Educational technology (EdTech) is the major trend of the decade

Photo by: Andrea Piacquadio

EdTech is a huge market and it’s only going to grow

  • There are more and more students. There will be 500 million more school and university graduates in the world by 2025. This growth, by the way, will be stimulated mainly by developing countries. This is reflected in the behavior of investors: over the past couple of years, we have seen large investment rounds of Asian BYJU’S, VIPKid and TAL Education, which have raised a total of more than $ 500 million.
  • The demands of a new generation of students will accelerate the development of EdTech. Young people today want to learn throughout their lives (following the concept of lifelong learning), and do it in much the same way as with all other information — on the go, fragmented, interactive and engaging. It is almost impossible to meet all these demands without the help of technology.
  • There will not be enough offline resources for all students. You can already sense that the traditional system is unable to meet the growing demand for education.
  • Besides, quality traditional education has become very expensive, which has even triggered the US student loan crisis. And the dynamics don’t look good. The situation has already given rise to the so-called “Second child, second college” problem. Many families spend most of their savings on educating their older child, and there is no longer enough money for teaching the second one. Therefore, they prefer to have only one child.
  • Advances in technology will make education more comprehensible. In the current decade, obviously, augmented and virtual reality, as well as the development of artificial intelligence, will expand the boundaries for students. Investor interest in companies like Labster and Interplay Learning highlights the potential of VR in education. Building on the popularity of Pokemon Go, its creator Niantic Labs in 2019 raised $ 245 million for developing augmented reality education apps.
  • Pandemics, particularly coronavirus, have catalyzed the transition of people to an online format, and education is no exception. Thus, more than 10 million new users came to Coursera from mid-March to mid-May, which is 7 times more than the registration rate in 2019.

Leaders feel confident, many new strong players appear

What are the opportunities?





I’m a Gen Z ex-VC building a social media startup and sharing our path

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Effects of Lack of Sleep in College Students

A sleepy student sleeps in class while other students are studying.

6 Fine Arts Universities In The US You Should Be Aware Of


From education to employment

The project Connect My School has improved teaching and learning in GBPS Bertoua.

Goodbye classroom, hello bedroom

The Importance of Controversial Conversations in the Classroom

Yay college

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Yury's Points

Yury's Points

I’m a Gen Z ex-VC building a social media startup and sharing our path

More from Medium

My Thousand Startups

How to get good business ideas

idea bulb

Startup Yourself: a new program by Conn Bertish

How I Increased My Productivity by 7.8X Using This Simple Hack