20 Largest Universities in the World

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In this article, we will be looking at the 20 largest universities in the world. If you want to skip our detailed analysis, you can go directly to 5 Largest Universities in the World.

AI in Education: An Overview

The rise in the popularity and use of artificial intelligence is poised to revolutionize almost every industry including education. Students and teachers are increasingly becoming familiar with AI tools for education, especially generative AI tools and software. The growing popularity is expected to fuel the growth of the market in the future. According to a report by Grand View Research, the global AI-based education market was valued at $2.75 billion in 2022. The market is expected to grow at a compound annual growth rate (CAGR) of 36.0% from 2022 to 2030 to reach a valuation of $32.27 billion by the end of the forecasted period. North America dominated the global AI market in 2021 with a revenue share of over 35.0%. However, the Asia Pacific region is expected to be the fastest-growing region during the forecasted period.

One of the major trends in the integration of AI in the education industry is the provision of personalized education. The AI algorithms are capable of customizing learning experiences for each student. The algorithms evaluate the data provided by the user and make lessons and assessments that match their learning objectives. This has led to the popularity of various AI learning platforms including Riiid. Riiid is a leading AI Tutor solutions provider that uses AI to provide personalized and adaptive learning solutions. Santa by the company is an AI tutor for English proficiency tests. The app has more than 4 million users. The use of the app has been recorded to have a score increase of 169 on average within only 20 hours of study.

Companies Promoting AI in Education

Microsoft Corporation (NASDAQ:MSFT), Pearson plc (LON:PSON), and Zoom Video Communications Inc. (NASDAQ:ZM) are the prominent companies that are promoting the use of AI in education. Let's discuss the role of these companies in detail below.

Microsoft Corporation (NASDAQ:MSFT) is promoting AI in education by empowering schools worldwide to integrate AI tools into teaching and learning. They are working with education leaders, educators, and students to leverage AI for personalized learning. On March 20, Microsoft Corporation (NASDAQ:MSFT) announced its partnership with the Ministry of Education in Sri Lanka. The partnership entails the integration of artificial intelligence and machine learning into the national school curriculum. The partnership aims to modernize education and empower students and teachers with digital skills. The collaboration is hopeful for improving the education landscape of the country.