What is your prediction of upcoming trends in the edtech sector that you think will be highlighted in 2023

Many research & consulting firms have commented on the current global trends in senior executive education: As per Gartner’s report "This year, the ‘hybrid world’ trend is refined to the more specific ‘digital learning environments,’ reflecting the need to think in multiple dimensions about how, when, and where learning takes place. These changes include not only new additions to learning technologies but also those that enable the level of flexibility required to deliver instruction under nearly any conditions."

Like many other businesses, the pace of change in ed/career tech has accelerated significantly during the past two years. There are numerous new concepts and technologies to build capabilities for early stage to late stage career progression.

The value of the worldwide EdTech market is anticipated to increase to approximately US$230 billion by 2028, reflecting this. For learners of all ages, mobile technology, cloud services, and immersive reality tools offer a huge array of chances to improve learning and make it more approachable, participatory, and contemporary.

A few visible learning tools and trends are: 

Learning on the go

Mobile Learning (mLearning) for learning anytime and anywhere. For professionals, mobility increases learning opportunities. Paired with robust wireless connections, portability opens up the possibility of learning anywhere. Edtech companies are focusing on implementing a mobile learning strategy to support capability development. 

Personalized Learning

The goal of personalised learning is to tailor the capability building programs to each professional's unique strengths, needs, abilities, and interests. This helps in creating a learning plan for the learner that is most suited for them.

The fundamental idea behind introducing personalised learning is that every professional learns in a unique way and at a unique speed. Each individual in personalised learning receives a "learning plan" based on their learning style, prior knowledge, abilities, and interests. It goes against the "one size fits all" philosophy.

Peer-to-Peer (P2P) 

Historically, peer-to-peer (P2P) learning has been hailed as one of the most valuable methods of encouraging professional development within the corporate space. Built around the concept that individuals learn best when they can collaborate with their peers, employees may be less intimidated to learn new skills than they otherwise would be in more traditional seminar/ classroom-based settings.

Peer-to peer learning is one of the biggest trends that Edtech will focus on using technology platforms.  This method will provide workers with more autonomy in their roles and better communication with their co-workers, which can be a real blessing to organizations further down the line.

Coaching and mentoring

Online education of today is no longer only about delivering content virtually but is also about supporting learners with the best of professional guidance during their career progression. Coaching and mentoring will be at the centre of the higher education technological revolution. Live coaches who monitor students' progress and offer both group and individualised virtual support to help students reach their goals will play this crucial role.

Nano Learning

The nanolearning method, commonly referred to as "bite-sized learning," divides  learning modules into bite-sized pieces. It is a highly focused training tool in which learners acquire subject matter through smaller inputs over shorter time periods.

A Mix of Real and AI

Markets & Markets predicts that by 2023, the market for artificial intelligence in education will be worth $3.68 billion. Swift paper grading, individualised learning, smart content delivery, and AI-based intelligent tutoring systems (ITS) are all possible benefits of using AI tools and technology.

However, it's crucial to realise that AI should be focused on adult learning principles. In the near future, a combination of educators' input and AI will be a game changer and be extremely helpful for giving learners a sustainable and high-quality training.

Harnessing the Power of Big Data

A recent rise in the use of software-based learning and online tools in the educational sector has generated a tonne of data that can now be analysed and used to improve training and upskilling and put more of an emphasis on research-based learning for adults.

Big Data can also assist trainers in more thoroughly and accurately analysing learners behaviour, establishing personalised programmes for each professional, and improving their achievements.

Blockchain-based mechanism

The global blockchain technology market, which was valued at $5.92 billion in 2021, is anticipated to expand at a CAGR of 85.9% from 2022 to 2030, according to a Grand View Research analysis.

One of the numerous applications of blockchain for institutions is record keeping, which enables institutes to store a large volume of employee or learner data in the safest possible way. In a similar way, blockchain helps professionals manage their professional achievements and store their priceless information so they can share them whenever they choose.

In addition, blockchain technology gives institutes secure storage options for their online coursework and syllabus.

Final Thoughts

EdTech will continue to leverage technology and build complementarity with expertise across the learning ecosystem i.e. trainers, learning consultants, universities and coaches. They will prove to be a useful tool in building capabilities for learners across career stages to be future ready.

Moreover, for organizations to deliver sustainable growth, leaders would need to continuously focus on capacity and capability building and EdTech companies can be true partners in delivering high impact learning solutions. It would be imperative for EdTech companies to deliver inclusive learning methodologies and constantly innovate to stay relevant.

The article has been written by Mayank Verma, CEO & Co Founder, Leadup Universe