According to ReportLinker, the global edtech and smart classrooms market, with key players like 2U Inc., Apple, Google, and Microsoft, witnessed remarkable growth from $140.24 billion in 2022 to $162.89 billion in 2023, driven by a 16.2% compound annual growth rate (CAGR).
Several industry verticals are seeing a huge surge in consumer adoption since the last two years, when most people were cooped up in their homes due to the epidemic. Undoubtedly, Edtech was one of them. Comparing EdTech to E-Commerce, the latter has developed category by category, albeit not every category has been prosperous.
Education is constantly evolving in today's fast-paced world to keep up with the shifting needs of students and society. The blending of physical and digital learning processes is referred to as Phygital Learning and is one of the most recent developments in education.
In certain online tutoring forms, students can talk to and learn from a real tutor in some other part of the world than theirs. To better the experience for students and tutors alike, the online tutoring industry is evolving like never before.
With rapid advancements in digital technologies and changing customer requirements, the classic content editor could not have withstand the market competition. Now is the time for change!
Gamification is one of the hottest new trends in the Edutech industry – and with good reason. The idea of gamification is based on psychological principles that tap into thought, behavioural patterns, and motivation to influence user behaviour. In this blog post we take a look at what really makes gamification so effective, and explain how one of our clients successfully used it to boost the performance of students using their e-learning platform.
Technology can become the “wings” that will allow the educational world to fly faster than ever before—if we will allow it. ~Jenny Ariedge Embracing digital technologies has improved classroom learning experience quality, enhanced student engagement, made significant progress in how learners and educators plan their sessions, and have made learning a more fun and engaging affair. In this article, we take a look at how Artificial Intelligence, in particular, is set to change the world of Edutech in meaningful ways.
Digital Transformation can contribute significantly to the future of the education sector in the same way the internet has contributed in the past with incredible new offerings like Automation, Machine Learning & Artificial Intelligence paving the way for revolutionary change in mainstream education. Automation in particular, is becoming an important and meaningful part of our daily lives.
According to UNESCO nearly 1.5 billion children and youth are out of school post the COVID-19 outbreak across 165 countries. With most offices having moved to work-from-home options and the ever-increasing unemployment rates, the online learning rate is going to grow exponentially among the working class too. With the COVID-19 threat still looming, there is […]