India is known to be the greatest learning centre since ancient times and has a known tradition of imparting quality education. With over 580 million people in the age bracket of 5-24 years, the education sector presents a burgeoning opportunity in India. The pandemic disrupted normalcy and further fueled the development of a modern way of technology-aided education i.e. edtech.
Edtech aims to accommodate all kinds of learners and close the gaps in the traditional methods of learning. As per an industry estimate, there are over 4,450 edtech startups in India currently. Banking on the digitisation wave, the edtech firms have been playing a valuable part in enabling students from Tier 2 and 3 cities in India to acquire technical knowledge and keep up with innovation.
Stepping into a new horizon of learning in 2023
As the year 2022 ends, it is time for the edtech industry and the learners to witness emerging trends in the education space.
Micro-learning and Nano-learning: focussing on what is needed
Micro-learning and Nano-learning offer an effective way for learners who want to learn exactly at their moment of need. These types of learning are based on the Pareto principle that 80 per cent of learning can happen by applying 20 per cent of the effort in a learning activity.
Hyper-personalised: the buzzword for new learning
In 2023, Hyper-personalised learning will help educators enhance their effectiveness in supporting their students. This type of learning will focus on making targeted lesson plans, tests and learning content based on collective knowledge gaps for smaller groups of students instead of a generalised design and delivery of teaching.
Augmented Reality (AR), Virtual Reality (VR) and Metaverse
A significant investment in AR and VR that has been done in the past has opened up opportunities for young children to grasp complex concepts and gain hands-on learning experience in low-risk virtual settings. Universities have designed their own virtual campus and classrooms on Metaverse, an interoperable technology, which is helping the students to engage and bring the spark back to learning. Teachers have begun utilising videogame platforms such as Roblox, which has more than 200 million unique users a month to build a learning pathway for students under 18 years old.
Hybrid Learning: adjusting to the new normal
Hybrid learning model will combine in-person and online learning while making education more accessible. It will also help overcome the limits of peer-to-peer or informal learning, socialisation and networking that the pure-play remote format does not offer. The hybrid model of learning will ensure a superior validation of the learning outcomes as well as credits and degrees earned.
The world is changing at an unprecedented scale and it is time for learners to keep adapting to shifting paradigms. Education will be a 7 trillion dollar industry and in comparison, the edtech market is expected to grow annually by 16.5 per cent to reach up to $404 billion in 2025. The key is to keep up with technological advancements while complementing traditional methods of learning.