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.

Highlights: Ai In The Edtech Industry Statistics

  • 77.4% of respondents from a 2018 Gallup survey said they believe AI will have a positive impact on education.
  • By 2021, AI in the US education sector is projected to grow by 47.5%.
  • In the education technology (EdTech) market, AI is predicted to grow at CAGR of 47% by 2021.
  • Using AI can help reduce the time necessary for administrative tasks by 20% to 40% in educational institutions.
  • The value of AI in education is expected to reach $6 billion by 2024.
  • 34% of schools are expected to adopt AI to assist with administrative tasks by 2024.
  • Over 50% of the online courses will be driven by AI by 2024.
  • About 79% of K-12 teachers and administrators agree or strongly agree that edtech including AI improves student outcomes.
  • 80% of learning management tools will be AI-enabled by 2025.
  • 23% of teachers currently use AI-powered digital learning platforms in the classroom.
  • AI is set to improve lifelong learning by 29% by 2030.
  • Between 2020 and 2027, the global AI in education market size is expected to grow at a CAGR of 40.1%.
  • Globally, the AI in education industry is expected to exceed $10 billion by 2026.
  • Approximately 96% of teachers believe AI will play a significant role in education for all age groups.
  • About 41% of educators say their schools are already using AI-based applications.
  • 51% of educators believe that AI will have a significant impact on personalized learning.
  • AI has increased student exam scores by 10-20% in recent years.
  • As of 2020, 47% of learning management tools were AI-based.

Our Newsletter

The Business Week In Data

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!

→ Learn more about our Newsletter

Table of Contents

In recent years, the intersection of artificial intelligence and education technology (EdTech) has been reshaping the way educators approach teaching and learning. The use of AI in the EdTech industry presents a multitude of opportunities to personalize learning experiences, increase student engagement, and streamline administrative tasks. In this blog post, we will explore the latest statistics and trends surrounding AI in the EdTech industry, shedding light on how this innovative technology is revolutionizing the way we educate and learn.

The Latest Ai In The Edtech Industry Statistics Explained

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

In a 2018 Gallup survey, 77.4% of respondents expressed their belief that artificial intelligence (AI) will have a positive impact on education. This statistic indicates that a significant majority of individuals surveyed are optimistic about the potential benefits of AI in the field of education. It suggests that many people view AI as a technology that can enhance teaching and learning experiences, potentially leading to improvements in student engagement, personalization of education, and efficiency of educational systems. This finding highlights a general positive perception of AI’s role in education and underscores the importance of further exploring and harnessing the potential benefits of AI in this sector.

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

The statistic stating that AI in the US education sector is projected to grow by 47.5% by 2021 indicates a significant increase in the adoption and integration of artificial intelligence technologies within this specific industry. This growth suggests that more educational institutions in the US are likely to leverage AI-driven tools and platforms to enhance various aspects of the learning process, such as personalized learning, student engagement, and administrative tasks. The projection not only reflects the increasing interest and investment in AI solutions within the education sector but also signals a potential transformation in how education is delivered and managed in the years to come, with the aim of improving efficiency, effectiveness, and outcomes for both educators and students.

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

This statistic indicates that the education technology sector is experiencing rapid growth in the integration and adoption of artificial intelligence (AI) technologies. The Compound Annual Growth Rate (CAGR) of 47% signifies the projected annual growth rate of AI within the EdTech market until the year 2021. This suggests a strong trend towards the utilization of AI-powered solutions such as personalized learning platforms, virtual tutors, and smart educational tools within the education sector. The significant increase in AI adoption is expected to revolutionize teaching methods, enhance student engagement, and improve learning outcomes through the use of advanced data analytics and personalized learning experiences.

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

The statistic suggests that implementing artificial intelligence (AI) technology in educational institutions can lead to a significant reduction in the time required for performing administrative tasks. The estimated range of 20% to 40% indicates that AI systems can streamline processes and increase efficiency by automating repetitive tasks such as data entry, scheduling, and communication. By leveraging AI technology, educational institutions can potentially cut down on the time spent on administrative duties, allowing staff to focus more on higher-value activities such as student engagement, curriculum development, and strategic planning. This statistic highlights the transformative potential of AI in optimizing operational workflows within the educational sector and enhancing overall productivity.

