OPM (online program management), boot camps, and international learning channels and pathways have become increasingly popular among universities. These options provide lifelong learners with easy access to the educational curriculum from any location. EdTech remains popular into 2021, as more learners turn to remote solutions for training and development opportunities amid pandemic concerns. According to Global Market Insights, experts expect the eLearning market to hit $1 trillion by 2027.
Specifically, there is a rise in demand for OPM collaborations, where universities work with tech experts to offer their courses online. Global OPMs have accounted for $3,916.3 million in 2019 and are expected to grow at a CAGR of 15.4% to reach $11,986.4 million by 2027. The spike in OPMs arose from institutes making quick transitions to online teaching alternatives during the initial stages of the pandemic.
Understanding OPMs
Essentially, OPMs provide universities and other teaching institutes with the infrastructure to offer their academic programs online. Educators may choose to package their courses in bundles or free-for-service, where learners may select specific standalone courses. On top of online course provisions, OPMs support universities in student enrollment and engage in some of the course development processes.
OPMs help universities and other traditional teaching institutions leverage educational technology and instructional design bandwidth to scale their courses according to the rising demands in online classes. The primary goal of an OPM partnership is to offer a seamless learning experience that provides the same immersion as physical classrooms, keeping students engaged and primed for success.
While the economy has eased from the pandemic, OPM solutions remain significantly beneficial for working adults who may lack the time and opportunity to attend on-site lessons.
Understanding Online Bootcamps
Modern learners in digital technology have the opportunity to accelerate their education with a diverse range of online boot camps that may offer a boost to their careers. Online boot camps offer information-intensive courses on coding, digital security, and web design to help learners keep up with the latest demands in the rapidly developing IT industry.
Boot camp partnerships with universities or companies, offer new opportunities to cover technical aspects and domains of businesses, providing learners with a specialized curriculum that promotes lifelong learning.
An average IT boot camp might take 12 to 40 weeks for completion, which gives learners hands-on experiences that they can quickly adapt and apply to their professional roles. As IT skills such as coding remain highly relevant in the modern landscape, educators expect continuous growth in the boot camp market. Communities will continue to rely on a steady stream of qualified IT experts to maintain online systems and services throughout economic downturns and disruptions.
Embracing Mobile Education into 2021
2020 saw more than 300 new public-private partnerships (PPPs), and Q1 2021 displays a continuous trend, with over 109 partnerships in the OPM, boot camp, and international pathway spheres. OPM models, which gained traction in America, have become increasingly popular learning catalysts across other parts of the globe.
According to research by Holon IQ, international universities have established online partnerships faster than their U.S. counterparts. Based on market predictions, the international CAGR of OPMs might achieve four times its level of growth with diversified course offerings from smaller educational institutes. Online learners may look forward to accruing micro-credentials aside from graduate degrees, such as boot camp certifications that can help drive career progression.
The learning disruption caused by the pandemic has forced educators to rethink the broad impact and advantages of EdTech. With OPM-supported courses and similar online learning pathways, learners may finally have the opportunity to embrace quality classes regardless of the immediate situation.
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