Edtech uses innovative approaches to create better learning outcomes. The industry is growing at a huge pace, shaped by the pandemic and a changing work landscape. So, if you’re eager to hop aboard the edtech train, here’s our guide on how to start an edtech company in 2021.
Edtech exploded when the pandemic forced students all over the world to leave the comfort of classrooms. What followed was an unprecedented surge in funding and innovation. But to succeed on the market, you need to be aware of all the pitfalls waiting for edtech startups.
A Learning Management System, known as LMS, serves as an interactive platform that handles all aspects of the learning process from creating to tracking eLearning content. It has strong potential, as LMS is used all around the globe, in various industries, and for different learning purposes.
2020 was an amazing year for edtech. The pandemic fueled the industry and sparked a ton of innovative ideas. But having a good product is just a part of success. Your edtech startup business model should actually be sustainable.
Education is one of the most traditional industries and it is changing before our very eyes. 2020 was a year when people started exploring new ways of learning, and for businesses – new opportunities to cover growing education needs. All this results in further changes for 2021 and beyond.
The education sector is quite conservative and has been slow in adopting new technologies. However, things are starting to change. The global Edtech landscape today is developing by leaps and bounds and requires businesses to adapt on-the-fly.
According to Forbes, the global online learning market is expected to reach $325 billion by 2025. With all of the uncertainty around the COVID-19 pandemic, the growth of e-learning might actually be much higher.