Why COVID-19 is an EdTech opportunity for Latin America

Source: World Economic Forum

SINCE COVID-19 HAS STARTED,
  • “In Latin America and the Caribbean, more than 154 million children or about 95% of the enrolled students are temporarily out of school owing to COVID-19;
  • There is a significant digital divide in the region which threatens the accessibility of remote learning and other education technologies to all;
  • Governments and start-ups are stepping up to meet the challenge, deliver learning programmes and overcome the region’s connectivity issues.”

“Latin America is one of the most unequal regions in the world. Three-quarters of Latin Americans are categorized as low or lower-middle-income with30% living below the poverty line. Though many countries in the region have made significant strides towards lowering income inequality in the past few years, the richest decile of Latin Americans still owns 71% of the region’s wealth. Combine the region’s income inequality with the COVID-19 crisis, and low-income families are now facing unprecedented challenges.”

At the next post, we will introduce some edtechs to improve this challenge.

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E-Learning Market Size is Expected to Grow at a CAGR of 10.85% by 2025

  • “The global e-Learning market size was 171 Billion in 2019 and is expected to grow at a CAGR of 10.85% during 2019 to 2025.”
  • “North America’s e-Learning market share accounts for nearly 40 percent of the global e-Learning market.”
  • “APAC is expected to witness the highest growth rate that will give market vendors many opportunities.”
  • One trend in the market is the increase in adoption of microlearning, which refers to learning using bite-sized content. Since educational institutions and the corporate sector focus on personalized learning, there will be a growing preference for microlearning in the coming years.”

Source: https://www.prnewswire.com/in/news-releases/e-learning-market-size-is-expected-to-grow-at-a-cagr-of-10-85-by-2025-valuates-reports-819658695.html

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