From the notebook to the cloud: How EdTech is revolutionizing learning in Latin America

Talent & Education

From the notebook to the cloud: How EdTech is revolutionizing learning in Latin America

March 15, 2023

Global

Monica Ballesteros
Monica Ballesteros

From the notebook to the cloud: How EdTech is revolutionizing learning in Latin America

March 15, 2023

Global

Monica Ballesteros
Monica Ballesteros
Monica Ballesteros

Senior manager, Policy and Insights

Monica Ballesteros is a senior manager in the Policy & Insights team at Economist Impact. Monica works with clients in the private and nonprofit sectors on research programs to help answer some of the critical economic and public policy questions facing our world. At Economist Impact she has led several bespoke engagements to promote economic, digital and financial inclusion. 
Monica has over 10 years of experience as a communications and research professional. Prior to her time at The Economist Group, Monica worked in the International Affairs Unit of Mexico’s Ministry of Finance and Public Credit, where she was part of the G20 task force. She also worked as an account manager in one of Mexico’s most prominent consulting firms, where she designed and implemented communication strategies for multinational corporations. She holds a master’s degree in international relations from the Fletcher School of Law and Diplomacy and a bachelor’s degree in political science from Wellesley College.
Read more from Monica Ballesteros

While covid-19 sparked a demand for all types of digital educational experiences, investors’ interest in ventures that support workforce upskilling is sustained as the pandemic subsides.

Educational technology (edtech), which refers to the use of apps and tech for teaching and learning, became a key tool for governments and businesses in the wake of covid-19, attracting investors’ attention.1 The pandemic catalyzed edtech adoption, as years of digitalization and technological advances were compressed, implemented rapidly over the span of a few months.2 Investments followed this same trajectory. Between 2020 and 2021 edtech ventures raised over US$35bn dollars globally, the same amount recorded in the five years before the pandemic.3 In Latin America, investments in 2021 were sixfold the funding in previous years.4 However, edtech funding in the region remains low relative to global investments over the past decade, having raised just US$1bn compared with US$68.6bn globally.5

While edtech investments are now stabilizing after such explosive growth, they are still projected to remain above their pre-covid levels, thereby demonstrating their long-term potential.6 In order to assess this potential, this article explores which investments are working, what challenges edtech can successfully solve, where there’s opportunity, and what future edtech prospects might look like. Our analysis indicates that over the short term upskilling and workforce education, which currently represent the largest share of edtech investments, are likely to continue gaining traction. These areas address the urgent skills gap that prevails in the region and help meet the increasing demands from nearshoring, but do not face the same barriers to entry that other types of edtech innovations will have to overcome.

 

LatAm’s need for edtech

Latin America has just under half a billion people demanding innovation in literacy and numeracy, as well as the acquisition of 21st-century skills and knowledge. In Argentina, 73% of companies struggle to hire staff with the right skill sets. 67% of Peruvian companies report a talent shortage and difficulty hiring, while for Mexican companies that figure stands at 65%.7 66% of Costa Rican companies and 61% Colombian companies report the same.8 A 2021 OECD study found that the lack of quality jobs is a key driver of social dissatisfaction in the region, and calls for an ambitious regional agenda to increase innovation and capacity development through education and skills acquisition to tackle this challenge.9

Another factor that will drive the need to reduce the skill gap in the region is the developing trend of nearshoring in the region. Geopolitical and supply chain considerations are influencing companies, particularly in the United States, to move their operation to locations closer to their markets, that require less energy for transportation and have better political alignment. In this context, Latin America is becoming one of the most attractive options for relocation and several countries in the region are competing for these new sources of employment and investment.10 Greater participation in global value chains results in transfer of technology and knowledge and more job opportunities, and Latin America is predicted to increase exports in the auto industry, textiles, pharmaceuticals and renewable energy, to name a few.11 However, in order to take advantage of this opportunity, there is a need for technologically advanced workers who can adequately address the demands of these higher-skill jobs. This need will drive an increased demand for greater technical expertise in these areas as well as improved language capabilities, creating an even greater urgency to close the Latin American skills gap.

