Difference between Edtech & E-learning You Need to Know

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Key Takeaways

Ed-tech, an education technology industry, enhances education quality using advanced software tools, with its market valued at $106.46 billion in 2021, predicted to grow at a 16.5% CAGR from 2022 to 2030​​.

E-learning, the distribution of educational materials online, allows access anytime, anywhere on multiple devices, and completes courses 60% faster than traditional classes​.

Ed-tech’s global market is expected to expand by over 130%, aiding the shift from static textbooks to dynamic, digitalized knowledge imparting​.

E-learning revolutionizes traditional education methods, emphasizing active, tech-integrated learning environments​.

Ed-tech reduces educational costs and expands global reach, making learning accessible and interactive across diverse geographical locations​.

Ed-tech, also known as education technology, continues to expand at an impressive rate in this area of rapid digitization. Technology progress has been crucial in maximizing the potential of adaptive education. In the following sections, you will learn the difference between edtech & e-learning you need to know.  This will help you create your marketing strategies accordingly and witness your

Advancements in technology have boosted modern teaching. E-learning has rapidly evolved. Now, people worldwide see its importance. They aim to prepare for the future. New technologies, like virtual and augmented reality, are shaping education. Also, learning is becoming more personalized and mobile-friendly. Experts predict the global ed-tech market will grow by over 130%. The shift from traditional textbooks to digital methods has greatly benefited online education. This change is expected to benefit students of all ages, locations, and backgrounds.

Let’s dive into the world of ed-tech and e-learning and understand how they are different from each other. 

Ed-tech vs E-learning 

The quality of education in recent times has significantly improved with the introduction of Ed-tech. Ed-tech and E-learning are two associated terms but very different from each other. Let’s understand the difference between the two: 

What is Ed-tech? 

What is Ed-tech

Ed-tech is largely any education-providing industry that provides technological advancements to enhance the quality of education. This consists of using advanced software tools to provide personalised courses, quality-based portals, and adaptivity to the students and teachers in this modern world of education. 

Ed-tech facilitates e-learning by utilising IT tools and technologies like Virtual Reality, Artificial Intelligence, Machine Learning, Chatbots, etc. These tools aid in the process of learning by leveraging new ways of technologies being introduced every day. The value of worldwide ed-tech was recorded at USD 106.46 billion in 2021. It is predicted to increase at a CAGR of 16.5% from 2022 to 2030. 

The ed-tech industry is making people tech-savvy by incorporating animations, videos, audio, multimedia, and graphics to improve the experience for both teachers and learners all around the globe. Thus, it is safe to say that the market is growing, and so is ed-tech, by reaching new heights with new technological upgrades. 

What is E-learning? 

What is E-learning

E-learning, short for electronic learning, delivers educational content online. Learners can access it anytime, anywhere, and on various devices.

Modern educators use technology to include films, games, and social learning. They also introduce project-based collaboration. This approach makes classrooms more about active learning than passive listening. Schools now have displays, projectors, iPads, and computers. These tools aid in teaching.

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E-learning courses finish 60% faster than traditional classes. Traditional classes are slower and more demanding. Students can complete e-learning courses quicker, thanks to their efficiency. These courses use electronic tools from educational technology companies.

Ed-tech companies aim to make learning easier and enhance education. Their approach is similar to traditional learning, but in the digital space.

Importance of Ed-tech for facilitating E-learning

Importance of Ed-tech for facilitating E-learning

Ed-tech makes learning simpler, faster, and cheaper. It also makes it accessible to all students, no matter their learning styles. Additionally, it helps educational institutions remain creative while also decreasing additional costs. 

Let’s understand further how ed-tech is a great tool to expand e-learning: 

Increased Student Participation-

When students are allowed to use technology, they tend to engage instantly. Furthermore, students are more motivated to learn when technology is included in the classroom. 

Technology also facilitates student collaborations. They may collaborate on projects, interact easily from home or school and upload their work online. 

Improved Digital Skills- 

In this century, digital skills are crucial, especially for students. Technology and the Internet will be necessary for almost all future jobs students might apply to. 

It’s high time for teachers to add digital skills. They can do this by including ed-tech in the classroom. 

Reduce Teachers’ Workload –

Ed-tech is also making things simpler for educators. Teachers may rely on the endless internet resources. They use them to make small changes to their teaching. 

Ed-tech is ensuring to provide web resources, grading software, lesson planning tools, etc. 

Gamification

Currently, gamification is a component of ed-tech. This year will witness increased expenditures in educational gamification. Games will be included in lectures and student progress evaluations. 

The instructors will be able to examine each student’s knowledge interactively while focusing on them. 

