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Freedonia Market Research Simba Information AI In the Classroom 2023-2024: Promises and Perils

AI In the Classroom 2023-2024: Promises and Perils

Industry Reports, Global

Report Overview

Need to know what is happening right now in the classroom?

  • Find out what teachers say they want and need when using AI enabled products.

  • Learn the most successful uses of AI in the classroom.

  • Discover the cautions and perils of AI for teaching and learning.

Artificial Intelligence is on the rise in education and educational technology companies along with educational publishers are meeting the demand. Simba Information looked into the rise in AI in education in its report AI In the Classroom 2023-2024: Promises and Perils. The report found that the AI in education market is estimated to grow from $3.68 billion in 2023 to $173.39 billion by 2033.

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Play Video: AI in the Classroom 2023 2024

Simba Information’s AI In the Classroom 2023-2024: Promises and Perils report details the trends impacting the market, information on the market landscape, the type of AI applications in the classroom, company profiles on the leading competitors in the market, existing AI teaching and learning products on the market, and one-on-one interviews with representatives in the market from 2020-2023. The data and findings are based on Simba’s internal research and analysis of official data drawn from a wide range of expert timely sources, including interviews with industry executives, trade associations, government data sources, specialized industry databases, trade and publishing trade publications, annual reports, company Websites and marketing materials, earning call presentations, industry surveys and conference proceedings and other authoritative sources.

AI In the Classroom 2023-2024: Promises and Perils covers the following major categories:

  • AI In the Classroom: The Current Landscape
  • What Do Teachers and Students Want and Need From AI
  • Best Practices for Publishers of AI Learning Products
  • Directory and Profiles of AI Enabled Classroom Products and Companies
  • Funding and Investment for AI Enabled Products
  • Public Policy, Guidance, and Ethics
  • Outlook, Opportunities, and Ongoing Concerns

Scope of the Report

This report focuses primarily on the development and use of generative large language model (LLM) AIs – like ChatGPT, Bard, and Microsoft Bing Chat with AI – in schools, both for learning and administrative tasks. Simpler, rule-based algorithmic AIs (for tasks like adaptive learning) have been integrated into educational products and platforms for many years.

While there is a great deal of emerging activity in AI-created images and videos, this report will largely focus on text that is generated by LLMs for use in classrooms – primarily K-12, though relevant publishers and products directed toward higher education are noted.

In this comprehensive study of AI in the classroom, Simba lays out the critical issues, trends, practices, and guidance for legacy educational publishers, edtech companies, AI educational startups, and other providers of generative AI teaching materials. This includes ways to position for success in responding to the complex, fast moving changes in education.

Introduction

When ChatGPT and other generative AI systems exploded into public awareness in November 2022, the educational sector was almost certainly one of the industries impacted the fastest and most significantly. Educators began worrying about the prospect of students using those tools to do their homework, especially drafting reports and essays. While some of those initial concerns have abated (at least to a point), the start of the 2023-2024 school year has seen continued disruptions and rapid transformation that is directly attributable to AI. All providers of instructional materials have a stake in understanding the trends, changes, needs, and best practices related to AI in classrooms; these will help shape the use of AI to assist teachers, enhance learning, and help the technology evolve in the most positive manner possible.

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FAQs

Simba Information’s AI In the Classroom 2023-2024: Promises and Perils report details the trends impacting the market, information on the market landscape, the type of AI applications in the classroom, company profiles on the leading competitors in the market, existing AI teaching and learning products on the market, and one-on-one interviews with representatives in the market from 2020-2023.
As discussed in greater detail in this report, teachers are beginning to look at generative AI as something that has the potential to make them more productive and may even be able to assist with teaching. Consequently, movements are starting to coalesce rather quickly to bring these potential benefits to classrooms.
The report found that the AI in education market is estimated to grow from $3.68 billion in 2023 to $173.39 billion by 2033.
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