In the modern education era, the EdTech industry is growing at a fast pace. EdTech firms are focused on developing tools and solutions for learners and educators. As of now, the learning programs are only available in English and now they look forward to creating regional content to reach remote areas.
Online education in India is expanding which is expected to reach $3.5 billion by 2022. Experts believe that increase in digitalization, a hybrid model of learning, introducing industry-relevant courses by several top-rated universities/colleges, hassle-free payment mode, funding by investors in the sector, and encouraging government policies have led to its massive growth.
Each industry is witnessing innovation with the advent of technological advancement. This has created newer and niche job roles, wherein the workforce needs industry-relevant skills. This has accelerated the demand for quality online education which is not just limited to live and recorded lectures. EdTech firms are effortlessly working to identify, analyze and deliver extremely personalized and data-driven learning experiences, based on their existing skills, work experiences, career aspirations, and sector-specific trends. Such a scenario has led to increased demand for AI-adaptive learning which also allows professionals/companies to personalize their services based on customers’ evolving preferences.
