Overview of the global higher education active learning platform market
Market research analysts at Technavio predict that the global higher education active learning platform market will grow impressively during the next four years and will post a CAGR of more than 29% by 2020. This market research analysis identifies the adoption of active learning strategies in STEM (science, technology, engineering, and mathematics) education as one of the primary growth factors for this market. The introduction of innovative teaching pedagogies resulted in a major paradigm shift in the delivery of education. Educational institutions have started focusing on adopting effective learning strategies to enhance STEM education. Active learning allows teachers to have access to tools, which help create inquiry-based learning interfaces and assist students in enhancing their inquiry skills and enabling them to leverage the knowledge base. Additionally, active learning also faciltates instructors to change language settings, incorporate concept mappers, and operationalize theoretical concepts, which will drive its adoption among schools and colleges.
The emergence of flipped classrooms will be one of the major trends that will gain traction in this market in the next few years. Emerging as a form of blended learning, flipped classrooms incorporate both face-to-face and web-based learning techniques. This method provides an initial exposure to learning content such as presentations, readings, and instructional videos outside the classroom and allows students to discuss, practice, and work on application exercises at classrooms, which is highly beneficial for international students who are not fluent in the primary language used in classrooms. Since
Global outlook of the SIS market for higher education
Technavio’s market research analysts predict the global student information system (SIS) market for higher education to grow steadily during the next four years and post a CAGR of almost 13% by 2020. This industry research report identifies the replacement of legacy and homegrown SIS to be one of the major factors that will have a positive impact on the growth of this market in the coming years. The constant introduction of new modules and features to serve the evolving demands of customers has shortened the life cycle of such systems. This has resulted in compelling vendors to develop student information systems software that offer features such as advanced reporting and real-time integration. Moreover, SIS vendors have also started working in close collaboration with educational institutions to offer customized solutions. This in turn, willl drive educational institutions to replace their existing software with advanced versions, driving the demand for student information systems.
Digital classrooms have incorporated advanced technological learning aids such as interactive whiteboards and 3D printing which improves student interactivity and knowledge retention. This induces educational institutions to increase their investments and include more collaboration, assessment, and enterprise resource planning (ERP) systems in their delivery methods. Educational software is used by higher educational institutions for creating and managing content and in also providing instructional support to educators. The high penetration of the Internet and advances in ICT, will also increase the adoption of
Global outlook of the next gen LMS market
Technavio’s market research analysts predict the global next gen LMS market to grow steadily during the next four years and post an impressive CAGR of more than 26% by 2020. This industry research report identifies the better content management functionalities offered by these learning management systems to be one of the major factors that will have a positive impact on the growth of this market in the coming years. LMS offers a centralized learning system through which educational institutions can offer a wide variety of learning content to students. Course management systems not only assist in the production of various content that can be aligned with the needs of students but can also be used to manage and track relevant courses. Additionally, LMS systems provide a platform for users to create profiles and share content through posts, tags, ratings, and newsfeeds and also allow instructors to embed YouTube videos and SlideShare presentations while designing course lessons.
The emergence of mobile learning will be one of the major trends that will gain traction in this market in the next four years. The increased adoption of bring-your-own-device (BYOD) policy by educational institutions around the world, compels the integration of LMS and BYOD polices. However, with the task of managing a wide range of individually-owned devices becoming complex, companies will start adopting the corporate-owned, personally enabled (COPE) policy, in which, the devices are provided by the organization. This will result in an exponential increase in the use of mobile devices and vendors will focus more in their R&D to
Overview of the anti-plagiarism software market for education
According to the market research analysts at Technavio, the anti-plagiarism software market for education will witness tremendous growth and will post a CAGR of close to 12% over the forecast period. Increasing focus on self-directed learning is one of the primary factors driving this market’s growth in the coming years. Most schools and colleges are looking at enhancing the quality of education at a granular level, which has led to the introduction of various kinds of learning methods, such as inquiry-based methods and experiential learning. The open-ended nature of questions demands students to submit their answers through online copies of written assignments. And most students resort to copying content from various sources of information, and this is where the plagiarism detection software is needed. This has compelled educational institutions to install plagiarism detection software to identify and discourage students from using the plagiarized content. Moreover, since the anti-plagiarism software also helps students learn the correct way of citations and paraphrasing, its demand among end-users from the educational sector will increase substantially.
The anti-plagiarism software not only checks for plagiarized content but also acts as a preventive tool. It is used by the faculty as a supportive service while developing course content. As a post effect of digitization, the traditional course content that was limited to few textbooks is now being replaced with online information from various sources. With the help of the anti-plagiarism software, teachers can design and develop course materials by referring to online sources that are
Overview of the K-12 laboratory kits market in the US
Technavio’s market research analyst predicts the K-12 laboratory kits market in the US to grow at a CAGR of almost 12% between 2016 and 2020. Several K-12 schools in the US are implementing various education technology products and refurbishing their teaching and learning methodologies. Schools are endorsing the concept of experiential learning as it aligns with their student-centric learning approach. Such advanced curriculum processes allow students to take responsibility for their learning process. To complement the such approaches, educational institutions in the US are adopting instructional materials such as laboratory kits to increase the element of personalized learning, primarily in the K-12 segment.
Owing to the paradigm shift in the delivery of education, experiential and inquiry-based learning has gained huge traction in the market, which has increased the adoption of laboratories that endorses the culture of learning through curiosity. Laboratories are increasingly being used as the potential medium to address the weaknesses associated with traditional pedagogy. There has been a rise in experiential learning to operationalize theoretical concepts using laboratories as the medium of granting education to students. Experiential learning involves real-life problem solving, replication of authentic situations and contexts, and offers learner-controlled activities, which ultimately allows the learner to develop their cognitive skills. The experiments that are carried out in laboratories are designed to enhance pedagogy used by schools.
Competitive landscape and key vendors
Overview of the competency-based education market for higher education in the US
Market research analysts at Technavio have predicted that the competency-based education market for higher education in the US will grow steadily during the predicted period and will post an impressive CAGR of more than 22% by 2020. This market research analysis identifies the constant rise in student debts owing to the expensive traditional education programs as one of the primary factors that will have a positive impact on the growth of this market. The considerable increase in student debts in the US has resulted in affecting the financial security and the disposable income of the young generation. This will induce students to look for alternative education programs. Competency-based education is self-paced and online and offers several advantages over the traditional educational model. Also, competency-based degree programs grant credits through multiple channels, such as prior learning assessments, work experience, and credit mobility for transferring credits, which significantly reduces the cost of completing a degree. For instance, the competency-based Bachelor of Administration (BBA) program at Brandman University comes with embedded content and costs only around USD 13,500, which is significantly lesser than the fee for traditional courses.
The emergence of learning relationship management systems is identified as one of the major trends that will gain traction in this market during the next four years. Learning relationship management systems are software tools that can be used to measure students’ progress by tracking the mastery of competency, in real-time. This will enable instructors to effectively create, design, and manage competency-based learning and also helps in ensuring that the best ideas are accessible to both the educators and the students.
The digital era has created a paradigm shift in the traditional education business model. The devices that supplement, complement, and enhance the learning process are introducing new business opportunities to the industry.
In addition to formal learning methodologies, learners are embracing informal learning techniques at an increasing rate. E-learning has enabled diversification in education and facilitated self-paced, instructor-led, and blended e-learning. These are advantageous to both teachers and students.
Thus, the rise in acceptance of technology in the industry has not only led to a new education business model, but also to industry fragmentation, despite it being one of the most highly regulated industries across the world.