In the US alone, the education industry has a worth of $1350 Billion. World over, the education industry generates $5.6 trillion in revenue.
The major driver of growth in the US today is online education.
Innovators, entrepreneurs, and businesses are looking for ways to implement creative EdTech ideas. The process is the same as it is with any other startup, find a pain point, and give its solution.
The online education industry in the US will reach $350 billion by the year 2025.
The intelligence-driven education industry is solving a wide range of student issues.
Be it easy access to study material, online classes, adaptive learning, or gamification. These features help build up a student’s interest.
Similar education business ideas will further improve the online education industry.
It will move towards better stages of development.
But it does take innovative ideas in the EdTech field to disrupt the market and present new arenas of growth.
We are going to discuss some amazing education business opportunities and ideas. These ideas have the potential to can change the face of online training as these 20 EdTech startups already did.
We have seen kinematics in games that work on motion sensor technology. But, using it to educate the kids is something new and fresh.
With movement-based learning, the kids who need special education can get extra benefits.
Bundling Kinesthetics with adaptive learning will be great for kids. Especially for those with conditions like dyslexia, autism, and ADHD.
This is one of the most important and lucrative education startup ideas. It will generate revenue and solve a great problem.
Another one of the great education business concepts consists of using AR technology. As per research 90% of what we do and see retains.
Taking similar ideas, you can build an education startup that uses AR to help people learn.
Lessons that are prepared with AR are more immersive and talk about the concept in detail.
With such an education business, the teachers can light up the classroom and teach better ideas in the students minds.
Another one of good education business ideas is providing student and career counseling.
With a multitude of options available for the students may need some advice to choose a career.
Using AI to develop an EdTech solution that will help them choose a major is a much-needed startup ideas.
Such a solution will use the user responses to a set of questions and provide them with relevant results.
Artificial Intelligence has dual benefits. It streamlines the process to reach conclusions and learn the user-behavior.
The existing education business ideas using this technology can also recalibrate the results. The concept of recalibrations helps better conform to the user’s requirements.
Some platforms that allow teachers to make their own courses and share them with peers.
But one of the things that you can do with this sort of education startup ideas is to build a marketplace for them.
Such business ideas will be like an Amazon for education. But only for the teachers and professors.
You can also help them build their own brand and portfolio of courses and tests. This will benefit the peer community of the teachers and students to prepare better.
You can also allow institutes, schools, and even colleges to prepare such courses.
They can either share these courses with their own students or even sell them to outsiders.
Learning by watching videos is better than reading long pages and bulky books. You can develop your education business in this domain. But using visualizing the concepts and ideas of the subject matter.
Apart from this, it will be a good option to help students diagnose their issues with the subject.
Help them understand where they lack and in which areas they need to do some more work.
Visualizations are better than other smart learning techniques. This is because they stimulate the key learning areas of the brain.
This increases memory retention power and flattens the learning curve.
Your EdTech platform must allow the students to visualize ideas. It will help increase their engagement.
Apart from this, visualizations can prove to be an asset for students of all ages.
Students spend a lot of money to ensure that they get admission to the right university.
A university that will help them become better versions of themselves. One of the ideas that can transform into a lucrative education business is helping students make that choice.
These kinds of education startup ideas need big data implementation and machine learning.
They absorb the student’s history, academic record, ideas, and other interests. A smart algorithm, the portal will provide them with recommendations about different universities.
You can also embed technologies like machine learning and adaptive learning. This will help the students get personal recommendations.
It is also profitable to provide different resources to the students. This will help them with documentation and writing essays.
This is a new and advanced education startup ideas that are in working only by Harvard, Oxford, and an Asian School chain. For instance, the ELO Room and HBX by Harvard.
A teacher or an instructor stands in a studio room that has a robotic camera with motion sensing.
The teachers are in front of a big screen. It broadcasts students from different locations who can learn and attend classes.
Although live class ideas are already prevalent and established education business.
But, this is something new as it is a more immersive, dynamic, and real classroom experience.
