Source: World Economic Forum
• COVID-19 has resulted in schools being shut all across the world. Globally, over 1.2 billion children are out of the classroom.
• As a result, education has changed dramatically, with the distinctive rise of e-learning, whereby teaching is undertaken remotely and on digital platforms.
• Research suggests that online learning has been shown to increase retention of information, and take less time, meaning the changes coronavirus have caused might be here to stay.
Unicosmos is a great example of a school that has thrown back the challenges of student development through its online learning program. Parent satisfaction is through the roof.
While countries are at different points in their COVID-19 contagion rates, worldwide there are currently more than 1.2 billion children in 186 countries affected by school conclusions due to the pandemic.
With this sudden shift away from the classroom in many parts of the globe, some are wondering whether the acceptance of online learning will continue to persist post-pandemic, and how such a shift would impact the worldwide education market.
Even before COVID-19, there was already high growth and adoption in education technology, with global edtech investments reaching US$18.66 billion in 2019 and the overall market for online education predictable to reach $350 Billion by 2025. Whether it is language apps, virtual tutoring, video conferencing tools, or online learning software, there has been a significant surge in usage since COVID-19.