Research The Rapid Global Adoption of
Educational Bots BY SAM S. ADKINS In November 2018, Metaari published the 2018-2023 Worldwide Educational Bot Market report. This quantitative report identifies revenue opportunities for suppliers. Metaari uses the term
“Educational Bots,” because our team tracks both physical robots and virtual bots. The global Educational Bot market boasts a robust five-year compound annual growth rate (CAGR) of 35.6% and revenues will more than quadruple to $4.1 billion by
2023. Eight major catalysts currently drive today’s global market, and they are analyzed in detail in this report. Throughout the forecast period, it is quite likely Metaari will need to revise global forecasts significantly upward for Educational Bots.
That’s because market conditions remain in a state of positive flux, with demand rising worldwide. The report breaks out fiveyear revenues for six buying segments: consumers, pre-K to 12 schools, tertiary and higher education institutions, federal government agencies, provincial/state/prefecture and local government agencies, and corporations and businesses. The buying behavior fluctuates in each of these buying segments. TRACKING BUYING BEHAVIOR Particular learning bot products are in demand in specific buying segments. The report provides detailed analysis of the buying behavior in each segment. What’s more, the report identifies six distinct types of commercial Educational Bots in the current global market: >> Early childhood learning tutoring robots (smart toys) >> STEM and language learning tutoring bots used in the pre-K to 12 schools and tertiary institutions >> Information and assistance guide service bots used in public venues, exhibitions, tourist venues, airports, hospitality businesses, retail outlets, government offices and virtual helpdesks >> Companion elderly care robots designed to im-
Elearning! Winter 2019
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