Education Industry Research and Market Reports - Ken Research

 Higher education, also well-known as post-secondary education, tertiary education, is a non-compulsory final stage of formal learning occurring after the completion of secondary education. It comprises of all post-secondary education, training, and research guidance at the education institutions that are authorized as institutions of higher education by state authorities. Higher education is distributed at various educational institutes such as universities, academies, colleges, seminaries, and institutes of the technology as well as through certain college-level institutions, counting the vocational schools, trade schools, and many other career colleges awarding degrees.

At Ken Research, we energetically provide you the up-to-date reports on topic Education Market Research Reports covering countless countries and topics. For conveying the education to the needy students with the smart phones and computers, technology allows this as while sitting at home any one can analyses their test number of time and develop themselves consequently. The technology of MI is strictly enclosed by the modern mathematics, probability theory, drawing on expertise, sets theory, calculus of variations among other areas and numerous others. Hence, it is not a single technology or technique, but a ground of computational science that indulge frequent technologies to make systems that can learn from data in their surroundings and then make guesstimates and take action when confronted with a new challenge or situation.

Whereas, the education industry research reports of Ken Research states that the Egypt Pre-K and K-12 E-Learning market has been given a boost owing to Strong Government push towards online education throughout Covid-19 along with new continuous origination by the vendors to differentiate their products from their Competitive firms. The Students have openness to wider Coverage of Courses at the affordable prices and an choice to customize the type of content that can be subscribed. Platforms likewise Nafham, Smart Art Egypt, Noon Academy, Edraak, Korras, and Learn have presently entered in the market with very high Course completion rate. Unceasing efforts by the Egyptian government and growing private sector participation and investments in the education sector is projected to relieve budgetary strains along with greater growth rates in the future.

In addition, Education Industry Research and Market Reports states that Southeast Asia is promoting from the significant implementation of learning apps, as information technology aids compensate for shortage of teachers and study materials. The BYJU’S is one of the India’s primary education learning app which more significantly propelling the market as this app uses a combination of gamification techniques to keep students employed on its app. The industry of education is growing progressively with the introduction of robots in this industry which are playing effectual role for the positive growth. 

The market research reports for education covers the inclusive competitive landscape, trends and growth drivers, issues and challenge, market share in terms of enrolments and number of programs, strengths and weaknesses of key universities and government regulations. The report completes with future projections and analyst recommendations highlighting the chief opportunities and cautions.

Based on the education industry analysis, the augmenting number of higher education’s enrolments has appeared as one of the strongest aspects for higher education tools and services implementation across regions. Influences such as augmenting the international student mobility and mounting government initiatives and funding are expected to create ample chances for higher education vendors.

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E-Learning Market Research Report, Size, Revenue Analysis, Growth Rate, Major Players, Future, and Covid 19 Impact

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Education Market Research Report and Industry Analysis | Education Market Research Reports Consulting: Ken Research

 The industry of education is progressively augmenting with the progressive establishments of the robots in this industry which are playing a proficient role for the positive growth. The speedy innovation in the technology and present insight of the existing technology in the education and training industry represent the noteworthy growth throughout the review duration.

At Ken Research, the Education Market Research Report covering several; countries and topics. For conveying the education to the needy students with the smart phones and computers, technology allows this as while sitting at home any one can investigates their test number of time and improve themselves accordingly. The technology of MI is strictly enclosed by the modern mathematics, probability theory, drawing on expertise, sets theory, calculus of dissimilarities among other areas and countless others. Hence, it is not an individual technology or approach, but a ground of computational science that indulge several technologies to make systems that can learn from data in their surroundings and then make predictions and take action when confronted with a new challenge or situation.

Based on the Education Industry Analysis, the effective growth in number of higher education enrolments has emerged as one of the strongest aspects for education tools and services adoption around regions. Aspects such as augmenting the international student mobility and augmenting the government initiatives and funding are projected to generate the ample opportunities for education vendors.

Market Research Reports for Education conveys the industry size basis revenue and a number of subscribers in the e-learning Industry, supply ecosystem analysis, market segmentation, business model analysis, revenue stream analysis, competition benchmarking, COVID impact, future projections and projected trends & challenges.

