The EdTech industry is growing tremendously, fueled by the pandemic-led rise of various innovative and engaging online and distance learning platforms. Educational institutions are embracing mobile learning and smart classrooms as supplements to their conventional counterparts, along with the integration of AI-enabled capabilities in learning management tools.
Mindful of these forward-looking learning initiatives, the global EdTech market is forecasted to be worth $429.5 billion in 2030, as per the latest market analysis reports. The reports identify the market to witness a growth spike at a CAGR of 16.5 percent during the forecast period. The market growth is predominantly due to the advancement of smart hardware solutions, such as interactive whiteboards, which have gained considerable traction in today’s remote learning environment. The increasing investments in cutting-edge technologies and internet penetration are also the key factors driving the burgeoning growth of the EdTech market.
On that note, this edition of Education Technology Insights brings the spotlight on the key technological advancements in the EdTech space and how companies are improving virtual learning besides conventional classroom-based learning to improve student engagement. The edition features thought leadership articles from Katelyn Donnelly, Founder and Managing Director at Avalanche VC, who sheds light on the significance of a real-world approach to technology-enabled teaching and learning in the era of EdTech 3.0. It also features invaluable insights from Florian Chilla, Principal of Taptrove Ventures, who talk about the distinction between edtech and HR tech realms.
Along with these critical insights from industry experts, the edition features the two most promising EdTech solution providers, iTutor and Vibe that provide everything the educators need to make teaching and learning simple and engaging to spark classroom discovery and boost student engagement. We hope this edition shows you the path to finding an appropriate EdTech solution and service provider to assist you with the industry- best approaches to power learning and brighten the future of students. Let us know your thoughts!
