Industry

Industry Insight

The field of artificial intelligence is vast and filled with many promises. What is the outlook for AI tutoring? Here are some snapshots. Full reports are also attached below for your reference.

In Higher Education, AI and chatbots are already seeing use. Two interesting areas for chatbots include increased personalization which will help in improving learning; and improvement in student recruitment. AI use in general can be seen at all levels of Higher Ed.

KPMG predicts that by 2030, AI will take over most of online education. By 2032, it could become the ideal teacher that can individualize learning for every student.

AI in Education is expected to exceed $6 billion USD by 2024. The high cost of development is hindering growing, but the education market in Asia is particularly interested in growing this industry. With many government initiatives in the region having an impact.

With China and US leading in investment in the AI tutoring market, the CAGR could reach 14% during 2018-2022. There is particularly strong interest and support for mobile-based tutoring.

GARTNER Analysis.pdf

KPMG Analysis Future.pdf

https://www.gminsights.com/industry-analysis/artificial-intelligence-ai-in-education-market?utm_source=globenewswire.com&utm_medium=referral&utm_campaign=Paid_globenewswire

https://www.technavio.com/report/global-online-tutoring-market-analysis-share-2018?utm_source=t9discount&utm_medium=bw&utm_campaign=businesswire

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screenshot of webpage on smart virtual learning possibilities

<---For an interesting read about some of the realized applications of AI in education, explore this excellent 2019 article on the possibilities of AI tutors and AI chatbots by Kumba Sennar.

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