Not only has this, Education Industry Research Reports also covers overview of the medical education industry as well as segmentation of the colleges on the basis of institution type and segmentation that stipulates the existence of several medical colleges across the nation both regionally and state wise. 

Education Market Research Reports Consulting states that to fill up the difference, several tech professionals are looking to increase their skills with other technologies which are important for machine learning and artificial intelligence. Education industry is augmenting more progressively in the Asia Pacific region with the more innovations in the technology.

At Ken Research, Education Industry Research and Market Reports provides a holistic evaluation of the market. The report proposes a comprehensive analysis of foremost segments, trends, drivers, restraints, competitive landscape, and aspects that are playing a considerable role in the market.

Globally, education enrolment has observed a growth trajectory. However, the bulk of this growth is propelled by middle-income countries whereas high-income regions have seen more of a stagnant trend. The augmenting number of student enrolments is projected to fuel the Education Market at a global level. Additionally, augmenting the internationalization in the education sector is a foremost contributor to the growth of the global Education Market.

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E-Learning Market Research Report and E-Learning Industry Research Report Provides an In-Depth Analysis of E-Learning Market Forecast

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Dynamic landscape of artificial intelligence (ai) technology in the education market outlook : Ken Research

The technology of artificial intelligence (ai) in the industry of education is playing outstanding role as this technology is has a wide potential and make more accessible to students with the computers or smart devices. The ai technology is to motivate the students to enhance learning capacity as well as capture and enhance knowledge. Ai can operate personalization, efficiency and streamline admin tasks to enable teachers the time and liberty to serve understanding and flexibility – individually human capabilities where machines would suffer. According to the report analysis, ‘education market research reports’ states that the ai will enable a level of differentiation that’s not possible for a teacher who has to maintain 30 students in each class. By holding the best feature of machines and teachers, the sight for this technology in education industry is one where they work jointly for the best productivity for learners or students.

In the recent trend, the students will require doing efforts in a future where ai is the reality, it is dominant that our educational organizations expose students to and use the technology. Moreover, there are numerous companies which include carnegie learning and content technologies which are presently enhancing intelligent instruction design and digital stages that use ai to serve learning, testing and others. Furthermore, the technology of ai identifies the difference in knowledge and suggesting to new topics when appropriate. On the basis of model, the learner model dominate overall 60.0% share in the ai technology in education industry in 2017 as this model essentially forecast the knowledge of learners which includes the emotional state of student, achievements, previous failures and their engaging potential in studying or learning new things. Moreover, the adaptive learning technology is being used by market leaders for redirecting the digital content and enhancing the content as per the learners’ need and the potential of this technology are also being unsegregated into the learning stage to teach learners in tracking their potential and different learning process. According to the report analysis, ‘education industry research and market reports’ states that the potential of ai technology to help the children when they are fighting at home with homework or other test preparations. The ai technology has many applications which make the education market more effective which includes more development of smart content, a new way of personal development for educators with the help of virtual global conference and others. This technology has turned up this market with the more development in the technology.

On the basis of region, the north america is the leading region of the artificial intelligence technology in the education industry with over 60% share across the globe. However, the europe is also expected to grow at a significant rate in the forecast period. Moreover, the asia pacific region is also showing significant efforts in the ai technology which is most important for acquiring a handsome amount of share in the education market. Blackboard, microsoft, ibm, google are the major leading players across the globe which are significantly collaborating with the educational organizations and institutions. Therefore, in the coming years it is expected that the market of education sector will grow more significantly over the decades.

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Education Market Research Report : Ken Research

Education Market Research report describes education which is a continuous and lifelong process of development from infancy to maturity. It includes the effect of everything which influences human personality. Human behavior is modified and improved through educational process. Life without education is meaningless. It is the process of training and developing the knowledge, skill, mind, character etc. it is of three types; formal education, non-formal education and informal education. Formal education is delivered by trained teachers within a school, college or university. Non-formal education (NHE) is any organized educational activity that takes place outside the formal educational system. Some characteristics of NHE are flexibility, non-authoritarian and enhance human & environmental potentiality. Informal education occurs outside of a structured curriculum e.g. teaching by parent, friend etc.

