AI-based applications such as ML (Machine Learning), NLP (Natural Language Processing), RPA (Robotic Process Automation), etc., have been widely utilized among all industry verticals, including EdTech. As a matter of fact, EdTech is one of the initial adopters of AI and takes digital transformation as a significant uptake.
Statistical View of AI in the Education Technology Industry
- As per the recent survey, the AI in the Edtech market is expected to grow at a CAGR of 45% (2021-2030), estimated to reach around $80 billion by the year 2030.
- In fact, the global digital education market, most commonly referred to as the eLearning market, is projected to surpass the handsome value of $243 billion by the end of 2022, all thanks to AI services.
- AI in edTech is more significant than we know since over 50% of administrative schools and learning institutions rely on AI services for assistance and quality education.
- The recent AI trends have resulted in enhanced student engagement, gamified classrooms, interactive lectures, and customized courses, taking edTech progress to a 5x growth chart.
- Since AI is exponentially increasing in every education demographic, here’s a graph depicting region-wise growth of AI in the edtech sector from 2021 – 2027.
These figures are hardly surprising, given the myriad of benefits of AI in the education sector. EdTech has already streamlined its technology cases on a note of a billion-dollar industry, which is why digital businesses are in a desperate position to invest in an edTech development project.
Over 63% of education businesses believe in seeking the technical partnership of an experienced education app development company to make technology a core part of their edTech goals. If you still need convincing about the role AI plays in the progression of education technology, here are a few AI applications in edTech to change your mind.
Top 5 Applications of AI Transforming The EdTech Industry
Here is a detailed list of the applications of Artificial Intelligence in the education sector.
1. Personalized learning
Not every learner grasps knowledge the same way. The traditional education learning system lacked the concept of personalized learning for every student. But worry not when AI is all in for the rescue.
AI in edtech ensures that every educational software, app, or platform is customized as per individual needs. Moreover, with supporting technologies such as Deep Learning and ML, the systems based on AI backup how every student adapts to the curriculum.
With features like gamified lessons, audio and video playback, quiz and tests, edtech organizations can handle effective learning.
2. Smart content creation
Machine learning and Artificial intelligence in education can also help research experts and teachers create intelligent, intuitive, and innovative content for preaching purposes. Here’s how AI supports smart learning:
Information visualization- The conventional education methods do not support visual learning except in lab practicals which is why AI is here to create real-time visualizations and web-based study environments for 2D -3D learning.
Digital lesson generation- AI specializes in generating bit-size learning via lessons in digital formats or low-storage study materials. The best part is, these study materials are available online, accessible to anyone from anywhere in the world.
3. Closed skill gap
Upskilling students, employees, and the associated workforce can be a valuable solution for businesses suffering from the technology gap. ML and AI-powered application development and software solutions can offer unlimited upskilling opportunities in a cost-efficient approach.
Apart from this, AI-based Machine learning and Deep learning directly contribute to the L&D (Learning and Development) sector by analyzing how people acquire skills and knowledge. As soon as the system adapts to the acquired way, the learning process automates leading to convenient upskilling.
4. Customized support and feedback
When it comes to learning experiences, feedback is a crucial ingredient whether in the classroom or an organization. It is also vital that the feedback comes from a trusted source, which is why AI in edtech analyzes and estimates the work reports as feedback for everyday learning.
Feedback backed up by data helps with a transparent grading system, and student satisfaction and removes the biased concept from learning. Not to mention that the feedback is tailored as per every student or employee performance stored in the system.
5. Conversational AI for 24*7 assistance
Chatbots are the most popular example of AI depicting how data can consume information and respond to users. Conversational AI systems also deliver intelligent tutoring by closely analyzing the content consumption pattern and catering to their needs accordingly.
People on a global level are looking to opt for corporate training or distance learning so that they don’t have to take a break from their classes or job. Conversational AI can be a huge help here in the case of instant solution delivery, assessment-related query, multilingual assistance, access to study material, or 24*7 support.
How To Get Started With AI in EdTech
An AI-based application or software solution can be beneficial to the education business in more than one way. This is probably why education startups and organizations keep looking for various ways to innovate learning with AI.
Therefore, if you are a part of the education sector, it is officially time to integrate innovative AI solutions into your business. Make sure you partner with a reliable education app development company to gain cost-effective quality AI EdTech services aligned with your business objectives.
So what are you waiting for? Leverage modern AI applications to scale your business to new heights.