10 Crucial Features For Your Next Education Technology Development

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10 Crucial Features For Your Next Education Technology Development

During the Covid-19 pandemic, education has come out of the cemented boundaries. The pandemic made us learn that education isn’t only limited to the study hall; actually, it can be accessed from anywhere, anytime. Due to internet availability and massive demand for remote education, education technology development is on the rise. Education technology (EdTech) has changed the way the world thinks about conventional methods of education. Education technology mobile apps have gained massive popularity during the pandemic. During the first thirty days of the Covid-19 outbreak, Coursera, an open online course provider, recorded 10.3 million new enrollments, a 644% percent hike compared to the same period the previous year. The global EdTech investment grew by 15% in 2020. A recent report by London & Partners and Dealroom revealed that London attracts most of the EdTech investment in Europe with $630 million invested in London-based EdTech companies. Based on data provided by Crunchbase, the worldwide investment in EdTech companies reached $4.1 billion between January and July 2020. This is a $1.5 billion hike as compared to the same period in 2019. While the number of deals has gone down, the deal sizes are getting bigger. In 2018 the $4 billion that the EdTech startups raised was across 427 deals (the highest in the five years) whilst in 2020 the total number of deals stood at 279 for $4.1 billion investment.


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