Top 10 trends of Edtech market in 2023
The digitization that has brought about the Edtech market has been made possible due to the presence of well-established infrastructure and its easy adoption by institutions. Here are some of the top Edtech market that will be there in 2023.
Top 10 Trends of Edtech Market in 2023
By India Today Web Desk: Edtech is revolutionizing the education industry by addressing issues related to pedagogy and simplifying learning, especially during and after Covid-19. Incorporating hardware and software tools into traditional theory and practice, EdTech clearly improves educational outcomes and classroom learning. The increased adoption of these tools by educational institutions is undoubtedly driving the growth of this segment.
EDUCATION IS TECHNOLOGICAL
With e-learning materials now more widely used, the future looks promising. Not only can they be accessed from anywhere, but are also available in multiple languages and, if not, can be easily translated.
Compared to print content, which has higher production costs, digital content is easier to create and make available.
But what’s next in EdTech as education merges with the digital age? What EdTech trends should be considered as we prepare to enter 2023? How will it change the landscape or develop it? The technologies currently leading the EdTech market have emerged as a major concern for educators.
COMPREHENSIVE OUTLOOK OF TECHNOLOGIES LEADING THE EDTECH MARKET
The following 10 major technologies are expected to impact the education industry.
1. Virtual Labs teaching experiments
A virtual environment aimed at improving students’ laboratory abilities. In contrast to the limitations of brick-and-mortar laboratories, they allow the learner to perform a variety of experiments anytime, anywhere.
2. Big data – Automation of educational aspects
It facilitates schools to collect and analyze student data to monitor their academic progress. It can also be used to determine pupils’ interests. Big Data technologies help teachers to provide feedback and guide students in choosing a lucrative career.
3. AI-based customized courses
AI-powered education enables instructors, learners and (if necessary) parents to communicate on a single platform. Although education can personalize and offer individualized learning that allows students to explore subjects that interest them by changing curricula at the whole-class or individual level.
4. Enhanced engagement with virtual reality
VR, which provides a more immersive learning environment, and simulations, which give learners a chance to explore another reality at a distance, are two of the many fantastic benefits of EdTech.
5. Interactive learning with augmented reality
For 2022, further innovation may enhance interactive learning using more advanced technologies such as XR. It will support the development of virtual laboratories for science and technology students, providing more hands-on learning opportunities.
6. Conversational AI – Digital assistance
Alexa, Cortana and Siri have now become household names. Thanks to their amazing ability to interpret spoken commands and respond accordingly. To play informative videos, turn devices on and off, turn the volume up and down, etc. is now possible with only a terse command.
7. Immersive experience with applications
To our surprise, writing smart pens have the ability to record audio and digitize notes with the help of co-writing apps that use predictive analytics and speech recognition. Another superpower of EdTech is its ability to convert text to audio. Children who have trouble reading normal print can benefit from text-to-speech (TTS) software.
8. Empower EdTech with Cloud
Trends imply that Cloud Computing will be a crucial tool in enabling EdTech in K-12 education, expanding at a CAGR of 24.70% through 2030 (Verified Market Research, 2022).
9. Custom e-learning development
Web-based speaking aids enable the realization of online classes to help students with disabilities communicate with each other as well as the instructor. XB Chat, for example, works flawlessly with Chrome, Mozilla and Safari browsers. Users can make video and audio calls and even create text chats.
The future of EdTech is certainly bright, but it will depend on the education industry’s ability to quickly adapt to the evolution and adapt solutions in a wide variety of areas.
10. Inspiring innovation and engagement in games
It is increasingly used by educators to engage students in concepts in which they are otherwise not as interested. With the likes of Kahoot!, FunBrain, Race to Ratify, etc., students are happily understanding hitherto boring subjects.
Article: Dr Prashant Bhalla, President, Manav Rachna Educational Institutions.
