North America Is Leading Industry in Global AI in Education Market
To improve the productivity of the industry, artificial intelligence (AI) is rapidly utilized in the education domain in various manners. As per P&S Intelligence, by 2030, the AI in education market will touch a value of USD 25,772 million. This can be mainly attributed to the surging funding in this know-how, growing requirement for, based on AI, customized education, and mounting demand for automating organizational activities.
The category of solution accounts for the larger share, of around 77.4%, in the market, which will continue to maintain this dominance. This is primarily credited to the surging requirement for AI-based academic software to allow teachers to automate organizational activities and discover more potential for developing the efficiency of teaching.
The larger revenue share belongs to the cloud category, which is predicted to continue this trend in the years to come. The growth of this category is owing to the growing demand for cloud portals to assist IT transformation and surging emphasis on decreasing the overall value of ownership.
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