Education is of four types on the basis of study of knowledge such as liberal education, professional education, technical education and vocational education. Liberal Education is an approach to learning that empowers individuals and prepares them to deal with complexity, diversity, and change. A liberal education helps students develop a sense of social responsibility, as well as strong and transferable intellectual and practical skills such as communication, analytical and problem-solving skills, and a demonstrated ability to apply knowledge and skills in real-world settings.  Nowadays many disciplines in sciences and social sciences are also included under liberal education as they develop the power of mind. Additionally professional education is adding special competencies over the professional practice such as archivists, librarians, teachers, nurses, engineers and doctors.

Vocational education training provides career and technical education to the interested students. Some examples of vocational education are medical assisting, office management skills, word processing applications and food & beverage management etc. Technical education provides knowledge about modern technologies.

There are many advantages of education. It creates awareness, expands our visions, develop a discipline life, enable to earning livelihood etc. It is the key to gender equality and women empowerment. There are also some drawbacks of education such as restriction of personal thoughts and discrimination. The people who have more degree or experience have thoughts that they are ahead of everyone. And also the marks or grade system creates difference from smaller age in the children. So, education should be thought as the subject matter not as a competition. Education makes people restrict their own ideas in the process of learning.

Nowadays online education is one of the easy methods of getting education. It is widely opted by millions of students from all around the world. It is the way of education by which a student can learn by sitting at home with the help of computers and mobile. Many videos, documents, ppts, tutorials of education are available on internet. By online education, student can do more than one course at a time in a relaxed and comfortable manner. Top websites for online education are coursera, edx, futurelearn, udacity, saylor academy, open2study, iversity, cognitive class and udemy. There are some challenges faced by the use of online education with no face to face interaction and requires the high amount of reading skills & hard work. Online education is developing primarily due development of technologies like studyblue, flashnotes, papertab, leap motion, celly, chromebooks, lessoncast, knewton, glogster edu and livebinders etc. These technologies have helped in evolving the education area and have changed the learning way of students.There are many of factors adding growth in the online education are perceived convenience, increased reach and personalization offered by online channels.

In India, best education companies are edukart, edugorilla, embibe, meritnation, careerguide, wiziq, toppr, vedantu, educomp, culture alley and nayidisha. There are also some apps of education on internet such as Toprankers, Byju’s, Prozo, Equickers, NCERT solution, Simplilearn, Gk for all, English to Hindi dictionary offline and vocabulary. Globally, best education companies are ABC English, Alison, Ambassadors group, Crick software, CTC trainCanada, ECC, DeVry education group, ecollege, Grovo, Globalscholar, Knewton, Lernia and Prepme etc.

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Learning Apps: Gateway To Ingenious Minds Market Outlook : Ken Research

Being rightly said, “Investment in knowledge pays the best interest.”

Education sector is one of the prominent industry in the world because of the (I) pressures from globalization; (ii) changing supply of and demand for higher education; and (iii) changes in higher education funding. These various challenges determine the development and implementation of various innovative practices to address them. Technology is changing the way we teach and learn at a rapid speed. So, to make learning more interactive and fun with technology the idea of learning apps introduced in the world. One of the great aspect of having tablets, laptops, and desktops in the classroom is the availability of educational learning apps.  Educational Market Research Report Says with these apps students can individually learn, practice, study, and have fun with different subjects, concepts and theories.

NEW ERA: Education Revolution

There are apps to help manage time, convert measurements, lead healthier lifestyles and for fun but a good percentage of apps are by natural education. Students are acquainted to all the apps that contribute towards enhancing their knowledge and skills yet entertain them as well. They are:

Ø  One stop solution -Learning apps saved the hassle to Google everything; they became the platform to undertake any course, any subject, acquire any skill without actually going anywhere. They are accessible anywhere, anytime and on any form of device. Students don’t have to worry about missing any relevant point and could skip irrelevant information which is already known to them.

