In 2020, the EdTech market grew by 30-35%, and this growth is continuing
The volume of the global EdTech market in 2020 was $227 billion, while the Russian market is about 30 billion rubles.
The volume of the global EdTech market in 2020 was $227 billion, while the Russian market is about 30 billion rubles.
This record growth is because many schools, colleges, and universities have been forced to switch to online learning due to the coronavirus. However, experts believe the EdTech market's growth won't stop at the end of the pandemic.
They predict that by 2022, the global EdTech market volume will reach $295 billion, and by 2025, it will already have reached $404 billion. In this case, the Russian segment of the market will also grow by 20-25%.
The EdTech market continues to grow, and there's a high probability that it will even accelerate in the future. However, currently, it is slowed down by the following negative factors:
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