This represents an unmatched growth opportunity for the sector in the region. Fifty-five per cent of Latin American adults who engage in open or distance education have found it a useful tool to improve their job performance and career prospects.12 As part of their innovative offerings, edtech companies ensure instruction is aligned with the needs of each student, allowing them to customize their learning experience and adjust the pace to accelerate their program of study or take additional time to ensure mastery.13 These offerings also reduce the cost of education by reducing reliance on manual resources, making updates to learning materials simple, and introducing automation.14

A highly competitive job market further encourages students of all ages to further develop various competencies, creating a demand for educational technology, and a demand for institutions to digitally transform.15 Edtech uptake among young adults in particular is growing at a faster pace in Latin America than in other regions in the world. In a recent survey conducted by Economist Impact, we found that 86% of Brazilian youth had participated in online education or courses to improve their professional skills compared with 78% of young people in India and 74% in the US.16

 

Value of knowledge: assessing edtech investments

In response to this growing demand, edtechs dedicated to workforce upskilling have seen the most expansion in the region. Workforce and management systems, which are considered corporate learning ventures, comprise almost half the edtech startups founded in Latin America (See Graph 1). Workforce upskilling-focused edtechs include firms such as Coderhouse, a startup that provides a platform for LatAm professionals to take live, online cohort-based courses in topics such as data, coding, design and marketing. The classes are offered in small groups led by instructors and teaching assistants, and the curriculum is designed through partnerships with top companies. The courses are offered at an accessible price point per course.17 Similarly, Bedu, a Mexican venture, provides technical courses designed to help employees build practical skills, with a focus on upskilling to boost salaries.18

 

Percentage of edtechs by type, of a sample cohort of 100 start-ups in LatAm

Workforce and management systems represent almost half the start-ups in Latin America

Source:  HolonIQ, April 2022
View info
Pie chart describing the percentage of educational technology firms (edtechs) by type, of a sample cohort of 100 start ups in LatAm. The units are in percentage. Workforce edtechs represent 25% of the cohort. Management system edtechs represent 23% of the cohort. STEAM (science, technology, engineering, arts and mathematics) focused edtechs represent 15% of the cohort. Online learning edtechs represent 11% of the cohort. Tutoring and test preparation represents 11% of edtechs in the cohort. Content edtechs represent 7% of the edtech types. Testing represents 4% of the edtechs by type. Language learning captures 4% of the edtech types. Advanced technology focused edtechs represent 4% of the edtechs in the cohort.

 

A study looking at a sample cohort of edtech ventures in the region also found that workforce-focused edtechs attract the majority of start-up funding, indicating an increasing focus on ventures oriented to learners in the workforce.19 Investments in workforce and upskilling-focused edtechs further increased as the pandemic compelled companies to rapidly scale. In 2021 alone LatAm raised 46% of the total investment amount the region had captured over the previous decade. It experienced an influx of venture capital (VC) investment totaling sixfold the amount that it received in 2020, equal to US$1bn.20 (see Graph 2)

 

Funding for Latin American Edtechs exploded in 2021

VC funding for LatAm Edtech ventures 2011-21 21

Source: Inter-American Development Bank, December 2021
View info
Bar chart showing venture capital funding funding for Latin American educational technology companies from 2011 to 2021. The units are in millions of US dollars. In 2011, venture capital funding was equivalent to $12 million USD. In 2012, venture capital funding was equivalent to $56 million USD. In 2013, venture capital funding was equivalent to $35 million USD. In 2014, venture capital funding was equivalent to $26 million USD. In 2015, venture capital funding was equivalent to $127 million USD. In 2016, venture capital funding was equivalent to $35 capital USD. In 2017, venture capital funding was equivalent to $75 million USD. In 2018, venture capital funding was equivalent to $44 million USD. In 2019, venture capital funding was equivalent to $73 million USD. In 2020, venture capital funding was equivalent to $83 million USD. In 2021, venture capital funding was equivalent to $496 million USD. The total value of venture capital funding in edtechs was $1,073 USD million from 2011 - 2021.

