Global Artificial Intelligence Market in the Education Sector to Grow at an Impressive CAGR of Over 39% Through 2020: Technavio

Technavio publishes key highlights and figures from several sectors under the education technology industry. (Graphic: Business Wire)

LONDON--()--Technavio has published three reports, including text-to-speech education technology, artificial intelligence, and classroom displays, categorized under the education sector. The reports highlight the major market trends, drivers, challenges and several other factors that are expected to change market dynamics during the forecast period.

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Global Text-to-speech Education Technology Market 2016-2020

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The global text-to-speech education technology market is expected to grow steadily during the next four years and post a CAGR of almost 9% by 2020. The rise in enrollment of dyslexic students in educational institutions in several countries across the globe is one of the primary factors responsible for the growth of this market. These educational institutions need to adopt assistive technologies such as text-to-speech education technology to help these students understand the courses better. Therefore, the coming years will witness a rapid increase in the adoption of text-to-speech education technology.

Global Artificial Intelligence Market in the Education Sector 2016-2020

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Technavio's research analysts have projected that the global artificial intelligence market in the education sector will grow exponentially and post an impressive CAGR of over 39% by 2020. One of the primary factors driving market growth will be the adoption of ITS (intelligent tutoring systems) in the learning process. The ITS are designed with the ability to interpret complex human responses while simultaneously imparting knowledge on various subjects, such as mathematics, languages, physics, law, and medicine. Furthermore, these systems also provide critical ideas, personalized learning for each student, comprehensive feedback. The recent increase in the number of universities offering graduate and postgraduate programs in artificial intelligence will help in the growth of the market.

Global Classroom Displays Market 2016-2020

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Extensive research carried out by the analysts at Technavio has shown that the global classroom displays market will exhibit promising growth with an impressive CAGR of more than 30% over the forecast period. The recent preference for content digitization and the high adoption of the BYOD policy among end users from the education sector will lead to the inclusion of new learning models such as gamification and social learning. Therefore, many institutions have adopted blended learning models which mandate the adoption of suitable classroom displays. Education projectors, interactive flat panels, interactive tables, IWBs, and wireless slates are the major product segments analyzed in this market study.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

Technavio has published three reports, including text-to-speech education technology, artificial intelligence, and classroom displays, categorized under the education sector.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com