Education Technology is transforming deeply how each one gets access to knowledge; so that, multiple segments of the Education Technology Market are witnessing Significant Growth.
One can then easily observe that, many segments of the education technology
market, including lecture capture solutions, student information
management systems, education hardware, online language learning, and adaptive learning, will witness an increase in revenues,
according to Technavio.
Cloud-based lecture capture solutions are in vogue. The global lecture capture solutions market is slated to reach USD 672.25
billion by 2019, according to the firm.
Student information management systems appears like the second most sought after
education technology in the market, thanks to the growing need for workflow
automation in education institutions.
Technavio reveals that, one of the fastest growing segments is the global online language
learning market; where the increase in demand for multi-lingual professionals in the
corporate sector is one of the key growth drivers for this market.
To many in the industry, Social learning is rapidly gaining prominence
as it offers an informal way of learning through interactions with different
participants. Adaptive learning software solutions can help capture data from
social networking sites and gain useful insights. The data collected by this
method can thereafter be used by students to learn remotely at their chosen
time.
Among key
vendors for education technology , we have: McGraw-Hill, Panopto, and Sonic Foundry for lecture capture; Jenzabar and Oracle for student information systems; Apple, Dell, and BenQ for education hardware; and D2L, Dream Box Learning, and Knewton for adaptive learning.