 

Comparing against global markets, in both Europe and Latin America workforce solutions are the most relevant edtech sectors receiving sizable investments. A breakdown of VC investments in Europe shows that corporate learning takes the biggest share (35%). Although Latin America lags in terms of funding value, its investments have a similar distribution.22 Over half (55%) of private funding in LatAm edtechs in the past five years has gone into the workforce sector.23

Even though Latin America’s edtech investments are behind those of global markets, its future revenue is set to grow. Latin America is the fourth-largest edtech market in the world—behind North America, Western Europe and Asia in terms of revenue—and its e-learning market is expected to generate revenue of over US$3bn by 2023.24 Globally, the edtech market is growing at a rate of 16.3% and is set to reach US$404bn in total global expenditure, suggesting an overall trend toward growth.25

A decade of development in edtech in the LatAm region has helped the sector expand dramatically in the past 12 months. The Latin American edtech ecosystem has grown to encompass more than 1,500 companies.26 Brazil represents over 50% of all edtech VC funding in this period. Mexico follows at 19%, then Peru, Argentina, Colombia and Chile each capture 6-8% of funding.27 (See Graph 3)

 

Distribution of edtech startups across countries in LatAm

Source: Inter- American Development Bank, December 2021
View info
Image of a map of Latin America and the Caribbean describing the distribution of edtech startups on a country by country basis, assessing number of start ups, the relative regional percentage of start ups, the funding value of start ups and the relative regional percentage of funding value. Mexico has 152 start ups, equivalent to 11% of all startups in the region. Mexico edtechs have a funding value of $80 million USD, equivalent to 7% regionally. The Caribbean has 20 start ups, equivalent to 1% of all startups in the region. Caribbean edtechs have a funding value of $2 million USD, equivalent to 1% regionally. Colombia has 96 start ups, equivalent to 7% of all startups in the region. Colombian edtechs have a funding value of $23 million USD, equivalent to 4% regionally. Brazil has 886 start ups, equivalent to 62% of all startups in the region. Brazilian edtechs have a funding value of $474 million USD, equivalent to 60% regionally. Uruguay has 11 start ups, equivalent to 1% of all startups in the region. Uruguyan edtechs have a funding value of $2 million USD, equivalent to 1% regionally. Argentina has 108 start ups, equivalent to 8% of all startups in the region. Argentinian edtechs have a funding value of $121 million USD, equivalent to 11% regionally. Chile has 114 edtech startups, equivalent to 8% of all startups in the region. Chilean edtechs have a funding value of $32 million USD, equivalent to 3% regionally. Peru has 44 edtech startups, equivalent to 3% of all startups in the region. Peruvian edtechs have a funding value of $142 million USD, equivalent to 13% regionally. Guatemala has 6 edtech startups, equivalent to 1% of all startups in the region. Guatemalan edtechs have a funding value of $2 million USD, equivalent to 1% regionally. Mexico has 152 edtech startups, equivalent to 11% of all startups in the region. Mexican edtechs have a funding value of $80 million USD, equivalent to 7% regionally.

 

However, as we pointed out in our recent research on tech start-ups, there are only 15 start-ups in Latin America that are valued at more than US$1m, making up only 0.5% of the region’s start-up investment.28 Not all opportunities in edtech will have the capacity to scale internationally, but opportunities that address regional educational needs will capture a significant share of the market, and present meaningful opportunities to capitalize on the overall growth potential. 

 

Grading LatAm market readiness

To understand the potential of edtech ventures, investors should consider the opportunities that will fulfill the most prescient need in the region. While covid-19 sparked a demand for all types of digital educational experiences, investors’ interest in ventures that support workforce upskilling is sustained as the pandemic subsides. An analysis of the population, education levels, skill gaps and current use of education tools online suggests that there is a large untapped market for workforce development solutions that will generate an enduring demand for these applications in the near future (see Table 1).