Records show that, by 2025, AR/VR and AI will become more part of school and learning. There are so many things the Ed-tech sector is functioning to escalate the utilisation of electronic learning. 

Flexibility

Ed-tech tools offer greater flexibility in terms of learning pace and progress tracking. Learners can study at their own pace. They can review content when needed and track their progress with analytics and assessment tools.

Cost-effectiveness

E-learning can be more cost-effective than traditional classroom learning. Ed-tech tools help institutions cut costs. They do so by reducing the need for physical infrastructure, classroom resources, and travel.

Global reach

Ed-tech tools help global e-learning, removing location barriers. People worldwide access the same materials and communicate. This broadens their views and improves learning.

Future of E-Learning to facilitate Ed-tech

Future of E-Learning to facilitate Ed-tech

Every day, new tools and applications are created to support students with learning difficulties at every level and close the achievement gap that holds them behind. These programs do more than assist student study; they also provide instructors with strategies for dealing with learners who find it difficult to keep themselves updated with the classes. 

People who previously believed their choices were restricted now have access to a universe of information on their laptops. Thanks to ed-tech and e-Learning, it has become easier for students to keep up with their pace. This will also have a profound effect on how future generations learn. 

Keep reading to understand how e-learning plays a massive role in facilitating ed-tech in the coming future. 

Demand for Personalised learning: 

A personalised learning route is a learner-centred strategy that highlights a student’s capacity to comprehend the lesson in a student-friendly manner. The system’s whole purpose is to identify the best techniques for the students. 

This facilitates ed-tech because it has switched its focus on incorporating various tools to provide virtual classrooms, grading systems, chatbots, etc. 

Gamified Learning:

The gamification technique includes paying players for completing each assignment or module. Technology plays a massive role in providing learners with an exciting platform to grasp knowledge. 

Renowned ed-tech like Khan Academy utilises gamification elements like badges, points, and leaderboards to engage with the students. They use in-game language like “levelled-up” when a student completes an assignment and finishes it. 

Sectoral Expansion and Outlook: 

Ed-tech has occupied a modest portion of the education market for many years. It is predicted to reach $586 billion by 2027, according to market research data from throughout the world. 

About 40% of India’s organised workforce needs certifications via e-Learning. It has been recorded that around 5000 Ed-tech start-ups, including big platforms like Coursera, Udemy, etc., will be India’s next digital export to online education. 

More Accessible :

With the introduction of e-Learning and ed-tech, education has become even more accessible. It is continuously developing and expanding daily. People with smartphones and stable internet connections may acquire information since electronic education has no demographic restrictions. 

The Global Diversification of E-Learning and Ed-tech:

The demand for e-Learning has increased, and the market has become more competitive, with companies competing for the attention of a diverse array of potential students. 

India has become the ed-tech centre in the global market due to its spectacular growth in the industry over the last few years. The worldwide ed-tech market was predicted to be valued 74.2$ billion in 2021 and is projected to rise at a robust 14.5% CAGR between 2021 and 2031. 

With the assistance of education technology and investments in e-learning, education is reaching all parts of the world. Since location is no longer a barrier, any student or learner deciding on the most distant place may now get a high-quality education. Now every parent and children realise their dreams of a brighter future. Due to online education, there is a growing need for instructors as well. The daily growth and expansion of several learning platforms need an abundance of skilled instructors. 

Final thoughts

If you want to stand out in the ed-tech industry, it is essential to have websites and applications developed for the students. It should be very reliable according to your needs and circumstances. 

The significance of e-learning is vital to understanding. More than 4,450 ed-tech businesses support more than 300 million school children in India. The e-learning system has elevated the ed-tech industry, which uses its resources for inclusive, interactive and individualised learning to the forefront. 

To expand your ed-tech and reach new heights, you can leverage our 1500+ partner agencies, who will help you get started with your business and utilise all kinds of professional help. Contact Expand My Business to accelerate your business in the ed-tech sector NOW!

FAQs

Q. What is the difference between eLearning and online education?

The terms eLearning and online education are often used interchangeably, but they can have different meanings depending on the context. In general, eLearning refers to any form of learning that uses electronic technology, while online education specifically refers to learning that takes place entirely online.

Q. Is eLearning a educational technology?

Yes, eLearning is a form of educational technology that uses electronic technology to deliver and facilitate learning experiences.

Q. Is eLearning the same as technology enhanced learning?

Technology-enhanced learning (TEL) refers to any form of learning that is enhanced or facilitated by the use of technology, which includes eLearning. However, eLearning specifically refers to learning experiences that are delivered entirely online, while TEL can include a combination of online and offline learning experiences that are enhanced by technology.

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