Artificial intelligence is making significant contributions in helping to address and overcome highly complex challenges in all areas of education. The areas being affected most notably are those that have been left previously untouched by technology.
As a result of specific advances in AI, this is all changing at a rapid-fire pace. We are now seeing accelerating use cases for artificial intelligence in many areas of education. Everything from extended learning beyond classrooms, to real-time assessment and feedback, to automated creation of personalized learning plans, to supporting teachers on time-consuming tasks, is now possible courtesy of AI.
According to a recent research conducted by MarketsandMarkets, the global marketplace for AI-enabled solutions in education is projected to reach $3.68 billion by 2023. The research firm foresees AI technologies such as deep learning, machine learning, and natural language processing (NLP) applied to education and training software, to improve performance and the learning experience. MarketsandMarkets forecasts that AI technologies will be implemented as per educational models, such as the learner model, pedagogical model, and domain model, improving educational systems for better knowledge delivery and assessment.
For those AI developers and integrators that focus on solutions for the education space, this new level of market adoption presents significant opportunity.