A sampling of Latin American countries reflects a sizable working population and growing employment rates. Twenty-four percent of jobs will face a high risk of automation, and an additional 35% of jobs in Latin America are likely to experience significant changes in the tasks that workers carry out daily, so a significant portion of the working population could feasibly benefit from some form of upskilling or reskilling.29 Middling availability of skilled labor in countries like Brazil and Ecuador and a lack of quality labor in countries like Peru further indicate the need for skill building across industries. On the positive side, high literacy levels across the region and overall comfort using the internet for education purposes suggest that Latin Americans have the capacity to adopt edtech innovations into their routines. For example, 42% of the population in Mexico and 34% in Colombia have taken an online course. These data point to an environment that is opportune for workforce edtechs in the short term. The need to bridge the regional skill gap, coupled with the initial uptake and spending on online education ventures in the past few years demonstrates the market potential for edtech solutions.

 

Table 1: Assessing workforce upskilling market readiness across LatAm countries (comparing 2021 data or most recent yearly data on employment, population, skill gaps and usage)

Sources: Economist Intelligence Unit and International Telecommunications Union Data30, 2022

 

The heavy reliance edtechs have on technology is a limiting factor, but is more immediately pressing in the case of K-12 edtechs, the second-most prevalent edtech venture type. Institutional hurdles to adoption and reliance on household access to technology make these ventures more challenging compared with upskilling projects. Budgets, bureaucracy and the need for collaboration across numerous stakeholders (including educational institutions, companies, government, regulatory bodies, parents and students) pose implementation and institutional challenges in the K-12 space, and many institutions are not yet mature enough to successfully incorporate remote and digital content.31 Digital readiness poses additional hurdles. Though 74% of Latin Americans use the internet, indicating high internet penetration, questions about affordability, connectivity and readiness persist32 (see Graph 4). According to the latest edition of Economist Impact’s Inclusive Internet Index, the region’s internet is highly relevant and affordable, but there are persistent gaps in availability and digital readiness. For example, more than six out of ten households with their per-head income in the lower quintile of income distribution do not have access to the fixed high‑speed broadband internet connection needed to support remote working and studying.33 To this end, comparatively, workforce upskilling remains the more viable edtech venture type in the short term.

 

Internet penetration across LatAm countries, considering connectivity, availability, affordability, relevance and readiness

LatAm has a high degree of relevance and affordability, but experiences overall gaps in availability and readiness.

Source: The Economist Impact Inclusive Internet Index. Información a 2022. Each category ranked on a scale of 100, for a maximum total score of 400 across all 4 indicators
View info
Bar graph highlighting internet connectivity across Latin American countries, considering connectivity, availability, affordability, relevance and readiness. Each of the four categories (connectivity, availability, affordability, relevance and readiness) are ranked on a scale of 100, for a maximum score of 400 across all four indicators. Chile scores 76.4 in availability, 86.4 in affordability, 79.4 in readiness and 80.7 in relevance. Trinidad & Tobago score 72.9 in availability, 79.6 in affordability, 63 in readiness and 42.2 in relevance. Brazil scores 72.1 in availability, 86 in affordability, 67.8 in readiness and 92.6 in relevance. Brazil scores 72.1 in availability, 66 in affordability, 67.8 in readiness and 92.6 in relevance. Argentina scores 71.5 in availability, 82.2 in affordability, 72.8 in readiness and 84.6 in relevance. Colombia scores 66.7 in availability, 82.4 in affordability, 66.7 in readiness and 82 in relevance. Mexico scores 66.7 in availability, 84.7 in affordability, 80 in readiness, and 87.4 in relevance. Peru scores 66.7 in availability, 81.9 in affordability, 77.9 in readiness, 85.6 in relevance. Panama scores 65.4 in availability, 81.7 in affordability, 66.4 in readiness, 68.1 in relevance. Jamaica scores 65.3 in availability, 75.1 in affordability, 58.9 in readiness, and 51.8 in relevance. Paraguay scores 64 in availability, 79.9 in affordability, 57.2 in readiness and 76.5 in relevance. The Dominican Republic scores 63.8 in availability, 78.4 in affordability, 68.4 in readiness and 74.3 in relevance. El Salvador scores 59.7 in availability, 79.3 in affordability, 45 in readiness and 53 in relevance. Venezuela scores 56.2 in availability, 71 in affordability, 39.4 in readiness and 77.3 in relevance. Guatemala scores 54 in availability, 74.8 in affordability, 41.5 in readiness and 78.2 in relevance. Honduras scores 51.7 in availability 70.4 in affordability, 50.8 in readiness, 63.7 in relevance. Cuba scores 49.7 in availability, 63.9 in affordability, 53.7 in readiness, and 58.3 in relevance. Comparatively, the highest global scores were 89.9 in availability, 89.6 in affordability, 81.6 in readiness and 92.6 in relevance. The LatAm average is 63.9 in availability, 78.6 in affordability, 61.8 in readiness and 72.3 in relevance.

