What is Generative AI in the Edtech industry?

Generative AI in the Edtech (Education Technology) industry refers to the application of artificial intelligence techniques that enable the creation of educational content, personalized learning experiences, and adaptive tutoring systems. It utilizes algorithms to generate educational materials, simulate student interactions, and tailor instruction to individual needs.

How big is Generative AI In Edtech Market?

The Global Generative AI In Edtech Market size is expected to be worth around USD 8,324 Million by 2033, from USD 268 Million in 2023, growing at a CAGR of 41% during the forecast period from 2024 to 2033.

What are the challenges associated with implementing Generative AI in Edtech?

Challenges include the need for high-quality training data, concerns about algorithm bias and fairness, integration with existing educational technologies and curricula, and the requirement for specialized expertise in AI development and deployment.

Who are the prominent players operating in the Generative AI In Edtech market?

The major players operating in the Generative AI In Edtech market are Microsoft Corporation, Google LLC, Cognii Inc., Knewton, Blackboard, Metacog Inc., Duolingo, Other Key Players