Key Takeaways
How does ed-tech, or education technology, drive rapid digital transformation in education? As technology progresses, ed-tech enhances adaptive learning, while e-learning expands accessibility globally. Innovations such as virtual reality are reshaping education. They make learning more personalized and mobile-friendly. The shift from print to digital has greatly helped online education. It promises broad impacts. These impacts will be felt by people of all ages and in all places. It is key to understand the differences between ed-tech and e-learning. This is crucial for navigating and strategizing in today’s education.
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?
Ed-tech is mostly any education-providing industry. It gives tech to improve education. This means using advanced software tools. They provide personalized courses. They also have quality portals and adaptivity for students and teachers. This is in the 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. It does this by adding animations, videos, audio, and graphics. They do this to help teachers and learners worldwide. The market is growing. Ed-tech is too. It is reaching new heights with new tech upgrades.
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.
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
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.
Mobile App Development Services
Elevate your brand with EMB's Mobile App Development services. Backed by 1500+ expert agencies across Asia, we bring your app ideas to life. Seize the future!
State of Technology 2024
Humanity's Quantum Leap Forward
Explore 'State of Technology 2024' for strategic insights into 7 emerging technologies reshaping 10 critical industries. Dive into sector-wide transformations and global tech dynamics, offering critical analysis for tech leaders and enthusiasts alike, on how to navigate the future's technology landscape.
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
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
To stand out in ed-tech, you need websites and apps 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.
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.
Q. What is an EdTech platform?
An EdTech platform, short for educational technology platform, refers to a digital tool or service designed to facilitate learning and education through technology. These platforms often provide online courses, interactive content, assessments, and other educational resources to students and educators. Examples include platforms like Coursera, edX, Khan Academy, and others that deliver educational content digitally.
Q. What is EdTech?
EdTech, short for educational technology, encompasses the use of technology to facilitate learning and education. It includes tools, platforms, and resources designed to enhance teaching and learning processes, such as online courses, digital learning materials, educational apps, and learning management systems (LMS).