The worldwide education technology market is estimated to reach USD 348.41 billion by 2030, increasing at a CAGR of 13.6% between 2023 and 2030, according to Grand View Research, Inc. Learning advances in lockstep with technological advancements.
The education technology (EdTech) business is quickly expanding, resulting in a flood of enormous worldwide investments in everything from virtual classrooms to massive open online courses (MOOCs).
Governments throughout the globe are pushing incumbents in the education industry to start a variety of programmes targeted at incorporating EdTech into the entire education system, recognising the potential of using technological advancements to improve the learning process.
For example, the Delhi government took the initiative in January 2022 to create 20,000+ smart classrooms in schools by installing 16 smart classrooms in Shaheed Amir Chand Sarvodaya Vidyalaya.
Smart classroom projects improve the teaching-learning process and provide students with access to all online learning materials. Modern cameras would be put in the classrooms to record live sessions, which teachers and students would be able to watch in the future.
