COVID-19, a silver lining for the education sector, will result in the transformation of the industry.
FREMONT, CA: The COVID-19 pandemic is an unforeseeable calamity for the world, and we are unprepared. The impact on offline education is very risky. It is very unlikely that schools, colleges, universities, and other institutions will reopen before the vaccine is found for the virus. Technology can play a significant role in ensuring continuity in learning.
Everyone knows that digital businesses grow faster. This translates into the demand for digitally skilled professionals who can pursue to power the growth in these businesses. One trend during the COVID situation is the growing partnerships between traditional education players and edtech companies.
Technology initially supplements the way of working a paving way to reach the level of replacing the ongoing direction of working with cost-efficient way and by improving the idea of working to achieve a different level of experience, which would have been impossible without technology.
High consumption of entertainment happens on millions of smaller screens at homes. Each person consumes entertainment personalized for their taste and at their convenience. COVID-19 will increase this change, and post COVID-19 people will be more comfortable than ever before watching movies and entertainment of various kinds on their mobiles, laptops, or TVs.
Adapting to learning online through the use of technology will increase like never before. There will be offline universities and colleges. In a market-share perspective, the amount of education content that will be consumed through the use of edtech will be as many times the learning that will happen on the campus. Offline universities and colleges will also change to online programs, delivered in partnership with edtech companies who will help them power their learning delivery.