 

Conclusion

Corporate market and upskilling has been the primary destination for investment in Latin America and remains a favorable opportunity, particularly in the short term. Immediate demand for skilled labor and increasing competition propel the market, creating current and ongoing opportunities. Workforce education globally is projected to have a growth rate of 3.9%, and investments are projected to increase from US$396bn in 2019 to US$498bn in 2025.34 Since Latin America typically mirrors global edtech trends, albeit at a smaller scale, the sector's prospects in this region look optimistic for the future.

 

1 Matthew Lynch, The Tech Edvocate, “A 2022 Definition of Edtech”, July 31st 2020, https://www.thetechedvocate.org/a-2021-definition-of-edtech/
2 Bonny Renner, LABS, “Edtechs are poised for ascension”, September 23rd 2021, https://labsnews.com/en/articles/business/edtech-giants-are-poised-for-ascension/
3 Rhys Spence, TechCrunch, “European, North American edtech startups see funding triple in 2021”, January 27th 2022, https://techcrunch.com/2022/01/27/european-north-american-edtech-startups-see-funding-triple-in-2021/
4 Holon IQ, “Education Technology in Latin America and the Caribbean”, 2022, https://www.holoniq.com/notes/education-technology-in-latin-america-and-the-caribbean
5 Holon IQ, “Global EdTech Funding 2022 - Half Year Update”, 2022, https://www.holoniq.com/notes/global-edtech-funding-2022-half-year-update ; Holon IQ, “Education Technology in Latin America and the Caribbean”, 2022, https://www.holoniq.com/notes/education-technology-in-latin-america-and-the-caribbean
6 Holon IQ, “Global EdTech Funding 2022 - Half Year Update”, 2022, https://www.holoniq.com/notes/global-edtech-funding-2022-half-year-update
7 ManpowerGroup, “THE 2022 GLOBAL TALENT SHORTAGE”, https://go.manpowergroup.com/hubfs/Talent%20Shortage%202022/MPG-Talent-Shortage-Infographic-2022.pdf; the World Economic Forum, “In Latin America, companies still can’t find the skilled workers they need”, March 30th 2017, https://www.weforum.org/agenda/2017/03/in-latin-america-companies-still-can-t-find-the-skilled-workers-they-need/
8 ManpowerGroup, “THE 2022 GLOBAL TALENT SHORTAGE”, https://go.manpowergroup.com/hubfs/Talent%20Shortage%202022/MPG-Talent-Shortage-Infographic-2022.pdf; the World Economic Forum, “In Latin America, companies still can’t find the skilled workers they need”, March 30th 2017, https://www.weforum.org/agenda/2017/03/in-latin-america-companies-still-can-t-find-the-skilled-workers-they-need/
9 OECD, “Latin American Economic Outlook 2021”, https://www.oecd-ilibrary.org/docserver/5fedabe5-en.pdf?expires=1663178488&id=id&accname=guest&checksum=4C984F1027BB07A153CC171DAB962D3C
10 Wilson Center, “Nearshoring in the Americas,” October 18, 2022, https://www.wilsoncenter.org/audio/nearshoring-americas
11 Inter-American Development Bank. “Nearshoring can add annual $78 bln in exports from Latin America and Caribbean,” June 07, 2022, https://www.iadb.org/en/news/nearshoring-can-add-annual-78-bln-exports-latin-america-and-caribbean
12 OECD, “Making the Most of Technology for Learning and Training in Latin America”, https://www.oecd-ilibrary.org/sites/14bb093f-en/index.html?itemId=/content/component/14bb093f-en
13 Anne Olsen, Brookings, “Personalized learning: The importance of teachers in a technology-driven world”, September 27th 2017, https://www.brookings.edu/blog/brown-center-chalkboard/2017/09/27/personalized-learning-the-importance-of-teachers-in-a-technology-driven-world/
14 Sara Munoz, D2L, “How Can Technology Help Cut Costs in Education?”, May 29th 2017, https://www.d2l.com/en-eu/blog/can-technology-help-cut-costs-education/
15 Inter-American Development Bank and Holon IQ, "Education Technology in Latin America and the Caribbean”, December 2021, https://publications.iadb.org/publications/english/document/Education-Technology-in-Latin-America-and-the-Caribbean.pdf; Institute for the Future of Education, “Advances and Challenges of EdTech in Latin America and the Caribbean”, https://observatory.tec.mx/edu-news/edtech-in-latin-america#:~:text=Last%20year%2C%20educational%20technology%20boomed,experiences%2C%20and%20improved%20student%20outcomes
