The pandemic accelerated the already booming education technology industry as edtech companies look to offer solutions to a lot of the issues that have troubled economies globally for the past decade — skills gaps, inequality, and unemployment. In fact, it’s expected that the industry is headed for 8x to 10x growth in the next five years.

So, what’s behind this boom? Keep reading to find out.

What Is Edtech?

Education technology, or edtech, is the practice of bringing IT tools into the classroom to create a learning experience that is inclusive, engaging, and individualized.

What’s Causing Edtech to Boom?

Now let’s take a look at some factors causing…


With technology evolving faster every year, it’s clear that adults need to embrace lifelong learning just to be able to keep up with progress. But that’s not the only incentive to welcome continuous education throughout life. Adults who have gone beyond the college years may find that they need to keep learning new skills, not just because they enjoy the challenge, but because the world is changing so rapidly right now — and it shows no signs of slowing down anytime soon.

Post-Pandemic Education

Classroom education at all levels, from kindergarten to adult learning, took a hit when the pandemic struck. Kids…


According to the OECD Skills Outlook 2021: Learning for Life report, countries must step up their efforts to enable lifelong learning for their citizens. Lifelong learning is necessary to equip people to navigate the rapidly changing workforce that’s shaped by globalization and the lasting effects of the COVID-19 pandemic.

What Is Lifelong Learning?

Lifelong learning is a vital ingredient in the recipe for long-term career success. Lifelong learning starts during childhood and continues throughout adulthood. …


The prospect of investing in a business that caters to each individual student’s needs instead of putting money into an expensive, time-consuming and, dare we say, antiquated institution is becoming increasingly attractive to investors.

The Covid-19 pandemic helped to cement the future of educational technology (edtech), as institutions rushed to find virtual ways to offer their curriculum. In fact, data shows that edtech startups worldwide raised $10.76 billion in 2020 compared to $4.7 billion the year before. In the U.S., edtech startups raised $1.78 billion in venture capital in 2020 across 265 deals, up from $1.32 billion in 2019.

The…


Klaus Schwab’s theory of stakeholder capitalism holds lifelong learning as part of its overall vision. But what does this mean practically?

What Is Stakeholder Capitalism?

Founder of the World Economic Forum and global economist Klaus Schwab first developed his theory of Stakeholder Capitalism in 1971, but it has been gaining traction since the economic downturn of 2008. Schwab further detailed his theory in his book, Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet.

Stakeholder capitalism is a type of capitalism where companies seek not only to gain short-term profits for their shareholders but also look to create long-term value for…


The quickest road to workplace learning success has always been the most beaten one. Or so you’ve been told. Attend a training program, read a book, sit an exam, get a certification. There have been few alternative routes. Until now.

Global educational challenges have given rise to EdTech, and it’s changed how workers learn lifelong skills. Employees attend training programs from home, as well as in the workplace. They access learning materials on smartphones and TV, as well as from books. They take exams on laptops and tablets. They get certifications online.

COVID-19 has exacerbated the need for good EdTech…


The global EdTech market will grow two-and-a-half-fold from 2019 to 2025 and generate almost a half-trillion dollars in total global expenditure, making it one of the most lucrative sectors in the world. You might assume that either the COVID-19 pandemic, which has forced people to study from home, or the rise in online college degrees is responsible for this exponential growth, but there’s another reason for the EdTech boom. As more CEOs realize the importance of lifelong learning for their employees, organizations will blend training programs with digital tools to facilitate skills development outcomes.

EdTech is Growing at 16.3%

Global EdTech expenditure will reach $404…


During the global pandemic, the world had to adapt fast. Perhaps one of the areas that saw the most significant change was education. From pre-K to lifelong learning and everything in between, no area of education was untouched. Even though life is seemingly going back to normal in a post-pandemic world, the changes we saw take place in education are here to stay. Keep reading to learn about the top seven EdTech trends for 2021 you should know about.

#1. Lifelong Learning Is the New Normal

Lifelong learning refers to any learning activity done after formal, traditional education. …


Several things have impacted the Global Labour Market, from the COVID-19 pandemic to shortages of essential workers. Employers must be familiar with the trends affecting workers so they can adapt to recruit and attract the finest talent to their businesses, often in a competitive environment. Here’s why the trends facing the global labour market matter.

Talent Gaps in Highly Skilled Jobs

The Hays Global Skills Index reviews the trends impacting the labour market globally. One of the main findings of the Eighth report is that the gap in talent and skilled labour in the workforce is increasing, leading to shortages of qualified workers. Simultaneously, wages for…


Education and learning do not end upon graduation, nor are they limited to the walls of a classroom or conference hall. Since most adults will take the employment route for the remainder of their lives, it is imperative to note the importance of keeping your skill set sharp, relevant, and in-demand — not just in your workplace, but in the general job market.

Lifelong learning in a nutshell

Lifelong learning is the consistent pursuit of knowledge over the course of your life in formal and informal educational settings. In the same way that children and adolescents have developmental needs, adults also need to upgrade their…

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