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

This statistic indicates that the market value of artificial intelligence (AI) technology within the field of education is projected to increase to $6 billion by the year 2024. The increasing adoption of AI tools and applications in educational settings is anticipated to drive this growth, as AI has the potential to significantly transform and enhance various aspects of the education sector, such as personalized learning, student assessment, and administrative efficiency. This expected value reflects the growing recognition of the benefits that AI can bring to education, including improved student outcomes, increased accessibility to quality education, and more efficient resource allocation. As such, the forecasted growth in the value of AI in education highlights the significant role that technology is playing in shaping the future of learning and teaching practices.

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

The statistic that 34% of schools are expected to adopt AI to assist with administrative tasks by 2024 indicates that a significant portion of educational institutions are projected to implement artificial intelligence technology to streamline and enhance their administrative processes within the next few years. This suggests a growing trend towards leveraging AI to handle tasks such as student record management, scheduling, resource allocation, and other administrative functions in schools. Such adoption of AI in educational settings may lead to improved efficiency, accuracy, and productivity, ultimately benefiting both educators and students by enabling more effective allocation of time and resources for educational activities.

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

The statistic “Over 50% of the online courses will be driven by AI by 2024” indicates that artificial intelligence (AI) is expected to play a significant role in shaping the online education landscape in the near future. This projection suggests that more than half of the online courses available to learners will incorporate AI technologies by 2024, potentially revolutionizing the way course content is delivered, personalized, and assessed. AI-driven online courses may utilize technologies such as machine learning algorithms, natural language processing, and virtual assistants to enhance the learning experience, provide adaptive feedback, and improve overall engagement and outcomes for students. This statistic highlights the growing influence of AI in education and underscores the potential for technology to transform and improve online learning environments.

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

The statistic indicates that a significant majority, about 79%, of K-12 teachers and administrators agree or strongly agree that educational technology, which includes artificial intelligence (AI), has a positive impact on student outcomes. This suggests that these educators believe that incorporating technology, particularly AI tools, into the learning environment can lead to better results for students. This high level of agreement among educators highlights a general optimism and recognition of the potential benefits of utilizing edtech to enhance teaching and learning experiences, ultimately aiming to improve student performance and achievement in K-12 education settings.

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

The statistic ‘80% of learning management tools will be AI-enabled by 2025’ suggests that a vast majority of tools used for managing and facilitating learning activities will incorporate artificial intelligence technology by the year 2025. This trend indicates a significant shift towards utilizing AI to enhance various aspects of the learning experience, such as personalization, adaptive learning, automated grading, and analytics. The integration of AI in learning management tools has the potential to revolutionize educational practices by providing more efficient, tailored, and impactful learning experiences for students and educators alike. This statistic reflects the growing importance and adoption of AI technology in the field of education to improve outcomes and meet the evolving needs of the digital age.

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

The statistic that 23% of teachers currently use AI-powered digital learning platforms in the classroom indicates the prevalence of AI technology adoption among educators. This suggests that a significant portion of teachers are integrating advanced technological tools into their teaching practices to enhance student learning experiences. The use of AI-powered platforms can offer personalized learning opportunities, real-time feedback, and innovative teaching methods, highlighting a shift towards more technology-driven educational approaches in the classroom. Additionally, this statistic underscores the importance of educators staying informed and adapting to the evolving landscape of educational technology to meet the needs of 21st-century learners.

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

The statistic “AI is set to improve lifelong learning by 29% by 2030” suggests that by the year 2030, the integration of artificial intelligence (AI) technologies is expected to enhance lifelong learning practices by increasing efficiency or effectiveness by 29%. This improvement can manifest in various ways, such as personalized learning experiences, adaptive learning algorithms, or tools for data analysis to tailor educational experiences. The statistic indicates a positive outlook for the potential impact of AI on lifelong learning, emphasizing the role technology is projected to play in transforming education and providing opportunities for continuous skill development and knowledge acquisition.