16 Economist Impact, “Entrepreneurial Dreams”, https://impact.economist.com/projects/young-voices/
17 Natasha Mascarenhas, TechCrunch, “As edtech evolves, LatAm reskilling platforms raise millions to bring outcomes into the mix”, August 5th 2021, https://techcrunch.com/2021/08/05/as-edtech-evolves-latam-reskilling-platforms-raise-millions-to-bring-outcomes-into-the-mix/
18 Crunchbase: Bedu, https://www.crunchbase.com/organization/bedu; Lavca Venture Investors, “EDTECH STARTUPS IN LATIN AMERICA
2021 SURVEY RESULTS”, https://lavca.org/2021-startup-survey-edtech/
19 Holon IQ, “2021 LATAM EdTech 100”, September 21st 2021, https://www.holoniq.com/notes/2021-latam-edtech-100
20 Institute for the Future of Education, “Advances and Challenges of EdTech in Latin America and the Caribbean”, https://observatory.tec.mx/edu-news/edtech-in-latin-america#:~:text=Last%20year%2C%20educational%20technology%20boomed,experiences%2C%20and%20improved%20student%20outcomes
21 Inter-American Development Bank and Holon IQ, "Education Technology in Latin America and the Caribbean”, December 2021, https://publications.iadb.org/publications/english/document/Education-Technology-in-Latin-America-and-the-Caribbean.pdf
22 Juan Manuel Pico, K12 Digest, “EdTech in Latin America: An “Education Renaissance” Tale”, March 31st 2022, https://www.k12digest.com/edtech-in-latin-america-an-education-renaissance-tale/
23 https://publications.iadb.org/publications/english/document/Education-Technology-in-Latin-America-and-the-Caribbean.pdf
24 Inter-American Development Bank and Holon IQ, "Education Technology in Latin America and the Caribbean”, December 2021, https://publications.iadb.org/publications/english/document/Education-Technology-in-Latin-America-and-the-Caribbean.pdf
25 Holon IQ, “Sizing the Global EdTech Market. Mode vs Model”, February 23rd 2021, https://www.holoniq.com/notes/sizing-the-global-edtech-market; Cision, “Latin America E-Learning Market Expected To Generate Revenues Over $3 Billion By 2023”, February 9th 2022, https://www.prnewswire.com/news-releases/latin-america-e-learning-market-expected-to-generate-revenues-over-3-billion-by-2023-301478296.html
26 Inter-American Development Bank and Holon IQ, "Education Technology in Latin America and the Caribbean”, December 2021, https://publications.iadb.org/publications/english/document/Education-Technology-in-Latin-America-and-the-Caribbean.pdf
27 Ibid
28 J.P. Morgan, “Beyond the unicorns: Smaller companies also hold great promise In Latin America”, October 14th 2021,  https://privatebank.jpmorgan.com/gl/en/insights/planning/beyond-the-unicorns-smaller-companies-also-hold-great-promise-in-latin-america&sa=D&source=docs&ust=1661444590657639&usg=AOvVaw3HENMtS0rq0Wwtr3ygQ43K
29 OECD, “Effective Adult Learning Policies : Challenges and Solutions for Latin American Countries”, https://www.oecd-ilibrary.org/sites/0dd92af0-en/index.html?itemId=/content/component/0dd92af0-en
30 ITU, “About International Telecommunication Union (ITU)”, https://www.itu.int/en/about/Pages/default.aspx
31 Institute for the Future of Education, “Advances and Challenges of EdTech in Latin America and the Caribbean”,  https://observatory.tec.mx/edu-news/edtech-in-latin-america#:~:text=Last%20year%2C%20educational%20technology%20boomed,experiences%2C%20and%20improved%20student%20outcomes
32 The World Bank, “Individuals using the Internet (% of population) - Latin America & Caribbean”, https://data.worldbank.org/indicator/IT.NET.USER.ZS?locations=ZJ ; Economist Impact, “The Inclusive Internet Index”, https://impact.economist.com/projects/inclusive-internet-index/ ; https://www.itu.int/en/ITU-D/Statistics/Pages/stat/default.aspx
33 OECD, “Latin American Economic Outlook 2021”,  https://www.oecd-ilibrary.org/docserver/5fedabe5-en.pdf?expires=1663178488&id=id&accname=guest&checksum=4C984F1027BB07A153CC171DAB962D3C
34 Holon IQ, “Sizing the Global EdTech Market. Mode vs Model”, February 23rd 2021, https://www.holoniq.com/notes/sizing-the-global-edtech-market