Ø  Organized and trackable- Application learning is highly systematic, technical and of the smartest way to learn in today’s era. The entire framework, UI and UX of such apps is quite engaging. The organized functioning of these apps makes it simple and easy to track the lost documents from its storage.

Ø  Entertaining and social- The entertainment level of these apps enhance the learning experience for the students generating more active and interactive participation. They ameliorate interest on subjects like math, physics etc which students usually despise.

Ø  Beneficial for all- learning apps have proven their worth to all the potential users, teachers and even parents. Teachers use them to organize their course or make learning fun and interactive for students. Notes stored in the application are easily amendable boosting self learning habits and enticing the budding learners more than mundane classroom.

Educational Industry Analysis states that duolingo is one of the most popular learning app with over 100 million downloads, followed by Photomath with over 50 million downloads and there are others like quizlet, Socratic, edx, meritnation and Byju.

FUTURE PROSPECT/ CONCLUSION

State government of Rajasthan, India launched ‘Dishari’- an educational mobile application that provides free study material for youths preparing for competitive examinations. The app feature interactive quizzes with question related to mathematics, general knowledge, current affairs, computers, reasoning and economics. In the city of Lahore, Pakistan, UNESCO runs a project where they use SMS text to distribute educational context to students in disadvantages area. USA and Europe government is supporting learning apps immensely for growth in education sector.

All these innovative methods of teaching help to identify the true capability and potential of students whilst enjoying videos and subjects taught through games and graphic rather than lengthy texts. They are flexible and are expected to reach the pinnacle in the foreseen future.

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Emergence Of Ai In Education Industry Market Outlook : Ken Research

The introduction of artificial intelligence in technology has proved to be disruptive in almost all industries. Major impact of this technology is witnessed by the education sector. This disruptive technology is being integrated into the education industry at both institutional and course level. The Education Business Review suggests that global artificial intelligence market in education sector is expected to grow at a CAGR of 43.5% during the period of 2018-2022. The applications of this technology in this sector are innumerable. From making education more accessible to students with computers or smart devices to enabling organizations to reduce the time spent on tedious tasks and increasing the time spent on each student, this technology has revolutionized this market.

Artificial intelligence has great potential in automation and reducing the amount of time on administrative tasks. As education moves away from a rote learning to more dynamic modes the concept of learn-as-you-like especially among remote learning courses has emerged. Entire courses via virtual modes can be delivered via this technology and can even reply to certain standardized queries relating to the course. The most tedious and time consuming tasks the teachers have to go throw is grading. This is a major zone where the AI can assist organizations. Currently, AI technology powered devices are capable of grading only objective answer sheets but as AI develops, it shall soon be able to assess subjective answer sheets as well. Artificial intelligence powered bots have been introduced in Georgia Tech University, where bots reply to certain common and pre determined questions without the students knowing that they do not communicate with a human being. The AI is capable of finding gaps in the curriculum based on how students actually perform in the tests. For instance is most of the students are not able to answer a particular type or question, the AI will correlate that to the curriculum and find whether the particular topic was actually missing from the course or not. It shall then assist teachers to provide better student material or learning techniques. This technology can monitor student performance indicating key weak areas where students lack performance and convey this record to the teacher who in turn can focus their attention to these weak areas. Education Market Research Reports Consulting is of the view that today every kind of student from advance students to students with special needs requires access to same kind of education. Keeping this in mind, AI can adapt to individual student requirements making learning a lot more meaningful experience for the students.

The AI technology introduced in Georgia tech university (USA) has been backed by IBM’s technology. Some established companies working under this domain are Microsoft, Quantum Solutions, Pixatel, and Nuance Communications. Many new startups have gained entry into the booming industry such as elemental path, querium corporation, metacog, jellynote and fishtree. The competition in this sector is expected to remain tense due to a high CAGR with startups trying to gain a piece of the market share.

The institutions across the globe are witnessing the future of the education industry due to the introduction of this advanced technology. It is expected to improve the way lectures are conducted in classrooms and reduce administrative tasks considerably. Plus, this technology will save millions in cost for institutions and allow them to appropriate its fund to key matters paving the way for operational effectiveness and efficiency.