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

This statistic indicates that the global market size for artificial intelligence (AI) in education is forecasted to experience a substantial growth rate of 40.1% annually between the years 2020 and 2027. This Compound Annual Growth Rate (CAGR) reflects the steady year-over-year increase in market value that is expected to occur over the specified time period. Such a high CAGR suggests a strong and rapid expansion of the AI in education sector, driven by factors like advances in technology, increasing adoption of AI solutions in educational institutions, and a growing recognition of the benefits that AI can offer in improving learning outcomes and educational experiences.

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

The statistic suggests that the artificial intelligence (AI) in education industry is projected to experience significant growth and surpass a value of $10 billion globally by the year 2026. This indicates a growing trend of incorporating AI technology into educational systems and platforms around the world. The increasing adoption of AI in education is likely driven by the potential benefits such as personalized learning experiences, improved student outcomes, and enhanced efficiency in teaching processes. The anticipated growth in this industry highlights the increasing investment and interest in leveraging AI to revolutionize and enhance the educational sector on a global scale.

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

The statistic indicating that approximately 96% of teachers believe that AI will have a significant role in education for all age groups reflects a high level of consensus within the teaching profession regarding the potential impact of artificial intelligence on education. This statistic suggests that the vast majority of teachers recognize the growing influence of AI technologies in reshaping traditional educational practices and enhancing learning experiences across different age groups. The widespread belief among teachers in the transformative power of AI in education underscores a recognition of the opportunities and challenges that technology presents in facilitating personalized learning, improving educational outcomes, and adapting teaching methodologies to meet the evolving needs of students in today’s rapidly changing digital landscape.

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

The statistic that about 41% of educators report their schools are already using AI-based applications suggests that a substantial portion of educational institutions have integrated artificial intelligence technology into their systems. This indicates a growing trend towards adopting advanced technological tools to enhance learning and teaching experiences in schools. Educators implementing AI-based applications may be leveraging these tools for tasks such as personalizing learning, automating administrative processes, or analyzing student performance data. The widespread adoption of AI in education reflects the potential benefits of using technology to improve efficiency, effectiveness, and innovation in the education sector.

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

The statistic ‘51% of educators believe that AI will have a significant impact on personalized learning’ indicates that a little over half of educators surveyed perceive artificial intelligence (AI) as having a notable influence on customized learning experiences for students. This finding suggests that a substantial portion of educators see potential benefits in leveraging AI technologies to tailor educational content and approaches to meet individual student needs. The statistic underscores a growing recognition among educators of the transformative possibilities that AI holds for optimizing personalized learning outcomes, potentially reshaping the future of education through data-driven insights, adaptive learning systems, and enhanced student support.

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

The statistic “AI has increased student exam scores by 10-20% in recent years” suggests that the implementation of artificial intelligence technology in educational settings has led to significant improvements in student performance on exams. This increase of 10-20% indicates a substantial impact, potentially translating to higher grades, better understanding of course material, and improved overall academic achievement. It implies that AI tools and systems have been effective in enhancing educational practices, providing personalized learning experiences, and supporting students in their learning journey. The statistic suggests a positive trend towards utilizing AI to support and improve educational outcomes.

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

The statistic “As of 2020, 47% of learning management tools were AI-based” indicates that nearly half of the learning management tools available in 2020 incorporated artificial intelligence technology in their functionality. This suggests a growing trend towards the integration of AI in education technology, reflecting the industry’s increasing emphasis on leveraging data-driven insights and automation to enhance learning experiences. The prevalence of AI-based learning management tools points to the potential benefits of using advanced technologies to personalize learning, improve student outcomes, and streamline administrative processes within educational institutions.

References

0. – https://www.www.forbes.com

1. – https://www.www.marketsandmarkets.com

2. – https://www.www.grandviewresearch.com

3. – https://www.www.holoniq.com

4. – https://www.www.researchandmarkets.com

5. – https://www.www.iste.org

6. – https://www.www.gallup.com

7. – https://www.www.edweek.org

8. – https://www.www.pubpub.org

9. – https://www.www.edsurge.com

10. – https://www.learn.g2.com

11. – https://www.www.globenewswire.com

12. – https://www.blogs.systweak.com

13. – https://www.e-student.org

14. – https://www.www.gettingsmart.com

15. – https://www.campustechnology.com

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

Table of Contents

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!