As the education landscape continues to evolve, and shift more and more to digital systems and platforms, the industry as a whole seems ripe for disruption. Currently, education is a 7 trillion dollar industry. Trillion with a T. That equals more than the combined GDP of Italy, France, and the UK.
The infographic below, from Knewton, takes a look at 3 major trends that are driving digital education. These trends are: Digital content, mass distribution, and personalized learning. Digital content, in the form of textbooks and other documents, is a major component of the broader education industry. Mass distribution refers to the growing prevalence of online classes and online schools. Personalized learning is just that. new technology allows for incredible customization of learning approached and content.
The infographic also dives into the current state of the digital education industry, and provides some pretty remarkable statistics. From 2012-2013, enrollment in online courses grew by a margin of 14%. Compare that to the 1.2% growth of higher education in general. This is an incredible time for digital education, and it looks to be gaining ground. Have a look at the graphic below: