EDUCATION
The education industry has been growing quickly in recent years, and it’s being driven by an increasing amount of smart technology being incorporated into the classroom. In fact, according to a report from researcher IHS Technology, spending on educational technology is expected to total more than $200 billion by 2017.
Educational technology refers to a wide range of activities, technologies, and services that are used inside and outside of the classroom to improve students’ educational achievements. These include curriculum, instructional techniques, devices and tools that support learning, professional development, staff training and development programs, teacher preparation programs, and the creation of instructional materials. Educational technology is designed to assist students in learning more successfully and efficiently.
Schools have increased their use of educational technology in a number of ways. A key development is the incorporation of smart technologies into instructional spaces in place of conventional blackboards. For example, adaptive learning systems (ALS) are used for personalized instruction for individual students or groups within the classroom. Their role is to help teachers collect data about student performance in order to provide targeted lessons that will help each student progress at his or her own pace.
How we add value:
When it comes to the educational technology field, we’ve learned to find the right industry experts from our expert network for our clients and ensure they’re connected to their specific needs. Our team of researchers are at the forefront of education technology trends, whether it be online learning platforms, classroom management systems, or tools for teachers.
We’ve seen how valuable these resources can be. We’ve worked with subject matter experts on projects of every size from small elementary schools to large universities and have been able to help them find solutions to their consulting bottlenecks by providing them with actionable insights. This has included everything from an online learning platform that provides a seamless transition from classroom instruction to self-guided study for students, to a classroom management system that allows teachers and school administrators to keep track of all the information that’s useful for maintaining order in the classroom.
As the educational technology industry continues to evolve, we recognize that there are opportunities for us to explore and create new ways for students and teachers alike to benefit from this expanding industry.
Featured Insights
How Education Market Research Helps Entrepreneurs Drive Success?
You may be an aspiring entrepreneur and require necessary market knowledge before starting your work in the education domain.
CASE STUDY
K-12 Education Market
Client Situation:
A private equity firm, looking to invest in identifying the K-12 Education Market, wanted to understand the market dynamics of the K-12 education system in India and identify the key players in this market. The client had a very high level of understanding of the market but they wanted to validate their findings by speaking with some industry professionals.The client wanted us to identify major trends in the K-12 education market like growth rate, spending pattern, etc.
Our Solution:
Our inhouse research team made a deep dive into the market to understand the key stakeholders and identify the leading players in the industry. Secondary research entailed reviewing relevant journals, books, and analytical research documents to understand the trends in the industry. The data collected was analyzed by reading through SWOT Analysis, Porter’s Five Forces Model, PEST Analysis, etc from different secondary sources to arrive at an overall picture of the market landscape.This helped the team map the relevant subject matter experts from our Global Expert Network who were screened on the specific requirements of the study to ensure the potential synergy.The shortlisted experts were then connected to the client over a web call so the team could learn exclusive insights of the market straight from the best minds in the industry.
Result:
Based on the discussion our client could learn some key recommendations that would help them gain a competitive advantage over other players within this space. Our experts helped the client understand their competitors better and devise strategies that would help them gain maximum market share within a specified period of time. The experts gave them a detailed analysis of the competitive landscape for each player in this space along with suggestions for future growth opportunities based on trends we noticed during our research process.