With the advent of smartclass and a host of apps, edtech is undoubtedly going to rule the education sector in the next five years. Schools and universities are digitally transforming themselves by adopting new ways of learning and teaching. A substantial increase in edtech investments proves an inclination of investors towards this space globally. According to WeeTracker’s report, the sector closed an impressive number of deals standing at 42 last year, in Africa where the edtech startups are growing with a high pace.
Different technologies are becoming a vital component in the learning modules. The market has witnessed advances in technological demands and innovation, moving towards augmented learning through virtual reality.
In UAE for instance, the AR-VR has attracted many thought leaders and an enormous amount of creativity and energy is directed at bringing VR to the classroom. As the industry continues to grow, Technavio forecasts the education sector in the UAE to grow at a CAGR of 4.74 per cent by 2022. Similarly, a report by Ken Research states that Saudi Arabia’s education industry is expected to augment to about US$15 billion by 2021, registering a CAGR of 12.3 per cent by 2021.
As much as the options are increasing with new technologies in education space, this has become even more complexed for end-users to know what the best option for them or for the organization is.