How artificial intelligence is enabling the rise of EdTech

As AI-based applications such as natural language processing (NLP), robotic process automation (RPA), and machine learning (ML) become increasingly popular, the impact of AI is being felt across industries. The global market for artificial intelligence (AI) software is expected to grow rapidly, touching USD 126 billion by 2025, according to Statista. Education is a sector where AI is seeing considerable uptake. The global market for AI in education is expected to touch USD 3.68 billion by 2023, a per a Markets and Markets report. This is hardly surprising given the myriad of applications for AI in the education sector, especially as online education becomes mainstream.