Akshay Munjal, founder & CEO of Hero Vired, claims that in 2022, the Indian edtech industry saw a course correction as a result of the “artificial growth” during the pandemic. In 2023, he predicted, “new-age technologies like metaverse and augmented reality will alter the sector.”
Data scientists, machine learning professionals, blockchain experts, and AI engineers now have a wide range of job options thanks to emerging technologies like artificial intelligence, machine learning, robotics, and blockchain.
As businesses look to develop interesting learning experiences for their employees and inspire learners to prepare them for the workplace, Munjal continued, gamification has emerged as a significant e-learning method.
“Edtech is here to stay, despite the ‘financial winter’ the industry is currently experiencing, thanks to the participants’ tenacity and agility in navigating the challenging environment. By the end of 2026, gaming, e-sports, and metaverse are projected to reach a massive $758 billion in revenue, growing at an amazing CAGR of 37.1%, he said.
“Edtech is here to stay, despite the ‘financial winter’ the industry is currently experiencing, thanks to the participants’ tenacity and agility in navigating the challenging environment. By the end of 2026, gaming, e-sports, and metaverse are projected to reach a massive $758 billion in revenue, growing at an amazing CAGR of 37.1%, he said.
