One industry that has grown considerably recently is creating and selling of courses online for a profit. It is projected that by 2026, the global eLearning platform market would rise to $375 billion from less than $200 billion in 2019. So, to enter this big revenue generating platform, let’s first explore the factors that make
The pandemic was a catalyst for the online education boon. The COVID-19 cases are increasing exponentially with the 4th variant of covid as i write this blog post. Next to health sector, the education sector was the most affected due to pandemic. But schools have opted for K12 Online schools to provide non-stop classes during
In the midst of the pandemic, the education sector aggressively embraced technology. This industry could undergo a change thanks to blockchain technology. Blockchain can drastically change how professors and students cooperate and handle academic data. Blockchain’s distributed ledger technology can have a positive, major impact on the education sector in terms of openness and accountability.
When it comes to projecting its market value in the near future, several reports on EdTech development use different statistics. They typically vary from $325 billion by 2025 (Research and Markets) to $375 billion by 2026 (Global Market Insights). Since most of these reports were published before the epidemic, we should expect this number to
Globally, educational application downloads increased dramatically in the first quarter of 2020. For example, 470 million educational apps were downloaded in the App Store. Google Classroom and YouTube Kids were two of the most popular apps. The COVID-19 epidemic, which has converted the old-school teaching approach, was the primary reason for the enormous growth of