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Smart Education Devices To Dominate Traditional Education Systems : Ken Research

Education is an integral part of the public sector. Globally, information and analysis on the education market plays an important role for both government and commercial organizations. Education Market Research Reports provides insights into trends, changes, projections, and opportunities across the education market on a global scale. Global education industry is experiencing rapid expansion due to government support, technological advancements, increasing enrolment ratios and increasing awareness of adult education. Almost all the developed nations provide sophisticated education, while the developing nations provide primary education. Governments in developed countries provide more support to their education sector compared to the developing countries. This is due to high availability of resources in the developed nations such as advanced technological educational tools.

Now-a-days, education institutions are investing more in software solutions than in technology hardware. M-learning, Bring Your Own Device and virtual reality are gaining popularity. Education technology is enabling student-centred education, while lectures are becoming project-and inquiry-based. Global educational institutions are also investing heavily to provide teaching staff and competitive salaries for professional courses such as law, engineering and medicine. The major motivators in the education market are the ageing population and increasing middle-class along with increasing education resources.

The introduction of digital era has created a paradigm shift in the traditional education market. Consumers are adopting formal and informal learning methodologies that are driving the growth of the education market. These new trends initiated the smart education systems on a global front. The smart education market has many hardware providers who are introducing various educational devices. These smart devices support various activities in the education sector such as teaching, learning or operations. Majority of the educational systems have deployed iPads and tablets for teachers and students.  Document cameras, interactive whiteboards, projectors, and 3D printers are used in advanced learning. With the integration of these devices in traditional classrooms, global education system has become more flexible. Smart education systems provide more support along with institutions so as to promote any type of learning environment, such as flip classrooms, virtual classrooms, experiential, and collaborative learning, which is propelling the growth of the smart education market. Majority of the global smart education systems are provided by Blackboard, Cisco Systems, Instructure, Pearson, and Samsung.  

The major challenges in education market are the online training resources, programs and even mobile applications. Therefore, successful educational service providers are benefitting with the use of the latest technology. These tools help students to learn in new and exciting ways and also help providers to manage students, administrative functions and source material distribution more efficiently. According to Education Industry Analysis, majority of the education revenue comes from tuition or program fees depending on geographical location and subject matter. The education industry is not limited to tutoring school age kids in subjects such as maths or science but also in childcare, early education, career education, art, dance, adult language, test preparation and even driving. The education market is anticipated to grow at a steady rate over the next few years because various educators are utilizing various online platforms in teaching and learning methods with the help of advanced educational technology.

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Global Educational Market Outlook Report : Ken Research

Overview: Recent Education Market Research Reports estimate that the global educational market will be one of the fastest growing markets owing to increased penetration of internet and growing device based accessibility to educational material. As per recent research conducted for the white house report, the education market for the United States alone is estimated to be worth around USD 1.3 Trillion as of late 2016 with a majority of the expenses being made towards the K-12 sector with roughly USD 670 Billion and the Higher education sector taking the second largest expense level of approximately USD 475 Billion. There are about 100,000 public schools, 30,000 private schools, and roughly 4,000 charter or other schools in the K-12 space in the U.S. Education is one of the most significant expenditures to the Government in the U.S and is of high importance, contributing about 9% to the GDP in 2017, it is the second biggest individual market in the U.S, right behind healthcare. Although the market size is large, U.S is one component of the total global educational market which has grown from its value of USD 2.5 Trillion in 2005 to over USD 4.4 Trillion as of 2017. The market is expected to experience high growth rates for the upcoming years as well with a major investment made into EdTech (Educational Technology).

