You have to face the real world to learn the skills that the real world requires. Moreover, real-world skills are hard to teach in academic settings. There is a growing gap between academia and the industry. This segment also faces significant challenges. Then comes the higher education, competitive exams, job preparations, and upskilling of young people who have completed their education and are about to enter the job market or people who have already entered the job market and need upskilling. The number of quality coaching centers is also slim. Qualified teachers don’t want to go to distant places to teach. Despite that, access to quality education is hard for many students living outside the metros. Many people suggest the coaching center market in the country borders on tens and thousands of crores taka. This has led to the rise of private tutoring and coaching centers in the country. Poor teacher training and inadequate resources for teachers and schools make it difficult for educational institutions to deliver quality education. Often classroom teachings remain inadequate. There is a shortage of qualified teachers in the country. Quality education is unevenly distributed. The growing realization that everyone needs to continuously upgrade themselves to thrive in the new world of work has also helped the growth.ĭespite the tremendous progress made in the sector, education also faces some pervasive challenges. The demographic dynamic of the country, with a median age of about 26 years, has made it an even more lucrative market for emerging verticals such as life-long learning, skills development, and employability training. Bangladesh is one of the largest private spenders on education globally. While the sentiment around education remains that it should be a public good and should not be for-profit, private spending in the sector has consistently increased over the years. This has made education a big market in Bangladesh. As a result, parents are highly invested in the education of their children. There has been an incredible rise in awareness that education is important. In this article, we aim to explore the current state of edtech in Bangladesh, and the challenges and opportunities that lie ahead for this growing industry. More importantly, a new crop of new edtech companies is pushing the market with their innovative solutions. It benefits from growing internet and mobile phone penetration as shown in the table below. The government has recognized the importance of technology in education and has implemented various initiatives to support the adaptation of tech. The sector benefits from a positive policy environment. In addition to that, online learning also suffers from certain perception challenges where people view only teaching as suboptimal.ĭespite these challenges, the edtech market in Bangladesh is expected to continue to grow in the coming years. This makes it difficult for many students and teachers to use online platforms and digital resources effectively. The internet remains expensive for many people. In many parts of the country, students don’t have access to high-speed internet. Access to high-speed internet is unevenly distributed in the country. One major challenge facing the edtech market in Bangladesh is the apparent digital divide. Others are partnering with edtech platforms to produce courses and run MOOCs and so on. Some schools and universities are using learning management systems (LMS) to facilitate remote learning and to manage interactions between teachers, students, and parents. Many traditional educational institutions in Bangladesh are also adopting technology to deliver and enhance their teaching. These platforms offer a wide range of courses and educational resources online across academics, skills, competitive exams, job preparation, etc, through videos, live classes, quizzes, and other learning materials. Some of the major players in the Bangladeshi edtech market include 10 Minute School, Shikho, Interactive Cares, Ostad, EduHive, Sohopathi, etc. From virtual classrooms to online learning platforms, edtech has gained mainstream awareness and has slowly been changing the way education is delivered in Bangladesh. With a population of over 164 million people, of which a large portion is under the age of 26, and the government's focus on digitization, there has been a meaningful growth in the use of technology in education. Edtech in Bangladesh has been growing steadily in recent years.
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