Cairneagle co-authors EdTechX 2020 Global Report on Educational and Training Technology

12th May 2020
The impact of the COVID-19 outbreak and resulting containment measures on Education and Training has been enormous. However, EdTech is offering a lifeline for learners across institutions and at work to keep going. Some highlights of the report include:

Adoption of EdTech has dramatically increased as many companies offer their platforms for free during the pandemic, resulting in a global online learning experiment like never seen before. Growth in Online Education is a long-term trend. The COVID-19 pandemic has acted as a catalyst, resulting in an immediate expansion of the paid user base and a parallel fall in customer acquisition costs.

The IMF is projecting a 4.2% global economic contraction, considerably worse than what was felt following the Global Financial Crisis in 2008. The road to recovery, post COVID-19, may have multiple periods of social restriction with a staggered return from isolation, varying in time and geographically.

In response, education has had to move online largely with video and digital tools that enhance engagement and efficacy. The science of learning is moving EdTech beyond simple digitalisation, towards digital transformation. Reconfiguration and optimisation of delivery powered by AI is the next step.

Demand from state educational institutions to address digital resources and upskilling will be restricted due to limited government funding in a recessionary environment. Consumer behaviour is likely to be a key driver impacting supply-side business models, the demand for reskilling, and supplemental teaching and training with an increased universe of users.

The next wave will see the proving out of the most effective pedagogical solutions and the accelerated use of tools that harness AI and deep learning.

Cairneagle has co-authored the EdTechX 2020 Global Report in collaboration with EdTechX and IBIS Capital.

The full report explores a holistic view of the EdTech market drivers, including COVID-19, segmented across education phases, product types, geographies and more to highlight where the opportunities and challenges lie.

To purchase the report click here.

Related news

Dedication, Hard Work, Consistency and Quality

Dedication, Hard Work, Consistency and Quality

Cairneagle approaches the close of 2019 on a high after winning the coveted EducationInvestor Award for The Best Consultants to Education institutions.
Winners of the 10th EducationInvestor Awards were recognised in a ceremony at The Royal Lancaster Hotel on Wednesday December 4th. Here are the reflections of Cairneagle’s four partners on the event and the award:

read more
A Level Results Analysis 2019

A Level Results Analysis 2019

Key points We look at A level participation as a share of entries (rather than raw numbers of entries) to get a better picture of what is or is not changing The headlines about boys and girls in science subjects are distorted by the significantly larger number of...

read more

Cairneagle Associates LLP

4th Floor
Bewlay House
2 Swallow Place
London W1B 2AE

Phone: +44 20 7036 9400
Email: info@cairneagle.com

© 2019 Cairneagle Associates LLP. All rights reserved | Disclaimer | Privacy policy