Technavio recognizes the following companies as the key players in the global artificial intelligence certification courses market: Coursera, edX, EIT, and Udacity.Other Prominent Vendors in the market are: IBM, IRPAAI, Intel, Insight data, and NobleProg.
Commenting on the report, an analyst from Technavios team said: The latest trend gaining momentum in the market is Use of Big Data for performance evaluation. As course participants virtually engage with the course work, significant data are generated at a rapid pace.
The enormous amount of data being generation by capturing the user search preferences along with their related industrial segments account for the use of Big Data. Course service providers and universities collect valuable data, which referred in the future to understand participants and come up with technological innovations.
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According to the report, one of the major drivers for this market is Increasing investments by established firms.
In the recent past, technology giants such as Microsoft, Facebook, and Google have made significant investments in AI. It was estimated that these companies invested a whopping $8.5 billion in deals during 2015, which was estimated to be four times more than what was invested during 2010.
Global automakers such as Ford will be investing about $1 billion in AI services until 2021 for engineering the autonomous vehicle technology to offer transport mobility services, which they find more profitable than just manufacturing and selling cars.Further, the report states that one of the major factors hindering the growth of this market is Increasing availability of low-priced and free courses. Several universities, institutions, and research centers offer many courses on AI specialization.
University professors and other instructors share their knowledge on AI duly because of their sole interest or because it is required by their universities for projects and research. Many universities such as the Columbia University offer online AI course that is free.
These universities offer courses and provide assistance to solve issues pertaining to gaming, logical approach, machine learning, effective searching, and others. However, a few institutions offer AI certificate courses at a certain fee.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Artificial Intelligence Certification CoursesAI, defined as a computer technology performs task that previously required human intelligence to complete. At present, working professionals are availing AI certifications for career advances to effectively contribute to business trends.
By learning and developing AI skills, they can take a strategic and thoughtful approach in their career development. Once users understand AI concepts, identifying and eliminating errors with the use of algorithms and processes becomes easy.
Technavios analysts forecast the global artificial intelligence certification courses market to grow at a CAGR of 34.15% during the period 2017-2021.Covered in this report
The report covers the present scenario and the growth prospects of the global artificial intelligence certification courses market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.The market is divided into the following segments based on geography:
ROWTechnavio's report, Global Artificial Intelligence Certification Courses Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
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UdacityOther prominent vendors
Increasing investments by established firms
For a full, detailed list, view our report Market challenge
Increasing availability of low-priced and free courses
For a full, detailed list, view our report Market trend
Use of Big Data for performance evaluation
For a full, detailed list, view our report Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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