AI in Education Market Size & Share, Forecast Report 2023-2032

AI in Education Market size valued at USD 4 billion in 2022 and is anticipated to witness over 10% CAGR from 2023 to 2032, owing to the growing inclination towards personalized learning. Increasing reliance on technological reinforcement and conventional techniques has rendered traditional education models no longer sufficient to sustain the sector. In order to fulfill the evolving demands of students and educators, edtech startups are transforming and improving the education sphere by disrupting traditional technologies and advancing existing learning methods. As of January 2023, there are 30 EdTech Unicorns worth $89 billion worldwide. The lack of skilled professionals is a major factor restricting the adoption of AI across the education industry.