Big Data & Analytics, Virtual and Augmented Reality, Artificial Intelligence and Cloud are driving universities to innovate, finds Frost & Sullivan

Competition amongst universities is set to increase with institutions closely differentiating themselves to attract and retain the best quality students, academics and staff. Key to this differentiation will be an extensive technology adoption and innovation strategy, enhancing the student experience, delivery of learning content, community engagement and campus management. The education technology (Edutech) market in Australia is expected to grow significantly amidst increasing student demand for education services and technology innovation, competition amongst institutions and decreasing acquisition costs. Frost & Sullivan anticipates that as the learning experience becomes increasingly digitised, technologies and solutions incorporating big data and analytics, collaboration, Augmented / Virtual Reality technology, Artificial Intelligence and learning management systems will play a key role within universities in the coming years. Frost & Sullivan's most recent analysis, Australian Edutech Market: Key Trends, Technologies and Opportunities 2016-2022 finds that the Australian Edutech Market is expected to grow to AUD 1.7 Billion by 2022.