GITNUX MARKETDATA REPORT 2024

Ai In The Edtech Industry Statistics

AI in the Edtech industry is expected to grow rapidly, with an estimated market value of over $1.8 billion by 2024.

With sources from: forbes.com, marketsandmarkets.com, grandviewresearch.com, holoniq.com and many more

Statistic 1

77.4% of respondents from a 2018 Gallup survey said they believe AI will have a positive impact on education.

Statistic 2

By 2021, AI in the US education sector is projected to grow by 47.5%.

Statistic 3

In the education technology (EdTech) market, AI is predicted to grow at CAGR of 47% by 2021.

Statistic 4

Using AI can help reduce the time necessary for administrative tasks by 20% to 40% in educational institutions.

Statistic 5

The value of AI in education is expected to reach $6 billion by 2024.

Statistic 6

34% of schools are expected to adopt AI to assist with administrative tasks by 2024.

Statistic 7

Over 50% of the online courses will be driven by AI by 2024.

Statistic 8

About 79% of K-12 teachers and administrators agree or strongly agree that edtech including AI improves student outcomes.

Statistic 9

80% of learning management tools will be AI-enabled by 2025.

Statistic 10

23% of teachers currently use AI-powered digital learning platforms in the classroom.

Statistic 11

AI is set to improve lifelong learning by 29% by 2030.

Statistic 12

Between 2020 and 2027, the global AI in education market size is expected to grow at a CAGR of 40.1%.

Statistic 13

Globally, the AI in education industry is expected to exceed $10 billion by 2026.

Statistic 14

Approximately 96% of teachers believe AI will play a significant role in education for all age groups.

Statistic 15

About 41% of educators say their schools are already using AI-based applications.

Statistic 16

51% of educators believe that AI will have a significant impact on personalized learning.

Statistic 17

AI has increased student exam scores by 10-20% in recent years.

Statistic 18

As of 2020, 47% of learning management tools were AI-based.

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In this post, we explore the significant impact of artificial intelligence (AI) in the education technology (EdTech) industry. From projections on market growth to the adoption of AI in administrative tasks and classroom learning, statistics paint a compelling picture of how AI is revolutionizing the landscape of education. Let’s delve into the data that reveals the growing role of AI in shaping the future of learning.

Statistic 1

"77.4% of respondents from a 2018 Gallup survey said they believe AI will have a positive impact on education."

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Statistic 2

"By 2021, AI in the US education sector is projected to grow by 47.5%."

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Statistic 3

"In the education technology (EdTech) market, AI is predicted to grow at CAGR of 47% by 2021."

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Statistic 4

"Using AI can help reduce the time necessary for administrative tasks by 20% to 40% in educational institutions."

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Statistic 5

"The value of AI in education is expected to reach $6 billion by 2024."

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Statistic 6

"34% of schools are expected to adopt AI to assist with administrative tasks by 2024."

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Statistic 7

"Over 50% of the online courses will be driven by AI by 2024."

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Statistic 8

"About 79% of K-12 teachers and administrators agree or strongly agree that edtech including AI improves student outcomes."

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Statistic 9

"80% of learning management tools will be AI-enabled by 2025."

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Statistic 10

"23% of teachers currently use AI-powered digital learning platforms in the classroom."

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Statistic 11

"AI is set to improve lifelong learning by 29% by 2030."

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Statistic 12

"Between 2020 and 2027, the global AI in education market size is expected to grow at a CAGR of 40.1%."

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Statistic 13

"Globally, the AI in education industry is expected to exceed $10 billion by 2026."

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Statistic 14

"Approximately 96% of teachers believe AI will play a significant role in education for all age groups."

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Statistic 15

"About 41% of educators say their schools are already using AI-based applications."

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Statistic 16

"51% of educators believe that AI will have a significant impact on personalized learning."

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Statistic 17

"AI has increased student exam scores by 10-20% in recent years."

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Statistic 18

"As of 2020, 47% of learning management tools were AI-based."

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Interpretation

In conclusion, the statistics presented reveal a significant and growing trend towards the integration of AI in the education technology sector. From the overwhelmingly positive perceptions of AI's impact on education to the substantial projected growth rates and adoption rates of AI in schools, it is clear that AI is reshaping the educational landscape. The potential for AI to enhance student outcomes, streamline administrative tasks, and revolutionize personalized learning is evident from the reported statistics, pointing towards a future where AI will play a crucial role in transforming education at all levels.

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