Technological advancements have affected industries across all sectors. Going by recent classroom innovations, it is safe to argue that tech has caught up with the education industry too. Nonetheless, some pessimists and traditionalists still maintain that the presence of technological gadgets in schools doesn’t Build learning outcomes. The growth of the edtech industry in recent years only serves to prove such cynics wrong. 

A recent survey by London & Partners and EdTech UK indicates that the EdTech industry is  worth more than $67 billion with the figure likely to rise to $192 billion by 2020. The sector ranks among the fastest growing sectors of the United Kingdom’s digital market. Currently, there are more than 1,000 England-based startups, which comprise half of 20 of the fastest growing firms in the EdTech industry in Europe. One-fifth of UK-based EdTech startups operate from London. 

How EdTech Will Influence the Learning Environment 

All sectors have been affected by technological advancements. If you consider the latest classroom innovations, you can safely say that tech has made inroads into the education industry as well. However, some naysayers and those with a conservative outlook still maintain that the use of technological gadgets in schools doesn’t have any impact on the students’ learning outcomes. The expansion of the EdTech industry in the recent past only goes on to show how wrong these skeptics are. 

A survey conducted by EdTech UK and London & Partners pointed to the EdTech industry’s whopping worth standing at over $67 billion, with the number expected to escalate to $192 billion by 2020. In the UK’s digital market, the EdTech sector is one of the fastest-growing sectors. At present, there are over 1,000 England-based startups, which make up 50% of 20 of the fastest-growing firms in Europe’s EdTech industry. In the United Kingdom, one-fifth of the nation’s EdTech startups function from London. 

How EdTech Is Poised to Impact the Learning Environment 

Most recognized edtech companies and startups are looking to improve students’ learning experiences by encouraging their innovativeness with the use of technical gadgets that need their active participation. These gadgets usually incorporate various online resources, DIY (do-it-yourself) kits, and student-oriented activities.

Despite society’s acceptance and use of technology, the human-tech relationship is still inconsistent. But children are among the largest customers of tech. This makes initiating technology’s use in their learning activities worth it. And this is what EdTech entrepreneurs are trying to make the most of. Since British public schools have encouraged experimentation with classroom gadgets for some time now, it makes the United Kingdom a favorable destination for EdTech startups. 

The EdTech Industry’s Future

Britain plays home to some of the world’s leading universities, which makes it one of the most lucrative markets for EdTech businesses. At present, schools in the UK are already spending about £900 million each year on EdTech. With the decision to commence the computing curriculum, head educators will be encouraged to buy an increasing number of tech gadgets. This indicates that EdTech entrepreneurs will continue playing a crucial role in education in the upcoming days and years.

After realizing the industry’s upward growth curve, many EdTech companies have started looking for venture funding. The UK government supports EdTech UK, a recently-launched body in the EdTech space with the aim of speeding up the growth of startups. Ian Fordham – EdTech UK’s CEO, emphasizes the amount of education exports standing at over £17.5 billion annually, which is why he believes it should be a noteworthy part of the equation. 

As systems are already in place in the education sector, EdTech companies could comfortably grow in the setting. Unlike sectors where the launch of modern technologies requires changing the existing systems radically at first, the education sector is already ready, which makes such introduction a lot easier. The truth that there’s an extensive and mainstream adoption of technology in the UK and worldwide signifies that education’s future rests with the EdTech entrepreneurs.

Britain plays home to some of the world’s leading universities, which makes it one of the most lucrative markets for EdTech businesses. At present, schools in the UK are already spending about £900 million each year on EdTech. With the decision to commence the computing curriculum, head educators will be encouraged to buy an increasing number of tech gadgets. This indicates that EdTech entrepreneurs will continue playing a crucial role in education in the upcoming days and years.

After realizing the industry’s upward growth curve, many EdTech companies have started looking for venture funding. The UK government supports EdTech UK, a recently-launched body in the EdTech space with the aim of speeding up the growth of startups. Ian Fordham – EdTech UK’s CEO, emphasizes the amount of education exports standing at over £17.5 billion annually, which is why he believes it should be a noteworthy part of the equation. 

As systems are already in place in the education sector, EdTech companies could comfortably grow in the setting. Unlike sectors where the launch of modern technologies requires changing the existing systems radically at first, the education sector is already ready, which makes such introduction a lot easier. The truth that there’s an extensive and mainstream adoption of technology in the UK and worldwide signifies that education’s future rests with the EdTech entrepreneurs.