Investment is significant in the Edtech industry which is a growing sector. While it is important to understand the business model.
It is equally important to understand the factors that are driving growth and in turn increasing the need for investment.
Today, Edtech companies are growing at a significantly high rate and are also getting significant funding. The Edtech industry has the probability of a growth to a size of $177 billion by 2020.
The Edtech industry is rapidly growing because of the following factors:
The number of people with access to education is increasing. The world is booming and the number of people with access to education is going to increase.
For example, in the US, the number of people with access to education has the estimation to increase by 15% by 2020.
The number of students around the world is increasing. The number of students in the world is expected to increase by 15% by 2020.
Around the world, the number of teachers is growing. By 2020, the number of teachers in the world is projected to rise by 15%.
The world is booming and the number of people with access to education is going to increase.
Cudy strives to assist students in achieving their academic objectives. When you register on Cudy as a student, you will be able to learn from the best tutors online. Based on your place, the course you're taking, and the subjects you need help with, you'll have the simplest time finding a tutor.