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vishakha Jangir
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Set2Score • 1y
𝗘𝗱 𝘁𝗲𝗰𝗵 𝗠𝗮𝗿𝗸𝗲𝘁 : ↳ The global EdTech market is expected to grow from $143.8 billion in 2024, with a projected compound annual growth rate (CAGR) of 14% through 2031. ↳ 𝗔𝗿𝘁𝗶𝗳𝗶𝗰𝗶𝗮𝗹 𝗜𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲 (AI) continues to be a major driver in the EdTech space, with predicted spending of $6 billion over the next five years. AI is enhancing personalized learning, automated assessments, and student engagement. ↳ 𝗔𝘂𝗴𝗺𝗲𝗻𝘁𝗲𝗱 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 (AR) and Virtual Reality (VR) are seeing increasing adoption, boosting student engagement by providing hands-on, immersive experiences. For instance, VR learning increases knowledge retention rates to 75%, compared to traditional methods. ↳ EdTech solutions incorporating gamification are driving motivation and performance. A study showed a 89% increase in student performance with challenge-based, gamified learning compared to traditional assessments. ↳ Subscription models are gaining popularity.
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