Global Smart Teaching and Learning Market Predicted to Exhibit Huge Growth in Future
Owing to their cost-effectiveness, smart teaching and learning solutions are observing a rising popularity across the globe. The initial investments are much lower in traditional forms of education, than in e-learning. However, once the systems and courses are developed, smart learning and teaching solutions do not incur further costs, which is not the case in traditional education, where various additional expenses, such as regular trainer salaries and infrastructure costs, are incurred.
The burgeoning demand for learning analytics applications in academic and corporate sectors is another factor propelling the adoption of smart teaching and learning solutions across the world. The analytical applications allow the users to obtain accurate predictions about the outcomes of reformation, learning, and resources, and this, in turn, encourages the participation of all stakeholders in the various learning and combining processes, in order to achieve the educational objectives. Due to these factors, the global smart teaching and learning market is expected to exhibit huge growth in the coming years.
Since the last few years, there has been a massive rise in the adoption of advanced technologies that have helped in the transformation of education and teaching processes, from the traditional classroom-based methods, to smart learning processes incorporating the use of remote and digital learning methods. There are multiple methods of smart teaching and learning, such as collaborative, simulation-based, and adaptive, blended, and virtual instructor-led training (VILT). In the smart learning and teaching environment, the course content is available in the form of text, video, and audio, and this can be accessed through different applications.
The biggest trend presently being observed in the smart teaching and learning market is the rising adoption of such processes in the academic sector. However, these technologies are also increasingly being adopted in the corporate sector, due to the ability of these techniques to improve the business outcomes. In addition to this, traditional classroom-based training is usually more expensive for many companies, especially the small and medium enterprises. As a result, these organizations are rapidly incorporating e-learning methods, in order to reduce their costs and enhance the training outcomes.
Geographically, North America recorded the highest usage of smart teaching and learning techniques in the past. This is mainly attributed to the fact that a majority of the academic and corporate organizations in the region are shifting toward e-learning processes and analytical solutions, such as content management system, student management system, employee management system, library management system, and learning management system, for effective data management. Moreover, the smart teaching and learning solutions enhance competent and collaborative learning, which promotes their adoption in various sectors in the region.
Thus, the adoption of smart teaching and learning methods, on account of their lower costs and ability to provide remote learning, is expected to rise substantially over the next few years.