18221

Related content

Talent & Education

Fostering exploration and excellence in 21st century schools
The need for education systems to evolve along with the demands of the global economy is certain. But the question of how to implement this change at the classroom level is less clear. The Economist Intelligence Unit (EIU) embarked on a research programme, sponsored by Google for Education, that explores the strategies that are most effective for developing 21st century skills and how technology can support such efforts.   In this report, Fostering exploration and excellence in 21st century schools, we discuss the findings of our research, which includes a global survey of 1,200 teachers and administrators from 16 countries around the world. The research programme builds upon the EIU’s 2015 study, Driving the skills agenda: Preparing students for the future, which assessed shifts in skills needs.
Read more

Talent & Education

The giving chain: How philanthropy is driving progress in Asian education

Education is widely seen as the main driver of long-term social impact in Asia, and educational philanthropists are increasingly targeting innovative projects that help marginalised and deprived communities.

How to contribute wisely to education in Asia? Read the report >>

Read more

Talent & Education

Sparking economic progress through education

Through Q&As with luminaries in a number of sectors across the world, interviews aim to surface insights for policy makers, business leaders and other stakeholders as they consider actions to improve the quality of, and access to, education, to fortify their country’s economic, social and geopolitical fabric.

The series is supported by The International Commission on Financing Global Education Opportunity, which just presented a report urging governments to expand access to education to the UN Secretary-General, Mr Ban Ki-moon, and the Commission Co-Convenors during the UN General Assembly in New York.

The report, entitled "The Learning Generation: Investing in Education for a Changing World,” underscores the importance of quality education to address the social, economic, and security challenges of our time. For more on the report please go to educationcommission.org 

 

 

Read more

Enjoy in-depth insights and expert analysis - subscribe to our Perspectives newsletter, delivered every week

Copyright © The Economist Newspaper Limited 2024. All rights reserved.