EdTech is a relatively new hot industry. The average annual growth rate of the global education market size is estimated at 14.2%. The volume reached $146 billion in 2023 and is expected to increase to $549.6 billion by 2033.
As the EdTech market grows, trends also change. And you must be aware of them and use them in your educational app development to win the competition. In our article, you can check what technology trends in education will help your EdTech organization grow in 2024.
Key points
- Technology Trends in Education: AI-Driven Assessments and Chatbots
- Technology Trends in Education: Digital Textbooks and eBooks
- Technology Trends in Education: Immersive Technologies with AR and VR
- Technology Trends in Education: Data Security and Privacy
- Technology Trends in Education: Nano-Learning
- Conclusion
Technology Trends in Education: AI-Driven Assessments and Chatbots
Artificial intelligence being integrated into educational programs successfully addresses the personalization of education, which has become a long-term trend. One of the biggest advancements in 2024 is the emergence of recommendation systems that automate personalized approaches to each learning group or class. AI-based tutors help learn the material and prepare for exams.
Khan Academy can serve as a vivid example of how AI works in learning. Khanmigo virtual tutor, powered by GPT-4, integrates into all processes where students, parents, and educators may need help. Chinese company Squirrel Ai Learning is also developing AI assistants. The Socratic app from Google can analyze a problem in which a student has difficulties, explaining the logic of the solution and its variability.
In the future, the scale of integration of AI assistants in the educational process will grow. They will be adapted not for groups of students but for individual students and teachers.
Technology Trends in Education: Digital Textbooks and eBooks
Digital textbooks and eBooks are redefining education in 2024. In the U.S., around 80% of K-12 schools now use digital learning materials, and the global eBook market is projected to reach $21.73 billion by 2029. This growth isn’t just a trend; it’s a response to the practical needs of modern education.
For students, digital textbooks offer more than just convenience. A 2023 study by the Educause Center for Analysis and Research found that 67% of students reported better engagement with digital textbooks due to interactive elements like embedded quizzes and videos. Additionally, 58% of students said that the ability to highlight and annotate directly on eBooks improved their understanding of the material.
Cost is another critical factor. According to a report from the Babson Survey Research Group, on average, digital textbooks are 50-60% cheaper than their print counterparts. This affordability makes education more accessible, particularly in developing regions where textbook costs have been a significant barrier.
Technology Trends in Education: Immersive Technologies with AR and VR
Immersive technologies are actively penetrating EdTech. Businesses are actively using artificial intelligence to train their employees, and there are many reasons for this:
- VR technologies provide more effective training. Large companies are willing to invest in a startup of this kind if its business impact exceeds 5%.
- VR technologies allow companies to reduce costs. They are much cheaper for companies than traditional educational courses. Virtual assistants are also used to adapt new employees to the workplace. Thanks to them, other employees can avoid wasting their time introducing colleagues to the course of action and continue to do their direct duties.
VR technologies help schoolchildren and students visualize what they have learned, as well as train professionals and workers in new skills, including high-risk ones, without exposing them to danger.
Technology Trends in Education: Data Security and Privacy
EdTech pays special attention to protecting students’ personal data and privacy because the risks are increasing in parallel with the digitalization process. Hacking and large-scale data breaches are becoming increasingly common.
Online education platforms are responsible for the safety and security of all users’ personal data, acting as personal data controllers. Comprehensive information protection can be ensured by acting in two directions: data protection on servers and employees’ computers with access to the data.
To ensure security in online education, users’ personal data, application security, and protection from attacks must be in place.
Security information and event management (SIEM) can provide this level of protection. It allows you to monitor different areas of analytics and information security tools, combining them into a coherent scheme and eliminating blind spots.
Technology Trends in Education: Nano-Learning
Nano-learning is rapidly becoming a cornerstone of EdTech in 2024, driven by the need for efficient, targeted education. This approach involves delivering educational content in ultra-short segments, typically under 10 minutes. It’s designed to meet the demands of modern learners, who are increasingly balancing professional responsibilities with continuous education.
Research shows that learners retain up to 20% more information when engaging with content in shorter, more focused bursts. This contrasts with traditional methods, where retention rates often struggle to reach 5% after 30 days.
In the corporate world, companies that have adopted nano-learning strategies have reported a 30% increase in employee engagement and a 50% reduction in training costs. This is largely because nano-learning modules can be tailored to specific skills or knowledge gaps, making them highly efficient. A study from LinkedIn Learning highlights that 58% of employees prefer learning at their own pace, and 49% want to learn at the point of need—both key strengths of nano-learning.
In the education sector, nano-learning is not just a trend but a response to shifting student preferences. With the rise of mobile learning, 70% of students now access educational content via their smartphones, according to data from Statista. This shift has made nano-learning modules particularly attractive, as they allow students to learn in short bursts, whether between classes or on their daily commute.
Conclusion
Thus, we expect further development and growth of the popularity of online education in various directions: from integration into classical school education to training programs and courses for adults. The second, most obvious, and large-scale trend will be the widespread use of neural networks both in developing the content of training programs themselves and as assistants for teachers and tutors for students.
If you are looking for a reliable IT partner with whom you can confidently develop your EdTech project, our SoloWay Tech team is your best choice.
