Insights Into the $25+ Billion AI in Education Market Rising Demand for Personalized Education Based on AI

prnewswire | April 08, 2020

The "AI in Education Market Research Report: By Component, Deployment, Technology, Application, End Use - Global Industry Size, Share, Trends, Forecast to 2030" report has been added to Research And Markets.com's offering. The focus on digitization and e-learning is increasing rapidly in order to enhance the quality of education that is provided. Ascribed to this, the concept of conversational learning is also becoming an important aspect of education around the globe. According to the report, in 2019, the global AI in education market reached $1.1 billion and is predicted to generate $25.7 billion in 2030, advancing at a 32.9% CAGR during the forecast period (2020-2030). The two components in the domain are service and solution, between which, the larger demand was created for AI solutions during 2014-2019. Hardware and software tools & platforms are the two major AI in education solutions.

Spotlight

We're glad to see this shift. In MediaPRO's 20+ years in the learning industry, we figured out long ago that one of the most important parts of corporate learning strategy is balancing vital information against employees' attention spans.Security and privacy awareness training is both becoming more vital to organization's success and more cumbersome to manage. As training becomes more tedious, more complex, and more time-consuming, it loses its effectiveness. Building a culture of awareness now means knowing not just what training to deploy, but when and how to deliver that message to your workforce.

Spotlight

We're glad to see this shift. In MediaPRO's 20+ years in the learning industry, we figured out long ago that one of the most important parts of corporate learning strategy is balancing vital information against employees' attention spans.Security and privacy awareness training is both becoming more vital to organization's success and more cumbersome to manage. As training becomes more tedious, more complex, and more time-consuming, it loses its effectiveness. Building a culture of awareness now means knowing not just what training to deploy, but when and how to deliver that message to your workforce.

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EDUCATION TECHNOLOGY

Springboard Partners with Gonzaga University to Deliver Tech Bootcamps

Springboard | January 27, 2023

On January 26, 2023, Springboard, an online learning platform that prepares students for in-demand careers, announced a partnership with Gonzaga University, a Jesuit liberal arts institute in Spokane (Washington), to provide students and prospective students with two bootcamps, namely Cybersecurity and Software Engineering. Employment for information security analysts and software developers is anticipated to increase over the next ten years, according to the Bureau of Labor Statistics. Sanam Raza, Vice President and General Manager of University Partnerships at Springboard, shared, "We want to do all that we can to provide the knowledge and support to meet the surge in demand for talent in these fields," She added, "We look forward to working alongside Gonzaga to help close this skills gap in the tech workforce and share in their commitment to expanding what a 21st century educational institution can do." (Source – Business Wire) This is Springboard's first university collaboration in 2023 and its tenth collaboration overall. With a proven track record of success, Springboard has emerged as a leading partner for universities looking to broaden their offerings to students through asynchronous e-learning. Springboard's exceptional, cohort-based, human-guided programs combine one-on-one mentoring with live and instructor-led lessons. Springboard's curriculum is developed by experts in the field, and students receive hands-on assistance from industry professionals as well as career coaching on how to build a network and land a job. Individuals who take the courses will gain real-world experience and create unique work portfolios. The 360-hour Cybersecurity bootcamp will cover industry fundamentals, vulnerability assessment, systems and network security, security operations, and a capstone project to demonstrate specialized skills. The Software Engineering Bootcamp covers front-end and back-end web development, databases, data structures, and algorithms, with two capstone projects included. Students in similar programs at Springboard have received job offers from companies such as Amazon, Salesforce, Google, Microsoft, and others in Fortune 100. The programs will be available to the public, and prospective students can enroll without prior industry or academic experience. Students who complete the program will be awarded an official Gonzaga University certificate. About Springboard Founded in 2013, California-based Springboard is an online learning platform that trains students for the most in-demand careers in the technology industry. More than 20,000 students in over 100 countries have used the company's systematic, mentor-led online learning programs to advance their careers. Employers such as Microsoft, Google, Meta, LinkedIn, Deloitte, Intel, IBM, and Salesforce have hired graduates from its programs. Springboard was recently included on the 2023 GSV EdTech 150 list, ranking the world's 150 most transformative digital learning growth companies.

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CONTINUING EDUCATION

Catherine Hershey Schools for Early Learning to Expand into Lancaster County

Milton Hershey School | November 14, 2022

Catherine Hershey Schools for Early Learning (CHS) announced yesterday at an event at Eden Resort & Suites in Lancaster, Pennsylvania, that it will open three Early Childhood Education Centers (ECECs) in Lancaster County to serve children from birth to age 5 from economically disadvantaged and at-risk backgrounds. The cost-free Centers will be located in Lancaster City, New Danville, and Elizabethtown. At yesterday's event, Lancaster County community leaders and child advocates heard from CHS and Milton Hershey School (MHS) leadership about their approach to providing accessible early childhood education. CHS intends to support and work collaboratively with existing Lancaster County organizations to serve local children and families. City of Lancaster Mayor Danene Sorace also spoke, explaining how the addition of the CHS Centers will positively impact the broader Lancaster County community. The three CHS Centers in Lancaster County are part of a $350 million initiative to initially develop six ECECs in the state as subsidiaries of MHS. Each will offer a non-residential, year-round core early learning program with a curriculum designed to enhance children's educational, social, and emotional development. It also will provide children with nutritious meals, transportation, and other needed supplies, along with integrated support services to families of enrolled children. All of this will be provided with all costs covered to qualifying families. Yesterday's announcement was suitably made during Founders Week at MHS, which celebrates the anniversary of Milton and Catherine Hershey establishing the school 113 years ago. The Hersheys' legacy is deeply rooted in Lancaster County, making this expansion especially meaningful. Milton Hershey spent his childhood in Bart Township and, as an adult, opened the Lancaster Caramel Company. Lancaster County is also where Milton and Catherine Hershey spent the early years of their marriage and invested in the Lancaster community through their support of St. Joseph's Hospital, Franklin & Marshall College, and Catherine's service as an inaugural member of the Lancaster Charity Society. The Lancaster County CHS Centers are expected to begin opening in 2026. ABOUT CATHERINE HERSHEY SCHOOLS FOR EARLY LEARNING  Catherine Hershey Schools for Early Learning will provide a cost-free educational, social, and cognitive program to children from birth to age 5 from economically disadvantaged and at-risk backgrounds through the development of initially six Early Childhood Education Centers. The Centers are subsidiaries of Milton Hershey School and will be staffed and operated independently of the Milton Hershey School core model. For more information, visit chslearn.org.  ABOUT MILTON HERSHEY SCHOOL  Milton Hershey School is one of the world's best private schools, where qualifying students in pre-kindergarten through 12th grade live on campus and receive an exceptional educational experience—with all costs covered.

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EDUCATION TECHNOLOGY

Penny AI Introduces a Revolutionary Learning and Onboarding Solution

Penny AI | November 02, 2022

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