The COVID-19 pandemic has created a systemic shift in the education landscape, opening the door for edtech startups globally to impact the future of learning. As a result, the demand grew significantly, e-learning became the new normal, and the investors understood the sector’s potential.
According to a report, Europe edrech and smart classroom Market are expected to reach $61,250M (approx €50,995M) by 2027 from $20,571M (approx €17,126M) in 2019. The market is estimated to grow at a CAGR of 14.6 per cent from 2020 to 2027.