5 Reasons Why EduTech Is The Next Big Thing
Education is definitely a field where new technologies are making a huge, visible and palpable impact. After all, it is so much more fun to learn about great historical battles or chemical experiments when examples and illustrations are provided in a media-rich format, with plenty of interactive features. Here are some of the main reasons why numerous industry analysts believe that electronic learning is on its way to huge popularity and amazing financial potentials:
1. Global Market For e-Learning Products Is Huge
From America to Australia, schools are experimenting with e-learning programs. That means millions of kids are trained how to use digital platforms to access various teaching materials and expand their knowledge. From a business perspective, this trend also promises great profits for technology companies involved in production of software tools or interactive contents that can be used for educational purposes. Some estimates put total value of the global market at mind-blowing USD 60 billion, with plenty of room for growth in the next few years as well. Considering there is a strong demand for e-learning products in various languages, business opportunities will likely be available for local providers as much as for large global companies.
2. Digital Education Is More Affordable
In the past, education used to be a privilege of the upper classes but digital learning is putting an end to this practice. As schools around the world are switching to the new educational model, more and more kids will have the chance to work on a tablet computer provided by the school. This puts all students in equal position and empowers the most talented kids to gain recognition, regardless of their material status. Many countries are introducing digital education programs on national level in order to provide their upcoming generations with better learning conditions, often with support of major global IT providers. However, there are plenty of free resources available for individuals who want to improve their knowledge after they finish their formal education.
3. Learning In High Resolution Is Much Easier
The greatest challenge for a teacher was always to get the students engaged. That’s not a problem anymore when the lectures can be presented in a visually attractive format that includes high-resolution photos and/or video. When the contents of this type are accessed from a mobile device, the effects are even more dramatic, as the student has a direct one-on-one contact with the subject matter. Interactive features that allow students to research on their own initiative are also a great way to lock in their attention and motivate them to gain a deeper understanding. All of a sudden, learning is fun and students have no reason to skip classes or avoid doing homework.
4. Mobile Learning Is Changing The Game
Until just a few years ago, e-learning was mostly based on desktop or laptop computers. Introduction of mobile learning (or m-learning, as many call it) has taken the ongoing revolution another step further, increasing the level of freedom for the user. Now students can access educational contents wherever they are, using the same device at home and in school. There is a lot of debate in the institutional circles these days on how to use the power of mobile computing to the greatest benefit of students at all levels (elementary, secondary and university). One thing is for sure – we will see a flurry of excellent EduTech applications in the coming years.
5. Different Programs For Different Kids
Perhaps the most important innovation brought about by electronic learning is the possibility to adjust the program to the needs of each student. When learning is taking place on a tablet or smartphone screen, there is no need to use standardized curriculums or to force all students to study the same lectures. Use of educational databases and interactive teaching materials allows each student to advance at the speed best suited for his capacities and level of existing knowledge. This way, talented students can cover far more ground while slower students can have enough time to understand more challenging subjects.
Developers investing resources into building the next big kids based App brand should get great returns. The kids category is going to be huge.