Artificial Intelligence (AI) in the education market will cross $20 billion by 2027, according to market research and consulting provider Global Market Insights. It is expected to grow at a Compound annual growth rate (CAGR) of 40% between 2021 and 2027. K-12 will account for over 30% of the revenue share. The rising demand for online learning platforms after the COVID outbreak has prompted the development of innovative AI machine learning-based solutions. AI is helping to improve student’s learning styles by offering personalized tutoring, immediate feedback, and gauging pre-existing knowledge.
https://iblnews.org/ai-technology-in-education-will-grow-40-annually-until-2027/
