PUBLISHER: Grand View Research | PRODUCT CODE: 1611683
PUBLISHER: Grand View Research | PRODUCT CODE: 1611683
The global AI in education market size is expected to reach USD 32.27 billion by 2030, registering a CAGR of 31.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Digitalization and technological advancement are innovating industrial sectors such as healthcare, manufacturing, education, and banking and finance. The education sector is no exception when it comes to the impact of AI integration on growth. Rapid implementation of innovative technologies such as AI in education is developing the teaching and learning experiences.
The COVID-19 pandemic severely impacted industries across the world. However, the market for AI in education witnessed a significant rise in the demand for innovative AI-based education solutions during the pandemic. Advancements such as chatbots and virtual facilitators make it reliable for the company to provide solutions and services to the students, teachers, and tutors. In July 2021, Intel Corporation, a leading technology-based company, collaborated with the Central Board of Secondary Education (CBSE) in India to launch an AI-based learning platform named AI Students Community (AISC). The collaboration is to integrate students from both non-CBSE and CBSE schools to learn from Intel's AI-certified experts.