More people are googling “edtech”, as evidenced by an increase in the frequency of its search between 2021 and 2022 according to Google Trends.
Motivated by personal AND professional growth
EdTech industry $605B by 2027
Essential tools for today's education
Global Newswire reports that the EdTech sector will reach over $605 billion by 2027; a remarkable 58% increase over a six year period. An economic recession, increased living costs, and inflation are just some of the contributing factors that call for the demand in work-based training, as they impact people’s personal and professional lives. Technology is quickly becoming an essential tool for education, with 83% of middle and high school students using Google tools weekly and 22 of the top 25 colleges in the country offering free, online courses. Technology facilitates the new skill sets and mindsets needed for modern learning spaces and workplaces. Three themes are central to the process of building this bridge: human-centered learning, upskilling/reskilling, and local economic development.
Environmental Analysis | page 16
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