There is moderate competition in the market as there are numerous opportunities for vendors to explore the market and design software as per the needs of the customers. The increasing need to adopt technologies for students across various geographical regions, designing cloud-based solutions, branding of products, and vigorous advertising will help business houses to augment their market presence during the estimated period.
Some of the prominent market players in the market are:
Leading innovation vendors in the market are:
By adopting adaptive learning technology into education sector, Knewton’s product, alta, helps identify gaps in a student’s knowledge, offers relevant coursework and places students back on track. It also helps instructors teach at different educational levels and is currently used for the college-level courses, such ase math, chemistry, statistics and economics.
Nuance makes speech recognition software that is used by students and faculty. The technology can transcribe up to 160 words per minute and is especially helpful for students who struggle with writing or have limited mobility. The software also enhances spelling ability and word recognition. Instructors can use the software to dictate lectures for later use or catalyze tedious tasks like document and email creation.
As a social network created to help students collaborate, Brainly is now exploring the benefits of Artificial Intelligence on its platform. To serve quality content, Brainly actually works with a team of over a thousand moderators who verify questions and answers of its users. Thanks to Machine Learning algorithms, the team of moderators have a powerful support in the automatic filter of spam and low quality content, so they are able to focus on providing quality services to students.
Carnegie Learning is an educational provider of curricula, textbooks, and math learning software for grades 6-12 written and designed to align to a Common Core or Integrated pathway. Its software was created by researchers in artificial intelligence from Carnegie Mellon University, led by Herbert A. Simon.
Liulishuo, a Chinese technological company, hosts the world’s largest speech bank of Chinese people speaking English. Its flagship product, a mobile app “Liulishuo”, equipped with the world's first “AI English Teacher,” assists non-native English speakers to improve their speech and elocution of the language through deep learning and adaptive learning.
Cognii makes AI-based products for K-12 and higher education institutions, as well as corporate training organizations. Its virtual learning assistant employs conversational technology to guide students in open-format responses that improve critical- thinking skills. The assistant also provides real-time feedback, one-on-one tutoring and is customized to each student’s needs.