E Learning: The global market for online education has an approximate size of USD 160 Billion as of 2017 and is expected to grow at a rate of 29% for the period 2017-2023. There is massive growth in the Education Technology sector caused by increasing availability of online platforms, higher rates of adoption of technology and growing student based customization offering convenient and effective education to students. The Industry for online education is increasing rapidly with investment into Educational Technology growing year on year. The investment into educational technology is growing with an investment of USD 8.1 Billion in the United States alone for the year 2017. There has been growing investment in China as well with 2017 investments in Educational technology toppling USD 1.2 Billion.  Research estimates the Educational Technology Device market to be worth about USD 18 Billion with the total market to be worth USD 275 Billion by the year 2020. By 2025, the global market for E learning is expected to be worth USD 325 Billion with a medium to high growth across different segments. By component, the hardware market is expected to grow with a 27% CAGR. By product type, the content market is expected to grow at 28% CAGR from 2017 to 2023. By application, the market for higher education is expected to grow with a CAGR of 26.71%. Geographically North America dominates the market in terms of value and size followed by Europe although the Asia Pacific is expected to be the fastest growing market.

Trends:   The most significant change that is expected to occur is the shift of the classroom form physical to online. There are a majority of online based correspondence and distance courses that exist in a large number of universities today and the number is expected to grow with an increase in courses and better quality material over the upcoming years.  There is also an expectation of integrating artificial intelligence and machine learning into the Educational Technology platforms which would provide students with greater customizability and personalization on their courses for better and more effective learning. The rapid growth of platforms is bringing about the Software as a Service (SaaS) model integration into education. Although the largest customer base is in the K-12 Sector, higher education is expected to be the major contributor in terms of customer value and for revenue to the market. There is also an expected increase in the innovations being used for educational purposes with the entry of game changing technology like Artificial intelligence and virtual reality into the learning environment for students and skilled professionals. The final major trend that is expected to boost the growth of the education market is the entry into the sub sector of adult education which is forecasted to be the biggest in terms of opportunity owing to a complete lack of competition in the sector.  These developments are expected to boost education into one of the most critical sectors of economic development globally

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India Education Sector: Computer the Classrooms of Future India: Ken Research

Introduction: Recent market research done into the Indian Education sector has revealed that the Indian Online Learning market comprising of web based platforms, online applications and blended learning programs would be a market worth USD 2 billion. The customer base in online learning is expected to grow six fold from the current 1.6 million users to around 9.6 million by the year 2021. The increasing penetration of technology into the education market is creating a paradigm shift in the market for education in India.

Market Timeline: In 2015, the government of India launched a program to deliver free learning through online platforms; the SWAYAM initiative has been a government program to launch an online portal available to anyone wishing to learn in India with a capacity to host 2,000 courses with over 80,000 hours of video course material. The program was geared towards accessibility of quality education to rural areas aimed at connecting to 250,000 villages in India providing the population with course material from class 9 ranging to post graduate courses.  The increasing addition of participants from tier 2 and tier 3 cities like Patna and Guwahati have been noted to be the primary driver behind the growth of the market. As of July 2017, it was confirmed that the internet user base in India had reached 500 million. Educational content has been one of the most active parts of the internet with Educational related searches on Google tripling and Educational video demand doubling over the last year. Around 45% of the searches and queries are coming from beyond the top 6 metros in India. While a large number of searches and queries have resulted from schooling due to primary education still having the largest customer base of around 260 million users, the segment is poised to reach 773 million by the year 2021. The reskilling and certification segment was the most important with a value of USD 93 million expected to grow to USD 453 million by the year 2021. Competitive exams and other test preparation which is a small segment as of today is likely to grow at a CAGR of 64% to become a $515 million category in 2021. Even major corporate are taking initiatives towards reskilling with leading Indian conglomerate Mahindra and Mahindra entering into a partnership with Indian American educational tech platform edX to retrain 117,000 of its employees in various business tasks and skills . The learning platform edX alone has seen tremendous growth in the last 5-7 base owing to the addition of 1.5 million Indian customers alone which makes roughly 11% of the platforms total customer base. This shows the difference accessibility plays and even the government follows through on the trend. With access to education being the major inhibitor roughly 25% of students in India pursue higher education which is quite low compared to 70% in the US. The growing need for accessible education has been addressed in Formal education as well with the Indian government announcing in January that they will allow 15% of all Indian universities to offer online degrees for students and executives. Universities accredited by the National Assessment and Accreditation Council (NAAC) and rated A+ will be allowed to offer such courses. Others that want to offer such courses will be allowed a window of two years to achieve the A+ level in NAAC accreditation. This will not be limited to specific courses or degrees but will span a wide range of sectors and industries allowing for greater variety in the options students are allowed to remotely learn.

