Generative AI (Generic Artificial Intelligence, or GAI) is an emerging form of artificial intelligence (AI), capable of creating text, images and music – potentially revolutionizing the education technology (edtech) market in its entirety. Although still under development, Generative AI may revolutionize education technology (edtech). One of the most impressive applications of generative AI in education technology is personalized learning. Generative AI can be leveraged to tailor learning experiences based on each student’s individual needs and learning styles – for instance creating tailored practice problems, quizzes and feedback mechanisms using AI.
Generative AI offers another exciting application in education technology: creating engaging and interactive learning content. Generative AI can create virtual environments, simulations, or games that help students study more efficiently – for instance creating virtual science labs where students can conduct experiments without risk.
According to analysts at TechMarketReports, The Generative AI in Edtech Market is projected to reach a valuation of USD 5261 Mn by 2032 at a CAGR of 40.5%, from USD 191 Mn in 2022.
In this blog, we identify some of the key and prominent vendors in the market.
Here are some brief details about the companies you mentioned:
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View Generative AI in Edtech Market By Technology (Adaptive Learning, Content Generation, Automated Grading, Personalized Tutoring, Virtual Simulations, and Others), By End-User (Students, Teachers, Administrators, Educational Institutions, and Others), By Region and Companies – Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032