automating administrative tasks, especially during admission processes including courses for enrollment and registration, and the gushing requirement for AI-based learning platforms.

Throughout the world, AI in education is assumed to demonstrate growth in the Asia-Pacific region in the upcoming years. This will create a quick transformation in the educational industry, the rising popularity of smart learning, and the surging investments being made in Edtech in the various regional countries. Moreover, many startups working in the industry are quickly launching their operations in these regions. The market will exhibit vast expansion across the world in the forthcoming years, mainly because of the growing demand for personalised education and learning programs in several countries.