The emerging subjects: With Information Technology services becoming the biggest export and growing to become one of the central pillars of the Indian economy , a large number of companies and courses have opened up opportunities for entry into the IT industry within India and abroad by online learning platforms and services equipped to train students and professionals in the disciplines of Data Science, Advanced Data Analytics, Advanced Programming and in Artificial Intelligence and Machine Learning. The most promising of these opportunities being the launch of Google learning in March 2018 allowing users to enter the discipline of AI. The platform offers core AI concepts and opportunities for solving real world machine learning problems. The emergence of the online learning platform has had a major impact on the growth of online educational service firms like edX, GC Solutions, Signy, Learnnovators and more. The opportunity for greater integration and personalization of courses using AI and Machine Learning can revolutionize learning in the Indian Society

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Technology to Enhance the Global Education System -Ken Research

According to the education market research report, people aware about increase in skill mismatches, therefore, corporate and individual learners are increasing their investments in technical and vocational education. The education sector is based on long-lived traditions and follows a strict code of rules. Primary education and secondary education institutions are publicly-funded. If we talk about European countries, students in the UK until the age of sixteen years are entitled to a free place at a state school compared to the private education sector which is expensive. There are four main types of state schools in the UK such as the community school, foundation school, trust school and voluntary-aided schools. Community school is run by the local authority and is linked with the local community which also offer childcare and adult learning classes. Foundation schools are self-run school that employs the staff and has its own admissions criteria. Trust school is another type of foundation school which forms a charitable trust with an outside partner. Voluntary-aided schools are religious schools run by the local authority.

Secondary-school education starts at the age of 11 to 14 and are educated on various subjects such as English, Maths, Science, Design and Technology, Information and Communication Technology (ICT), History, Geography, Modern Foreign Languages, Art and Design, Music, Citizenship, Physical Education, Careers education and guidance, Sex and Relationship Education and Religious education. After graduating from the secondary school, students may choose to either leave school or continue with their education. They may continue at vocational or technical colleges, or pursue higher education in various universities.

The market for technical and vocational education has witnessed a steady growth over the recent years. People are interested in technical and vocational courses, thereby; institutions are employing more workforce in this sector. The increase in digitization in technical and vocational education with advanced technology, many of the trainers are improving the delivery of vocational and technical education through online and offline platforms. Classroom-based training is still the dominant method of teaching in UK rather than online training. PCs, tablets and smartphones are used to improve distance learning programs. The increase in technology in technical and vocational training has motivated the large chunk of the population to use educational software solutions, virtual learning platforms, simulations, and interactive multimedia content in the education market.

According to “Education Business Review”, education market is constantly growing due to the increase in public and private institutions, ministries of education, government agencies, and educational and testing companies. There is a stiff competition between public and private educational institutes with an intention to draw faculty, students, research funds, and business partners for association. Increased in internet penetration, internet connectivity, privacy of cloud based resources, replacement of device based computing, personalization of technology, introduction of mutual and online learning are the key factors driving the education market in the country. Agreements, partnership, new technological developments and ease of deployment are the major opportunities for education market. Thus, the increasing competition is mounting high pressure on already established universities’ business models.

Software solutions provided in the education market are segmented into campus technology, data security and compliance, student and curriculum, performance management, content and collaboration and other solutions. Various hardware devices that are technological advanced in education market are tablets, PCs, projectors, interactive white boards, and printers which play an important role in enabling educators and student to capture leading opportunities. The other services offered in an education market are consulting, advisory, implementation, training and other support services. Education market is segmented into private colleges, community colleges and state universities.

Education industry has doubled over the recent years due to huge support for research functions in higher education institutions. Primary, secondary, and higher education institutions are getting public support that helps to manage with possible fluctuations in revenue caused by Brexit. Increase in the higher education cost, decreased government funding and difficulty in adopting server based computing may pose major challenges in the  education market over the next few years.

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