Innovating Education | STEAM

Transforming Learning Experiences

The global education market is valued at USD 6 trillion, projected to reach USD 8 trillion by 2030, with EdTech spending expected to grow from USD 250 billion (2022) to USD 620 billion (2030).

Key drivers include AI, blockchain, and remote learning, with platforms like Khan Academy, Coursera, and Duolingo leading the transformation.

EdTech enhances accessibility, inclusivity, and efficiency, though challenges like the digital divide and teacher training persist.

Trends and Challenges

Trends:

AI Integration: Personalized learning.

STEAM Education: LearnOBots and STEAM Minds focus on robotics and coding.

Financial EdTech: Edufi’s “Study Now, Pay Later” loans.

Challenges:

Gender disparity in tech access and adoption.

EdTech sector is rapidly evolving, driven by government support, startups, and global partnerships. By leveraging technology to bridge gaps in access and quality, the industry holds significant potential to transform education and workforce readiness.